Overview
What is Harvard Varsity Club Inc?
Harvard Varsity Club Inc, located at MURR CENTER, 65 NORTH HARVARD STREET, BOSTON, MA 021631012, is a dedicated nonprofit organization. Its primary mission is to uphold the traditions and values of Harvard Athletics, while promoting and advancing its interests. Over the past year, the club has accomplished significant achievements, such as hosting a sold-out golf tournament at Pine Hills Golf Club in Plymouth, MA, and honoring over 1,000 guests at the Senior Letterwiners' Dinner. Moreover, eight individuals and four national champion heavyweight crew boats were inducted into the Harvard Varsity Hall of Fame. With a team of 7 employees, the club continues to make valuable contributions to the Harvard Athletics community.
Official website here: www.harvardvarsityclub.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Three stars (84%)
The Harvard Varsity Club Inc has achieved a solid Three-Star out of Four Star rating from Charity Navigator, indicating a generally positive assessment based on its accountability and financial practices. The charity scored particularly well in areas such as having a fully independent board and a high program expense ratio, which suggests that a significant portion of its resources is directed towards its mission-driven activities.
While the organization exhibits strong financial oversight and governance, it does have some limitations. Notably, the charity is lacking key policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These omissions may raise concerns regarding transparency and ethical governance.
Overall, the Harvard Varsity Club Inc demonstrates a commitment to effective financial management and accountability, but it could enhance its credibility and trustworthiness by addressing the gaps in its policy framework.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Harvard Varsity Club Inc?
Currently, the Harvard Varsity Club Inc has not yet accumulated an official rating on Facebook, but it does have three reviews. The sentiment expressed in these reviews indicates a critical perspective on the club's environment. One reviewer mentioned a "stuffy atmosphere" and a noticeable "hint of elitism," suggesting that the culture may not be welcoming for everyone.
Though there are only a few reviews, they collectively highlight some concerns about inclusivity and the overall vibe within the organization. It appears that individuals may feel that the atmosphere could benefit from a more open and friendly demeanor.
In summary, while the small number of reviews limits the ability to draw broad conclusions, the prevailing opinion points towards a need for improvements in the club’s approach to fostering a more inviting and less elitist environment.
This AI summary has been generated from reviews found on Facebook.
Is Harvard Varsity Club Inc legitimate?
Harvard Varsity Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harvard Varsity 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: $274,463
Professional Fundraising Fees: $0
Other Salaries and Wages: $361,517
For more financial information, click here
Official website here: www.harvardvarsityclub.org
What is the mission statement of Harvard Varsity Club Inc?
The mission of Harvard Varsity Club Inc is centered around preserving the traditions, fostering the ideals, and advancing the interests of Harvard Athletics. This organization strives to uphold the rich heritage of sports at Harvard University, while also promoting its values and furthering the well-being of its athletic community. One of their significant accomplishments includes hosting a well-attended golf tournament, organizing a grand dinner for senior letterwinners, and inducting distinguished individuals and national champion crew boats into the Harvard Varsity Hall of Fame.
Official website here: www.harvardvarsityclub.org
Who is the CEO of Harvard Varsity Club Inc?
Robert Glatz is the Chairman of Harvard Varsity Club Inc.
Official website here: www.harvardvarsityclub.org
What is the revenue of Harvard Varsity Club Inc?
Harvard Varsity Club Inc's revenue in 2023 was $1,667,280.
Official website here: www.harvardvarsityclub.org
Who are the executives of Harvard Varsity Club Inc and what are their salaries?
The average compensation at Harvard Varsity Club Inc during 2023 was $90,854. There are 7 employees and 54 volunteers at Harvard Varsity Club Inc.
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- Compensation: $274,463
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- Other: $50,303
Official website here: www.harvardvarsityclub.org
Where can I find the form 990 for Harvard Varsity Club Inc?
Harvard Varsity Club Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.harvardvarsityclub.org
Learn more at the official website: www.harvardvarsityclub.org
Mission Statement of Harvard Varsity Club Inc
Harvard Varsity Club Inc, a renowned organization, is dedicated to preserving the traditions, fostering the ideals, and advancing the interests of Harvard Athletics. In essence, its mission is to uphold the rich heritage and values associated with Harvard sports, while promoting their growth and development. Through various programs and initiatives, the club seeks to honor the achievements of its alumni athletes and celebrate their contributions to Harvard's athletic legacy.
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Impact
July, 2024
Harvard Varsity Club Inc's impact can be seen in its dedication to preserving the traditions, fostering the ideals, and advancing the interests of Harvard athletics. Through initiatives such as hosting a successful golf tournament, organizing events like the Senior Letterwinners' Dinner with a large attendance, and inducting individuals and national champion heavyweight crew boats into the Harvard Varsity Hall of Fame, the club actively promotes the legacy and excellence of Harvard athletics. Their efforts contribute to the rich history and spirit of sports at Harvard University, enhancing the overall experience for athletes and fans alike.
This information is meant to be a general summary of Harvard Varsity 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $271,502
- Program Service Revenue: $231,276
- Gross Receipts: $3,223,807
Assets and Liabilities:
- Total Assets: $9,691,316
- Total Liabilities: $421,608
- Net Assets: $9,269,708
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INCOME FROM FRIENDS GROUPS
Revenue
$231,276
Organization Details
Founding Year
1955
Phone
(617) 495-3757Principal Officer
Robert Glatz
Main Address
MURR CENTER65 NORTH HARVARD STREET, BOSTON, MA, 021631012
Website
www.harvardvarsityclub.orgNTEE Category
Code: B43I - Education
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