Wesley Palms Club
- Assets
- $80.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 05/1971
- Data as of
- 04/2022
- EIN
- 23-7093790
Organization Overview
Wesley Palms Club is located in San Diego, CA. The organization was established in 1971. 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. Wesley Palms Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 04/2022, Wesley Palms Club generated $116.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $114.8k during the year ending 04/2022. While expenses have increased by 3.0% per year over the past 7 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
THE PURPOSE OF THE WESLEY PALMS CLUB SHALL BE: TO PROMOTE GRACIOUS LIVING FOR AND AMONG THE RESIDENTS OF WESLEY PALMS; TO REPRESENT THE RESIDENTS IN MATTERS RELATING TO THEIR HAPPINESS AND WELFARE; TO INITIATE AND PROMOTE FORMAL AND INFORMAL PROGRAM ACTIVITIES OF INTEREST, ENJOYMENT AND THE BENEFIT OF THE MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Albert Treasurer | 0 | $0 | |
Mimi Carr Secretary | 0 | $0 | |
Marilyn Hicok Vice President | 0 | $0 | |
Beth Coye President | 0 | $0 | |
Rigdon Currie Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,827 |
| Membership dues | $112,149 |
| Investment income | $288 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $116,264 |
| 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 | $1,300 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $113,529 |
| Total expenses | $114,829 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $80,886 |
| Other assets | $0 |
| Total assets | $80,886 |
| Total liabilities | $0 |
| Net assets or fund balances | $80,886 |
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