Memorial Recreation Center Inc
- Assets
- $75.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Smethport, PA
- Founding
- 11/1957
- Data as of
- 12/2022
- EIN
- 25-6057352
Organization Overview
Memorial Recreation Center Inc is located in Smethport, PA. The organization was established in 1957. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, 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. Memorial Recreation Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Memorial Recreation Center Inc generated $23.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $30.1k during the year ending 12/2022. 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
DAILY SWIMMING AVAILABILITY INCLUDING LESSONS AND WATER AEROBICS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas E Ball Asst Treasurer | 1 | $0 | |
Pamela Ferman President | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,833 |
| Total Program Service Revenue | $11,836 |
| Membership dues | $0 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,041 |
| Other Revenue | $0 |
| Total Revenue | $23,717 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,231 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $2,836 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,072 |
| Total expenses | $30,139 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,134 |
| Other assets | $0 |
| Total assets | $75,092 |
| Total liabilities | $0 |
| Net assets or fund balances | $75,092 |