Woodvale Avenue Olympic Club
- Assets
- $22.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Johnstown, PA
- Founding
- 01/1960
- Data as of
- 12/2021
- EIN
- 25-0890446
Organization Overview
Woodvale Avenue Olympic Club is located in Johnstown, PA. The organization was established in 1960. According to its NTEE Classification (N71) the organization is classified as: Olympics, 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. Woodvale Avenue Olympic Club 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, Woodvale Avenue Olympic Club generated $68.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $48.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.3%) 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
TO OPERATE SOCIAL CLUB FOR MEMBER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Oswalt President | 10 | $0 | |
Paul Oswalt Financial Secretary | 5 | $0 | |
Roy V Oswalt Jr Vice President | 5 | $0 | |
David Beas Jr Membership Secretary | 5 | $0 | |
Rose Oswalt Treasurer | 5 | $0 | |
Chris Gutshall Recording Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $750 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $23,377 |
| Other Revenue | $10,444 |
| Total Revenue | $68,039 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,907 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $9,683 |
| Printing, publications, postage, and shipping | $478 |
| Other expenses | $3,604 |
| Total expenses | $48,672 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,833 |
| Other assets | $0 |
| Total assets | $22,551 |
| Total liabilities | $0 |
| Net assets or fund balances | $22,551 |
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