Overview
What is Spouting Rock Beach Association?
Spouting Rock Beach Association is a nonprofit organization situated in Newport, Rhode Island, with its headquarters at 34 Ocean Avenue. Their primary focus is the operation of a beach club, providing a recreational haven for its members. This includes various activities such as swimming, tennis, and offering food and beverages. The organization's mission is to facilitate enjoyable leisure experiences for its members, as stated in its purpose of being organized and operated for their recreational use. The association employs a workforce of 140 individuals, ensuring the smooth operation and maintenance of its facilities.
Official website here: www.spoutingrockbeach.com
Is Spouting Rock Beach Association legitimate?
Spouting Rock Beach Association is a legitimate nonprofit organization registered as a 501(c)(7) entity. Spouting Rock Beach Association 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: $219,772
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,149,570
For more financial information, click here
Official website here: www.spoutingrockbeach.com
What is the mission statement of Spouting Rock Beach Association?
The Spouting Rock Beach Association is established with the primary objective of providing enjoyable recreational activities for its members. This organization operates a beach club, offering various leisure activities such as swimming and tennis. The core mission of Spouting Rock Beach Association is to cater to the recreational needs of its members, ensuring their overall relaxation and enjoyment. Beyond this, the association also provides food and beverage services, further enhancing the recreational experience for its members.
Official website here: www.spoutingrockbeach.com
Who is the CEO of Spouting Rock Beach Association?
Mortimer Berkowitz Iii is the President of Spouting Rock Beach Association.
Official website here: www.spoutingrockbeach.com
What is the revenue of Spouting Rock Beach Association?
Spouting Rock Beach Association's revenue in 2022 was $4,442,856.
Official website here: www.spoutingrockbeach.com
Who are the executives of Spouting Rock Beach Association and what are their salaries?
The average compensation at Spouting Rock Beach Association during 2022 was $9,781. There are 140 employees and 33 volunteers at Spouting Rock Beach Association.
Here are 12 key members and their salaries:
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- Compensation: $219,772
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- Compensation: $113,000
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- Compensation: $105,080
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- Other: $0
Official website here: www.spoutingrockbeach.com
Where can I find the form 990 for Spouting Rock Beach Association?
Spouting Rock Beach Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.spoutingrockbeach.com
Learn more at the official website: www.spoutingrockbeach.com
Mission Statement of Spouting Rock Beach Association
Spouting Rock Beach Association, a social club, is organized and operated with the primary aim of providing its members with pleasurable recreational activities. This nonprofit organization is dedicated to the operation of a beach club that caters to its members' leisure needs. The beach club offers a variety of recreational activities, including swimming and tennis, providing an enjoyable environment for its members. Furthermore, the association also includes food and beverage services as part of its offerings, ensuring a complete recreational experience for its members. In essence, the Spouting Rock Beach Association is committed to offering its members a pleasant and enjoyable recreational experience through the operation of its beach club.
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Impact
October, 2024
Spouting Rock Beach Association significantly enhances the recreational experience for its members by providing a well-maintained beach club in Newport, RI. With amenities like swimming, tennis, and food and beverage services, it creates a vibrant social environment that encourages relaxation and community engagement. Its focus on pleasurable recreational use fosters a sense of belonging among members, promoting wellness and social interaction. The association's operations support not only individual enjoyment but also strengthen community ties, creating lasting memories and relationships in a beautiful coastal setting.
This information is meant to be a general summary of Spouting Rock Beach Association. 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 2022.
- Investment Income: $119,783
- Program Service Revenue: $4,467,955
- Gross Receipts: $5,435,532
Assets and Liabilities:
- Total Assets: $8,170,570
- Total Liabilities: $1,798,637
- Net Assets: $6,371,933
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER DUES AND FEES
Revenue
$3,784,534
TENNIS
Revenue
$281,455
JUNIOR ATHLETICS
Revenue
$152,919
ADMISSIONS
Revenue
$134,075
BATHHOUSE & CABANA REN
Revenue
$82,225
Organization Details
Founding Year
1897
Phone
(401) 847-1900Principal Officer
Mortimer Berkowitz Iii
Main Address
34 OCEAN AVENUE, NEWPORT, RI, 02840
Website
www.spoutingrockbeach.comNTEE Category
Code: N50 - Recreation
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