Shady Grove Recreation Association Inc
- Assets
- $91.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chevy Chase, MD
- Founding
- 01/1974
- Data as of
- 12/2021
- EIN
- 23-7221277
Organization Overview
Shady Grove Recreation Association Inc is located in Chevy Chase, MD. The organization was established in 1974. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, 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. Shady Grove Recreation Association Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Shady Grove Recreation Association Inc generated $115.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $130.8k during the year ending 12/2021. While expenses have increased by 5.4% per year over the past 4 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
2021
Describe the Organization's Program Activity:
Part 3
THE ASSOCIATION WAS ORGANIZED TO COLLECTIVELY MAINTAIN AND PRESERVECOMMONLY OWNED PROPERTY AND AMENITIES FOR THE PLEASURE AND BENEFITOF THE GENERAL PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne Broadfield President | 3 | $0 | |
Stacey Wendelbo Vice President | 3 | $0 | |
Robin Ritter Secretary | 3 | $0 | |
Alan Krusinger Treasurer | 3 | $0 | |
Salar Samii Member | 3 | $0 | |
Russell Drew Member | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $115,226 |
| Investment income | $19 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $115,245 |
| 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 | $27,075 |
| Occupancy, rent, utilities, and maintenance | $85,282 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,465 |
| Total expenses | $130,822 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,061 |
| Other assets | $0 |
| Total assets | $91,007 |
| Total liabilities | $2,407 |
| Net assets or fund balances | $88,600 |