Smokies Gt Inc
- Assets
- $333.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Budd Lake, NJ
- Founding
- Data as of
- 12/2021
- EIN
- 83-2712105
Organization Overview
Smokies Gt Inc is located in Budd Lake, NJ. 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. Smokies Gt 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, Smokies Gt Inc generated $47.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (37.4%) each year. All expenses for the organization totaled $4.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (71.6%) per year over the past 3 years. 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
THE MEMBERS GATHER FOR A SPRING GATHERING TO DRIVE THEIR CARS ON TRACK AND ORGANIZED MOUNTAIN DRIVES. DURING THE SPRING GATHERING CLUB ACTIVITIES INCLUDE GROUP DINNERS AND CAR RELATED ACTIVITIES SUCH AS DRIVING ON A RENTED TRACK AND PARTICIPATING IN ORGANIZED MOUNTAIN DRIVES. IN ADDITION RIDES MAY BE PROVIDED TO CHARITY GUESTS AND THE CLUB MAY CHOOSE TO HOLD AN AUCTION HOSTED BY A LOCAL AND OR NATIONAL CHARITY. MEMBERS TAKE THE EVENING ACTIVITY AND DINNER TIMES TO GET ASSOCIATED WITH NEW AND OLD MEMBERS ALIKE AND EXCHANGE INFORMATION RELATED TO OBTAINING DRIVING AND TRACKING PORSCHE GT CARS. ALL THE FEES ARE COVERED WITH THE ASSESSMENT CHARGED TO PARTICIPATE IN THE TRIP. PLEASE NOTE - COVID-19 IMPACTED THE ABILITY OF THE GROUP TO HOLD THE FUNCTION IN 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sean Groer President | 10 | $0 | |
Mayur Malde Vice President | 10 | $0 | |
Michael Waring Vice President - Finance | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $47,037 |
| Investment income | $69 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $47,106 |
| 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 | $8 |
| Other expenses | $4,492 |
| Total expenses | $4,500 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $323,471 |
| Other assets | $0 |
| Total assets | $333,222 |
| Total liabilities | $287,485 |
| Net assets or fund balances | $45,737 |
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|---|---|---|
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Overbrook Golf Club Bryn Mawr, PA | $25,446,093 | $10,373,823 |
Fisher Island Club Inc Fishers Island, NY | $26,382,427 | $9,842,592 |
North Jersey Country Club Inc Wayne, NJ | $12,240,984 | $10,758,532 |
Noyac Golf Club Inc Sag Harbor, NY | $25,263,669 | $11,022,614 |
Huntington Crescent Club Inc Huntington, NY | $18,101,805 | $9,571,803 |
Cedar Hill Golf & Country Club Inc Livingston, NJ | $9,265,709 | $8,374,790 |
Lake Mohawk Country Club Sparta, NJ | $6,081,837 | $9,550,355 |
Mill River Club Inc Oyster Bay, NY | $11,730,867 | $8,340,769 |
White Beeches Golf And Country Club Haworth, NJ | $11,179,728 | $9,547,172 |
American Philatelic Society Bellefonte, PA | $5,023,195 | $3,137,752 |