Three Village Tennis Club Inc
- Assets
- $165.1k
- Revenue
- $101.0k
- Investments
- $0.0
- Employees
- 17
- Location
- East Setauket, NY
- Founding
- 02/1990
- Data as of
- 10/2018
- EIN
- 23-7159977
Organization Overview
Three Village Tennis Club Inc is located in East Setauket, NY. The organization was established in 1990. According to its NTEE Classification (N66) the organization is classified as: Racquet Sports, under the broad grouping of Recreation & Sports and related organizations. As of 10/2018, Three Village Tennis Club Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Three Village 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 10/2018, Three Village Tennis Club Inc generated $101.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $109.9k during the year ending 10/2018. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE TENNIS IN THE THREE VILLAGE AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE GAME OF TENNIS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Bothfeld Secretary | Officer | 0 | $0 |
Judy Damore President | Officer | 0 | $0 |
Terry Merrifield Vice President | Officer | 0 | $0 |
David Brandman Treasurer | Officer | 0 | $0 |
Ross Blechman Director | Trustee | 0 | $0 |
Christopher Conard Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,996 |
| Investment income | $25 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $101,021 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $42,936 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,036 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,975 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $720 |
| Office expenses | $1,698 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,033 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,337 |
| Insurance | $7,428 |
| All other expenses | $0 |
| Total functional expenses | $109,881 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,982 |
| Savings and temporary cash investments | $50,465 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $165,090 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $20,055 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $165,090 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Squash Racquets Association Inc New York, NY | $39,381,714 | $9,670,106 |
Usta Eastern Inc White Plains, NY | $5,765,024 | $4,131,199 |
Legacy Youth Tennis And Education Philadelphia, PA | $10,141,229 | $3,452,164 |
Millbrook Golf And Tennis Club Inc Millbrook, NY | $5,327,958 | $3,562,808 |
Tenacity Inc Boston, MA | $5,621,842 | $5,321,929 |
United States Tennis Association- Middle States Section Valley Forge, PA | $4,600,788 | $3,210,777 |
Tennis Club Of Rochester Inc Pittsford, NY | $3,132,804 | $2,778,170 |
The Sportmens Tennis & Enrichment Center Inc Dorchester, MA | $6,337,014 | $5,005,388 |
City Squash Inc Bronx, NY | $6,666,385 | $3,002,008 |
Port Washington Tennis Academy Inc Port Washington, NY | $5,263,201 | $1,557,377 |
Princeton Tennis Program Princeton, NJ | $2,911,658 | $1,612,269 |
Tennis And Racquet Club Boston, MA | $1,909,646 | $1,126,682 |