Lucky Fifty Club is located in Aurora, IL. The organization was established in 1955. 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. Lucky Fifty Club 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, Lucky Fifty Club generated $116.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $129.7k during the year ending 12/2023. While expenses have increased by 4.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
PROVIDE FISHING ACCOMADATIONS FOR CLUB MEMBERS. OLDER MEMBERS PROVIDE INSTRUCTIONS ON THE ART OF FISHING.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Perry Bombard President | 10 | $0 | |
Mathew Howard Vice President | 5 | $0 | |
James P Schmidt Sr Treasurer | 10 | $0 | |
Jason Coyne Secretary | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,150 |
| Total Program Service Revenue | $0 |
| Membership dues | $105,092 |
| Investment income | $2,512 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $7,200 |
| Total Revenue | $115,954 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $88,273 |
| Salaries, other compensation, and employee benefits | $1,400 |
| Professional fees and other payments to independent contractors | $315 |
| Occupancy, rent, utilities, and maintenance | $23,221 |
| Printing, publications, postage, and shipping | $15,666 |
| Other expenses | $830 |
| Total expenses | $129,705 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $169,056 |
| Other assets | $0 |
| Total assets | $169,056 |
| Total liabilities | $0 |
| Net assets or fund balances | $169,056 |