Louisville Bridge Association
- Assets
- $141.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 08/1961
- Data as of
- 12/2021
- EIN
- 61-6035228
Organization Overview
Louisville Bridge Association is located in Louisville, KY. The organization was established in 1961. According to its NTEE Classification (N60) the organization is classified as: Amateur 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. Louisville Bridge 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, Louisville Bridge Association generated $54.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $87.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 6 years. 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 |
|---|---|---|---|
Denise Tonini Treasurer | 0 | $599 | |
Patricia Barber Secretary | 0 | $599 | |
Carolyn Carpenter Vice Preside | 0 | $0 | |
Hannah Davis President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,592 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $52,055 |
| Total Revenue | $54,647 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,198 |
| Professional fees and other payments to independent contractors | $440 |
| Occupancy, rent, utilities, and maintenance | $70,954 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,800 |
| Total expenses | $87,392 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $83,130 |
| Other assets | $0 |
| Total assets | $141,658 |
| Total liabilities | $0 |
| Net assets or fund balances | $141,658 |
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