Ingalls Park Athletic Club
- Assets
- $171.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Joliet, IL
- Founding
- Data as of
- 12/2021
- EIN
- 36-2336026
Organization Overview
Ingalls Park Athletic Club is located in Joliet, IL.
For the year ending 12/2021, Ingalls Park Athletic Club generated $50.0k 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 (11.3%) each year. All expenses for the organization totaled $69.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 5 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
2021
Describe the Organization's Program Activity:
Part 3
THE OBJECT OF THIS CLUB IS THE PROMOTION OF SOCIAL ENTERTAINMENT, ATHLETICS, TO ASSIST IN CIVIL AFFAIRS, AND TO BE OF USEFUL SERVICE TO THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phil Pfingson Sr Trustee | 0 | $0 | |
Kirk Kelly Trustee | 0 | $0 | |
Wally Mckay Vice President | 0 | $0 | |
David Papesh President | 0 | $0 | |
Tim Farrell Secretary | 0 | $0 | |
Jay Szepelak Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,301 |
| Total Program Service Revenue | $18,893 |
| Membership dues | $7,345 |
| Investment income | $45 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$10,068 |
| Other Revenue | $0 |
| Total Revenue | $50,023 |
| 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 | $1,450 |
| Occupancy, rent, utilities, and maintenance | $27,233 |
| Printing, publications, postage, and shipping | $28 |
| Other expenses | $40,492 |
| Total expenses | $69,203 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $171,847 |
| Other assets | $0 |
| Total assets | $171,847 |
| Total liabilities | $1,304 |
| Net assets or fund balances | $170,543 |
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