Twin Valley Recreation Association
- Assets
- $45.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Morgantown, PA
- Founding
- 10/1962
- Data as of
- 12/2022
- EIN
- 23-1599146
Organization Overview
Twin Valley Recreation Association is located in Morgantown, PA. The organization was established in 1962. 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. Twin Valley 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 12/2022, Twin Valley Recreation Association generated $83.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $79.1k during the year ending 12/2022. While expenses have increased by 0.2% per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
0
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marilyn Good President | 20 | $0 | |
Alicia Uhrig Vice-President | 10 | $0 | |
Patricia Gable Secretary | 5 | $0 | |
Kelly Reagan Treasurer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $83,796 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $83,796 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $37,229 |
| Professional fees and other payments to independent contractors | $1,100 |
| Occupancy, rent, utilities, and maintenance | $39,532 |
| Printing, publications, postage, and shipping | $198 |
| Other expenses | $1,054 |
| Total expenses | $79,113 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,599 |
| Other assets | $0 |
| Total assets | $45,771 |
| Total liabilities | $8,442 |
| Net assets or fund balances | $37,329 |
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