Local 25 Club Inc
- Assets
- $22.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Carlstadt, NJ
- Founding
- 12/1994
- Data as of
- 12/2022
- EIN
- 22-3275718
Organization Overview
Local 25 Club Inc is located in Carlstadt, NJ. The organization was established in 1994. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Local 25 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 12/2022, Local 25 Club Inc generated $12.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 31.5% each year . All expenses for the organization totaled $13.3k during the year ending 12/2022. While expenses have increased by 7.1% 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION HELD EVENTS THAT SUPPORT THE SOCIAL ACTIVITIES OF ITS MEMBERS AND THE EXEMPT PURPOSES OF THE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Calvin Brooks Trustee | 2 | $0 | |
Joseph Demark Jr Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,200 |
| Other Revenue | $3,638 |
| Total Revenue | $12,838 |
| 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 | $2,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,263 |
| Total expenses | $13,263 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,755 |
| Other assets | $0 |
| Total assets | $22,755 |
| Total liabilities | $1,678 |
| Net assets or fund balances | $21,077 |
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