Acton Indoor Tennis Association Inc
- Assets
- $360.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Acton, MA
- Founding
- 01/1998
- Data as of
- 06/2024
- EIN
- 04-2896463
Organization Overview
Acton Indoor Tennis Association Inc is located in Acton, MA. The organization was established in 1998. 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. Acton Indoor Tennis Association Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2024, Acton Indoor Tennis Association Inc generated $181.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $113.0k during the year ending 06/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
AITA HAS APPROXIMATELY 125 MEMBERS WHO ARE FOCUSED ON IMPROVING THEIR OVERALL CONFIDENCE AND PLAY IN TENNIS. WE HOST SEVERAL WOMENS LEAGUE TEAMS AND A COUPLE OF MEN'S TEAMS THAT PLAY IN VARIOUS LEAGUES: DBH, CMITA AND SUMMER LEAGUE. OUE WOMEN'S TEAMS WERE VERY COMPETITIVE AND ALL FINISHING IN THE TOP 1-3 OF THEIR RESPECTIVE LEAGUES. SINCE WE ARE VOLUNTEER ORGANIZATION WE DEPEND ON OUR MEMBERS TO HELP MAINTAIN THE CLUB. WE EXPANDED THE VOLUNTEER PROGRAM IN AN EFFORT TO REDUCE OUR OPERATING COSTS. IN DOING SO, WE WERE ABLE TO GENERATE SIGNIFICANT PROFITS FROM OPERATIONS WHICH WILL HELP PAY FOR A NEW BUBBLE, REDO THE INDOOR COURTS AND OVERHAUL THE BATHROOMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Holmes President | 15 | $0 | |
Scott Robb Treasurer | 5 | $0 | |
Scott Latham Clerk & Secretary | 1 | $0 | |
Nicole Bloomfield Web Designer | 1 | $0 | |
Carol Aronson Volunteer Coordinator | 3 | $0 | |
Peter Shanahan Bookkeeper | 5 | $6,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $181,541 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $181,541 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $113,038 |
| Total expenses | $113,038 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $283,363 |
| Other assets | $0 |
| Total assets | $360,906 |
| Total liabilities | $0 |
| Net assets or fund balances | $360,906 |