The Beach Club Inc

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

EIN: 041070825 ✦ Swampscott, MA ✦ Designated as a 501(c)(7)

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Overview

What is The Beach Club Inc?

The Beach Club Inc, located in Swampscott, Massachusetts, is a nonprofit organization dedicated to offering social and recreational activities for its members and their families. Established in the region, the organization provides access to a tennis facility, pool, and conducts lessons and various activities, such as tournaments. The Beach Club Inc also hosts a range of social events throughout the year, ensuring its members and guests enjoy a diverse array of experiences. In addition to these amenities, food services are available to its members through an outside vendor.


Official website here: www.thebeachclub1928.org

Is The Beach Club Inc legitimate?

The Beach Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. The Beach Club 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: $313,678

For more financial information, click here


Official website here: www.thebeachclub1928.org

What is the mission statement of The Beach Club Inc?

The Beach Club Inc, established with the primary objective, is organized to offer social and recreational activities for its members and their families. It provides access to a swimming pool and tennis courts, alongside conducting swimming and tennis lessons, tournaments, and hosting various social events. The organization's mission is to enrich the lives of its members by offering engaging activities and fostering a sense of community. Additionally, The Beach Club Inc makes lessons and other activities, including tournaments, available to its members, and hosts social events throughout the year. Food services are accessible to members and their guests through an outside vendor.


Official website here: www.thebeachclub1928.org

Who is the CEO of The Beach Club Inc?

Thomas Groom is the President of The Beach Club Inc.


Official website here: www.thebeachclub1928.org

What is the revenue of The Beach Club Inc?

The Beach Club Inc's revenue in 2022 was $907,145.


Official website here: www.thebeachclub1928.org

Who are the executives of The Beach Club Inc and what are their salaries?

The average compensation at The Beach Club Inc during 2022 was $5,317. There are 59 employees and 11 volunteers at The Beach Club Inc.


Here are 11 key members and their salaries:


Thomas Groom (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Gyllenborg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Honan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy Fasciano (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Roddy (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Bishop (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elissa Ronan (Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eleanor Sachs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Fuller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Scogland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thebeachclub1928.org

Where can I find the form 990 for The Beach Club Inc?

The Beach Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thebeachclub1928.org

Learn more at the official website: www.thebeachclub1928.org

Mission Statement of The Beach Club Inc

The Beach Club Inc, an organization, was established with the primary objective of providing social and recreational activities for its members and their families. Its mission is geared towards offering various forms of entertainment, such as swimming and tennis lessons, tournaments, and numerous social events. The club was formed with the intention of offering its members and families access to a pool and tennis courts, thereby providing an avenue for leisure and engagement. Beyond these, The Beach Club Inc hosts a variety of social events throughout the year, catering to the interests of its members and their guests. Additionally, the organization provides food services to its members through an external vendor, further enhancing the overall recreational experience. In essence, The Beach Club Inc serves as a hub for social and recreational activities, offering its members an array of engaging opportunities.

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Impact




October, 2024

The Beach Club Inc plays a vital role in fostering community engagement and enhancing the quality of life for its members and families in Swampscott, Massachusetts. By offering a variety of organized social and recreational activities, it creates a welcoming environment that encourages interpersonal connections and healthy lifestyles.

Members can enjoy a range of opportunities, such as swimming and tennis lessons, tournaments, and various social events throughout the year. This access not only promotes physical fitness but also strengthens relationships among community members, bringing people together through shared interests and activities.

Additionally, the club’s facilities, including tennis courts and a pool, serve as vital hubs for recreation and leisure, contributing to the community's overall vibrancy. The provision of food services through an outside vendor further enhances the experience for members and their guests, making gatherings more enjoyable and convenient.

Overall, The Beach Club Inc significantly enriches the community by promoting well-being, socialization, and a sense of belonging among its members.




This information is meant to be a general summary of The Beach Club 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
$907,145 (2022)
Expenses
$926,381 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $808
  • Program Service Revenue: $906,631
  • Gross Receipts: $1,055,557

Assets and Liabilities:

  • Total Assets: $1,688,774
  • Total Liabilities: $663,325
  • Net Assets: $1,025,449

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Programs

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

MEMBERSHIP DUES

Revenue

$686,513

INITIATION FEES

Revenue

$128,055

GUEST FEES

Revenue

$40,012

SWIMMING & TENNIS ACTI

Revenue

$28,386

SOCIAL EVENTS

Revenue

$15,910

Organization Details

Founding Year

1928

Principal Officer

Thomas Groom

Main Address

PO BOX 222 80 SHEPARD AVE, SWAMPSCOTT, MA, 01907

NTEE Category

Code: N66 - Recreation

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