Charleston Club
- Assets
- $253.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charleston, SC
- Founding
- 06/1945
- Data as of
- 11/2023
- EIN
- 57-0138870
Organization Overview
Charleston Club is located in Charleston, SC. The organization was established in 1945. 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. Charleston Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 11/2023, Charleston Club generated $63.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $57.2k during the year ending 11/2023. While expenses have increased by 6.2% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SOCIAL GATHERINGS FOR MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William E Martin III President | 1 | $0 | |
C Harrington Bissell Jr Vice President | 1 | $0 | |
Charles A Stephens Secretary | 2 | $1,200 | |
James T Coleman Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $56,378 |
| Investment income | $2,847 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $4,365 |
| Total Revenue | $63,590 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,200 |
| Professional fees and other payments to independent contractors | $1,000 |
| Occupancy, rent, utilities, and maintenance | $16,650 |
| Printing, publications, postage, and shipping | $1,578 |
| Other expenses | $26,820 |
| Total expenses | $57,198 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $99,806 |
| Other assets | $0 |
| Total assets | $253,286 |
| Total liabilities | $0 |
| Net assets or fund balances | $253,286 |