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Heritage Pool And Racquet Club

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

EIN: 042442699 ✦ Concord, MA ✦ Designated as a 501(c)(7)

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Overview

What is Heritage Pool And Racquet Club?

The Heritage Pool and Racquet Club is a semi-private, limited membership organization situated in Concord, Massachusetts. With a focus on community family memberships, it offers swimming and tennis facilities to cater to the local residents' needs for summertime recreation, exercise, and social interaction. The club is governed by its own by-laws and a member-elected Board of Directors, aiming to provide a convenient, secure, and budget-friendly environment for outdoor activities. Parents find the club particularly appealing as an alternative, healthy option for their children during the summer months. The club employs 49 individuals, ensuring its smooth operation and member satisfaction.


Official website here: www.theheritageclub.org

Is Heritage Pool And Racquet Club legitimate?

Heritage Pool And Racquet Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Heritage Pool And Racquet Club 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: $176,800

For more financial information, click here


Official website here: www.theheritageclub.org

What is the mission statement of Heritage Pool And Racquet Club?

The Heritage Pool & Racquet Club serves as a private, cooperative facility for swimming and tennis, catering to 207 community family memberships. Overseen by a member-elected Board of Directors and governed by club by-laws, the club's mission is to provide its members with a convenient, secure, and affordable venue for summertime outdoor activities, recreation, exercise, and socializing. Parents in particular value the club's facilities and programs as a wholesome alternative for their children during the summer months.


Official website here: www.theheritageclub.org

Who is the CEO of Heritage Pool And Racquet Club?

Michael Smith is the President of Heritage Pool And Racquet Club.


Official website here: www.theheritageclub.org

What is the revenue of Heritage Pool And Racquet Club?

Heritage Pool And Racquet Club's revenue in 2022 was $548,400.


Official website here: www.theheritageclub.org

Who are the executives of Heritage Pool And Racquet Club and what are their salaries?

The average compensation at Heritage Pool And Racquet Club during 2022 was $3,608. There are 49 employees and 24 volunteers at Heritage Pool And Racquet Club.


Here are 11 key members and their salaries:


Mccullough Dawn (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valle Thomas (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Smith Michael (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Solar Lauren (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Francini Kirsten (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Soillis Stephen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ramariz Kate (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reynolds Susan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Root Candace (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Kelly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ward Christopher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.theheritageclub.org

Where can I find the form 990 for Heritage Pool And Racquet Club?

Heritage Pool And Racquet Club's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.theheritageclub.org

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

Mission Statement of Heritage Pool And Racquet Club

The Heritage Pool & Racquet Club, a private cooperative establishment, serves as a hub for swimming and tennis enthusiasts. Governed by its own by-laws and a member-elected Board of Directors, the club's mission is to cater to the local community's demand for a convenient, secure, and economical venue for summertime outdoor recreation, exercise, and socializing. The club's facilities, including swimming areas and tennis courts, are particularly appreciated by parents as a health-conscious alternative for their children during the summer months.

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Impact




October, 2024

Heritage Pool and Racquet Club serves as a vital resource for the Concord community by providing a safe, convenient, and affordable environment for outdoor recreation and social interaction. With 207 family memberships, it creates an inclusive space that fosters a sense of community among local residents.

The club's swim and tennis facilities fulfill the needs of families looking for healthy activities for children, offering a structured and enjoyable outlet during the summer months. Parents benefit from having a reliable place for their kids to stay active, socialize, and develop skills in swimming and tennis. As a semi-private cooperative, it not only emphasizes recreation but also encourages member engagement through its elected Board of Directors, helping to instill a sense of ownership and pride among its members.

Moreover, the Heritage Pool and Racquet Club enhances the quality of life in Concord, promoting wellness and community cohesion, making it a cornerstone for families seeking active lifestyles and social connections.




This information is meant to be a general summary of Heritage Pool And Racquet Club. 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
$548,400 (2022)
Expenses
$558,900 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $400
  • Program Service Revenue: $167,400
  • Gross Receipts: $557,300

Assets and Liabilities:

  • Total Assets: $1,460,300
  • Total Liabilities: $455,900
  • Net Assets: $1,004,400

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Programs

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

Initiation Fees

Revenue

$33,000

Pool Program Fees

Revenue

$69,700

Tennis Program Fees

Revenue

$35,200

Other Fees

Revenue

$6,700

Special Events

Revenue

$22,800

Organization Details

Founding Year

1968

Principal Officer

Michael Smith

Main Address

148 Hawthorne Ln, Concord, MA, 01742

NTEE Category

Code: N50 - Recreation

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