The Tampa Club - Downtown Inc
- Assets
- $1.0m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 113
- Location
- Tampa, FL
- Founding
- 01/1983
- Data as of
- 12/2017
- EIN
- 59-2134787
Organization Overview
The Tampa Club - Downtown Inc is located in Tampa, FL. The organization was established in 1983. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2017, Tampa Club - Downtown Inc employed 113 individuals. Tampa Club - Downtown Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2017, Tampa Club - Downtown Inc generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2017. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
NONPROFIT SOCIAL CLUB OPERATED FOR THE ENJOYMENT AND AMUSEMENT OF ITS MEMBERS AND THEIR GUESTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD AND BEVERAGE SERVICES IN A SOCIAL SETTING FOR MEMBERS AND THEIR GUESTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Licata President | OfficerTrustee | 1 | $0 |
Kathleen Wade Past President | OfficerTrustee | 1 | $0 |
Scott Stigall President Elect | OfficerTrustee | 1 | $0 |
Sandra Callahan Treasurer | OfficerTrustee | 1 | $0 |
Kathleen Belmonte Secretary | OfficerTrustee | 1 | $0 |
Robie Addams Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,394,977 |
| Investment income | $98 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $339,305 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,734,380 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $64,510 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $227,842 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $6,423 |
| Other employee benefits | $137,820 |
| Payroll taxes | $22,267 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,564 |
| Fees for services: Accounting | $5,175 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $64,941 |
| Advertising and promotion | $42,561 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $763,447 |
| Travel | $182 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $23,146 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $126,839 |
| Insurance | $33,000 |
| All other expenses | $142,016 |
| Total functional expenses | $1,965,516 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,475 |
| Savings and temporary cash investments | $19,126 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $325,015 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $79,175 |
| Prepaid expenses and deferred charges | $37,103 |
| Net Land, buildings, and equipment | $519,993 |
| Investments—publicly traded securities | $4,029 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $4,540 |
| Other assets | $2,938 |
| Total assets | $1,019,394 |
| Accounts payable and accrued expenses | $485,568 |
| Grants payable | $0 |
| Deferred revenue | $159,389 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $418,961 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $31,500 |
| Total liabilities | $1,095,418 |
| Unrestricted restricted net Assets | -$76,024 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | -$76,024 |