Silver Ridge Park West
- Assets
- $648.6k
- Revenue
- $356.7k
- Investments
- $0.0
- Employees
- 4
- Location
- Toms River, NJ
- Founding
- 08/1980
- Data as of
- 12/2021
- EIN
- 22-2101346
Organization Overview
Silver Ridge Park West is located in Toms River, NJ. The organization was established in 1980. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Silver Ridge Park West employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Silver Ridge Park West is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Silver Ridge Park West generated $356.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $223.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
RECREATION FACILITY AND TRANSPORTATION PROVIDED TO MEMBERS OF SENIOR CITIZEN COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RECREATION FACILITY AND TRANSPORTATION PROVIDED TO MEMBERS OF SENIOR CITIZEN COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Georgine Hynes President | OfficerTrustee | 0 | $0 |
Joseph Mccurnin Vice President | OfficerTrustee | 0 | $0 |
Susan Stier Treasurer | OfficerTrustee | 0 | $0 |
Dennis Malinowski Secretary | OfficerTrustee | 0 | $0 |
Nanette Ferrara Trustee | Trustee | 0 | $0 |
Kathleen Cuttingham Trustee | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $277,096 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $277 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $277,373 |
| Total Program Service Revenue | $0 |
| Investment income | $218 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,157 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $356,697 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,047 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,237 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,191 |
| Fees for services: Accounting | $7,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,686 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,639 |
| Insurance | $39,031 |
| All other expenses | $25,639 |
| Total functional expenses | $223,708 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $121,488 |
| Savings and temporary cash investments | $300,188 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $73,244 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,034 |
| Net Land, buildings, and equipment | $152,627 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $648,581 |
| Accounts payable and accrued expenses | $2,864 |
| Grants payable | $0 |
| Deferred revenue | $26,764 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $29,628 |
| Net assets without donor restrictions | $318,765 |
| Net assets with donor restrictions | $300,188 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $648,581 |
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