Tenafly Tennis Club Inc is located in Tenafly, NJ. The organization was established in 2009. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tenafly Tennis Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Tenafly Tennis Club Inc generated $101.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $85.0k during the year ending 12/2021. While expenses have increased by 1.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
CLUB PROVIDES FACILITIES FOR ITS MEMBERS, FAMILIES AND GUESTS FOR RECREATIONAL AND SOCIAL FUNCTIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gary Ackerman Vice President | 5 | $0 | |
Stephen Chval Treasurer | 5 | $0 | |
Peter Rustin Member | 2 | $0 | |
Maury Buchalter Secretary | 5 | $0 | |
Pieter Goes Member | 2 | $0 | |
Deborah Rapoport Member | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $774 |
Membership dues | $100,566 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $101,340 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,050 |
Occupancy, rent, utilities, and maintenance | $69,380 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $14,525 |
Total expenses | $84,955 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $47,470 |
Other assets | $0 |
Total assets | $80,184 |
Total liabilities | $0 |
Net assets or fund balances | $80,184 |
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