Tropic Grove Recreation Center Inc
- Assets
- $97.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Vero Beach, FL
- Founding
- 02/1977
- Data as of
- 12/2023
- EIN
- 59-1708231
Organization Overview
Tropic Grove Recreation Center Inc is located in Vero Beach, FL. The organization was established in 1977. 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. Tropic Grove 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 12/2023, Tropic Grove Recreation Center Inc generated $66.0k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $48.3k during the year ending 12/2023. 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
RECREATION CLUBTO TROPIC GROVE INC AND TROPIC GROVE VILLAS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin Riccio President | 2 | $0 | |
Rhea Mckenna Vice Preside | 2 | $0 | |
Janet Zeilger Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $64,474 |
| Investment income | $1,398 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $120 |
| Total Revenue | $65,992 |
| 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 | $10,330 |
| Occupancy, rent, utilities, and maintenance | $1,847 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $36,126 |
| Total expenses | $48,303 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $87,081 |
| Other assets | $0 |
| Total assets | $97,601 |
| Total liabilities | $438 |
| Net assets or fund balances | $97,163 |