Bretton Woods Recreation Center Inc
- Assets
- $12.6m
- Revenue
- $7.9m
- Investments
- $0.0
- Employees
- 305
- Location
- Germantown, MD
- Founding
- 04/1969
- Data as of
- 12/2022
- EIN
- 52-0858997
Organization Overview
Bretton Woods Recreation Center Inc is located in Germantown, MD. The organization was established in 1969. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Bretton Woods Recreation Center Inc employed 305 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bretton Woods Recreation Center Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Bretton Woods Recreation Center Inc generated $7.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $7.7m during the year ending 12/2022. While expenses have increased by 5.1% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE OUR INTERNATIONAL MEMBERS AND GUESTS WITH A QUALITY DESTINATION THAT OFFERS A VARIETY OF SPORTS, SOCIAL ACTIVITIES AND DINING IN A RELAXED, INCLUSIVE AND FAMILY-FRIENDLY SETTING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE AND FACILITATE PARTICIPATION IN OUTDOOR AND OTHER RECREATIONAL ACTIVITIES OF ITS MEMBERS (EMPLOYEES & RETIREES OF THE INTERNATIONAL MONETARY FUND, SIMILAR OTHER INTERNATIONAL ORGANIZATIONS AND THEIR GUESTS).
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ralph Chami President | OfficerTrustee | 1 | $0 |
Thomas Augsten Vice-President | OfficerTrustee | 1 | $0 |
Simon Bradbury Treasurer | OfficerTrustee | 1 | $0 |
Robert York Imf Mgmt, Appointee | Trustee | 1 | $0 |
Oliver Fleurence Imf Mgmt, Appointee | Trustee | 1 | $0 |
Nicolas Magud Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,136,479 |
| 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 | $4,136,479 |
| Total Program Service Revenue | $2,966,610 |
| Investment income | $92 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $799,451 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,902,632 |
| 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 | $3,655,594 |
| Pension plan accruals and contributions | $170,481 |
| Other employee benefits | $272,859 |
| Payroll taxes | $523,933 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,724 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $115,610 |
| Advertising and promotion | $30,795 |
| Office expenses | $69,159 |
| Information technology | $11,935 |
| Royalties | $0 |
| Occupancy | $288,360 |
| Travel | $125,019 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $85,157 |
| Interest | $684 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $898,583 |
| Insurance | $168,588 |
| All other expenses | $313,325 |
| Total functional expenses | $7,742,946 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $903,855 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $447,441 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $159,002 |
| Prepaid expenses and deferred charges | $141,622 |
| Net Land, buildings, and equipment | $8,615,690 |
| Investments—publicly traded securities | $2,055,606 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $35,187 |
| Other assets | $221,103 |
| Total assets | $12,579,506 |
| Accounts payable and accrued expenses | $651,483 |
| Grants payable | $0 |
| Deferred revenue | $882,207 |
| 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 | $220,332 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,754,022 |
| Net assets without donor restrictions | $10,825,484 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $12,579,506 |