Belmont Recreational Corporation Inc is located in Forest Hill, MD. The organization was established in 1977. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, 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. Belmont Recreational Corporation Inc 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, Belmont Recreational Corporation Inc generated $164.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $147.1k during the year ending 12/2022. While expenses have increased by 3.0% per year over the past 7 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
OPERATION AND MAINTENANCE OF RECREATIONAL FACILITIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bonnie Mccausey Treasurer | 0 | $0 | |
Holly Coates President | 0 | $0 | |
Nicole Dunn Vice President | 0 | $0 | |
Brain Sherman Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $163,870 |
Investment income | $306 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $164,176 |
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 | $147,141 |
Total expenses | $147,141 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $164,847 |
Other assets | $0 |
Total assets | $207,610 |
Total liabilities | $2,299 |
Net assets or fund balances | $205,311 |
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