Penthouse Greens Recreation Association Inc
- Assets
- $23.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Largo, FL
- Founding
- 02/1979
- Data as of
- 12/2023
- EIN
- 59-1514900
Organization Overview
Penthouse Greens Recreation Association Inc is located in Largo, FL. The organization was established in 1979. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, 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. Penthouse Greens Recreation Association Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Penthouse Greens Recreation Association Inc generated $70.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $66.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Bouderau President | 10 | $0 | |
William Hugh Treasurer | 10 | $0 | |
Susan Mcdermott Vice President | 4 | $0 | |
Carole Cronin Secretary | 4 | $0 | |
Marie Berilla Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $69,994 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $69,994 |
| 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 | $66,071 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $66,071 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,910 |
| Other assets | $0 |
| Total assets | $23,910 |
| Total liabilities | $0 |
| Net assets or fund balances | $23,910 |