Glenbrook Athletic Club Inc
- Assets
- $261.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Stamford, CT
- Founding
- 01/1972
- Data as of
- 07/2023
- EIN
- 23-7090405
Organization Overview
Glenbrook Athletic Club Inc is located in Stamford, CT. The organization was established in 1972. According to its NTEE Classification (N60) the organization is classified as: Amateur 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. Glenbrook Athletic 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 07/2023, Glenbrook Athletic Club Inc generated $120.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $110.0k during the year ending 07/2023. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 7 years. 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
ALLOCATION OF USE OF FACILITIES & EQUIPMENT BY OTHER CHARITIES & SERVICE ORGANIZATIONS AT NO COST OR BELOW MARKET COSTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Mccabe President | 0 | $0 | |
John Romanello Vice-Preside | 0 | $0 | |
Michael Vakos Treasurer | 0 | $0 | |
Karen Wahnowsky Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $22,679 |
| Membership dues | $17,965 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $120,848 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $39,325 |
| Professional fees and other payments to independent contractors | $850 |
| Occupancy, rent, utilities, and maintenance | $33,060 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $36,727 |
| Total expenses | $109,962 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,714 |
| Other assets | $0 |
| Total assets | $261,824 |
| Total liabilities | $124,009 |
| Net assets or fund balances | $137,815 |