Twin Oaks Club
- Assets
- $125.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Quincy, IL
- Founding
- 12/1948
- Data as of
- 12/2021
- EIN
- 37-0557741
Organization Overview
Twin Oaks Club is located in Quincy, IL. The organization was established in 1948. 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. Twin Oaks Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Twin Oaks Club generated $138.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $123.0k during the year ending 12/2021. While expenses have increased by 7.7% 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
2021
Describe the Organization's Program Activity:
Part 3
SOCIAL CLUB
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Toland 1st VP | 0 | $0 | |
Leon Meyer 2nd VP | 0 | $0 | |
Lisa Masten Secretary | 0 | $0 | |
Diane Hesse-Blickhan Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,505 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,047 |
| Other Revenue | $32,756 |
| Total Revenue | $138,128 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $54,414 |
| Professional fees and other payments to independent contractors | $490 |
| Occupancy, rent, utilities, and maintenance | $11,626 |
| Printing, publications, postage, and shipping | $2,042 |
| Other expenses | $54,477 |
| Total expenses | $123,049 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,414 |
| Other assets | $0 |
| Total assets | $125,719 |
| Total liabilities | $0 |
| Net assets or fund balances | $125,719 |
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