Pericles Democratic Club Of N H is located in Manchester, NH. The organization was established in 1981. According to its NTEE Classification (W24) the organization is classified as: Citizen Participation, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, Pericles Democratic Club Of N H employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pericles Democratic Club Of N H 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, Pericles Democratic Club Of N H generated $136.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $131.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SOCIAL CLUB FOR MEMBERS TO SHARE SOCIAL & PERSONAL GOALS AND INTERESTS. TO PROMOTE FELLOWSHIP AND COMMUNITY RELATIONS AND FOR CIVIL AND SOCIAL RESPONSIBILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A NUMBER OF SOCIAL EVENTS WERE CONDUCTED DURING THE YEAR. THESE EVENTS FURTHERED THE FELLOWSHIP OF THE ORGANIZATIN WHICH IS THE PRIMARY PURPOSE OF THE ORGANIZATION.
OPERATE A HALL FOR MEETINGS WHICH PROVIDES REFRESHMENTS FOR THE MEMBERS ONLY.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Theodoros Michalopoulos President | Officer | $0 | |
| Elias Moutsioulis Treasurer | Officer | $0 | |
| Elias Moutsioulis Secretary | Officer | $0 | |
| Anastasia Zisis Vice Preside | Officer | $0 | 
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 | 
| Membership dues | $4,380 | 
| Fundraising events | $0 | 
| Related organizations | $0 | 
| Government grants | $0 | 
| All other contributions, gifts, grants, and similar amounts not included above | $0 | 
| Noncash contributions included in lines 1a–1f | $0 | 
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,380 | 
| Total Program Service Revenue | $0 | 
| Investment income | $21 | 
| Tax Exempt Bond Proceeds | $0 | 
| Royalties | $0 | 
| Net Rental Income | $0 | 
| Net Gain/Loss on Asset Sales | $0 | 
| Net Income from Fundraising Events | $0 | 
| Net Income from Gaming Activities | $0 | 
| Net Income from Sales of Inventory | $129,711 | 
| Miscellaneous Revenue | $0 | 
| Total Revenue | $136,013 | 
| 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 | $35,453 | 
| Pension plan accruals and contributions | $0 | 
| Other employee benefits | $0 | 
| Payroll taxes | $4,428 | 
| Fees for services: Management | $0 | 
| Fees for services: Legal | $0 | 
| Fees for services: Accounting | $4,560 | 
| Fees for services: Lobbying | $0 | 
| Fees for services: Fundraising | $0 | 
| Fees for services: Investment Management | $0 | 
| Fees for services: Other | $0 | 
| Advertising and promotion | $0 | 
| Office expenses | $569 | 
| Information technology | $0 | 
| Royalties | $0 | 
| Occupancy | $38,828 | 
| Travel | $0 | 
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 | 
| Conferences, conventions, and meetings | $0 | 
| Interest | $0 | 
| Payments to affiliates | $0 | 
| Depreciation, depletion, and amortization | $0 | 
| Insurance | $0 | 
| All other expenses | $8,263 | 
| Total functional expenses | $131,171 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,042 | 
| Savings and temporary cash investments | $55,972 | 
| Pledges and grants receivable | $0 | 
| Accounts receivable, net | $0 | 
| Loans from Officers, Directors, or Controlling Persons | $0 | 
| Loans from Disqualified Persons | $0 | 
| Notes and loans receivable | $0 | 
| Inventories for sale or use | $4,800 | 
| Prepaid expenses and deferred charges | $7,457 | 
| Net Land, buildings, and equipment | $129,634 | 
| Investments—publicly traded securities | $0 | 
| Investments—other securities | $0 | 
| Investments—program-related | $0 | 
| Intangible assets | $0 | 
| Other assets | $0 | 
| Total assets | $203,905 | 
| Accounts payable and accrued expenses | $1,296 | 
| Grants payable | $107 | 
| 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 | $1,403 | 
| Net assets without donor restrictions | $0 | 
| Net assets with donor restrictions | $0 | 
| 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 | $202,502 | 
| Total liabilities and net assets/fund balances | $203,905 |