Quad-City Plus 60 Friendship Club
- Assets
- $167.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Davenport, IA
- Founding
- 03/1976
- Data as of
- 12/2022
- EIN
- 42-1045205
Organization Overview
Quad-City Plus 60 Friendship Club is located in Davenport, IA. The organization was established in 1976. 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. Quad-City Plus 60 Friendship Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Quad-City Plus 60 Friendship Club generated $137.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $150.1k during the year ending 12/2022. While expenses have increased by 8.4% per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
OUR SOCIAL CLUB IS LED BY VOLUNTEER BOARD MEMBERS, WHO ORGANIZE LOCAL LIFESTYLE ENRICHMENT, EDUCATIONAL AND SOCIAL EVENTS, AS WELL AS COORDINATE 1-DAY TRIPS AND MULTI-DAY TRAVEL TOURS FOR ITS MEMBERS AGE 55 AND OVER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teresa Garrison President | 24 | $0 | |
Jane Artman-Andrews Vice President | 5 | $0 | |
Angela Dearking Secretary | 14 | $0 | |
Susanne C Stark Treasurer | 15 | $0 | |
Anne Coffman Board Member | 4 | $0 | |
John Kustes Board Member | 18 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,450 |
| Total Program Service Revenue | $103,974 |
| Membership dues | $12,107 |
| Investment income | $13,155 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $137,686 |
| 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 | $1,913 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,244 |
| Other expenses | $127,446 |
| Total expenses | $150,078 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $167,237 |
| Other assets | $0 |
| Total assets | $167,237 |
| Total liabilities | $19,067 |
| Net assets or fund balances | $148,170 |