Penn Valley Athletic Club
- Assets
- $430.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Renfrew, PA
- Founding
- 04/1970
- Data as of
- 01/2024
- EIN
- 25-1181880
Organization Overview
Penn Valley Athletic Club is located in Renfrew, PA. The organization was established in 1970. According to its NTEE Classification (N60) the organization is classified as: Amateur 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. Penn Valley Athletic Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 01/2024, Penn Valley Athletic Club generated $133.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $161.8k during the year ending 01/2024. While expenses have increased by 6.0% per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
THE PROMOTION OF EXERCISE AND LEISURE THROUGH SWIMMING VIA ACTIVITIES SUCH AS THE SWIM TEAM, RECREATIONAL SWIMMING, AND SWIMMING LESSONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Velasquez President | 2 | $0 | |
Craig Smith Vice President | 2 | $0 | |
Teresa Phillips Treasurer | 2 | $0 | |
Tyler Large Secretary | 2 | $0 | |
Nicole Thompson Member | 2 | $0 | |
Alexis Mcnamera Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $13,723 |
| Membership dues | $107,719 |
| Investment income | $6,650 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $133,518 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $16,604 |
| Salaries, other compensation, and employee benefits | $62,102 |
| Professional fees and other payments to independent contractors | $4,728 |
| Occupancy, rent, utilities, and maintenance | $72,621 |
| Printing, publications, postage, and shipping | $2,317 |
| Other expenses | $3,454 |
| Total expenses | $161,826 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $89,345 |
| Other assets | $0 |
| Total assets | $430,449 |
| Total liabilities | $1,660 |
| Net assets or fund balances | $428,789 |