Island Newcomers Club Inc
- Assets
- $16.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Simons Island, GA
- Founding
- 02/2017
- Data as of
- 05/2024
- EIN
- 81-2559690
Organization Overview
Island Newcomers Club Inc is located in Saint Simons Island, GA. The organization was established in 2017. 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. Island Newcomers 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 05/2024, Island Newcomers Club Inc generated $61.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $56.5k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 8 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 |
|---|---|---|---|
Kay Miles President | 1 | $0 | |
Catherine Perez Secretary | 1 | $0 | |
Sally Carter Treasurer | 1 | $0 | |
Lauralyn Mustaki Vice President | 1 | $0 | |
George Edwards Membership Director | 4 | $0 | |
Paul Travis Web Operations | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $41,183 |
| Membership dues | $20,300 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $61,483 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $56,542 |
| Total expenses | $56,542 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,457 |
| Other assets | $0 |
| Total assets | $16,457 |
| Total liabilities | $0 |
| Net assets or fund balances | $16,457 |