Franco American Club Inc
- Assets
- $332.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Meriden, CT
- Founding
- 08/2002
- Data as of
- 12/2022
- EIN
- 06-0352238
Organization Overview
Franco American Club Inc is located in Meriden, CT. The organization was established in 2002. 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. Franco American Club Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Franco American Club Inc generated $131.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $143.8k during the year ending 12/2022. While expenses have increased by 5.3% 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
2022
Describe the Organization's Program Activity:
Part 3
DONATIONS TO CHARITIES AND SUPPORT OF CIVIC TEAMS (POOL & DARTS) AND CIVIC ORGANIZATIONS UPON REQUEST AND APPROVAL BY THE MEMBERSHIP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gerard Dubois Recording Secretary, Custodian | 10 | $7,000 | |
Darlene Belanger House Committee Financial Secretary | 5 | $2,600 | |
Marcus Liebe President | 4 | $0 | |
Sheri Foreman 1st VP | 1 | $0 | |
Dan Michalak 2nd VP | 1 | $0 | |
Donna Craig Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
| Total Program Service Revenue | $0 |
| Membership dues | $6,963 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $45,824 |
| Other Revenue | $5,757 |
| Total Revenue | $130,970 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $26,646 |
| Professional fees and other payments to independent contractors | $54,710 |
| Occupancy, rent, utilities, and maintenance | $57,543 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,927 |
| Total expenses | $143,826 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,804 |
| Other assets | $0 |
| Total assets | $332,404 |
| Total liabilities | $0 |
| Net assets or fund balances | $332,404 |
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