Arden Club Inc
- Assets
- $1.1m
- Revenue
- $423.1k
- Investments
- $0.0
- Employees
- 5
- Location
- Wilmington, DE
- Founding
- 11/2002
- Data as of
- 09/2023
- EIN
- 51-0066042
Organization Overview
Arden Club Inc is located in Wilmington, DE. The organization was established in 2002. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2023, Arden Club Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arden Club Inc 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 09/2023, Arden Club Inc generated $423.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $410.3k during the year ending 09/2023. While expenses have increased by 9.1% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ARDEN CLUB IS A NONPROFIT ARTS EDUCATIONAL ORGANIZATION DEDICATED TO BUILDING PROMOTING COMMUNITY THROUGH PROGRAMSACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ARDEN CLUB PROVIDES SERVICES TO GOVERN AFFAIRS, MANAGE THE COMMON AREAS AND PROMOTE THE SOCIAL WELFARE OF THE COMMUNITIES OF ARDEN, DELAWARE WITH APPROXIMATELY 900 MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Toman President | OfficerTrustee | 20 | $0 |
Ian Stevenson Vice President | OfficerTrustee | 1 | $0 |
Annie Schmittinger Vice President | OfficerTrustee | 1 | $0 |
Lauren Betts Secretary | OfficerTrustee | 1 | $0 |
Steven Curley Treasurer | OfficerTrustee | 1 | $0 |
Cindy Tanzer Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $20,338 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $19,550 |
| All other contributions, gifts, grants, and similar amounts not included above | $85,473 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $125,361 |
| Total Program Service Revenue | $282,100 |
| Investment income | $1,384 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $14,285 |
| 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 | $423,130 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $57,875 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,578 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $175 |
| Office expenses | $8,462 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $30,253 |
| Travel | $165 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,107 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,774 |
| Insurance | $11,205 |
| All other expenses | $655 |
| Total functional expenses | $410,333 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $459,364 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,148 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $594,411 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,511 |
| Total assets | $1,072,434 |
| Accounts payable and accrued expenses | $4,263 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $104,792 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $109,055 |
| Net assets without donor restrictions | $906,892 |
| Net assets with donor restrictions | $56,487 |
| 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 | $1,072,434 |