Mayo Society Inc is located in North Bellmore, NY. The organization was established in 2013. 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. Mayo Society Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Mayo Society Inc generated $14.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.4%) each year. All expenses for the organization totaled $29.1k during the year ending 12/2022. 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
PROMOTE THE FRATERNITY OF MEMBERS OF IRISH DESCENT FROM COUNTY MAYO, COUNTRY OF IRELAND.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Mcmahon President | 4 | $0 | |
Kiernan Mcandrew Vice President | 4 | $0 | |
Rita Lydon Lenz Treasurer | 4 | $0 | |
John Gray Financial Secretary | 4 | $0 | |
Claire O'sullivan Corp. Secretary | 4 | $0 | |
Kathy Flanagan Rec. Secretary | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $560 |
Investment income | $25,410 |
Gain or Loss | $1,485 |
Net Income from Gaming & Fundraising | -$13,072 |
Other Revenue | $0 |
Total Revenue | $14,383 |
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 | $1,000 |
Printing, publications, postage, and shipping | $216 |
Other expenses | $25,996 |
Total expenses | $29,087 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $307,697 |
Other assets | $0 |
Total assets | $307,697 |
Total liabilities | $0 |
Net assets or fund balances | $307,697 |