Cape Ann Platform Tennis Club Inc is located in Gloucester, MA. 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. Cape Ann Platform Tennis 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 12/2021, Cape Ann Platform Tennis Club Inc generated $85.3k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 29.3% each year . All expenses for the organization totaled $37.2k 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
PROMOTE A CLUB FOR MEMBERS AND THEIR GUESTS TO ENJOY, LEARN AND IMPROVE PLATFORM TENNIS SKILLS, TO ACTIVELY FOSTER AND ATMOSPHERE OF FRIEDLINESS AND OPEN COMMUNICATION IN A SAFE, CLEAN, COMFORTABLE AND AFFORDABLE TENNIS CLUB.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Matthew Whitlcok President | 5 | $0 | |
John Bishop Clerk | 5 | $0 | |
Stephen Wilkens Director | 5 | $0 | |
Todd Etna Director | 5 | $0 | |
Linda Brenske Director | 5 | $0 | |
Charles Leveroni Director | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,385 |
Total Program Service Revenue | $0 |
Membership dues | $82,885 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $85,270 |
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 | $3,045 |
Occupancy, rent, utilities, and maintenance | $28,760 |
Printing, publications, postage, and shipping | $162 |
Other expenses | $5,183 |
Total expenses | $37,150 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $16,729 |
Other assets | $0 |
Total assets | $182,479 |
Total liabilities | $50,402 |
Net assets or fund balances | $132,077 |
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