Young Mens Club
- Assets
- $19.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomington, IL
- Founding
- 06/1989
- Data as of
- 12/2020
- EIN
- 37-1217752
Organization Overview
Young Mens Club is located in Bloomington, IL. The organization was established in 1989. According to its NTEE Classification (O21) the organization is classified as: Boys Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Mens Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2020, Young Mens Club generated $27.0k 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 (14.3%) each year. All expenses for the organization totaled $21.1k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (18.1%) 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
FRATERNAL ORGANIZATION OF MEN OF ALL AGES FOR THE PURPOSE OF HAVING FUN AND LUNCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wayne Ericson President | 5 | $0 | |
David Gaffron Vice Preside | 5 | $0 | |
Stanley Jarecki Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $27,034 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $27,042 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $299 |
| Other expenses | $20,265 |
| Total expenses | $21,064 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,968 |
| Other assets | $0 |
| Total assets | $18,968 |
| Total liabilities | $0 |
| Net assets or fund balances | $18,968 |