Monroe Club Inc
- Assets
- $342.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Monroe, MI
- Founding
- 03/1963
- Data as of
- 12/2023
- EIN
- 38-1599780
Organization Overview
Monroe Club Inc is located in Monroe, MI. The organization was established in 1963. 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. Monroe Club Inc 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, Monroe Club Inc generated $23.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $31.0k 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
SOCIAL CLUB
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Leibenguth President | 10 | $0 | |
C J Horkey Vice-President | 10 | $0 | |
Jim Schubargo Secretary | 10 | $0 | |
Steve Goodman Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,509 |
| Total Program Service Revenue | $0 |
| Membership dues | $31,360 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5 |
| Total Revenue | $23,946 |
| 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 | $2,254 |
| Occupancy, rent, utilities, and maintenance | $28,756 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $31,010 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,051 |
| Other assets | $0 |
| Total assets | $342,055 |
| Total liabilities | $0 |
| Net assets or fund balances | $342,055 |