Ukrainian American Social Club Inc is located in Reading, PA. The organization was established in 1946. 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. Ukrainian American Social 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, Ukrainian American Social Club Inc generated $41.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $38.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.5%) 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 PURPOSE IS TO FURTHER AND PROMOTE SOCIALINTERCOURSE AND FRIENDSHIP AMONG ITS MEMBERS, AND ENCOURAGE THE HIGHEST STANDARD OF SOCIAL LIFE BYITS MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Welgoss President | 20 | $0 | |
John Plummer Treasurer | 2 | $0 | |
Mickey Donatelli Financial Secretary | 5 | $0 | |
William Woytko Vice President | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $2,080 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $1,107 |
Other Revenue | $6,100 |
Total Revenue | $41,742 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $4,104 |
Professional fees and other payments to independent contractors | $1,955 |
Occupancy, rent, utilities, and maintenance | $27,352 |
Printing, publications, postage, and shipping | $92 |
Other expenses | $4,459 |
Total expenses | $37,962 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $6,707 |
Other assets | $0 |
Total assets | $87,007 |
Total liabilities | $0 |
Net assets or fund balances | $87,007 |
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