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 |