Fitt60126 Inc is located in Elmhurst, IL. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational 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. Fitt60126 Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Fitt60126 Inc generated $77.0k 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 (14.2%) each year. All expenses for the organization totaled $73.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (12.6%) per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE CLEAN, SAFE FITNESS CENTER FOR THE BENEFIT OF MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Antonette Carfagnini Board Member | 20 | $0 | |
Corey Gunn Board Member | 1 | $0 | |
Michael Draz Board Member | 1 | $0 | |
Robert Hallberg Board Member/treasurer | 2 | $0 | |
Michael Milani Board Member | 1 | $0 | |
Bridget Draz Asst Mgr | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $76,973 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $50 |
Total Revenue | $77,023 |
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 | $750 |
Occupancy, rent, utilities, and maintenance | $27,440 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $45,437 |
Total expenses | $73,627 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $18,620 |
Other assets | $0 |
Total assets | $22,620 |
Total liabilities | $6,041 |
Net assets or fund balances | $16,579 |