The Fair Trade Cigar Club
- Assets
- $8.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mentor, OH
- Founding
- 04/2018
- Data as of
- 12/2022
- EIN
- 46-3374948
Organization Overview
The Fair Trade Cigar Club is located in Mentor, OH. The organization was established in 2018. 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. Fair Trade Cigar Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Fair Trade Cigar Club generated $20.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $16.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 5 years. 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROMOTE THE APPRECIATION OF FINE CIGARS AND PROVIDE A VENUE FOR THE SMOKING OF CIGARS IN THE CLUB FACILITY WHICH SHALL NOT BE OPEN TO THE PUBLIC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Sutt President | 0 | $0 | |
John Pace Vice President | 0 | $0 | |
Tim Nekic Sgt Of Arms | 0 | $0 | |
Bill Kuret Secretary | 0 | $0 | |
Val Ward Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $10,885 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,007 |
| Other Revenue | $0 |
| Total Revenue | $20,892 |
| 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 | $499 |
| Occupancy, rent, utilities, and maintenance | $10,214 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,196 |
| Total expenses | $16,909 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,459 |
| Other assets | $0 |
| Total assets | $8,459 |
| Total liabilities | $377 |
| Net assets or fund balances | $8,082 |