United States Tennis Association Inc is located in Traverse City, MI. The organization was established in 1977. 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 a subordinate organization within an affiliated group for tax-exemption purposes. United States Tennis Association Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, United States Tennis Association Inc generated $66.8k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $61.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ruth Smith Immediate Past President | 1 | $0 | |
Sue Smith President | 5 | $0 | |
Karrie Waskerwitz Secretary Treasurer | 5 | $0 | |
Deb Cook Vice President | 5 | $0 | |
Lizette Bondy Vice President | 5 | $0 | |
Lisa Newhouse Delegate | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $25,554 |
Total Program Service Revenue | $41,266 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $66,820 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $23,888 |
Professional fees and other payments to independent contractors | $5,286 |
Occupancy, rent, utilities, and maintenance | $600 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $31,288 |
Total expenses | $61,062 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $47,099 |
Other assets | $0 |
Total assets | $47,631 |
Total liabilities | $2,318 |
Net assets or fund balances | $45,313 |