Glenbrook Athletic Club Inc is located in Stamford, CT. The organization was established in 1972. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Glenbrook Athletic 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 07/2022, Glenbrook Athletic Club Inc generated $102.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $103.3k during the year ending 07/2022. As we would expect to see with falling revenues, expenses have declined by (3.8%) 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
2022
Describe the Organization's Program Activity:
Part 3
ALLOCATION OF USE OF FACILITIES & EQUIPMENT BY OTHER CHARITIES & SERVICE ORGANIZATIONS AT NO COST OR BELOW MARKET COSTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Karen Wahnowsky Secretary | 0 | $0 | |
Michael Vakos Treasurer | 0 | $0 | |
John Romanello Vice-Preside | 0 | $0 | |
Ed Nemchek President | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $21,109 |
Membership dues | $12,573 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $102,206 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $39,434 |
Professional fees and other payments to independent contractors | $850 |
Occupancy, rent, utilities, and maintenance | $29,960 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $33,028 |
Total expenses | $103,272 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $42,119 |
Other assets | $0 |
Total assets | $258,885 |
Total liabilities | $131,956 |
Net assets or fund balances | $126,929 |
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