Sudbury River Tennis Club Inc
- Assets
- $291.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Framingham, MA
- Founding
- 09/1971
- Data as of
- 11/2022
- EIN
- 23-7140870
Organization Overview
Sudbury River Tennis Club Inc is located in Framingham, MA. The organization was established in 1971. According to its NTEE Classification (N66) the organization is classified as: Racquet 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. Sudbury River Tennis 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 11/2022, Sudbury River Tennis Club Inc generated $135.5k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $149.8k during the year ending 11/2022. While expenses have increased by 9.7% per year over the past 3 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
OWN AND MANAGE A PRIVATE TENNIS CLUB FOR A MEMBERSHIP OF APPROXIMATELY 400 MEMBERS
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Board, Officers & Key Employees
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,820 |
| Total Program Service Revenue | $0 |
| Membership dues | $127,230 |
| Investment income | $673 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $6,418 |
| Total Revenue | $135,523 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $56,968 |
| Professional fees and other payments to independent contractors | $2,000 |
| Occupancy, rent, utilities, and maintenance | $18,382 |
| Printing, publications, postage, and shipping | $467 |
| Other expenses | $71,972 |
| Total expenses | $149,789 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $136,330 |
| Other assets | $0 |
| Total assets | $291,730 |
| Total liabilities | $26,300 |
| Net assets or fund balances | $265,430 |