American Hungarian Citizens League Incorporated
- Assets
- $74.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Garfield, NJ
- Founding
- 01/1968
- Data as of
- 12/2023
- EIN
- 22-6093463
Organization Overview
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 12/2023, American Hungarian Citizens League Incorporated generated $27.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $26.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.8%) per year over the past 8 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
2023
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Kiss Vice President | 15 | $0 | |
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 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,790 |
| 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 | $27,794 |
| 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 | $550 |
| Occupancy, rent, utilities, and maintenance | $8,039 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,282 |
| Total expenses | $26,871 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,347 |
| Other assets | $0 |
| Total assets | $74,813 |
| Total liabilities | $268 |
| Net assets or fund balances | $74,545 |