Burkwood Recreation Association Inc
- Assets
- $5.5m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 223
- Location
- Mechanicsville, VA
- Founding
- 07/1975
- Data as of
- 12/2023
- EIN
- 54-0988409
Organization Overview
Burkwood Recreation Association Inc is located in Mechanicsville, VA. The organization was established in 1975. 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 12/2023, Burkwood Recreation Association Inc employed 223 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Burkwood Recreation Association Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Burkwood Recreation Association Inc generated $2.7m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $2.4m during the year ending 12/2023. While expenses have increased by 4.5% per year over the past 5 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
SOCIAL AND RECREATIONAL ACTIVITIES FOR CLUB MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE AND MAINTAIN RECREATIONAL FACILITIES INCLUDING SWIMMING POOLS, TENNIS COURTS, PLAYGROUND AND CLUBHOUSE FOR APPROXIMATELY 1200 MEMBERS AND THEIR GUESTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Driggs Director | Trustee | 0 | $0 |
Hannah Story Director | Trustee | 0 | $0 |
Scott Schoenwiesner Director | Trustee | 0 | $0 |
Adam Civils Director | Trustee | 0 | $0 |
Whitney Welch Director | Trustee | 0 | $0 |
Keith Gardner Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,247,478 |
| 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 | $2,247,478 |
| Total Program Service Revenue | $360,767 |
| Investment income | $49,321 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$24,554 |
| 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 | $24,008 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,657,020 |
| 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 | $1,178,508 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $112,991 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,645 |
| Fees for services: Accounting | $8,345 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,474 |
| Advertising and promotion | $7,663 |
| Office expenses | $921 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $92,931 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $340,599 |
| Insurance | $145,840 |
| All other expenses | $30,344 |
| Total functional expenses | $2,427,883 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,032 |
| Savings and temporary cash investments | $1,372,954 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $179,496 |
| 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 | $3,840,570 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,207 |
| Total assets | $5,467,259 |
| Accounts payable and accrued expenses | $64,864 |
| Grants payable | $0 |
| Deferred revenue | $263,433 |
| 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 | $2,333,869 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,662,166 |
| Net assets without donor restrictions | $2,805,093 |
| 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 | $5,467,259 |