Filipino-American Community Club Of Monterey Peninsula
- Assets
- $334.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marina, CA
- Founding
- 04/1985
- Data as of
- 12/2021
- EIN
- 94-2826654
Organization Overview
Filipino-American Community Club Of Monterey Peninsula is located in Marina, CA. The organization was established in 1985. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Filipino-American Community Club Of Monterey Peninsula 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, Filipino-American Community Club Of Monterey Peninsula generated $12.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (36.5%) each year. All expenses for the organization totaled $6.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (44.4%) per year over the past 6 years. 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
2021
Describe the Organization's Program Activity:
Part 3
2017: SCHOLARSHIP AWARDS GIVEN TO MEMBER'S GRADUATIBG HIGH SCHOOL STUDENTS, CHARITABLE CONTRIBUTIONS TO LOCAL CHARITABLE ORGANIZATIONS, EDUCATIONAL CULTURAL PERFORMANCE DURING CIVIC EVENTS AROUD THE MONTEREY COUNTY SERVICE AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Violeta Reyes President | 7 | $0 | |
Diosa Marquez Auditor | 1 | $0 | |
Ludy Panganiban Vice President | 1 | $0 | |
Emerson Reyes Treasurer | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,200 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,300 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $12,500 |
| 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 | $2,000 |
| Occupancy, rent, utilities, and maintenance | $3,000 |
| Printing, publications, postage, and shipping | $1,000 |
| Other expenses | $0 |
| Total expenses | $6,000 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $200,000 |
| Other assets | $0 |
| Total assets | $334,500 |
| Total liabilities | $0 |
| Net assets or fund balances | $334,500 |
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