Solo Club
- Assets
- $142.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 06/1964
- Data as of
- 12/2022
- EIN
- 85-0201916
Organization Overview
Solo Club is located in Albuquerque, NM. The organization was established in 1964. 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. Solo Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Solo Club generated $100.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $114.3k during the year ending 12/2022. While expenses have increased by 6.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
AS A PRIVATE SOCIAL CLUB, WE CELEBRATED 59 YEARS SERVING SINGLES IN THE ALBUQUERQUE COMMUNITY. OUR CLUB PROVIDES A PLACE WHERE SINGLE FRIENDS CAN MEET TO TALK, PLAY CARDS, SHOOT POOL, PLAY SHUFFLEBOARD, SING, DANCE, LISTEN TO MUSIC, AND MEET NEW FRIENDS. WE RE-OPENED AT THE END OF MAY 2021 FOLLOWING THE LIFT OF COVID RESTRICTIONS IN OUR STATE. WE MADE CONTRIBUTIONS TO THE ALBUQUERQUE POLICE DEPARTMENT'S TOY DRIVE, AND DONATED TOYS TO THE ALL FAITHS RECEIVING HOME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Inga Duhon Director | 2 | $0 | |
Rosalie A Gomez President | 2 | $0 | |
Karen Rademacher Treasurer | 8 | $0 | |
Linda Riel Director | 2 | $0 | |
Tina Velarde Director | 4 | $0 | |
Nell Yount Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,073 |
| Total Program Service Revenue | $15,872 |
| Membership dues | $13,275 |
| Investment income | $8,000 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $99,970 |
| 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 | $832 |
| Printing, publications, postage, and shipping | $3,860 |
| Other expenses | $109,617 |
| Total expenses | $114,309 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,217 |
| Other assets | $0 |
| Total assets | $142,674 |
| Total liabilities | $19,789 |
| Net assets or fund balances | $122,885 |