Monaca Turn Verein
- Assets
- $917.1k
- Revenue
- $517.4k
- Investments
- $0.0
- Employees
- 29
- Location
- Monaca, PA
- Founding
- 09/1940
- Data as of
- 12/2021
- EIN
- 25-0671860
Organization Overview
Monaca Turn Verein is located in Monaca, PA. The organization was established in 1940. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Monaca Turn Verein employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monaca Turn Verein is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Monaca Turn Verein generated $517.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $366.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF SPORTS AND SOCIAL ACTIVITIES FOR ALL MEMBERS OF THE CLUB. GYMNASTIC FOR MEMBERS AND NON-MEMBERS. BOWLING AND RAQUETBALL CLASSES FOR MEMBERS AND PENN STATE UNIVERSITY(BEAVER) STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RACQUETBALL
GYMNASTICS
BOWLING
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Gadza Gym Coach | OfficerTrustee | 28 | $23,380 |
Shirley Cochran Secretary | OfficerTrustee | 35 | $14,286 |
Robert Chiocchi Treasurer | OfficerTrustee | 20 | $9,360 |
Nick Makowiecki Trustee | OfficerTrustee | 20 | $7,250 |
William Hoenig Vice President | OfficerTrustee | 15 | $4,683 |
Bob Dusold Trustee | Trustee | 20 | $4,520 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $19,470 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,470 |
| Total Program Service Revenue | $208,465 |
| Investment income | $9,916 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $71,150 |
| Net Income from Sales of Inventory | $186,714 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $517,365 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $63,479 |
| Compensation of current officers, directors, key employees. | $40,099 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $117,086 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $17,634 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,757 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,540 |
| Insurance | $30,647 |
| All other expenses | $14,251 |
| Total functional expenses | $366,042 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $267,188 |
| Savings and temporary cash investments | $414,505 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,904 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $230,485 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $917,082 |
| Accounts payable and accrued expenses | $3,220 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,220 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $913,862 |
| Total liabilities and net assets/fund balances | $917,082 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Delta Gamma Fraternity Columbus, OH | $24,648,581 | $44,041,794 |
Kappa Kappa Gamma Fraternity Inc Dublin, OH | $6,485,391 | $48,587,416 |
The Union League Of Philadelphia Philadelphia, PA | $166,421,963 | $49,124,019 |
New York Athletic Club New York, NY | $79,824,386 | $36,957,466 |
Congressional Country Club Inc Bethesda, MD | $78,316,209 | $29,100,314 |
University Club New York, NY | $61,571,312 | $30,883,399 |
Chevy Chase Club Inc Chevy Chase, MD | $66,940,188 | $32,070,138 |
Baltusrol Golf Club Springfield, NJ | $73,541,672 | $26,510,520 |
Winged Foot Golf Club Inc Mamaroneck, NY | $47,661,307 | $23,506,154 |
Woodmont Country Club Rockville, MD | $56,166,542 | $22,075,767 |
New York Yacht Club New York, NY | $54,553,348 | $22,663,268 |
Baltimore Country Club Of Baltimore City Baltimore, MD | $35,586,521 | $23,737,459 |