Royal Palms Employee Fund
- Assets
- $11.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Largo, FL
- Founding
- Data as of
- 12/2022
- EIN
- 47-3235814
Organization Overview
Royal Palms Employee Fund is located in Largo, FL. Royal Palms Employee Fund 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, Royal Palms Employee Fund generated $85.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $89.2k during the year ending 12/2022. While expenses have increased by 9.8% 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
ROYAL PALMS APPRECIATION FUND MISSION IS TO PROVIDE GIFTS TO THE EMPLOYEES THROUGH SOLICITATION OF RESIDENT CONTRIBUTIONS. THE ORGANIZATION PROVIDED GIFTS TO 64 EMPLOYEES. ADMINISTRATIVE EXPENSE OF $73
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Myers President | 3 | $0 | |
Paul Riddler Vice President / Treasurer | 4 | $0 | |
Charlene Long Chair - Sunshine | 2 | $0 | |
Shirley Panek Chair - Food | 2 | $0 | |
Raymond Brennen Secretary | 2 | $0 | |
Bruce Peller Chair - Safety | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $85,831 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $85,831 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $89,211 |
| Total expenses | $89,211 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,412 |
| Other assets | $0 |
| Total assets | $11,412 |
| Total liabilities | $0 |
| Net assets or fund balances | $11,412 |
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