The Columbus Club Corporation Of Ocean City Maryland Incorporated
- Assets
- $125.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ocean City, MD
- Founding
- 09/1995
- Data as of
- 06/2017
- EIN
- 52-1793662
Organization Overview
The Columbus Club Corporation Of Ocean City Maryland Incorporated is located in Ocean City, MD. The organization was established in 1995. 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. Columbus Club Corporation Of Ocean City Maryland Incorporated 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 06/2017, Columbus Club Corporation Of Ocean City Maryland Incorporated generated $74.1k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $53.6k during the year ending 06/2017. 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
2017
Describe the Organization's Program Activity:
Part 3
THE CLUB'S RENTAL INCOME IS JUST ENOUGH TO COVER ITS EXPENSES; THERE IS NO EXCESS TO BE USED IN OTHER PROGRAMS.
THE CLUB'S RENTAL INCOME IS JUST ENOUGH TO COVER ITS EXPENSES; THERE IS NO EXCESS TO BE USED IN OTHER PROGRAMS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sal Castorina President | 1 | $0 | |
Frank Tumminello Vice President | 1 | $0 | |
Don Kyle Treasurer | 1 | $0 | |
Joe Zanettis Secretary | 1 | $0 | |
Sal Castorina President | 1 | $0 | |
Frank Tumminello Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $61,380 |
| Membership dues | $12,668 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $74,057 |
| 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 | $28,183 |
| Printing, publications, postage, and shipping | $2,481 |
| Other expenses | $22,953 |
| Total expenses | $53,617 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,831 |
| Other assets | $0 |
| Total assets | $125,786 |
| Total liabilities | $0 |
| Net assets or fund balances | $125,786 |