The Pen-Mar Club is located in Hancock, MD.
For the year ending 10/2023, Pen-Mar Club generated $61.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $88.7k during the year ending 10/2023. While expenses have increased by 5.8% per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
THE PEN-MAR CLUB SERVES THE RECREATIONAL NEEDS OF HUNDREDS OF FAMILIES FROM ACROSS THE REGION AND WELCOMES VISITORS FROM ALL OVER THE COUNTRY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Fulton President | 25 | $0 | |
Bruce Armstrong Vice President | 15 | $0 | |
Jane Garvin Secretary | 20 | $0 | |
Don Whitaker Treasurer | 20 | $0 | |
James Scruggs Ways Means | 10 | $0 | |
Al Shields Grounds | 25 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,905 |
| Total Program Service Revenue | $35,500 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $556 |
| Other Revenue | $734 |
| Total Revenue | $61,065 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $67,152 |
| Printing, publications, postage, and shipping | $574 |
| Other expenses | $20,975 |
| Total expenses | $88,701 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,722 |
| Other assets | $0 |
| Total assets | $240,770 |
| Total liabilities | $0 |
| Net assets or fund balances | $240,770 |