Warren German American Club
- Assets
- $93.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Warren, RI
- Founding
- 06/1944
- Data as of
- 12/2023
- EIN
- 05-0146681
Organization Overview
Warren German American Club is located in Warren, RI. The organization was established in 1944. 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. Warren German American Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Warren German American Club generated $67.7k 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 (4.8%) each year. All expenses for the organization totaled $68.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Rego Treasurer | 2 | $0 | |
David Collins Board Of Director | 1 | $0 | |
Daniel Francis Board Of Director | 2 | $0 | |
Paula Amaral Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $19,000 |
| Investment income | $396 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,074 |
| Other Revenue | $327 |
| Total Revenue | $67,705 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,142 |
| Professional fees and other payments to independent contractors | $106 |
| Occupancy, rent, utilities, and maintenance | $22,983 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $36,168 |
| Total expenses | $68,399 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,734 |
| Other assets | $0 |
| Total assets | $93,592 |
| Total liabilities | $0 |
| Net assets or fund balances | $93,592 |