Sedgwick Farm Tennis Club Inc is located in Syracuse, NY. The organization was established in 2007. 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. Sedgwick Farm Tennis 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, Sedgwick Farm Tennis Club Inc generated $39.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $40.9k during the year ending 12/2023. While expenses have increased by 0.7% per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE MEMBERS WITH THE UNLIMITED USE OF TENNIS COURTS, OFFER LESSONS, ORGANIZE MATCHES AND TENNIS LEAGUES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Thorpe Director | 1 | $0 | |
Louanne Colaneri Director | 1 | $0 | |
Jake Barrett Director | 1 | $0 | |
Jamie Carmer Director | 1 | $0 | |
Nate Kelley Director | 1 | $0 | |
Ronald Ferguson Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,528 |
| Total Program Service Revenue | $3,990 |
| Membership dues | $29,110 |
| Investment income | $20 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $4,500 |
| Total Revenue | $39,148 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,924 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $19,043 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,935 |
| Total expenses | $40,902 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,452 |
| Other assets | $0 |
| Total assets | $42,655 |
| Total liabilities | $16,357 |
| Net assets or fund balances | $26,298 |