Nonprofit · EIN 23-7118606
GLENWOOD CLUB INC
Tax-exempt · HAMMONDSPORT, NY 14840
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $77,806 | $188,704 | -$110,898 | $3,416,983 | $0 | $3,416,983 |
| May 31, 2024 | 990 | $76,752 | $181,458 | -$104,706 | $3,527,881 | $0 | $3,527,881 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $49,887
- Membership dues
- $33,150
- Program service revenue
- $0
- Investment income
- $0
- Net income from sales of inventory
- $27,919
- Other revenue
- $27,919
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $63,322
- Depreciation
- $116,386
Balance sheet and other
- Total assets, start of year
- $3,527,881
- Total assets, end of year
- $3,416,983
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,416,983
- Land, buildings and equipment
- $3,367,721
- Publicly traded securities
- $19,885
- Net assets without donor restrictions
- $3,416,983
- Gross receipts
- $130,622
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1911
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Richard Drain | President Officer | 2 | $0 |
| Paul Clark | Vice President Officer | 1 | $0 |
| David Nesbitt | Treasurer Officer | 2 | $0 |
| Rod Pedersen | Secretary Officer | 1 | $0 |
990 for the year ended May 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Richard Drain | President Officer | 2 | $0 |
| Paul Clark | Vice President Officer | 1 | $0 |
| David Nesbitt | Treasurer Officer | 2 | $0 |
| Rod Pedersen | Secretary Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 113, HAMMONDSPORT, NY 14840-0113
- Principal officer (990 for 2024)
- Richard Drain, 96 Lake Street, Hammondsport, NY 14840
- Signed the 990
- Doug Malone, Assistant Treasurer
- Phone
- (607) 425-3870
Mission
The Glenwood Club was organized in 1911 for the social interaction and camaraderie of individuals in the Hammondsport, New York community. The primary activity of the Club is to hold weekly membership dinners.
Program accomplishments
- The Primary function of the club is to foster camaraderie within the membership. This is accomplished through regular weekly dinners and gatherings held throughout the year.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Check at the IRS |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7118606
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1972
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $3,288,770
- Income (IRS master file)
- $160,273
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $77,806 | $188,704 | $3,416,983 | XML |
| 990 | May 2024 | $76,752 | $181,458 | $3,527,881 | XML |
| 990 | May 2023 | $2,081,206 | $176,489 | $3,630,987 | IRS |
| 990 | May 2022 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7118606).
Questions about GLENWOOD CLUB INC
- What is the EIN of GLENWOOD CLUB INC?
- The employer identification number (EIN) of GLENWOOD CLUB INC is 23-7118606.
- Is GLENWOOD CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1972.
- Are donations to GLENWOOD CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does GLENWOOD CLUB INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GLENWOOD CLUB INC due?
- The return for tax year 2026 (the year ending May 31, 2027) is due October 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GLENWOOD CLUB INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of GLENWOOD CLUB INC?
- The 990 for the year ended May 31, 2025 names Richard Drain.
- Who are the officers and directors of GLENWOOD CLUB INC?
- The 990 for the year ended May 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does GLENWOOD CLUB INC have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $77,806, expenses of $188,704 and total assets of $3,416,983 at year end.
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