51 Club
- Assets
- $157.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ontario, OH
- Founding
- 02/2019
- Data as of
- 12/2021
- EIN
- 82-3876282
Organization Overview
51 Club is located in Ontario, OH. The organization was established in 2019. According to its NTEE Classification (Y03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 51 Club 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, 51 Club generated $97.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $60.0k 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
EXPENSES RELATED TO EXEMPT PURPOSE OF PROVIDING BENEFITS TO MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Cummins Treasurer | 2 | $0 | |
Richard Otto Secretary | 1 | $0 | |
Carlton Fernyak President | 2 | $0 | |
Charles Robinson Trustee | 1 | $0 | |
John Siegenthaler Trustee | 1 | $0 | |
William Wappner Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $91,677 |
| Investment income | $36 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $445 |
| Total Revenue | $97,647 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $33,271 |
| Professional fees and other payments to independent contractors | $7,655 |
| Occupancy, rent, utilities, and maintenance | $11,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,117 |
| Total expenses | $60,043 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $105,071 |
| Other assets | $0 |
| Total assets | $157,479 |
| Total liabilities | $13,469 |
| Net assets or fund balances | $144,010 |