Chancery Club
- Assets
- $143.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Playa Del Rey, CA
- Founding
- 02/2009
- Data as of
- 12/2021
- EIN
- 26-2430490
Organization Overview
Chancery Club is located in Playa Del Rey, CA. 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. Chancery 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, Chancery Club generated $70.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $53.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.1%) 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
THE CHANCERY CLUB PROVIDED PROGRAMS AND SERVICES TO APPROXIMATELY 250 MEMBERS DURING THE YEAR ENDED 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Scheper President | 0.5 | $0 | |
Helen B Kim Treasurer | 0.5 | $0 | |
Carlos Moreno Vice-President | 0.5 | $0 | |
Terree A Bowers Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $70,680 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,680 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,724 |
| Other expenses | $51,715 |
| Total expenses | $53,439 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $143,516 |
| Other assets | $0 |
| Total assets | $143,516 |
| Total liabilities | $0 |
| Net assets or fund balances | $143,516 |
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