Cromwell Hills Recreation Association
- Assets
- $444.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Morristown, NJ
- Founding
- 08/1964
- Data as of
- 09/2022
- EIN
- 22-1739033
Organization Overview
Cromwell Hills Recreation Association is located in Morristown, NJ. The organization was established in 1964. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, 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. Cromwell Hills Recreation Association is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2022, Cromwell Hills Recreation Association generated $98.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $89.9k during the year ending 09/2022. While expenses have increased by 1.0% 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
AS A COMMUNITY ORGANIZATION CENTERED AROUND A POOL AND CLUBHOUSE, WE BENEFIT AN AREA OF APPROXIMATELY 180 HOUSES. MEMBERSHIP IS ABOUT 100 FAMILIES, A TOTAL OF APPROXIMATELY 400 PEOPLE. WE RUN A POOL WHICH HAS A YOUTH SWIM TEAM (AN ALUMNI OF OUR POOL SWAM IN THE SUMMER OLYMPICS THIS YEAR) AND WE RUN EVENTS FOR THE COMMUNITY SEVERAL TIMES A YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rob Fraser President | 5 | $0 | |
Marc Baskin Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,331 |
| Total Program Service Revenue | $5,547 |
| Membership dues | $69,028 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $94 |
| Total Revenue | $98,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $38,829 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $51,068 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $89,897 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,819 |
| Other assets | $0 |
| Total assets | $444,070 |
| Total liabilities | $0 |
| Net assets or fund balances | $444,070 |
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