Forrester Woods Recreation Center Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 510199329 ✦ Wilmington, NC ✦ Designated as a 501(c)(7)

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Overview

What is Forrester Woods Recreation Center Inc?

Forrester Woods Recreation Center Inc is a nonprofit organization located in Wilmington, North Carolina (28403). Its primary mission is to foster the pleasure and general recreation of its members, while also providing, owning, and maintaining recreational facilities such as a swimming pool, playground, tennis courts, and a clubhouse. The center's purpose is to contribute to the community's leisure activities and wellbeing.


Official website here: www.forresterwoods.com

Is Forrester Woods Recreation Center Inc legitimate?

Forrester Woods Recreation Center Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Forrester Woods Recreation Center Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.forresterwoods.com

What is the mission statement of Forrester Woods Recreation Center Inc?

Forrester Woods Recreation Center Inc is committed to fostering the leisure and general recreation of its members. To achieve this, the organization owns, maintains, and provides various recreational facilities such as a swimming pool, playground, tennis courts, and a clubhouse. Its primary aim is to enhance the enjoyment and relaxation of its members by offering these facilities.


Official website here: www.forresterwoods.com

What is the revenue of Forrester Woods Recreation Center Inc?

Forrester Woods Recreation Center Inc's revenue in 2024 was $162,031.


Official website here: www.forresterwoods.com

Who are the executives of Forrester Woods Recreation Center Inc and what are their salaries?

There 20 volunteers at Forrester Woods Recreation Center Inc.

Here are 7 key members and their salaries:


Paras Gudka President (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Grego (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Lewis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Psaromatis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Davis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natalie Reaves (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Rogers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.forresterwoods.com

Where can I find the form 990 for Forrester Woods Recreation Center Inc?

Forrester Woods Recreation Center Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.forresterwoods.com

Learn more at the official website: www.forresterwoods.com

Mission Statement of Forrester Woods Recreation Center Inc

Forrester Woods Recreation Center Inc is dedicated to fostering the enjoyment and overall recreation of its members. As part of its mission, the organization takes responsibility for owning, maintaining, and providing a variety of recreational facilities. These facilities include a swimming pool, playground, tennis courts, and a clubhouse, catering to the diverse recreational needs of its members. The center's mission aims to promote pleasure and general recreation, ensuring its members have access to enjoyable and engaging activities.

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Impact




October, 2024

Forrester Woods Recreation Center Inc significantly enhances the community by promoting recreational activities that foster enjoyment and well-being among its members. This organization is dedicated to creating a welcoming environment where individuals and families can engage in a variety of leisure pursuits.

By providing essential facilities such as a swimming pool, playground, tennis courts, and a clubhouse, Forrester Woods offers a space for social interaction, physical activity, and community building. These amenities not only support physical fitness but also encourage a sense of belonging and connection among residents in Wilmington, NC.

The commitment to maintaining these recreational spaces ensures that members have reliable access to safe and enjoyable options for recreation. Through its focused mission, Forrester Woods Recreation Center Inc plays a vital role in enhancing the quality of life for its members, promoting both mental and physical health in the community.




This information is meant to be a general summary of Forrester Woods Recreation Center Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$162,031 (2024)
Expenses
$258,973 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $63
  • Program Service Revenue: $161,968
  • Gross Receipts: $162,031

Assets and Liabilities:

  • Total Assets: $519,865
  • Total Liabilities: $0
  • Net Assets: $519,865

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBER DUES & OTHER FEES

Revenue

$158,275

CLUBHOUSE RENTAL

Revenue

$3,693

Organization Details

Founding Year

1976

Principal Officer

Paras Gudka President

NTEE Category

Code: N31 - Recreation

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