Club Owners United Inc
- Assets
- $20.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 12/2015
- Data as of
- 08/2023
- EIN
- 35-2547027
Organization Overview
Club Owners United Inc is located in Chicago, IL. The organization was established in 2015. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Club Owners United Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2023, Club Owners United Inc generated $17.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (31.3%) each year. All expenses for the organization totaled $2.4k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (64.1%) per year over the past 3 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE SCHOLARSHIPS TO ABOUT 10 RECIPIENTS WITH LAPTOPS FOR NEEDY YOUTH THAT ARE COLLEGE BOUND
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Gordon President | 40 | $0 | |
Melvin Brooks Treasurer | 30 | $0 | |
Jimmy Cittenden Vice President | 20 | $0 | |
Alana Mullins Secretary | 15 | $0 | |
Antonio Burgess Director-Business Mgmt | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,808 |
| Total Program Service Revenue | $0 |
| Membership dues | $7,306 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$665 |
| Other Revenue | $0 |
| Total Revenue | $17,449 |
| 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 | $1,764 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $166 |
| Other expenses | $500 |
| Total expenses | $2,430 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,213 |
| Other assets | $0 |
| Total assets | $20,213 |
| Total liabilities | $0 |
| Net assets or fund balances | $20,213 |