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Sedgewood Club Associates Inc

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

EIN: 061600801 ✦ Carmel, NY ✦ Designated as a 501(c)(7)

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Overview

What is Sedgewood Club Associates Inc?

Sedgewood Club Associates Inc is a private, non-profit organization situated in Carmel, New York. Primarily serving its members, the club offers a space for recreation, pleasure, and social engagement, primarily focusing on golf activities. It operates as an exclusive membership club, providing a serene setting for its members to unwind and engage in leisurely activities.

Is Sedgewood Club Associates Inc legitimate?

Sedgewood Club Associates Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Sedgewood Club Associates 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: $195,149

For more financial information, click here

What is the mission statement of Sedgewood Club Associates Inc?

Sedgewood Club Associates Inc., as a private non-profit entity, serves its members by functioning as a recreational, leisure, or social club. Its mission is to provide an exclusive environment for its members, allowing them to enjoy golf and other leisure activities. The club does not have a public mission statement focused on advocacy, research, or global outreach like some other organizations, instead, its purpose is primarily centered around offering a private club experience.

Who is the CEO of Sedgewood Club Associates Inc?

Sara Ann Erichson is the Director of Sedgewood Club Associates Inc.

What is the revenue of Sedgewood Club Associates Inc?

Sedgewood Club Associates Inc's revenue in 2022 was $867,995.

Who are the executives of Sedgewood Club Associates Inc and what are their salaries?

The average compensation at Sedgewood Club Associates Inc during 2022 was $39,030. There are 5 employees and 7 volunteers at Sedgewood Club Associates Inc.


Here are 7 key members and their salaries:


Bryce Friedman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zubeen Shroff (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Forman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lenny Harrington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Erichson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nina Charnoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Lewis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sedgewood Club Associates Inc?

Sedgewood Club Associates Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Sedgewood Club Associates Inc

Sedgewood Club Associates Inc serves as a private, non-profit organization with a distinctive mission. Primarily functioning as a recreational, social, and pleasure club, it provides exclusive membership opportunities to its members. The primary purpose of Sedgewood Club Associates Inc is to offer a sanctuary where its members can unwind, connect, and engage in leisure activities. The club operates with the goal of fostering a sense of camaraderie and community among its members.

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Impact




October, 2024

Sedgewood Club Associates Inc plays a significant role in promoting recreational activities and social engagement within the community of Carmel, NY. By operating as a private golf club, it provides its members with exclusive access to golf facilities and social events, fostering a sense of community and camaraderie among local residents. The club not only serves as a venue for leisure and pleasure but also contributes to the local economy by attracting members and visitors, thereby generating economic activity in the area. Additionally, Sedgewood Club Associates emphasizes a commitment to creating a welcoming environment for members to connect and engage in recreational pursuits, ultimately enhancing the quality of life in Carmel.




This information is meant to be a general summary of Sedgewood Club Associates 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
$867,995 (2022)
Expenses
$794,684 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $783,770
  • Gross Receipts: $867,995

Assets and Liabilities:

  • Total Assets: $2,220,078
  • Total Liabilities: $15,437
  • Net Assets: $2,204,641

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Programs

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

MEMBERSHIPS AND ASSESS

Revenue

$667,221

NEW MEMBERSHIPS

Revenue

$56,668

GOLF CART FEES

Revenue

$33,059

GUEST FEES

Revenue

$19,492

TENNIS FEES

Revenue

$4,950

Organization Details

Founding Year

2000

Principal Officer

Sara Ann Erichson

Main Address

1026 BARRETT CIRCLE WEST, CARMEL, NY, 10512

NTEE Category

Code: N50 - Recreation

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