Granite Athletic Club Inc is located in Staten Island, NY. The organization was established in 1986. According to its NTEE Classification (N60) the organization is classified as: Amateur 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. Granite Athletic 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 12/2023, Granite Athletic Club Inc generated $7.5k 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 (8.4%) each year. All expenses for the organization totaled $6.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 5 years. 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
THE BIGGIEST ACCOMPLISHMENT OF THE GRANITE A.C. IS TO THE SPORTS COMMUNITY WE SPONSOR NUMEROUS SOFTBALL AND BASEBALL TEAMS . WE PROVIDE A CLUBHOUSE TO ORGANIZE ACTIVITIES AND HOLD MEETINGS THAT SUPPORT THIS CAUSE . THE CLUB ALSO PROVIDES MEMBERS WITH A PLACE TO MEET AND SOCIALIZE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mitchel Beckwith Seargent At Arms | 0 | $0 | |
Edward Mccabe Treasurer | 0 | $0 | |
James Dugan President | 0 | $0 | |
Joe Wuench Vice President | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $7,500 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $7,500 |
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 | $6,290 |
Printing, publications, postage, and shipping | $85 |
Other expenses | $0 |
Total expenses | $6,375 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $1,358 |
Other assets | $0 |
Total assets | $102,358 |
Total liabilities | $0 |
Net assets or fund balances | $102,358 |