Melrose Park Sports & Family Benefit Fund
- Assets
- $38.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Melrose Park, IL
- Founding
- 11/1999
- Data as of
- 12/2021
- EIN
- 36-4172827
Organization Overview
Melrose Park Sports & Family Benefit Fund is located in Melrose Park, IL. The organization was established in 1999. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, 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. Melrose Park Sports & Family Benefit Fund 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 12/2021, Melrose Park Sports & Family Benefit Fund generated $3.1k 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 (37.9%) each year. All expenses for the organization totaled $4.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (34.4%) 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
TO MAKE CONTRIBUTIONS TO OTHER 501(C)(3) ORGANIZATIONS, ET AL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald M Serpico President | 0 | $0 | |
Louis Nicotera Director | 0 | $0 | |
Joseph Taconi Director | 0 | $0 | |
Michael Lagioia Director | 0 | $0 | |
Michael Sicuro Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,094 |
| Other Revenue | $0 |
| Total Revenue | $3,094 |
| 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 | $330 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $312 |
| Total expenses | $4,018 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,137 |
| Other assets | $0 |
| Total assets | $38,137 |
| Total liabilities | $0 |
| Net assets or fund balances | $38,137 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indianapolis Parks Foundation Inc Indianapolis, IN | $2,785,719 | $1,402,836 |
Hunt And Diane Harris Family Foundation Moline, IL | $0 | $164,820 |
Camp Nageela Midwest Inc Skokie, IL | $3,818,884 | $3,295,001 |
National Recreation Foundation Inc Lake Forest, IL | $54,011,615 | $7,763,187 |
Iowa Sports Foundation Ames, IA | $1,349,375 | $1,610,513 |
Capital Access Corporation Louisville, KY | $1,120,026 | $636,362 |
Friends Of Big Marsh Chicago, IL | $158,301 | $422,082 |
St Louis National Charity Horse Show Defiance, MO | $108,222 | $561,071 |
Cope Environmental Center Inc Centerville, IN | $2,793,518 | $403,692 |
Warren County Y M C A Foundation Inc Monmouth, IL | $7,688,047 | $218,593 |
Campout For Kids Chicago, IL | $328,388 | $396,250 |
Pgalex Inc Lexington, KY | -$2,828 | $0 |