Royal Palms Employee Fund is located in Largo, FL.
For the year ending 12/2023, Royal Palms Employee Fund generated $85.6k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $92.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 3 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
2023
Describe the Organization's Program Activity:
Part 3
ROYAL PALMS APPRECIATION FUND MISSION IS TO PROVIDE GIFTS TO THE EMPLOYEES THROUGH SOLICITATION OF RESIDENT CONTRIBUTIONS. THE ORGANIZATION PROVIDED GIFTS TO 72 EMPLOYEES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alison North President | 3 | $0 | |
Marilyn K Hall Vice President/treasurer | 4 | $0 | |
Raymond Brennan Secretary | 2 | $0 | |
Mary Havranek Chairman Entertainment | 2 | $0 | |
James Mecklenburger Chairman Food | 3 | $0 | |
Bruce Peller Chairman Safety | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $85,631 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $85,631 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $92,325 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $92,325 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,718 |
| Other assets | $0 |
| Total assets | $4,718 |
| Total liabilities | $0 |
| Net assets or fund balances | $4,718 |