The Pen-Mar Club
- Assets
- $262.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hancock, MD
- Founding
- Data as of
- 10/2020
- EIN
- 32-0265756
Organization Overview
The Pen-Mar Club is located in Hancock, MD.
For the year ending 10/2020, Pen-Mar Club generated $46.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $44.0k during the year ending 10/2020. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 5 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
2020
Describe the Organization's Program Activity:
Part 3
THE PEN-MAR CLUB SERVES THE RECREATIONAL NEEDS OF HUNDREDS OF FAMILIES FROM ACROSS THE REGION AND WELCOMES VISITORS FROM ALL OVER THE COUNTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Fulton President | 25 | $0 | |
Bruce Armstrong Vice President | 15 | $0 | |
Jane Garvin Secretary | 20 | $0 | |
Al Reader Grounds | 25 | $0 | |
Deann Connolly Treasurer | 20 | $0 | |
Sherrie Truax External Affairs | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $310 |
| Total Program Service Revenue | $1,740 |
| Membership dues | $42,381 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,525 |
| Other Revenue | $610 |
| Total Revenue | $46,691 |
| 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 | $25,109 |
| Printing, publications, postage, and shipping | $50 |
| Other expenses | $18,836 |
| Total expenses | $43,995 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,576 |
| Other assets | $0 |
| Total assets | $262,120 |
| Total liabilities | $0 |
| Net assets or fund balances | $262,120 |
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