Netherwood Tennis Club Inc is located in Plainfield, NJ. The organization was established in 1995. 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. Netherwood 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, Netherwood Tennis Club Inc generated $51.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $56.2k during the year ending 12/2023. While expenses have increased by 4.9% per year over the past 5 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
0
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Freyberger Pres | 0 | $0 | |
Gary Gisser Treas | 0 | $0 | |
Hollis Williams Sec | 0 | $0 | |
Sandy Turteltaub Bd Member | 0 | $0 | |
Marc Mayer Bd Member | 0 | $0 | |
Mitch Sandak Bd Member | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,483 |
| Total Program Service Revenue | $0 |
| Membership dues | $43,078 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $51,561 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $13,962 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $42,278 |
| Total expenses | $56,240 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,481 |
| Other assets | $0 |
| Total assets | $9,481 |
| Total liabilities | $0 |
| Net assets or fund balances | $9,481 |