Washington Bridge League
- Assets
- $72.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chevy Chase, MD
- Founding
- 12/1977
- Data as of
- 12/2021
- EIN
- 54-6047939
Organization Overview
Washington Bridge League is located in Chevy Chase, MD. The organization was established in 1977. 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. Washington Bridge League 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 12/2021, Washington Bridge League generated $38.5k 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 (16.4%) each year. All expenses for the organization totaled $29.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (19.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Miller Club Manager | 12 | $11,720 | |
Herb Schulken Treasurer | 12 | $200 | |
Charles Dearolf Board Member Until September 2021 | 2 | $0 | |
Carole Banks Board Member Until September 2021 | 3 | $0 | |
Alex Gretsinger Board Member | 4 | $0 | |
Lloyd Rawley Board Member | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $32,251 |
| Membership dues | $6,168 |
| Investment income | $106 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $38,525 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $7,776 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $20,130 |
| Occupancy, rent, utilities, and maintenance | $1,298 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $29,204 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,771 |
| Other assets | $0 |
| Total assets | $72,061 |
| Total liabilities | $1,265 |
| Net assets or fund balances | $70,796 |
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