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Nonprofit · EIN 56-0813166

GREEN VALLEY PARK INC

Tax-exempt · GREENSBORO, NC 27404

Financials

$500K$494K2023$591K$559K2024
Revenue Expenses · by fiscal year end
Financials of GREEN VALLEY PARK INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$590,892$559,289$31,603$764,934$294,867$470,067
December 31, 2023990$500,022$493,539$6,483$654,117$215,653$438,464
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$577,804
Investment income
$13,088
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$83,405
Salaries, compensation and benefits (total)
$91,693
Professional fundraising fees
$0
Accounting fees
$2,672
Depreciation
$38,732
Program services (functional)
$496,370
Management and general (functional)
$62,919

Balance sheet and other

Total assets, start of year
$654,117
Total assets, end of year
$764,934
Total liabilities, end of year
$294,867
Net assets, end of year
$470,067
Land, buildings and equipment
$359,019
Gross receipts
$590,892
Employees
21
Volunteers
120
Year formed
1964
State of legal domicile
NC

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
LEO FREITASPRESIDENT
Trustee or director, Officer
2$0
ALISON PETERSVICE-PRES/SEC.
Trustee or director, Officer
2$0
BROOKS McCLUSKEYTREASURER
Trustee or director, Officer
2$0
TONY CASTILLOTENNIS/PICKLEBALL
Trustee or director
2$0
THEA DELORETOSWIM TEAM REP.
Trustee or director
2$0
EMILY THOMPSONSPONSORSHIPS COORD.
Trustee or director
2$0
KEVIN SHOFFNERAT LARGE
Trustee or director
2$0
ROBERT DUNNAT LARGE
Trustee or director
2$0
HOWARD STIMPSONAT LARGE
Trustee or director
2$0
ALYSON WYCHEAT LARGE
Trustee or director
2$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
LEO FREITASPRESIDENT
Trustee or director, Officer
2$0
ALLISON PETERSVICE-PRESIDENT/SEC
Trustee or director, Officer
2$0
BROOKS McCLUSKEYTREASURER
Trustee or director, Officer
2$0
TONY CASTILLOTENNIS/PICKLEBALL
Trustee or director
2$0
THEA DELORETOSWIM TEAM REP.
Trustee or director
2$0
EMILY THOMPSONSPONSORSHIPS COORD.
Trustee or director
2$0
KEVIN SHOFFNERAT LARGE
Trustee or director
2$0
ROBERT DUNNAT LARGE
Trustee or director
2$0
HOWARD STIMPSONAT LARGE
Trustee or director
2$0
ALYSON WYCHEAT LARGE
Trustee or director
2$0

Address and contacts

Address (IRS master file)
PO BOX 10284, GREENSBORO, NC 27404-0284
Principal officer (990 for 2024)
BROOKS A McCLUSKEY, 2815 RUTHERFORD DR, GREENSBORO, NC 27408
Signed the 990
BROOKS McCLUSKEY, TREASURER
Phone
(336) 292-3780
Return prepared by
KEITH A PEARSON CPA PC

Mission

TO PROVIDE RECREATIONAL AND COMPETITIVE SWIMMING AND TENNIS OPPORTUNITIES AND SOCIAL ACTIVITIES FOR CLUB MEMBERS AND THEIR GUESTS.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDED POOL AND TENNIS FACILITIES FOR RECREATIONAL AND SOCIAL ACTIVITIES FOR APROIMATELY 680 FAMILY, SINGLE, SENIOR AND TENNIS MEMBERS AND THEIR FAMILIES.
  • PROVIDED SWIM LESSONS AND CLINICS. PROVIDED THE OPPORTUNITY FOR APPROXIMATELY 208 CHILDREN TO PARTICIPATE ON THE CLUB SWIM TEAM.
  • PROVIDED TENNIS LESSONS AND CLINICS AND OPPORTUNITIES FOR YOUTH AND ADULTS TO PARTICIPATE IN RECREATIONAL AND COMPETITIVE TENNIS EVENTS.

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
56-0813166
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1977
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$764,934
Income (IRS master file)
$590,892

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$590,892$559,289$764,934IRS
990December 2023$500,022$493,539$654,117XML
990December 2022$459,839$451,466$661,147IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 56-0813166).

Questions about GREEN VALLEY PARK INC

What is the EIN of GREEN VALLEY PARK INC?
The employer identification number (EIN) of GREEN VALLEY PARK INC is 56-0813166.
Is GREEN VALLEY PARK INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1977.
Are donations to GREEN VALLEY PARK INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does GREEN VALLEY PARK 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 GREEN VALLEY PARK INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GREEN VALLEY PARK INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GREEN VALLEY PARK INC?
The 990 for the year ended December 31, 2024 names BROOKS A McCLUSKEY.
Who are the officers and directors of GREEN VALLEY PARK INC?
The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
How much revenue does GREEN VALLEY PARK INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $590,892, expenses of $559,289 and total assets of $764,934 at year end.

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