Leisure Hour Club is located in Albion, MI. The organization was established in 1938. 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. Leisure Hour Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Leisure Hour Club generated $27.4k 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 (4.7%) each year. All expenses for the organization totaled $25.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.8%) 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
2023
Describe the Organization's Program Activity:
Part 3
FRATERNAL ORGANIZATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William Zaremba President | 20 | $0 | |
Della Zaremba Treasurer | 5 | $0 | |
Tony Weaver Trustee | 5 | $0 | |
Michelle Dye Bar Manager | 25 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $51 |
Total Program Service Revenue | $0 |
Membership dues | $3,105 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $27,422 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $50 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $11,366 |
Printing, publications, postage, and shipping | $100 |
Other expenses | $13,532 |
Total expenses | $25,048 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $9,861 |
Other assets | $0 |
Total assets | $62,128 |
Total liabilities | $54,491 |
Net assets or fund balances | $7,637 |