Tmb Model O Gauge Train Club Inc is located in Farmingdale, NY. 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. Tmb Model O Gauge Train 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, Tmb Model O Gauge Train Club Inc generated $57.8k 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 (3.2%) each year. All expenses for the organization totaled $56.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.1%) 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 CLUB PROVIDES MEMBERS SOCIALIZING, SKILLS ENHANCEMENT A FORMAT FOR DISCUSSING MODEL RAILROADING. IT OCCASIONALLY INVITES THE PUBLIC TO VIEW, ENJOY MEMBERS OPERATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Fiorello Treasurer | 14 | $0 | |
Stephen Scagnelli Secretary | 14 | $0 | |
Gary Taylor Director | 6 | $0 | |
William Hugues Vice President | 14 | $0 | |
David Williams President | 14 | $0 | |
Randy Tegnazian Director | 6 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $12,257 |
Total Program Service Revenue | $0 |
Membership dues | $45,231 |
Investment income | $4 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $57,795 |
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 | $55,753 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $267 |
Total expenses | $56,020 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $43,057 |
Other assets | $0 |
Total assets | $44,779 |
Total liabilities | $28 |
Net assets or fund balances | $44,751 |
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