Terrace Club

Organization Overview

Terrace Club is located in Winchester, VA. The organization was established in 1968. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Terrace Club employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Terrace 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, Terrace Club generated $76.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $119.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3

SCHOLARSHIPS


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Membership dues$6,093
Investment income $0
Gain or Loss$0
Net Income from Gaming & Fundraising$37,581
Other Revenue$0
Total Revenue$76,450

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