Palos Verdes Assembly
- Assets
- $201.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palos Verdes Peninsula, CA
- Founding
- 04/2001
- Data as of
- 06/2022
- EIN
- 33-0562728
Organization Overview
Palos Verdes Assembly is located in Palos Verdes Peninsula, CA. The organization was established in 2001. 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. Palos Verdes Assembly is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2022, Palos Verdes Assembly generated $170.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $140.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 7 years. 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 PROGRAM ENCOURAGES ITS MEMBERS TO PARTICIPATE IN COMMUNITY VOLUNTEERISM AND HOSTS A BALL FOR ITS MEMBERS ANNUALLY WHERE THEY PRACTICE THE ETIQUETTE, DANCE, AND SOCIAL GRACES THEY HAVE LEARNED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pauline Matarazzo Treasurer | 6 | $0 | |
Kathleen Pullen-Norris Attendance Coordinator | 10 | $0 | |
Mariko Hama President/administrator | 20 | $0 | |
Laura Maloney Recording Secretary | 1 | $0 | |
Anita Lewis Documentation Coordinator | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $58,900 |
| Membership dues | $110,415 |
| Investment income | $115 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $900 |
| Total Revenue | $170,330 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $140,543 |
| Total expenses | $140,543 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $200,957 |
| Other assets | $0 |
| Total assets | $200,957 |
| Total liabilities | $0 |
| Net assets or fund balances | $200,957 |
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