Centro-Luso American Club Inc

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

EIN: 042349445 ✦ New bedford, MA ✦ Designated as a 501(c)(7)

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Overview

What is Centro-Luso American Club Inc?

Centro-Luso American Club Inc, located at 34 Beetle Street, New Bedford, MA 02746, is a nonprofit organization primarily dedicated to serving its members by offering a conducive environment for social and cultural engagements. This community-focused organization strives to promote and facilitate such events, providing its members with an enjoyable space to connect and celebrate their shared culture. With a team of nine employees, the club continues to uphold its mission and contribute to the social fabric of its community.

Is Centro-Luso American Club Inc legitimate?

Centro-Luso American Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Centro-Luso 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: $2,009
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,300

For more financial information, click here

What is the mission statement of Centro-Luso American Club Inc?

The Centro-Luso American Club Inc has a mission to promote social and cultural events. Their primary objective is to offer a gathering place for its members, allowing them to engage in and enjoy various social and cultural activities. By providing this venue, the club aims to foster a sense of community and shared experiences among its members. The club's activities are centered around facilitating social and cultural events, providing an enjoyable space for its members to connect and engage with one another.

Who is the CEO of Centro-Luso American Club Inc?

Brenda Santos is the President of Centro-Luso American Club Inc.

What is the revenue of Centro-Luso American Club Inc?

Centro-Luso American Club Inc's revenue in 2022 was $91,050.

Who are the executives of Centro-Luso American Club Inc and what are their salaries?

The average compensation at Centro-Luso American Club Inc during 2022 was $2,257. There are 9 employees at Centro-Luso American Club Inc.


Here are 4 key members and their salaries:


Edward Roy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Santos (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry Resto (Vice President)
  • Compensation: $2,009
  • Related: $0
  • Other: $0
Kelly Lima (Clerk/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Centro-Luso American Club Inc?

Centro-Luso American Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Centro-Luso American Club Inc

Centro-Luso American Club Inc is a organization dedicated to promoting and fostering social and cultural events. Their primary mission is to serve as a meeting place for its members, providing them with an opportunity to engage in and enjoy various social and cultural activities. The club aims to create a welcoming environment where its members can connect, share experiences, and celebrate their shared culture and heritage.

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Impact




October, 2024

Centro-Luso American Club Inc significantly enriches the community by promoting social and cultural events that bring members together. Located in New Bedford, MA, it serves as a vibrant meeting place where individuals can enjoy a variety of recreational activities and cultural experiences. This fosters a sense of belonging and community among members, enabling them to celebrate their heritage while engaging in meaningful social interactions. The club’s commitment to providing a welcoming environment for its members enhances local social cohesion and cultural appreciation, ultimately contributing to the broader community’s diversity and vibrancy.




This information is meant to be a general summary of Centro-Luso 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
$91,050 (2022)
Expenses
$113,445 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5
  • Program Service Revenue: $2,915
  • Gross Receipts: $149,337

Assets and Liabilities:

  • Total Assets: $133,495
  • Total Liabilities: $123
  • Net Assets: $133,372

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Programs

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

MEMBERSHIP DUES

Revenue

$2,915

Organization Details

Founding Year

1948

Principal Officer

Brenda Santos

Main Address

34 BEETLE STREET, NEW BEDFORD, MA, 02746

NTEE Category

Code: N60 - Recreation

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