Rydal Park Residents Association
- Assets
- $143.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jenkintown, PA
- Founding
- 08/1987
- Data as of
- 06/2020
- EIN
- 23-2235736
Organization Overview
Rydal Park Residents Association is located in Jenkintown, PA. The organization was established in 1987. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, 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. Rydal Park Residents Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2020, Rydal Park Residents Association generated $23.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (26.9%) each year. All expenses for the organization totaled $22.4k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (26.8%) per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
PROVIDE ENTERTAINMENT AND EDUCATIONAL ACTIVITIES FOR RESIDENTS AND STAFF OF INDEPENDENT LIVING ANDMEDICAL CENTER RESIDENTS OF THE RETIREMENT COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Helen Waite President | 10 | $0 | |
Pyyllis Silver Vice President | 3 | $0 | |
Mona Ballard Treasurer | 6 | $0 | |
Elizabeth Grenald Asst Treasurer | 2 | $0 | |
Gwen Mcadams Recording Secretary | 3 | $0 | |
Nora Walsh Corresponding Sec | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,140 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $494 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $23,031 |
| Statement of Expenses | |
|---|---|
| Total expenses | $22,384 |
| Balance Sheet | |
|---|---|
| Total assets | $143,451 |
| Total liabilities | $15,937 |
| Net assets or fund balances | $127,514 |