Millbrae Racquet Club is located in Millbrae, CA. 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. Millbrae Racquet Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2022, Millbrae Racquet Club generated $87.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $51.4k during the year ending 06/2022. While expenses have increased by 2.9% per year over the past 6 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
MILLBRAERACQUETCLUBISA501C7ORGANIZATIONANDASSUCHDOESNOTHAVEASERVICEPROGRAM
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ken Hoeck Vice-President | 3 | $0 | |
Jan Akers President | 5 | $0 | |
Rita Armstrong Treasurer | 5 | $0 | |
Claudia Edson Membership | 3 | $0 | |
Jim Van Ness Secretary | 1 | $0 | |
Helen Brosnan Communications | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $21,118 |
Membership dues | $66,278 |
Investment income | $9 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $87,405 |
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 | $5,026 |
Occupancy, rent, utilities, and maintenance | $26,868 |
Printing, publications, postage, and shipping | $191 |
Other expenses | $19,303 |
Total expenses | $51,388 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $113,944 |
Other assets | $0 |
Total assets | $136,734 |
Total liabilities | $0 |
Net assets or fund balances | $136,734 |
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