Slovene-American Club
- Assets
- $79.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Allen Park, MI
- Founding
- 04/1998
- Data as of
- 12/2021
- EIN
- 38-1038700
Organization Overview
Slovene-American Club is located in Allen Park, MI. The organization was established in 1998. 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. Slovene-American Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Slovene-American Club generated $7.2k 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 (22.1%) each year. All expenses for the organization totaled $19.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.2%) 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
SLOVENE AMERICAN CLUB IS NOT A 501(C)(3) ENTITY AND, AS A RESULT IS NOT REQUIRED TO COMPLETE THIS SECTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Herb Schroeder President | 0.5 | $0 | |
Mike Masten Vice Preside | 2 | $0 | |
Bonnie Weber Secretary | 0.5 | $0 | |
Gayle Chase Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $605 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,420 |
| Investment income | $4,655 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $500 |
| Total Revenue | $7,180 |
| 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 | $410 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,529 |
| Total expenses | $19,939 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $79,126 |
| Other assets | $0 |
| Total assets | $79,126 |
| Total liabilities | $0 |
| Net assets or fund balances | $79,126 |
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