Morristown Commercial Club
- Assets
- $103.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Morristown, MN
- Founding
- 06/2003
- Data as of
- 12/2022
- EIN
- 46-0503416
Organization Overview
Morristown Commercial Club is located in Morristown, MN. The organization was established in 2003. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Morristown Commercial Club 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, Morristown Commercial Club generated $21.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $27.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Nordmeier Vice Pres | 0 | $0 | |
Dan Morris President | 0 | $0 | |
Sue Lewis Secretary | 0 | $0 | |
Adrienne Orourke Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,575 |
| Membership dues | $30 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$2,065 |
| Other Revenue | $0 |
| Total Revenue | $21,260 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,364 |
| Professional fees and other payments to independent contractors | $975 |
| Occupancy, rent, utilities, and maintenance | $2,814 |
| Printing, publications, postage, and shipping | $89 |
| Other expenses | $21,553 |
| Total expenses | $27,795 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $72,364 |
| Other assets | $0 |
| Total assets | $103,187 |
| Total liabilities | $178 |
| Net assets or fund balances | $103,009 |