Indian Village Tennis Club
- Assets
- $374.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 11/1961
- Data as of
- 12/2023
- EIN
- 38-0677390
Organization Overview
Indian Village Tennis Club is located in Detroit, MI. The organization was established in 1961. According to its NTEE Classification (N66) the organization is classified as: Racquet 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. Indian Village Tennis 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, Indian Village Tennis Club generated $132.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $98.6k during the year ending 12/2023. While expenses have increased by 13.6% per year over the past 5 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
PROVISION OF TENNIS AND SOCIAL ACTIVITIES FOR CLUB MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marc Matthews President | 30 | $0 | |
Maribeth Saylor Vice President | 10 | $0 | |
Stece Clarren Treasurer | 30 | $0 | |
Mary Beth Vander Schaaf Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $115,139 |
| Investment income | $5,419 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $132,834 |
| 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 | $18,125 |
| Occupancy, rent, utilities, and maintenance | $66,388 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,108 |
| Total expenses | $98,621 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $186,513 |
| Other assets | $0 |
| Total assets | $373,966 |
| Total liabilities | $126,952 |
| Net assets or fund balances | $247,014 |