Hyannisport Club Inc

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

EIN: 041465810 ✦ Hyannis port, MA ✦ Designated as a 501(c)(7)

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Overview

What is Hyannisport Club Inc?

Hyannisport Club Inc is a nonprofit organization dedicated to fostering athletic activities, specifically focusing on golf and tennis. Their mission is to provide these facilities for the enjoyment of their members and their guests. By encouraging and protecting athletic exercise, they aim to contribute positively to the well-being of their community. The clubhouse is an integral part of their offerings, providing a gathering place for members to socialize and engage in recreational activities.


Official website here: www.hyannisportclub.com

Is Hyannisport Club Inc legitimate?

Hyannisport Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Hyannisport 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: $516,394
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,760,136

For more financial information, click here


Official website here: www.hyannisportclub.com

What is the mission statement of Hyannisport Club Inc?

The Hyannisport Club Inc's mission is centered around promoting and protecting athletic activities, with a particular focus on golf and tennis. Their purpose is to provide these facilities, including a clubhouse, for the enjoyment of their members and their guests. The club aims to encourage and foster an atmosphere that supports athletic exercise, specifically golf, within its community.


Official website here: www.hyannisportclub.com

Who is the CEO of Hyannisport Club Inc?

Robert Solomon is the President of Hyannisport Club Inc.


Official website here: www.hyannisportclub.com

What is the revenue of Hyannisport Club Inc?

Hyannisport Club Inc's revenue in 2022 was $7,689,684.


Official website here: www.hyannisportclub.com

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

The average compensation at Hyannisport Club Inc during 2022 was $22,754. There are 144 employees and 14 volunteers at Hyannisport Club Inc.


Here are 19 key members and their salaries:


Peter Mondani (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Solomon (Vice President/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry Alverson (Finance Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Lazaras (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Berube (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Mcdonald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Britt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Groak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Curran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Shields (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Schaefer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Ragosa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Mccarthy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Hughes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Klemenz (General Manager/Coo)
  • Compensation: $250,226
  • Related: $0
  • Other: $20,747
Tom Colombo (Superintendent)
  • Compensation: $181,169
  • Related: $0
  • Other: $23,664
Michael Galvin (Clubhouse Manager)
  • Compensation: $132,783
  • Related: $0
  • Other: $6,014
Nicholas Reney (Executive Chef)
  • Compensation: $111,121
  • Related: $0
  • Other: $25,438
Walter Lankau (Controller)
  • Compensation: $110,679
  • Related: $0
  • Other: $452


Official website here: www.hyannisportclub.com

Where can I find the form 990 for Hyannisport Club Inc?

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


Official website here: www.hyannisportclub.com

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

Mission Statement of Hyannisport Club Inc

Hyannisport Club, a renowned organization, is committed to fostering and advancing athletic activities, with a particular focus on golf. Its mission extends beyond golf, encompassing tennis courts and the clubhouse, all intended for the pleasure and recreation of its members and their guests. The club aims to encourage, promote, and safeguard these sports activities, providing a conducive environment where individuals can engage in physical exercise and enjoy the camaraderie that comes with shared interests.

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Impact




October, 2024

Hyannisport Club Inc significantly contributes to the local community by fostering a vibrant environment centered around athletic exercise, particularly golf and tennis. By providing top-notch facilities, including a golf course, tennis courts, and a clubhouse, the organization enhances recreational opportunities for its members and their guests.

The club promotes health and wellness through sports, encouraging physical activity and social interaction among its members. Its commitment to protecting and nurturing the experience of athletic endeavors creates a welcoming atmosphere that not only enhances personal fitness but also strengthens community bonds. Through events and activities centered around these sports, Hyannisport Club Inc plays a vital role in the recreational landscape of Hyannis Port, enriching the lives of those who participate and promoting a culture of active living.




This information is meant to be a general summary of Hyannisport 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
$7,689,684 (2022)
Expenses
$6,811,854 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $28,612
  • Program Service Revenue: $5,425,660
  • Gross Receipts: $8,372,021

Assets and Liabilities:

  • Total Assets: $14,667,348
  • Total Liabilities: $3,040,413
  • Net Assets: $11,626,935

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Programs

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

MEMBERSHIP DUES

Revenue

$4,340,070

CAPITAL ASSESSMENT

Revenue

$630,000

INITIATION FEES

Revenue

$455,590

Organization Details

Founding Year

1909

Principal Officer

Robert Solomon

Main Address

2 IRVING AVENUE, HYANNIS PORT, MA, 02647

NTEE Category

Code: N50 - Recreation

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