Tropic Grove Recreation Center Inc
- Assets
- $80.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Vero Beach, FL
- Founding
- 02/1977
- Data as of
- 12/2022
- EIN
- 59-1708231
Organization Overview
Tropic Grove Recreation Center Inc is located in Vero Beach, FL. The organization was established in 1977. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, 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. Tropic Grove Recreation Center Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Tropic Grove Recreation Center Inc generated $66.1k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $71.4k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
RECREATION CLUBTO TROPIC GROVE INC AND TROPIC GROVE VILLAS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin Riccio President | 2 | $0 | |
Rhea Mckenna Vice Preside | 2 | $0 | |
Janet Zeilger Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $65,910 |
| Investment income | $112 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $80 |
| Total Revenue | $66,102 |
| 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 | $12,663 |
| Occupancy, rent, utilities, and maintenance | $1,866 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $56,900 |
| Total expenses | $71,429 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $67,257 |
| Other assets | $0 |
| Total assets | $80,057 |
| Total liabilities | $584 |
| Net assets or fund balances | $79,473 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Newtown Recreation Inc Alpharetta, GA | $134,249 | $1,016,888 |
Florida Recreation And Park Association Inc Tallahassee, FL | $1,274,371 | $1,163,180 |
Emerald Coast Fitness Foundation Fort Walton Beach, FL | $117,412 | $758,974 |
Georgia Recreation And Park Association Inc Conyers, GA | $880,188 | $570,815 |
Girl Power For Good Foundation Inc Valparaiso, FL | $1,749,186 | $1,119,678 |
Standing Boy Inc Columbus, GA | $152,043 | $525,287 |
Redemptive Cycles Services Inc Birmingham, AL | $203,820 | $485,618 |
Catalyst Sports Inc Atlanta, GA | $145,521 | $371,257 |
Cherokee Recreation Center Inc Centre, AL | $36,036 | $305,621 |
Police Athletic League Of Clay County Green Cove Springs, FL | $320,576 | $317,151 |
Tidevue Estates Civic Association Inc Ellenton, FL | $565,806 | $264,849 |
Alabama Recreation & Parks Assn Inc Montgomery, AL | $695,404 | $362,871 |