Greenwood Gaming Club Inc is located in Brooklyn, NY. The organization was established in 2019. 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. Greenwood Gaming 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 06/2024, Greenwood Gaming Club Inc generated $72.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.4% each year . All expenses for the organization totaled $85.8k during the year ending 06/2024. While expenses have increased by 22.3% 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
2024
Describe the Organization's Program Activity:
Part 3
CONTINUED OPERATION OF SOCIAL SPACE FOR MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Isaac Vanduyn Vice President | 8 | $0 | |
Paul Vanduyn Vice President | 8 | $0 | |
George Tsemberlis Vice President | 8 | $0 | |
Ricardo Miranda Vice President | 8 | $0 | |
Thomas Zagorski Vice President | 8 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $64,915 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $7,035 |
Other Revenue | $0 |
Total Revenue | $72,892 |
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 | $7,500 |
Occupancy, rent, utilities, and maintenance | $61,374 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $16,919 |
Total expenses | $85,793 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $40,397 |
Other assets | $0 |
Total assets | $65,121 |
Total liabilities | $0 |
Net assets or fund balances | $65,121 |