Employee Activity Association INC

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Employees'social club provides access to social and recreational facilities. Benefits are funded by membership dues and profits,if any,from the operation of members retail store.

501(c)(4) social-welfare organization; gifts are not tax-deductible as charitable contributions.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

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FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $32K a year · 3% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
1 mo
of spending, in cash
Fine: 1.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$510K
59% of total assets
Fine: liabilities are 59% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.2M
+2% vs prior year
Spent
$1.2M
To programs
0%
Net assets
$359K
By yearFY2020–FY2024
Revenue
$1.2M
FY2024▲ +2%
Tap a bar for its year
Revenue by fiscal year
FY2020$632K
FY2021$1.0M
FY2022$1.2M
FY2023$1.2M
FY2024$1.2M
Expenses
$1.2M
FY2024▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2020$766K
FY2021$898K
FY2022$1.1M
FY2023$1.2M
FY2024$1.2M
Net assets
$359K
FY2024▼ -6%
Tap a bar for its year
Net assets by fiscal year
FY2020$68K
FY2021$217K
FY2022$370K
FY2023$381K
FY2024$359K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1967.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Management & general 100% · $1.2M

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

2 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Executive Dir.
$0Pt VII · Sec A
See Employee Activity Association INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers social and recreational facilities funded by member dues and store profits.

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1 program · in their own filed words · FY2024
01

Employees'social club provides access to social and recreational facilities. Benefits are funded by membership dues and profits, if any, from the operation of members retail store.

Pt IX · col B

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Other incomeLn 4–11$1.2M
Fees for servicesLn 2g$14K
Investment incomeLn 3$12K
Money outPt IX
$1.2M
Ln 25
Managementcol C$1.2M
Owns and owesPt X
$359K
net assets · Ln 32
Cash and savingsLn 1–2$132K
Total assetsLn 16$869K
LiabilitiesLn 26$510K
PeoplePt VI, VII
2
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$14K
Investment incomeLn 3$12K
Other incomeLn 4–11$1.2M
Gains on assetsLn 7$0
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
CashLn 1$132K
SavingsLn 2$0
Cash and savings togetherLn 1–2$132K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$869K
LiabilitiesLn 26$510K
Net assetsLn 32$359K
OperationsPt I, VI
EmployeesI 515
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$156K$132K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$886K$869K
LiabilitiesLn 26$505K$510K
Net assetsLn 32$381K$359K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$117K$117K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$569K$569K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$5K$5K
Payroll taxesLn 10$57K$57K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$87K$87K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$42K$42K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$31K$31K
TravelLn 17$32K$32K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$114K$114K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$30K$30K
Other expenses (24a–d)Ln 24$104K$104K
All other expensesLn 24e$23K$23K
Total functional expensesLn 25$1.2M$0$1.2M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.2M$1.2M−$21K$359K 990 PDF
FY2023 $1.2M$1.2M$11K$381K 990 PDF
FY2022 $1.2M$1.1M$153K$370K 990 PDF
FY2021 $1.0M$898K$149K$217K 990 PDF
FY2020 $632K$766K−$134K$68K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $1,189,172 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $14,779$13,544
I-10 Investment incomePrior year −$1,991$11,558
I-11 Other revenuePrior year $1,151,627$1,164,070
I-12 Total revenuePrior year $1,164,415$1,189,172
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $683,232$747,293
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $470,048$463,192
I-18 Total expensesPrior year $1,153,280$1,210,485
I-19 Revenue less expensesPrior year $11,135−$21,313
Part VI · Governance 10 of 10 board members independent, 2 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,189,172 across 9 lines filed
Lines not itemized here account for $1,431,350 of total revenue; see the IRS return.
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $13,544$13,544
VIII-3 Investment incomeRelated to mission $11,558$11,558
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Unrelated business −$267,280−$267,280
VIII-12 Total revenueRelated to mission $25,102 · Unrelated business $1,164,070$1,189,172
Part IX · Statement of functional expenses $1,210,485 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffManagement $116,622$116,622
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesManagement $568,505$568,505
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsManagement $5,340$5,340
IX-10 Payroll taxesManagement $56,826$56,826
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $86,959$86,959
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $42,309$42,309
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyManagement $31,137$31,137
IX-17 TravelManagement $31,631$31,631
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestManagement $113,607$113,607
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $30,158$30,158
IX-24 Other expenses (24a–d)Management $104,412$104,412
IX-24e All other expensesManagement $22,979$22,979
IX-25 Total functional expensesPrograms $0 · Management $1,210,485 · Fundraising $0$1,210,485
Part X · Balance sheet $869,488 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $155,603$131,876
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or useStart of year $405,134$371,924
X-9 Prepaid expenses and deferred chargesStart of year $325,194$365,688
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $885,931$869,488
X-17 Accounts payable and accrued expensesStart of year $500,018$504,886
X-25 Other liabilitiesStart of year $5,145$5,147
X-26 Total liabilitiesStart of year $505,163$510,033
X-32 Total net assets or fund balancesStart of year $380,768$359,455
X-33 Total liabilities and net assetsStart of year $885,931$869,488
Part XI · Reconciliation of net assets $359,455 net assets at year end
XI-1 Total revenue$1,189,172
XI-2 Total expenses$1,210,485
XI-3 Revenue less expenses−$21,313
XI-4 Net assets at start of year$380,768
XI-10 Net assets at end of year$359,455

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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