Key West Club 1
- Assets
- $112.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlottesville, VA
- Founding
- 06/2007
- Data as of
- 12/2021
- EIN
- 54-0905017
Organization Overview
Key West Club 1 is located in Charlottesville, VA. The organization was established in 2007. 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. Key West Club 1 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, Key West Club 1 generated $92.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $81.4k 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
SWIM AND TENNIS CLUB MEMBERSHIPS - PROVIDE SOCIAL CLUB TO MEMBERS INCLUDING SWIM LESSONS AND SWIM TEAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Claire Chantell Secretary | 5 | $0 | |
Caroline Cook Vice-President | 5 | $0 | |
Alisen Baumann President | 5 | $0 | |
Steven Engel Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $20,183 |
| Membership dues | $72,677 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3 |
| Total Revenue | $92,863 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $33,122 |
| Professional fees and other payments to independent contractors | $675 |
| Occupancy, rent, utilities, and maintenance | $28,819 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,812 |
| Total expenses | $81,428 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,705 |
| Other assets | $0 |
| Total assets | $111,955 |
| Total liabilities | $0 |
| Net assets or fund balances | $111,955 |
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