Former Texas Rangers Assn Inc
- Assets
- $58.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fredericksburg, TX
- Founding
- 10/1951
- Data as of
- 12/2021
- EIN
- 74-6062234
Organization Overview
Former Texas Rangers Assn Inc is located in Fredericksburg, TX. The organization was established in 1951. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Former Texas Rangers Assn Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Former Texas Rangers Assn Inc generated $53.7k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $51.7k during the year ending 12/2021. While expenses have increased by 2.5% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lance D Coleman President & Chairman | 10 | $0 | |
A Lane Akin 1st Vice President | 5 | $0 | |
Alvin Schmidt 2nd Vice President | 5 | $0 | |
Hr Block 3rd Vice President | 5 | $0 | |
Jeanne Wallace Secretary | 28 | $24,217 | |
Joe B Davis Treasurer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,738 |
| Total Program Service Revenue | $26,688 |
| Membership dues | $19,020 |
| Investment income | $18 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $87 |
| Other Revenue | $0 |
| Total Revenue | $53,731 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $26,069 |
| Professional fees and other payments to independent contractors | $125 |
| Occupancy, rent, utilities, and maintenance | $17,000 |
| Printing, publications, postage, and shipping | $1,982 |
| Other expenses | $6,499 |
| Total expenses | $51,675 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,874 |
| Other assets | $0 |
| Total assets | $58,742 |
| Total liabilities | $4,516 |
| Net assets or fund balances | $54,226 |