Matthews Glen Residents Association
- Assets
- $39.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Matthews, NC
- Founding
- 11/2003
- Data as of
- 12/2021
- EIN
- 56-1680357
Organization Overview
Matthews Glen Residents Association is located in Matthews, NC. The organization was established in 2003. 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. Matthews Glen Residents Association 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, Matthews Glen Residents Association generated $153.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.1% each year . All expenses for the organization totaled $151.3k during the year ending 12/2021. While expenses have increased by 13.8% per year over the past 6 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Faucette At-Large | 7 | $0 | |
Ed Williams At-Large | 5 | $0 | |
Paul Wyche President | 5 | $0 | |
Claudia Schmidt President El | 10 | $0 | |
Brenda Ware Secretary | 5 | $0 | |
Barbara Comin Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $133,355 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $19,700 |
| Total Revenue | $153,055 |
| 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 | $1,590 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $19,194 |
| Other expenses | $130,554 |
| Total expenses | $151,338 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,938 |
| Other assets | $0 |
| Total assets | $39,938 |
| Total liabilities | $0 |
| Net assets or fund balances | $39,938 |
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