Mayfield-Graves County Swim & Racquet Club Inc is located in Mayfield, KY. The organization was established in 1983. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, 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. Mayfield-Graves County Swim & Racquet Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 10/2023, Mayfield-Graves County Swim & Racquet Club Inc generated $99.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $102.3k during the year ending 10/2023. While expenses have increased by 1.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
CLUB OPERATION - OPERATION OF CLUB CONSISTING OF TWO SWIMMING POOLS AND BUILDINGS CONTAINING CONCESSION STAND, OFFICE, AND RESTROOMS FOR THE BENEFIT OF THE MEMBERS - APPROXIMATELY 199 FAMILIES
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Leah Winfrey Director | 0 | $0 | |
| Barry Winfrey Director | 0 | $0 | |
| Gary Cagle Treasurer | 1 | $0 | |
| Roy Henley Director | 0 | $0 | |
| Jennifer Abernathy Secretary | 1 | $0 | |
| Patty Riley Director | 0 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $79,955 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $19,700 | 
| Total Revenue | $99,655 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $35,552 | 
| Professional fees and other payments to independent contractors | $4,200 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $0 | 
| Other expenses | $62,576 | 
| Total expenses | $102,328 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,308 | 
| Other assets | $0 | 
| Total assets | $36,165 | 
| Total liabilities | $1,176 | 
| Net assets or fund balances | $34,989 |