Willow Trace Swim & Tennis Club Inc is located in Hoover, AL. The organization was established in 2003. 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. Willow Trace Swim & Tennis 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 12/2022, Willow Trace Swim & Tennis Club Inc generated $188.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $173.3k during the year ending 12/2022. While expenses have increased by 8.9% per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
THE CLUB PROVIDES ACTIVITES ASSOCIATED WITH THE OPERATION AND MAINTENANCE OF SWIMMING, TENNIS AND OTHER RECREATIONAL FACILITIES FOR THE BENEFIT OF ITS MEMBERS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Purcell Sr President | 0.5 | $0 | |
Brent Boudoin Facilities | 2 | $0 | |
Elizabeth Brickman Vice Pres | 1 | $0 | |
Kristin Kubus Secretary | 2 | $0 | |
Lori Heglas Treasurer | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $188,663 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $195 |
| Total Revenue | $188,858 |
| 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 | $28,493 |
| Occupancy, rent, utilities, and maintenance | $16,228 |
| Printing, publications, postage, and shipping | $784 |
| Other expenses | $127,835 |
| Total expenses | $173,340 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,933 |
| Other assets | $0 |
| Total assets | $69,188 |
| Total liabilities | $0 |
| Net assets or fund balances | $69,188 |