Walteria Business Mens Club

Organization Overview

Walteria Business Mens Club is located in Torrance, CA. The organization was established in 1959. 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. Walteria Business Mens Club is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending undefined, Walteria Business Mens Club generated $25.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $22.4k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (10.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

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Describe the Organization's Program Activity:

Part 3

AWARDED 4 COLLEGE SCHOLARSHIPS OF $1,000.00 EACH TO 4 HIGHSCHOOL GRADUATES FROM SOUTH TORRANCE HIGH SCHOOL.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$925
Total Program Service Revenue$0
Membership dues$7,710
Investment income $4,000
Gain or Loss$0
Net Income from Gaming & Fundraising$11,773
Other Revenue$1,100
Total Revenue$25,508

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