Overview
What is Newport Country Club?
The Newport Country Club, situated in Newport, Rhode Island, operates as a private golf club, catering to its members. Its primary purpose is to offer a platform for recreation and social engagement. As a recreational, pleasure, or social club, it provides an exclusive golfing experience to its members, fostering a sense of camaraderie and leisure.
Is Newport Country Club legitimate?
Newport Country Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Newport Country 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: $1,396,597
For more financial information, click here
What is the mission statement of Newport Country Club?
The Newport Country Club, as a private golf club, is committed to offering its members recreational and social opportunities. Its mission lies in providing an enjoyable experience that caters to their leisure and social needs. This club is classified under the category of recreational, pleasure, or social clubs, offering a unique space for its members to relax and engage in golf activities.
What is the revenue of Newport Country Club?
Newport Country Club's revenue in 2023 was $3,458,459.
Who are the executives of Newport Country Club and what are their salaries?
The average compensation at Newport Country Club during 2023 was $22,168. There are 63 employees and 18 volunteers at Newport Country Club.
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- Compensation: $137,779
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Where can I find the form 990 for Newport Country Club?
Newport Country Club's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Newport Country Club
Newport Country Club, as a private golf club, is dedicated to offering its members a chance to engage in recreational activities and enjoy social interactions. Its mission is centered around providing an enriching experience that caters to the leisure and social needs of its members. As a recreational, pleasure, or social club, Newport Country Club strives to create a welcoming environment where its members can unwind and build connections with one another.
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Impact
October, 2024
Newport Country Club plays a significant role in the community by offering a premier private golf club experience that fosters recreation and social engagement. Located in Newport, Rhode Island, it serves as a hub for members to enjoy high-quality golfing while building lasting relationships in an exclusive, serene environment.
By providing a venue for recreational activities, Newport Country Club enhances the quality of life for its members and promotes the importance of leisure and social interaction. The club not only contributes to personal well-being but also has a broader economic impact on the local community by attracting visitors, hosting events, and supporting local businesses. This blend of recreation, social opportunities, and community engagement underscores Newport Country Club's vital position in the region's cultural and social landscape.
This information is meant to be a general summary of Newport Country 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $30,882
- Program Service Revenue: $3,248,095
- Gross Receipts: $3,630,084
Assets and Liabilities:
- Total Assets: $9,110,870
- Total Liabilities: $3,458,921
- Net Assets: $5,651,949
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,945,488
GOLF TOURNAMENT & FEES
Revenue
$958,165
OTHER ACTIVITIES
Revenue
$216,651
INITIATION FEES
Revenue
$127,791
Organization Details
Founding Year
1894
Principal Officer
Barclay Douglas Jr
NTEE Category
Code: N50 - Recreation
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