American Hungarian Citizens League Incorporated is located in Garfield, NJ. The organization was established in 1968. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Hungarian Citizens League Incorporated 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, American Hungarian Citizens League Incorporated generated $29.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $24.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.6%) per year over the past 7 years. 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
THE ORGANIZATION MAINTAINS A CENTER FOR AMERICANS OF HUNGARIAN ANCESTRY TO LEARN ABOUT THEIR HERITAGE, MUSIC, ART, CUSTOMS, HISTORY AND TO PRESERVE THE SAME.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Melinda Udvari President | 15 | $0 | |
Katalin Petocz Trustee | 10 | $0 | |
Imre Molnar Trustee | 10 | $0 | |
Magdolna Pal Trustee | 10 | $0 | |
Erika Nagyova Treasurer | 12 | $0 | |
Peter Kiss Vice President | 15 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $29,218 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $4 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $29,222 |
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 | $350 |
Occupancy, rent, utilities, and maintenance | $9,522 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $14,810 |
Total expenses | $24,682 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $20,184 |
Other assets | $0 |
Total assets | $88,650 |
Total liabilities | $268 |
Net assets or fund balances | $88,382 |
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