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Beverly Franco American Club Inc

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

EIN: 041087235 ✦ Beverly, MA ✦ Designated as a 501(c)(7)

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Overview

What is Beverly Franco American Club Inc?

Beverly Franco American Club Inc is a nonprofit organization that primarily focuses on providing socialization and support to local youth groups and families in need. They offer low-cost or complimentary meals and facilities for fundraising events, serving as a community gathering space, especially after funerals. The club's activities are geared towards offering assistance to the community, ensuring that they can host events and gather together in times of need. Additionally, Beverly Franco American Club Inc provides membership support, further strengthening the sense of community and camaraderie among its members.

Is Beverly Franco American Club Inc legitimate?

Beverly Franco American Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Beverly Franco American 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: $51,056

For more financial information, click here

What is the mission statement of Beverly Franco American Club Inc?

The Beverly Franco American Club Inc is committed to providing socialization opportunities for its members. Beyond this, the club extends its support to local youth groups and families in need. A significant part of its mission involves offering low or no-cost meals to the community. In addition, the club provides facilities for fundraising events and serves as a venue for post-funeral get-togethers. The club's activities are geared towards supporting its community in various ways, contributing to a stronger and more connected local network.

Who is the CEO of Beverly Franco American Club Inc?

John Hilton is the President of Beverly Franco American Club Inc.

What is the revenue of Beverly Franco American Club Inc?

Beverly Franco American Club Inc's revenue in 2022 was $290,558.

Who are the executives of Beverly Franco American Club Inc and what are their salaries?

The average compensation at Beverly Franco American Club Inc during 2022 was $12,764. There are 4 employees at Beverly Franco American Club Inc.


Here are 12 key members and their salaries:


Bob Halpern (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerri Carter (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Caron (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Carter (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Edwards (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Price (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Atherton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Caron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawn Bartlett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Gerrior (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hilton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Wong (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Beverly Franco American Club Inc?

Beverly Franco American Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Beverly Franco American Club Inc

The Beverly Franco American Club Inc is dedicated to providing a platform for socialization and offering support to local youth groups and families in need. One of their primary missions is to provide low-cost or complimentary meals to the community. Beyond food, they also offer their facilities for fundraising events, offering a space for the local community to come together and raise funds for various causes. Furthermore, the club serves as a venue for post-funeral get-togethers, providing a supportive environment for the community during challenging times. Overall, the Beverly Franco American Club Inc's mission is centered around supporting the community and fostering a sense of unity through meals, fundraising events, and post-funeral gatherings.

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Impact




October, 2024

Beverly Franco American Club Inc significantly enriches community life in Beverly, MA, by fostering social connections and providing essential support to families and youth in need. Through its commitment to offering low or no-cost meals, the club ensures that individuals and families facing economic challenges have access to nutritious food and community support.

The club serves as a vital gathering place, facilitating events that strengthen community bonds, such as fundraising activities and post-funeral gatherings. This creates a comforting environment for grieving families, allowing them to connect with others during difficult times. Additionally, by offering facilities for local events, the club helps various groups raise funds and foster community engagement.

Overall, Beverly Franco American Club Inc plays a crucial role in enhancing socialization, supporting local initiatives, and creating a nurturing atmosphere where community members can thrive together.




This information is meant to be a general summary of Beverly Franco American 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
$290,558 (2022)
Expenses
$292,741 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4
  • Program Service Revenue: $49,315
  • Gross Receipts: $481,374

Assets and Liabilities:

  • Total Assets: $299,343
  • Total Liabilities: $299,343
  • Net Assets: $0

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Programs

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

MASSACHUSETTS STATE LOTTERY

Revenue

$29,343

PARKING LOT RENTALS

Revenue

$334

HALL RENTALS

Revenue

$19,638

Organization Details

Founding Year

1934

Principal Officer

John Hilton

Main Address

44 PARK STREET, BEVERLY, MA, 01915

NTEE Category

Code: N50 - Recreation

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