Commonwealth Club
- Assets
- $14.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Warren, MI
- Founding
- 07/1992
- Data as of
- 08/2021
- EIN
- 38-2172654
Organization Overview
Commonwealth Club is located in Warren, MI. The organization was established in 1992. 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. Commonwealth Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 08/2021, Commonwealth Club generated $39.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (17.3%) each year. All expenses for the organization totaled $54.8k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (12.6%) per year over the past 6 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
THE COMMONWEALTH CLUB IS A BRITISH-AMERICAN SOCIAL AND NETWORKING CLUB. THE CLUB WAS FOUNDED IN 1962 AS A GATHERING PLACE FOR BRITISH EXPATRIATES LIVING IN THE METRO DETROIT AND SURROUNDING AREAS TO MEET AND HAVE FUN IN AN ATMOSPHERE OF FRIENDSHIP AND MUTUAL SUPPORT. WHAT BEGAN AS A PREDOMINATELY BRITISH CLUB HAS CHANGED COMPLEXION WITH THE TIMES, BUT OUR GOAL, THE PRESERVATION AND DEMONSTRATION OF OUR CENTURIES-OLD TRADITIONS, HAS NOT DEVIATED OVER THE YEARS. MEMBERS HAVE INTRODUCED FRIENDS, NEIGHBORS AND COLLEAGUES TO OUR RANKS. WE ENJOY THE SUPPORT OF OF A CROSS SECTION OF SOCIETY, CREATING A VERITABLE "UNITED NATIONS" WITHIN OUR MEMBERSHIP - ALL WITH THE COMMON GOAL OF PRESERVING AND ENJOYING BRITISH TRADITIONS, ART, LITERATURE, MUSIC AND HERITAGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Jacobs Director | 5 | $0 | |
Lori Monley President | 5 | $0 | |
Darrin York Treasurer | 5 | $0 | |
Alan Thompson Director | 5 | $0 | |
Lynne Farrar Director | 5 | $0 | |
Wendy Breinig Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $192 |
| Total Program Service Revenue | $38,237 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $631 |
| Total Revenue | $39,060 |
| 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 | $2,110 |
| Occupancy, rent, utilities, and maintenance | $23,186 |
| Printing, publications, postage, and shipping | $591 |
| Other expenses | $28,913 |
| Total expenses | $54,800 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,522 |
| Other assets | $0 |
| Total assets | $14,122 |
| Total liabilities | $24,050 |
| Net assets or fund balances | -$9,928 |
Peer Organizations
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|---|---|---|
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North Shore Country Club Mequon, WI | $12,385,301 | $7,356,496 |
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Portage Country Club Akron, OH | $15,375,950 | $5,578,447 |
Tau Kappa Epsilon Fraternity Inc Indianapolis, IN | $5,851,438 | $5,058,540 |
Green Bay Country Club Inc Green Bay, WI | $11,578,714 | $7,130,925 |
Crystal Downs Country Club Frankfort, MI | $8,303,641 | $4,768,390 |
Gull Lake Country Club Richland, MI | $8,026,024 | $4,057,493 |
Golf Club Co New Albany, OH | $14,299,768 | $5,076,648 |