Greylock Community Club Inc

Organization Overview

Greylock Community Club Inc is located in North Adams, MA. The organization was established in 1948. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Greylock Community Club Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greylock Community Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 12/2021, Greylock Community Club Inc generated $158.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.0%) each year. All expenses for the organization totaled $158.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ALL ACTIVITY IS PERFORMED IN A MANNER CONSISTENT WITH OUR ORGANIZATION MEMBERS STATUS AND COMMUNITY BENEFIT

Describe the Organization's Program Activity:

Part 3 - Line 4a

MEMBERSHIP SERVICES INCLUDING BAR, LOTTERY, SPORTS, MASS CARDS, AND FLOWERS. PHILANTHROPIC ACTIVITIES FOR YOUNG INCLUDING SCHOLARSHIPS, CHRISTMAS PARTY AND YOUTH SPORTS TEAMS SPONSORSHIPS


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$6,940
Fundraising events$5,518
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$12,458
Total Program Service Revenue$0
Investment income $164
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $5,737
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $18,572
Net Income from Sales of Inventory $75,166
Miscellaneous Revenue$0
Total Revenue $158,505

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