Bridge Club Inc Raleigh is located in Raleigh, NC. The organization was established in 1968. 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. Bridge Club Inc Raleigh 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, Bridge Club Inc Raleigh generated $54.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $60.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 5 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
WE OFFER TWO BRIDGE TOURNAMENTS PER YEAR TO MEMBERS AND THEIR GUESTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rustin Weimer Treasurer | 3 | $0 | |
Barbara Hudson Club Manager | 6 | $0 | |
John Cobb President | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $165 |
Total Program Service Revenue | $50,255 |
Membership dues | $1,130 |
Investment income | $2,423 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $53,973 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $20,689 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $10,344 |
Occupancy, rent, utilities, and maintenance | $29,554 |
Printing, publications, postage, and shipping | $158 |
Other expenses | $0 |
Total expenses | $60,745 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $51,423 |
Other assets | $0 |
Total assets | $51,423 |
Total liabilities | $0 |
Net assets or fund balances | $51,423 |