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Nonprofit · EIN 54-0787906

TERRACE CLUB

Tax-exempt · WINCHESTER, VA 22601

Financials

$132K$118K2023$115K$118K2024$96K$122K2025
Revenue Expenses · by fiscal year end
Financials of TERRACE CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$96,440$122,491-$26,051$166,924$957$165,967
December 31, 2024990-EZ$114,772$118,261-$3,489$193,642$1,624$192,018
December 31, 2023990-EZ$131,623$117,758$13,865$197,667$2,447$195,220
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Membership dues
$4,120
Net income from fundraising events
$62,161
Net income from sales of inventory
$30,159

Expenses

Grants and similar amounts paid
$12,000
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$50,295
Professional fees and payments to contractors
$3,210
Occupancy
$49,932
Other expenses
$7,054

Balance sheet and other

Total assets, start of year
$193,642
Total assets, end of year
$166,924
Total liabilities, end of year
$957
Net assets, end of year
$165,967
Cash, savings and investments
$164,424
Gross receipts
$118,114

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-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
CHARLES S CLARKPRESIDENT0$0
PUNKY GOLIGHTLYVICE-PRESIDENT0$0
FRANK HAINESSECRETARY0$0
KELLY FLETCHERTREASURER0$0
TUFFY WHITACREMEMBER AT LARGE0$0
SAMMY CARTERMEMBER AT LARGE0$0
DANIEL KELLYMEMBER-AT-LARGE0$0
JASON BRILLMEMBER-AT-LARGE0$0
990-EZ for the year ended December 31, 2024: 8 people
NameTitleHours / weekCompensation
CHARLES S CLARKPRESIDENT0$0
RANDY KELLYVICE-PRESIDENT0$0
FRANK HAINESSECRETARY0$0
KELLY FLETCHERTREASURER0$0
RICHIE FLETCHERMANAGER0$0
TUFFY WHITACREMEMBER AT LARGE0$0
AL LINEBURGMEMBER AT LARGE0$0
SAMMY CARTERMEMBER AT LARGE0$0
990-EZ for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
CHARLES S CLARKPRESIDENT0$0
BILL STINSONVICE-PRESIDENT0$0
RANDY A MONTONEYTREASURER0$0
SUSAN MONTONEYMEMBER AT LARGE0$0
MIKE BENNETTMEMBER AT LARGE0$0
FRANK HAINESMEMBER AT LARGE0$0
DONNIE STUMPSECRETARY0$0

Address and contacts

Address (IRS master file)
2215 VALOR DR, WINCHESTER, VA 22601-6110
In care of
% CHARLES S CLARK
Signed the 990-EZ
CHARLES S CLARK, PRESIDENT
Phone
(540) 327-3758
Return prepared by
Sites & Associates Inc

Mission

LITERARY CLUB

990-EZ for the year ended December 31, 2025

Program accomplishments

  • SCHOLARSHIPS
    grants $9,000

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
54-0787906
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1968
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$166,924
Income (IRS master file)
$118,114

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$96,440$122,491$166,924XML
990-EZDecember 2024$114,772$118,261$193,642XML
990-EZDecember 2023$131,623$117,758$197,667XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990-EZDecember 2018–––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 54-0787906).

Questions about TERRACE CLUB

What is the EIN of TERRACE CLUB?
The employer identification number (EIN) of TERRACE CLUB is 54-0787906.
Is TERRACE CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1968.
Are donations to TERRACE CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does TERRACE CLUB 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 TERRACE CLUB due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TERRACE CLUB last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of TERRACE CLUB?
The 990-EZ for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does TERRACE CLUB have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $96,440, expenses of $122,491 and total assets of $166,924 at year end.

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