New England M G T Register Ltd
- Assets
- $264.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palm Coast, FL
- Founding
- 05/1971
- Data as of
- 12/2021
- EIN
- 23-7092073
Organization Overview
New England M G T Register Ltd is located in Palm Coast, FL. The organization was established in 1971. 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. New England M G T Register Ltd 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, New England M G T Register Ltd generated $78.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $63.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Lawson Director | 4 | $0 | |
Mike Leckstein Director | 1 | $0 | |
Rob Orander Director | 1 | $0 | |
Charlie Searles Chairman | 1 | $0 | |
Jan Hurd Director | 1 | $0 | |
Nick Dabica Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,751 |
| Total Program Service Revenue | $5,534 |
| Membership dues | $54,958 |
| Investment income | $23 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $11,611 |
| Total Revenue | $78,315 |
| 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 | $10,852 |
| Occupancy, rent, utilities, and maintenance | $226 |
| Printing, publications, postage, and shipping | $2,153 |
| Other expenses | $50,606 |
| Total expenses | $63,837 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $258,943 |
| Other assets | $0 |
| Total assets | $264,249 |
| Total liabilities | $27,750 |
| Net assets or fund balances | $236,499 |
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