Danville Tennis Club Inc
- Assets
- $57.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Danville, IL
- Founding
- 11/1958
- Data as of
- 12/2022
- EIN
- 37-0858108
Organization Overview
Danville Tennis Club Inc is located in Danville, IL. The organization was established in 1958. According to its NTEE Classification (N66) the organization is classified as: Racquet Sports, 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. Danville Tennis Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Danville Tennis Club Inc generated $147.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $186.2k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
CLUB ACTIVITIES - COURT FEES, TENNIS CLINICS AND LESSONS, FEES FOR THE USE OF THE FACILITY - USED TO MEET THE PURPOSE OF THE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurie Sermersheim President | 0 | $0 | |
Michael Cox Treasurer | 0 | $0 | |
Lisa Behrens Director | 0 | $0 | |
Ramona Rollins Vice-President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50 |
| Total Program Service Revenue | $122,967 |
| Membership dues | $24,270 |
| Investment income | $83 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $147,370 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $120,616 |
| Professional fees and other payments to independent contractors | $948 |
| Occupancy, rent, utilities, and maintenance | $24,574 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $40,044 |
| Total expenses | $186,182 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,567 |
| Other assets | $0 |
| Total assets | $57,699 |
| Total liabilities | $7,066 |
| Net assets or fund balances | $50,633 |