Cercle Laurier Inc

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

EIN: 050118584 ✦ Woonsocket, RI ✦ Designated as a 501(c)(7)

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Overview

What is Cercle Laurier Inc?

Cercle Laurier Inc, situated in Woonsocket, Rhode Island (02895), serves as a social club for its members. This nonprofit organization offers a suitable environment for its members to interact and socialize. Beyond its social function, Cercle Laurier Inc also extends its support to local charities. With a team of 15 dedicated individuals, the organization contributes to the betterment of its community by offering financial assistance and resources to various charitable initiatives.

Is Cercle Laurier Inc legitimate?

Cercle Laurier Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Cercle Laurier 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $67,247

For more financial information, click here

What is the mission statement of Cercle Laurier Inc?

Cercle Laurier Inc serves as a social club, offering its members a space to interact. Beyond fostering social connections, the organization extends its reach to local charities, contributing to their causes. In essence, Cercle Laurier Inc plays a role in bringing people together while making a positive impact on the community. It provides a platform for socialization and acts as a benefactor to local charitable organizations.

Who is the CEO of Cercle Laurier Inc?

Paul Lussier is the President of Cercle Laurier Inc.

What is the revenue of Cercle Laurier Inc?

Cercle Laurier Inc's revenue in 2022 was $505,530.

Who are the executives of Cercle Laurier Inc and what are their salaries?

The average compensation at Cercle Laurier Inc during 2022 was $4,483. There are 15 employees and 20 volunteers at Cercle Laurier Inc.


Here are 5 key members and their salaries:


Paul Lussier (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Roy (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Marcoux (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Albert Morin (Financial Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Nichols (Recording Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cercle Laurier Inc?

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

Mission Statement of Cercle Laurier Inc

Cercle Laurier Inc, a social club, serves as a gathering place for its members. Beyond fostering interactions among its members, Cercle Laurier Inc also extends its reach to the local community by contributing to charitable causes. The organization's mission is multifaceted, providing a social environment for its members while simultaneously engaging in philanthropic activities to support the community.

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Impact




October, 2024

Cercle Laurier Inc plays a significant role in fostering community engagement and social interaction in Woonsocket, RI. By offering a dedicated space for members to meet and interact, it strengthens social ties among individuals, facilitating friendships and a sense of belonging.

Additionally, the club's commitment to contributing to local charities enhances its impact beyond its membership, supporting various causes and initiatives that benefit the wider community. Through these charitable efforts, Cercle Laurier Inc not only supports local needs but also encourages a culture of giving and civic responsibility among its members. Overall, its influence is felt both in the social fabric of Woonsocket and in the positive contributions it makes to local charities.




This information is meant to be a general summary of Cercle Laurier 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
$505,530 (2022)
Expenses
$531,810 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $205
  • Program Service Revenue: $451,100
  • Gross Receipts: $505,530

Assets and Liabilities:

  • Total Assets: $467,824
  • Total Liabilities: $2,381
  • Net Assets: $465,443

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Programs

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

BAR & KITCHEN REVENUE

Revenue

$451,100

Organization Details

Founding Year

1940

Principal Officer

Paul Lussier

Main Address

165 EAST SCHOOL STREET, WOONSOCKET, RI, 02895

NTEE Category

Code: N50 - Recreation

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