Rock Creek Kay-Cee Club Inc
- Assets
- $1.2m
- Revenue
- $500.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Bethesda, MD
- Founding
- 04/1972
- Data as of
- 06/2022
- EIN
- 52-0810090
Organization Overview
Rock Creek Kay-Cee Club Inc is located in Bethesda, MD. The organization was established in 1972. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 06/2022, Rock Creek Kay-Cee Club Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rock Creek Kay-Cee Club Inc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 06/2022, Rock Creek Kay-Cee Club Inc generated $500.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $129.1k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
HOLD TITLE TO BUILDING FOR KNIGHTS OF COLUMBUS COUNCIL
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS CORPORATION'S PRIMARY PURPOSE IS TO HOLD TITLE TO THE REAL PROPERTY AND TO RENT SUCH PROPERTY TO THE KNIGHTS OF COLUMBUS AND OTHER ORGANIZAIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Tappan President | OfficerTrustee | 16 | $0 |
John Lowe Vice President | OfficerTrustee | 6 | $0 |
Howard Frye Treasurer | OfficerTrustee | 6 | $0 |
Ken Seethaler Secretary | OfficerTrustee | 12 | $0 |
Paul Carroccio Board Member | Trustee | 2 | $0 |
Brian Dowd Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $860 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $161,477 |
| Net Gain/Loss on Asset Sales | $338,197 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $500,534 |
| 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 | $17,550 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,834 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,975 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,894 |
| Office expenses | $538 |
| Information technology | $100 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $832 |
| Interest | $1,550 |
| Payments to affiliates | $10,000 |
| Depreciation, depletion, and amortization | $14,723 |
| Insurance | $12,992 |
| All other expenses | $57,637 |
| Total functional expenses | $129,091 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,167 |
| Savings and temporary cash investments | $409,623 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $768,509 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,233,299 |
| Accounts payable and accrued expenses | $2,171 |
| Grants payable | $0 |
| Deferred revenue | $67,921 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $16,398 |
| Other liabilities | $0 |
| Total liabilities | $86,490 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $1,146,809 |
| Total liabilities and net assets/fund balances | $1,233,299 |
Endowment Analysis
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