Foresters Benevolent Association
- Assets
- $316.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bridgeport, OH
- Founding
- 05/2006
- Data as of
- 12/2021
- EIN
- 34-1057842
Organization Overview
Foresters Benevolent Association is located in Bridgeport, OH. The organization was established in 2006. 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. Foresters Benevolent Association 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, Foresters Benevolent Association generated $94.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $70.6k during the year ending 12/2021. While expenses have increased by 2.3% per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
PAID DEATH BENEFITS OR SICK BENEFITS TO MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Tennant Trustee | 10 | $120 | |
Frank Young Trustee | 10 | $120 | |
Robert Stockwell Trustee | 10 | $120 | |
Jeff Tennant President | 10 | $100 | |
Jim Atwood Recording Secretary | 2 | $60 | |
Randy Hollingshead Vice-President | 2 | $60 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,644 |
| Investment income | $1,655 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $25,326 |
| Other Revenue | $2,930 |
| Total Revenue | $94,736 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $2,880 |
| Salaries, other compensation, and employee benefits | $26,713 |
| Professional fees and other payments to independent contractors | $1,250 |
| Occupancy, rent, utilities, and maintenance | $14,112 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25,636 |
| Total expenses | $70,591 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $188,490 |
| Other assets | $0 |
| Total assets | $316,023 |
| Total liabilities | $0 |
| Net assets or fund balances | $316,023 |
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