Bassett Community Center Inc
- Assets
- $11.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bassett, VA
- Founding
- 07/1959
- Data as of
- 10/2023
- EIN
- 54-6025364
Organization Overview
Bassett Community Center Inc is located in Bassett, VA. The organization was established in 1959. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, 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. Bassett Community Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 10/2023, Bassett Community Center Inc generated $12.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (26.4%) each year. All expenses for the organization totaled $21.4k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (20.4%) per year over the past 7 years. 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
2023
Describe the Organization's Program Activity:
Part 3
RECREATIONAL FACILITY OFFERING ACTIVITIES SUCH AS VBALL SWIMMING SOCCER AND SOFTBALL THE CENTER HAS BEEN CLOSED TEMPORARILY DUE TO COVID 19
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda B Crabtree President | 2 | $0 | |
Joe Rogers Vice Pres | 2 | $0 | |
Lisa Morgan Treasurer | 2 | $0 | |
Eddie White Secretary | 2 | $0 | |
Jessica Hylton Trustee | 1 | $0 | |
John Wasoski Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,333 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $12,333 |
| 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 | $12,924 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,464 |
| Total expenses | $21,388 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,500 |
| Other assets | $0 |
| Total assets | $11,500 |
| Total liabilities | $0 |
| Net assets or fund balances | $11,500 |