Texins Dive Club
- Assets
- $29.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Round Rock, TX
- Founding
- Data as of
- 12/2023
- EIN
- 84-3261946
Organization Overview
Texins Dive Club is located in Round Rock, TX. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, 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. Texins Dive Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Texins Dive Club generated $320.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (64.7%) each year. All expenses for the organization totaled $2.7k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE TEXINS DIVE CLUB, FOUNDED IN 1958, HAS A LONG HISTORY OF PROVIDING SOCIAL, EDUCATIONAL, AND TRAINING OPPORTUNITIES TO ITS MEMBERS. ORIGINALLY SPONSORED BY TEXAS INSTRUMENTS INCORPORATED, THE TEXINS DIVE CLUB BECAME AN INDEPENDENT ORGANIZATION IN 2020. GROSS RECEIPTS INCLUDE ONE-TIME MONIES FROM THAT SPIN-OFF.
Describe the Organization's Program Activity:
Part 3
NO SPECIAL PROGRAM SERVICES.
NO SPECIAL PROGRAM SERVICES.
NO SPECIAL PROGRAM SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karl Renner President | 5 | $0 | |
John Mcmasters Vice-President | 5 | $0 | |
Denise Gentile Secretary | 5 | $0 | |
Michael Schaefer Board Member-At-Large | 3 | $0 | |
Karen Berecz Board Member-At-Large | 3 | $0 | |
Jay Weber Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $320 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $320 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $896 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $2,696 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,182 |
| Other assets | $0 |
| Total assets | $29,182 |
| Total liabilities | $0 |
| Net assets or fund balances | $29,182 |