University Club -Of Seattle- is located in Seattle, WA. The organization was established in 1934. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 12/2021, University Club -Of Seattle- employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Club -Of Seattle- 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, University Club -Of Seattle- generated $2.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 3.5% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SOCIAL FACILITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CLUB PROVIDES FOOD AND BEVERAGE FACILITIES FOR ITS MEMBERS.
THE CLUB ARRANGES OUTINGS AND SPECIAL EVENTS FOR ITS MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Waechter President | OfficerTrustee | 0 | $0 |
Jm Allen President Elect | OfficerTrustee | 0 | $0 |
Donald Nielsen Secretary | OfficerTrustee | 0 | $0 |
Mikal Thomsen Treasurer | OfficerTrustee | 0 | $0 |
Peter Chiarelli Trustee | Trustee | 0 | $0 |
John Houlihan Trustee | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $245,650 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $245,650 |
Total Program Service Revenue | $1,785,535 |
Investment income | $17,575 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $4,570 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $362,431 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,415,827 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $873,896 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $70,451 |
Payroll taxes | $58,586 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $9,125 |
Advertising and promotion | $0 |
Office expenses | $51,023 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $1,782 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $799 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $113,640 |
Insurance | $60,333 |
All other expenses | $162,332 |
Total functional expenses | $1,666,498 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $91,221 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $274,942 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $411 |
Inventories for sale or use | $181,124 |
Prepaid expenses and deferred charges | $20,225 |
Net Land, buildings, and equipment | $4,846,061 |
Investments—publicly traded securities | $364,076 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,283 |
Total assets | $5,781,343 |
Accounts payable and accrued expenses | $204,563 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $204,563 |
Net assets without donor restrictions | $2,889,433 |
Net assets with donor restrictions | $2,687,347 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $5,781,343 |
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Idaho State University Foundation Inc Pocatello, ID | $103,380,553 | $14,176,900 |
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Housing Northwest Inc Portland, OR | $58,641,349 | $5,917,895 |
Seattle Public Library Foundation Seattle, WA | $96,431,810 | $10,213,683 |
Clark Community College District 14 Foundation Vancouver, WA | $121,917,031 | $11,491,033 |
Central Washington University Foundation Ellensburg, WA | $48,919,247 | $7,605,095 |
Green River College Foundation Auburn, WA | $36,981,286 | $4,351,003 |
College Of Southern Idaho Foundation Inc Twin Falls, ID | $47,429,745 | $8,059,079 |
Regent College Foundation Seattle, WA | $182,703 | $2,359,102 |
College Of Idaho 2nd Century Fund- Trust B A Charitable Education Tr Caldwell, ID | $12,230,873 | $1,074,973 |
Central Oregon Community College Foundation Bend, OR | $26,812,893 | $2,143,822 |