Town And Country Recreation Center Inc is located in Louisburg, NC. The organization was established in 1969. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, 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. Town And Country Recreation Center Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2023, Town And Country Recreation Center Inc generated $86.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $78.0k during the year ending 09/2023. 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
MEMBERSHIP BASED SWIMMING POOL
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wilson K Mize President | 2 | $0 | |
Betty Lynn Wester Vice President | 1 | $0 | |
Leslie Jones Secretary | 2 | $0 | |
Debra B Poleo Treasurer | 3 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $78,700 |
| Investment income | $378 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $7,509 |
| Total Revenue | $86,587 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $26,543 |
| Professional fees and other payments to independent contractors | $3,600 |
| Occupancy, rent, utilities, and maintenance | $13,646 |
| Printing, publications, postage, and shipping | $676 |
| Other expenses | $33,572 |
| Total expenses | $78,037 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,674 |
| Other assets | $0 |
| Total assets | $358,644 |
| Total liabilities | $83,016 |
| Net assets or fund balances | $275,628 |