Columbus Club Of New Bern Inc
- Assets
- $271.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Bern, NC
- Founding
- 07/1982
- EIN
- 58-1453822
Organization Overview
Columbus Club Of New Bern Inc is located in New Bern, NC. The organization was established in 1982. 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. Columbus Club Of New Bern Inc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending undefined, Columbus Club Of New Bern Inc generated $38.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $58.9k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 7 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
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO HOLD TITLE TO PROPERTY, COLLECTING INCOME FROM SUCH PROPERTY, AND TURNING OVER THE ENTIRE AMOUNT OF SUCH INCOME, LESS EXPENSES, TO AN EXEMPT ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Hanson President | 0 | $0 | |
Gorden Barnes Secretary | 0 | $0 | |
Bill Stanton Vice-President | 0 | $0 | |
James W Kelly Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $29,700 |
| Membership dues | $0 |
| Investment income | $5,442 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,000 |
| Total Revenue | $38,103 |
| Statement of Expenses | |
|---|---|
| Total expenses | $58,941 |
| Balance Sheet | |
|---|---|
| Total assets | $271,519 |
| Total liabilities | $2,850 |
| Net assets or fund balances | $268,669 |
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