Wilmington Adult Soccer Club Inc is located in Wilmington, NC. The organization was established in 2013. According to its NTEE Classification (N64) the organization is classified as: Soccer, 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. Wilmington Adult Soccer 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 12/2023, Wilmington Adult Soccer Club Inc generated $132.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $92.5k during the year ending 12/2023. 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 PROMOTION AND PROVISION OF OPPORTUNITY FOR ADULTS TO PARTICIPATE IN THE SPORT OF AMATEUR SOCCER THROUGH ORGANIZED LEAGUES AND STATE SANCTIONED MATCHES IN A FUN AND COMPETITIVE ENVIRONMENT.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Taci Canel Director | 4 | $0 | |
Cem Canel Treasurer And Director | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $131,047 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,247 |
| Total Revenue | $132,294 |
| 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 | $1,298 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $91,207 |
| Total expenses | $92,505 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $93,173 |
| Other assets | $0 |
| Total assets | $93,173 |
| Total liabilities | $0 |
| Net assets or fund balances | $93,173 |