Intertel Incorporated
- Assets
- $430.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Douglasville, GA
- Founding
- 01/1968
- Data as of
- 12/2023
- EIN
- 35-6065924
Organization Overview
Intertel Incorporated is located in Douglasville, GA. The organization was established in 1968. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Intertel Incorporated 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, Intertel Incorporated generated $112.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $85.1k 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
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John B Maxwell III President | 5 | $0 | |
Robert Harper Secretary | 3 | $0 | |
Lynn T Chambers CPA Treasurer | 2 | $0 | |
John Scheelk Director | 1 | $0 | |
Jonnie Ray Vaughn Director | 1 | $0 | |
Thomas Herington Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,460 |
| Membership dues | $82,799 |
| Investment income | $17,302 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $7,819 |
| Total Revenue | $111,980 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $6,083 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $41,245 |
| Occupancy, rent, utilities, and maintenance | $5,330 |
| Printing, publications, postage, and shipping | $16,713 |
| Other expenses | $15,707 |
| Total expenses | $85,078 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $424,869 |
| Other assets | $0 |
| Total assets | $430,624 |
| Total liabilities | $101,300 |
| Net assets or fund balances | $329,324 |