Columbian Home Building Association Of Oil City
- Assets
- $55.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oil City, PA
- Founding
- 03/1951
- Data as of
- 12/2021
- EIN
- 25-0598150
Organization Overview
Columbian Home Building Association Of Oil City is located in Oil City, PA. The organization was established in 1951. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Columbian Home Building Association Of Oil City 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, Columbian Home Building Association Of Oil City generated $52.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $37.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 7 years. 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
HOLD REAL ESTATE TO BE USED AND OCCUPIED BY THE OIL CITY COUNCIL 385 KNIGHTS OF COLUMBUS FIR THE PURPOSE OF HOLDING MEETINGS OF THE COUNCIL AND FOR PROVIDING ITS MEMBERS WITH FACILITIES FOR SOCIAL ENJOYMENT AND MORAL, INTELLECTUAL AND PHYSICAL IMPROVEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Hartle Treasurer | 0 | $0 | |
Paul Hess President | 0 | $0 | |
David Moore Manager | 0 | $0 | |
Mike Gavin Secretary | 0 | $0 | |
Matt Goreczney Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,826 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $18,116 |
| Other Revenue | $7,299 |
| Total Revenue | $52,520 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,516 |
| Professional fees and other payments to independent contractors | $1,500 |
| Occupancy, rent, utilities, and maintenance | $17,956 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,260 |
| Total expenses | $37,232 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,360 |
| Other assets | $0 |
| Total assets | $55,828 |
| Total liabilities | $0 |
| Net assets or fund balances | $55,828 |
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