Hungarian Beneficial Literary & Social Society
- Assets
- $167.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pricedale, PA
- Founding
- 04/2009
- Data as of
- 12/2022
- EIN
- 25-0562895
Organization Overview
Hungarian Beneficial Literary & Social Society is located in Pricedale, PA. The organization was established in 2009. 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. Hungarian Beneficial Literary & Social Society 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, Hungarian Beneficial Literary & Social Society generated $86.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $80.0k during the year ending 12/2022. While expenses have increased by 3.4% per year over the past 7 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 CLUB UNITES ITS MEMBERS IN THE BONDS OF FRATERNITY, BENEVOLENCE AND CHARITY. THIS IS ACCOMPLISHED THROUGH A YEAR ROUND SCHEDULE OF SOCIAL AND RECREATIONAL ACTIVITIES FOR MEMBERS AND THEIR FAMILIES ESTIMATED TO NUMBER 210.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert A Kinik Jr President | 20 | $0 | |
Christopher Christner Vice-President | 10 | $0 | |
Jeffrey Antal Secretary / Treasurer | 15 | $0 | |
Kevin Kinik Sr Trustee | 5 | $0 | |
Brian Baker Trustee | 5 | $0 | |
Randy Tabron Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $910 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,216 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,216 |
| Total Revenue | $86,569 |
| 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 | $475 |
| Occupancy, rent, utilities, and maintenance | $31,003 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $48,561 |
| Total expenses | $80,039 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,595 |
| Other assets | $0 |
| Total assets | $167,431 |
| Total liabilities | $1,731 |
| Net assets or fund balances | $165,700 |