Cromwell Hills Recreation Association is located in Morristown, NJ. The organization was established in 1964. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, 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. Cromwell Hills Recreation Association is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2023, Cromwell Hills Recreation Association generated $92.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $111.1k during the year ending 09/2023. While expenses have increased by 13.5% per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3
AS A COMMUNITY ORGANIZATION CENTERED AROUND A POOL AND CLUBHOUSE, WE BENEFIT AN AREA OF APPROXIMATELY 180 HOUSES. MEMBERSHIP IS ABOUT 100 FAMILIES, A TOTAL OF APPROXIMATELY 400 PEOPLE. WE RUN A POOL WHICH HAS A YOUTH SWIM TEAM (AN ALUMNI OF OUR POOL SWAM IN THE SUMMER OLYMPICS THIS YEAR) AND WE RUN EVENTS FOR THE COMMUNITY SEVERAL TIMES A YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Erik Lih President | 5 | $0 | |
Marc Baskin Treasurer | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $8,825 |
Total Program Service Revenue | $16,248 |
Membership dues | $66,847 |
Investment income | $321 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $92,241 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $40,579 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $70,518 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $111,097 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $43,114 |
Other assets | $0 |
Total assets | $425,214 |
Total liabilities | $0 |
Net assets or fund balances | $425,214 |