Southampton Recreation Association Inc
- Assets
- $1.2m
- Revenue
- $666.3k
- Investments
- $0.0
- Employees
- 24
- Location
- Richmond, VA
- Founding
- 04/1955
- Data as of
- 09/2023
- EIN
- 54-0596340
Organization Overview
Southampton Recreation Association Inc is located in Richmond, VA. The organization was established in 1955. 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 09/2023, Southampton Recreation Association Inc employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southampton Recreation Association 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 09/2023, Southampton Recreation Association Inc generated $666.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 23.1% each year . All expenses for the organization totaled $623.4k during the year ending 09/2023. While expenses have increased by 14.7% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ESTABLISH AND MAINTAIN FACILITIES FOR THE BENEFIT OF ITS MEMBERS CONTINUOUS PROGRAM OF OUTDOOR AND INDOOR ACTIVITIES IN A SAFE ENVIRON
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE POOL SERVICES CONTRACT SUCESSFULLY KEPT THE POOL OPERATING WITH STAFFING AND MAINTENANCE OF EQUIPMENT TO ALLOW FOR MEMBERS TO USE THE FACILITY.
THE TENNIS PROGRAM SUPPORTS MAINTENANCE OF THE FACILITIES AND COACHING STAFF FOR MEMBERS OF ALL AGES TO PLAY TENNIS RECREATIONALLY AND TAKE LESSON
SWIMMING/POOL REVENUE IS RELATED TO THE SWIM TEAM ACTIVITIES FOR FEES TO SUPPORT COACHING AND MEMBERSHIP IN THE LOCAL SWIM LEAGUE FOR MEMBERS AGES 5 TO 18.
THE ICE PROGRAM SUPPORT MAINTENANCE OF THE FACILITIES/RINK AND COACHING STAFF FOR MEMBERS OF ALL AGES TO SKATE RECREATIONALLY AND TAKE LESSONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shannon Harton President | OfficerTrustee | 5 | $0 |
Rich Meagher Presidentelect | OfficerTrustee | 5 | $0 |
Katie Hellebush Past President | OfficerTrustee | 5 | $0 |
Cass Meagher VP Commsecretary | OfficerTrustee | 2 | $0 |
Graham Parlow VP Financetreasurer | OfficerTrustee | 5 | $0 |
Bryce Lyle VP Membership | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $652,830 |
| Investment income | $13,455 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $666,285 |
| 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 | $98,071 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,488 |
| 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 | $0 |
| Advertising and promotion | $12,018 |
| Office expenses | $2,813 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $118,440 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $22,315 |
| Payments to affiliates | $15,000 |
| Depreciation, depletion, and amortization | $47,843 |
| Insurance | $22,955 |
| All other expenses | $18,233 |
| Total functional expenses | $623,429 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,143 |
| Savings and temporary cash investments | $670,817 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $487,370 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,163,330 |
| Accounts payable and accrued expenses | $306 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $540,012 |
| Other liabilities | $0 |
| Total liabilities | $540,318 |
| Net assets without donor restrictions | $0 |
| 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 | $623,012 |
| Total liabilities and net assets/fund balances | $1,163,330 |