Loveladies Tennis Club
- Assets
- $347.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Harvey Cedars, NJ
- Founding
- 02/1973
- Data as of
- 09/2022
- EIN
- 23-7176233
Organization Overview
Loveladies Tennis Club is located in Harvey Cedars, NJ. The organization was established in 1973. 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. Loveladies Tennis Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2022, Loveladies Tennis Club generated $136.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $127.6k during the year ending 09/2022. While expenses have increased by 1.4% 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
PROVIDE RECREATIONAL ACTIVITIES FOR FAMILIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Seymour Koslowski President | 5 | $0 | |
Susan Roddy Vice-President | 5 | $0 | |
Melissa Magid Treasurer | 5 | $0 | |
Carol L Fishman Secretary | 5 | $0 | |
Jim Avery Assistant Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $135,976 |
| Investment income | $261 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $136,237 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $44,271 |
| Professional fees and other payments to independent contractors | $1,655 |
| Occupancy, rent, utilities, and maintenance | $26,271 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $55,389 |
| Total expenses | $127,586 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $196,593 |
| Other assets | $0 |
| Total assets | $347,569 |
| Total liabilities | $358,670 |
| Net assets or fund balances | -$11,101 |
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 |
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 |
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 |
Pretty Brook Tennis Club Inc Princeton, NJ | $3,785,703 | $1,330,219 |
Seabright Lawn Tennis & Cricket Club Rumson, NJ | $4,667,786 | $1,631,708 |
Poughkeepsie Tennis Club Poughkeepsie, NY | $543,906 | $1,179,973 |