Gold Club Of Virginia Inc is located in Blacksburg, VA. 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. Gold Club Of Virginia 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, Gold Club Of Virginia Inc generated $128.4k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 28.4% each year . All expenses for the organization totaled $130.4k during the year ending 12/2023. While expenses have increased by 35.8% per year over the past 2 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
THE GOLD CLUB OF VIRGINIA IS AN ORGANIZATION THAT PROMOTES AND EDUCATES THEIR CULTURE TO MEMBERS WHO ARE ATTENDING VIRGINIA TECH UNIVERSITY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Davis President | 20 | $0 | |
Luke Dunlop Director | 20 | $0 | |
Michael Tobio Director | 20 | $0 | |
Jacob Press Director | 20 | $0 | |
Drew Di Matteo Director | 20 | $0 | |
Will Hornbeck Director | 20 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,800 |
| Total Program Service Revenue | $0 |
| Membership dues | $126,615 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $128,415 |
| 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 | $472 |
| Occupancy, rent, utilities, and maintenance | $8,400 |
| Printing, publications, postage, and shipping | $51 |
| Other expenses | $121,501 |
| Total expenses | $130,424 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $538 |
| Other assets | $0 |
| Total assets | $5,185 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,185 |