Hungarian Beneficial Literary & Social Society is located in Pricedale, PA. The organization was established in 2009. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Hungarian Beneficial Literary & Social Society 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, Hungarian Beneficial Literary & Social Society generated $76.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $69.6k during the year ending 12/2021. 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 CLUB UNITES ITS MEMBERS IN THE BONDS OF FRATERNITY, BENEVOLENCE AND CHARITY. THIS IS ACCOMPLISHED THROUGH A YEAR ROUND SCHEDULE OF SOCIAL AND RECREATIONAL ACTIVITIES FOR MEMBERS AND THEIR FAMILIES ESTIMATED TO NUMBER 210.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Christopher Christner Vice-President | 10 | $0 | |
Kevin Kinik Sr Trustee | 5 | $0 | |
Jeffrey Weaver Trustee | 5 | $0 | |
Randy Tabron Trustee | 5 | $0 | |
Robert A Kinik Jr President | 20 | $0 | |
Jeffrey Antal Secretary / Treasurer | 15 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $400 |
Total Program Service Revenue | $0 |
Membership dues | $3,765 |
Investment income | $15 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $76,460 |
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 | $420 |
Occupancy, rent, utilities, and maintenance | $23,568 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $45,590 |
Total expenses | $69,578 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $63,148 |
Other assets | $0 |
Total assets | $174,137 |
Total liabilities | $14,967 |
Net assets or fund balances | $159,170 |
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