Club Recreativo Lusitania Inc
- Assets
- $253.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- 12/1994
- Data as of
- 12/2021
- EIN
- 52-8777000
Organization Overview
Club Recreativo Lusitania Inc is located in Cambridge, MA. The organization was established in 1994. 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. Club Recreativo Lusitania Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Club Recreativo Lusitania Inc generated $55.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $39.5k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
PROMOTED AND ENHANCED THE GENERAL WELFARE OF THE PORTUGUESE COMMUNITY; PROVIDED SOCIAL FUNCTIONS WITH FOOD, DRINKS, AND DANCING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gilberto Frutuoso President | 10 | $0 | |
Amilcar Dasilva Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $55,529 |
| Other Revenue | $0 |
| Total Revenue | $55,529 |
| 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 | $26,342 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,165 |
| Total expenses | $39,507 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $158,281 |
| Other assets | $0 |
| Total assets | $253,423 |
| Total liabilities | $0 |
| Net assets or fund balances | $253,423 |
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