Newtown Bridge Club Inc
- Assets
- $28.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newtown, CT
- Founding
- 11/2014
- Data as of
- 12/2022
- EIN
- 32-0431619
Organization Overview
Newtown Bridge Club Inc is located in Newtown, CT. The organization was established in 2014. 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 itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Newtown Bridge Club Inc 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, Newtown Bridge Club Inc generated $77.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $77.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.7%) per year over the past 4 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 |
|---|---|---|---|
George Holland Board Of Directors, President | 2 | $0 | |
Janet Kahn Board Of Directors, Vice President | 1 | $0 | |
Mary Kaley Board Of Directors, Secretary | 2 | $0 | |
Mark Blumenthal Board Of Directors, Treasurer | 1 | $0 | |
Bob Clark Board Of Directors | 1 | $0 | |
Sandy Gould Board Of Directors | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $187 |
| Total Program Service Revenue | $70,866 |
| Membership dues | $6,183 |
| Investment income | $171 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $77,407 |
| 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 | $46,730 |
| Occupancy, rent, utilities, and maintenance | $13,020 |
| Printing, publications, postage, and shipping | $117 |
| Other expenses | $18,077 |
| Total expenses | $77,944 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,340 |
| Other assets | $0 |
| Total assets | $28,459 |
| Total liabilities | $2,160 |
| Net assets or fund balances | $26,299 |