Island Club Tennis Club Inc
- Assets
- $66.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hilton Head Island, SC
- Founding
- 08/1986
- Data as of
- 12/2021
- EIN
- 57-0730341
Organization Overview
Island Club Tennis Club Inc is located in Hilton Head Island, SC. The organization was established in 1986. According to its NTEE Classification (N66) the organization is classified as: Racquet Sports, 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. Island Club Tennis Club Inc 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, Island Club Tennis Club Inc generated $194.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $184.4k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
MAINTENANCE OF TENNIS FACILITIESPROVIDE TENNIS INSTRUCTIONSMAINTAIN WORKOUT FACILITIES FOR ALL MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Clasen President & Director | 5 | $0 | |
Phyllis Heller Secretary & Director | 3 | $0 | |
Wes Whitler Vice President & Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $194,523 |
| Membership dues | $0 |
| Investment income | $94 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $194,617 |
| 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 | $133,000 |
| Occupancy, rent, utilities, and maintenance | $47,761 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,600 |
| Total expenses | $184,361 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,933 |
| Other assets | $0 |
| Total assets | $66,933 |
| Total liabilities | $0 |
| Net assets or fund balances | $66,933 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Tennis Association Inc Peachtree Corners, GA | $27,075,181 | $12,482,397 |
North Carolina Tennis Association Incorporated Greensboro, NC | $3,086,008 | $3,276,809 |
Professional Tennis Registry Inc Hilton Head Island, SC | $6,269,528 | $3,800,991 |
Georgia Tennis Association Inc Marietta, GA | $3,312,720 | $2,030,309 |
Chapel Hill Tennis Club Inc Carrboro, NC | $1,484,802 | $1,790,846 |
Atlanta Lawn Tennis Association Inc Roswell, GA | $5,942,134 | $1,735,741 |
Atlanta Community Tennis Association Inc Peachtree Corners, GA | $984,721 | $954,060 |
Yonahlossee Racquet Club Inc Boone, NC | $855,205 | $589,388 |
Columbus Regional Tennis Assoc Inc Columbus, GA | $3,128,529 | $637,732 |
Northside Youth Lacrosse Atlanta, GA | $245,689 | $471,981 |
Creekside Tennis & Swim Mount Pleasant, SC | $1,085,338 | $443,714 |
Mach Academy Inc Augusta, GA | $476,756 | $407,796 |