Laurel Senior Friendship Club Incorporated
- Assets
- $99.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Laurel, MD
- Founding
- 01/1983
- Data as of
- 12/2020
- EIN
- 52-1270752
Organization Overview
Laurel Senior Friendship Club Incorporated is located in Laurel, MD. The organization was established in 1983. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laurel Senior Friendship Club Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Laurel Senior Friendship Club Incorporated generated $11.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (24.5%) each year. All expenses for the organization totaled $6.9k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (28.6%) per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
ACTIVITIES AND EDUCATION FOR SENIORS
ACTIVITIES AND EDUCATION FOR SENIORS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Mayhugh President | 10 | $0 | |
Barbara Dorney VP | 10 | $0 | |
Beth A Varnau VP | 10 | $0 | |
Gail Johnson Treasurer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $65 |
| Total Program Service Revenue | $0 |
| Membership dues | $615 |
| Investment income | $9,000 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,462 |
| Other Revenue | $0 |
| Total Revenue | $11,142 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,936 |
| Other expenses | $5,012 |
| Total expenses | $6,948 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $99,582 |
| Other assets | $0 |
| Total assets | $99,582 |
| Total liabilities | $0 |
| Net assets or fund balances | $99,582 |
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