University Club Of The City Of Washington D C
- Assets
- $10.9m
- Revenue
- $8.0m
- Investments
- $0.0
- Employees
- 84
- Location
- Washington, DC
- Founding
- 07/1935
- Data as of
- 12/2022
- EIN
- 53-0159690
Organization Overview
University Club Of The City Of Washington D C is located in Washington, DC. The organization was established in 1935. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, University Club Of The City Of Washington D C employed 84 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Club Of The City Of Washington D C 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, University Club Of The City Of Washington D C generated $8.0m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $10.0m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 8 years. 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
SOCIAL CLUB
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES GOODS & SERVICES NEEDED TO OPERATE CLUBHOUSE, RESTAURANT, AND ATHLETIC FACILITIES FOR MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Virginia A Marentette Governor | Trustee | 1 | $0 |
Douglas G Bonner President | OfficerTrustee | 1 | $0 |
Paul Centenari Treasurer | OfficerTrustee | 1 | $0 |
Kaitlyn Reilly Vice President | OfficerTrustee | 1 | $0 |
Barbara Roberts Asst. Secretary | OfficerTrustee | 1 | $0 |
Wayne H Rusch Governor | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Coakley And Williams Construction Services | 12/30/15 | $5,448,305 |
Interior Furniture Services Construction Services | 12/30/15 | $134,854 |
High Sierra Pools Construction Services | 12/30/15 | $104,319 |
Fletcher Consulting Construction Services | 12/30/15 | $144,594 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $305,384 |
| 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 | $305,384 |
| Total Program Service Revenue | $6,005,632 |
| Investment income | $0 |
| 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 | $1,712,283 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,023,299 |
| 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. | $369,545 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,591,757 |
| Pension plan accruals and contributions | $17,014 |
| Other employee benefits | $526,185 |
| Payroll taxes | $351,771 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $180,722 |
| Advertising and promotion | $114,019 |
| Office expenses | $531,753 |
| Information technology | $197,716 |
| Royalties | $0 |
| Occupancy | $932,728 |
| Travel | $15,425 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $75,351 |
| Interest | $766,731 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,124,254 |
| Insurance | $223,874 |
| All other expenses | $454,384 |
| Total functional expenses | $10,030,750 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,475 |
| Savings and temporary cash investments | $1,410,395 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,987,062 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $238,976 |
| Prepaid expenses and deferred charges | $118,914 |
| Net Land, buildings, and equipment | $6,984,454 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $91,547 |
| Total assets | $10,887,823 |
| Accounts payable and accrued expenses | $1,043,237 |
| Grants payable | $0 |
| Deferred revenue | $2,747,722 |
| 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 | $15,481,560 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $44,676 |
| Total liabilities | $19,317,195 |
| Net assets without donor restrictions | -$8,429,372 |
| 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 | $10,887,823 |