Marconi Club Of Stoneham Ma Inc

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

EIN: 042488455 ✦ Stoneham, MA ✦ Designated as a 501(c)(7)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Marconi Club Of Stoneham Ma Inc?

Marconi Club of Stoneham, MA, Inc. is a nonprofit organization primarily known for operating an exclusive members-only bar and renting out a function hall. Their mission extends to contributing a portion of any profits derived from these activities to local charitable causes. The organization shows support for various community initiatives, such as youth sports teams, educational funds, and hockey programs, embodying a fraternal spirit within the community.

Is Marconi Club Of Stoneham Ma Inc legitimate?

Marconi Club Of Stoneham Ma Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Marconi Club Of Stoneham Ma Inc submitted a form 990EZ, 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.

What is the mission statement of Marconi Club Of Stoneham Ma Inc?

The Marconi Club of Stoneham MA Inc primarily operates a members-only bar and rents out a function hall. Any surplus earnings from these activities can be donated to local charities, with a focus on organizations that support youth and education, such as little league teams, educational funds, and youth hockey programs. The club's mission is not explicitly stated, but it appears to prioritize community engagement and philanthropy alongside its primary operations.

Who is the CEO of Marconi Club Of Stoneham Ma Inc?

Richard Minghella is the President of Marconi Club Of Stoneham Ma Inc.

What is the revenue of Marconi Club Of Stoneham Ma Inc?

Marconi Club Of Stoneham Ma Inc's revenue in 2022 was -$4,131.

Who are the executives of Marconi Club Of Stoneham Ma Inc and what are their salaries?


Here are 2 key members and their salaries:


Richard Minghella (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Minghella (Secretary- Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Marconi Club Of Stoneham Ma Inc?

Marconi Club Of Stoneham Ma Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Marconi Club Of Stoneham Ma Inc

The Marconi Club of Stoneham MA Inc is an organization that operates a members-only bar and rents out a function hall. If the club manages to generate a profit from these activities, it is customary for them to contribute to local charities. Their generosity extends to various fraternal causes, such as little league teams, educational funds, and youth hockey programs. The Marconi Club of Stoneham MA Inc's mission is to provide a social space for its members while also giving back to the community by supporting local charities and youth initiatives.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

The Marconi Club of Stoneham, MA serves as a social hub for its members, fostering community connections and camaraderie through its bar and function hall. By offering a venue for gatherings, the club provides a space for social events, enhancing community engagement in Stoneham.

Additionally, the club has a significant impact on local charities. Profits generated from its activities are directed toward various fraternal causes, including youth programs such as Little League, educational funds, and youth hockey. This support not only aids in the development of youth in the area but also strengthens local organizations that contribute to the overall wellbeing of the community. Through these contributions, the Marconi Club plays a vital role in enriching the lives of residents in Stoneham and surrounding areas.




This information is meant to be a general summary of Marconi Club Of Stoneham Ma 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
-$4,131 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $150,766

Assets and Liabilities:

  • Total Assets: $34,904
  • Total Liabilities: $0
  • Net Assets: $34,904

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Principal Officer

Richard Minghella

Main Address

47 PINE STREET, STONEHAM, MA, 02180

NTEE Category

Code: N50 - Recreation

If you are a representative of Marconi Club Of Stoneham Ma Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.