Water Mill Beach Club Inc

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

EIN: 111874645 ✦ Southampton, NY ✦ Designated as a 501(c)(7)

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Overview

What is Water Mill Beach Club Inc?

Water Mill Beach Club Inc is a social or country club situated in Southampton, New York. Its primary purpose is to offer facilities for its members, aiming to cater to their recreational needs. The club's mission is centered around providing an environment where members can engage in various activities, ensuring a pleasant and inclusive experience.

Is Water Mill Beach Club Inc legitimate?

Water Mill Beach Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Water Mill Beach Club 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: $219,978

For more financial information, click here

What is the mission statement of Water Mill Beach Club Inc?

The mission of Water Mill Beach Club Inc, as a social or country club, is to offer and maintain suitable facilities for its members. This organization is dedicated to catering to the needs of its members, providing them with a suitable environment for their leisure activities and social interactions. The primary objective of Water Mill Beach Club Inc is to ensure that its members have access to the necessary amenities within the club, enhancing their overall club experience.

Who is the CEO of Water Mill Beach Club Inc?

Christopher Wetter is the Director of Water Mill Beach Club Inc.

What is the revenue of Water Mill Beach Club Inc?

Water Mill Beach Club Inc's revenue in 2022 was $586,287.

Who are the executives of Water Mill Beach Club Inc and what are their salaries?

The average compensation at Water Mill Beach Club Inc during 2022 was $11,578. There are 19 employees at Water Mill Beach Club Inc.


Here are 7 key members and their salaries:


Jennifer Monaco (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virginia Schwenk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Steck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Rose (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Deasy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Wetter (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Christopher (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Water Mill Beach Club Inc?

Water Mill Beach Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Water Mill Beach Club Inc

Water Mill Beach Club, as a social or country club, is dedicated to fulfilling its mission by offering Club facilities for its members. In essence, this esteemed organization serves as a hub where its members can engage in various activities and socialize. By providing Club facilities, Water Mill Beach Club aims to cater to the diverse needs and interests of its members, fostering a sense of community and camaraderie among them.

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Impact




October, 2024

Water Mill Beach Club Inc significantly enhances the social and recreational landscape of Southampton, NY, by providing exclusive club facilities for its members. It serves as a vital community hub, fostering connections among residents and visitors while promoting leisure and relaxation. By offering a range of amenities and activities, the club cultivates a vibrant social atmosphere that encourages engagement and camaraderie within the community. Its presence contributes to the overall quality of life in the area, making it a desirable location for recreation and socialization. Through its focus on member services and community involvement, Water Mill Beach Club plays an essential role in supporting a thriving local culture.




This information is meant to be a general summary of Water Mill Beach Club 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
$586,287 (2022)
Expenses
$602,551 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $38
  • Program Service Revenue: $585,809
  • Gross Receipts: $591,531

Assets and Liabilities:

  • Total Assets: $1,301,182
  • Total Liabilities: $51,518
  • Net Assets: $1,249,664

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Programs

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

GUEST FEES

Revenue

$15,825

MEMBER EVENTS

Revenue

$20,174

Membership Dues & Assessments

Revenue

$525,500

TENNIS LESSONS

Revenue

$24,310

Organization Details

Founding Year

1939

Principal Officer

Christopher Wetter

Main Address

106 PROSPECT STREET, SOUTHAMPTON, NY, 11968

NTEE Category

Code: N50 - Recreation

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