Reading Recreation Commission
- Assets
- $1.4m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 95
- Location
- Reading, PA
- Founding
- 09/2012
- Data as of
- 12/2022
- EIN
- 38-3860043
Organization Overview
Reading Recreation Commission is located in Reading, PA. The organization was established in 2012. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Reading Recreation Commission employed 95 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reading Recreation Commission is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Reading Recreation Commission generated $1.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. While expenses have increased by 0.9% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE QUALITY RECREATION PROGRAMS AND FACILITIES TO THE RESIDENTS OF THE CITY OF READING WITH AN EMPHASIS ON YOUTH PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SWIMMING POOL OPENED IN THE 2022 SEASON, FIRST YEAR SINCE 2019.
PROVIDED PAVILION, BUILDING AND EQUIPMENT RENTALS
PROVIDED TENNIS PROGRAM INTO MULTIPLE CITY LOCATIONS AND SCHOOLS; HELD SPECIAL TENNIS EVENTS AND CLINICS. ALSO PROVIDED VOLLEYBALL, BASKETBALL, & OTHER PROGRAMS.
OPERATED MULTIPLE PLAYGROUND AND AFTERSCHOOL SITES ALONG WITH SPECIAL EVENTS LIKE WACKY WATER WEDNESDAY AND MOVIE NIGHTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Taddei Jr Chairman | OfficerTrustee | 1 | $0 |
Jesse Leisawitz ESQ Vice Chairman | OfficerTrustee | 1 | $0 |
Marcia Goodman-Hinnershitz Treasurer | OfficerTrustee | 1 | $0 |
Patricia Wright Secretary | OfficerTrustee | 1 | $0 |
Paige Brookins Director | Trustee | 1 | $0 |
J Green Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $629,930 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $130,308 |
| Noncash contributions included in lines 1a–1f | $550 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $760,238 |
| Total Program Service Revenue | $390,777 |
| Investment income | $61 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $64,131 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,215,207 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $105,712 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $679,760 |
| Pension plan accruals and contributions | $11,201 |
| Other employee benefits | $50,893 |
| Payroll taxes | $63,111 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,888 |
| Fees for services: Accounting | $10,470 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $32,762 |
| Advertising and promotion | $10,691 |
| Office expenses | $176 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,284 |
| Insurance | $0 |
| All other expenses | $2,988 |
| Total functional expenses | $1,276,769 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,266,607 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,360 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,248 |
| Net Land, buildings, and equipment | $72,973 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,355,188 |
| Accounts payable and accrued expenses | $138,799 |
| Grants payable | $0 |
| Deferred revenue | $362,200 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $500,999 |
| Net assets without donor restrictions | $834,794 |
| Net assets with donor restrictions | $19,395 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,355,188 |