Ukrainian American Social Club Inc is located in Reading, PA. The organization was established in 1946. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Ukrainian American Social 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, Ukrainian American Social Club Inc generated $55.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $56.5k during the year ending 12/2022. While expenses have increased by 4.6% 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 PURPOSE IS TO FURTHER AND PROMOTE SOCIALINTERCOURSE AND FRIENDSHIP AMONG ITS MEMBERS, AND ENCOURAGE THE HIGHEST STANDARD OF SOCIAL LIFE BYITS MEMBERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Welgoss President | 20 | $0 | |
William Woytko Vice President | 2 | $0 | |
John Plummer Treasurer | 2 | $0 | |
Mickey Donatelli Financial Secretary | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,485 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,922 |
| Other Revenue | $7,800 |
| Total Revenue | $55,819 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,281 |
| Professional fees and other payments to independent contractors | $2,345 |
| Occupancy, rent, utilities, and maintenance | $24,209 |
| Printing, publications, postage, and shipping | $106 |
| Other expenses | $15,512 |
| Total expenses | $56,453 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,073 |
| Other assets | $0 |
| Total assets | $86,373 |
| Total liabilities | $0 |
| Net assets or fund balances | $86,373 |