Lakewood Tennis Club
- Assets
- $65.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newton Highlands, MA
- Founding
- 03/1994
- Data as of
- 10/2023
- EIN
- 04-2486592
Organization Overview
Lakewood Tennis Club is located in Newton Highlands, MA. The organization was established in 1994. According to its NTEE Classification (N66) the organization is classified as: Racquet Sports, 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. Lakewood Tennis Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 10/2023, Lakewood Tennis Club generated $86.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $79.9k during the year ending 10/2023. While expenses have increased by 2.2% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TENNIS CLUB SUPPORTING THE UPKEEP OF TENNIS COURTS FOR THE USE OF ITS MEMBERSHIP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Plitch Treasurer | 0 | $0 | |
Judith A Jarashow President | 0 | $0 | |
Janet Altman Vice President | 0 | $0 | |
Bryant Pierce Grounds Chair | 0 | $0 | |
Betty Kuhn Secretary | 0 | $0 | |
Irv Epstein Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50 |
| Total Program Service Revenue | $0 |
| Membership dues | $84,337 |
| Investment income | $1,933 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $86,320 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $23,184 |
| Professional fees and other payments to independent contractors | $2,809 |
| Occupancy, rent, utilities, and maintenance | $19,971 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $33,975 |
| Total expenses | $79,939 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,018 |
| Other assets | $0 |
| Total assets | $65,018 |
| Total liabilities | $0 |
| Net assets or fund balances | $65,018 |