Flint Rainbow Club
- Assets
- $86.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- St Johns, MI
- Founding
- 07/1942
- Data as of
- 12/2021
- EIN
- 38-1221222
Organization Overview
Flint Rainbow Club is located in St Johns, MI. The organization was established in 1942. 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. Flint Rainbow 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, Flint Rainbow Club generated $133.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $96.4k during the year ending 12/2021. While expenses have increased by 0.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
PROVIDE RECREATIONAL FACILITY FOR MEMBERS AND THEIR GUESTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas Bacon Director | 1 | $0 | |
Mark Jensen Director | 1 | $0 | |
Peter Neithercut President | 1 | $0 | |
David Johnson Secretary | 1 | $0 | |
Roberta Jensen Treasurer | 1 | $0 | |
Joseph Quandt Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $84,093 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $49,207 |
| Total Revenue | $133,300 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,656 |
| Professional fees and other payments to independent contractors | $2,700 |
| Occupancy, rent, utilities, and maintenance | $12,218 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $65,866 |
| Total expenses | $96,440 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $79,628 |
| Other assets | $0 |
| Total assets | $86,620 |
| Total liabilities | $364 |
| Net assets or fund balances | $86,256 |
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