Saratoga Reading Rooms Inc

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

EIN: 111902995 ✦ Saratoga springs, NY ✦ Designated as a 501(c)(7)

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Overview

What is Saratoga Reading Rooms Inc?

Saratoga Reading Rooms Inc is a nonprofit organization situated in Saratoga Springs, New York. During the Saratoga Springs Thoroughbred Racing Season, it offers a comprehensive facility catering to the needs of its visitors. This includes a reading room, lodging, and recreational activities, providing a comfortable and engaging experience for its patrons. The organization employs a team of 33 individuals, ensuring smooth operation and service delivery.


Official website here: www.saratogareadingrooms.com/

Is Saratoga Reading Rooms Inc legitimate?

Saratoga Reading Rooms Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Saratoga Reading Rooms 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: $242,035

For more financial information, click here


Official website here: www.saratogareadingrooms.com/

What is the mission statement of Saratoga Reading Rooms Inc?

Saratoga Reading Rooms Inc's primary function during the Saratoga Springs Thoroughbred Racing Season is to operate a reading room, lodging, and recreational facility. The organization's mission is to provide these services, ensuring a comfortable and enjoyable experience for visitors during this period. While the provided information does not explicitly state a mission statement in the traditional sense, it implies that Saratoga Reading Rooms Inc aims to enhance the racing season experience by offering a well-equipped facility for relaxation, learning, and leisure activities.


Official website here: www.saratogareadingrooms.com/

Who is the CEO of Saratoga Reading Rooms Inc?

Ben Haggin is the Director of Saratoga Reading Rooms Inc.


Official website here: www.saratogareadingrooms.com/

What is the revenue of Saratoga Reading Rooms Inc?

Saratoga Reading Rooms Inc's revenue in 2022 was $690,290.


Official website here: www.saratogareadingrooms.com/

Who are the executives of Saratoga Reading Rooms Inc and what are their salaries?

The average compensation at Saratoga Reading Rooms Inc during 2022 was $7,334. There are 33 employees at Saratoga Reading Rooms Inc.


Here are 12 key members and their salaries:


Joseph E Aulisi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert N Clay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Dibonaventura (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
William S Farish Jr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Haggin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
G Watts Humphrey Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brady Carruth (Vice - President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stanley D Petter Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daisy Phipps Pulito (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dg Van Clief Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beverly R Steinman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlotte C Weber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.saratogareadingrooms.com/

Where can I find the form 990 for Saratoga Reading Rooms Inc?

Saratoga Reading Rooms Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.saratogareadingrooms.com/

Learn more at the official website: www.saratogareadingrooms.com/

Mission Statement of Saratoga Reading Rooms Inc

Saratoga Reading Rooms Inc plays a significant role during the Saratoga Springs Thoroughbred Racing season. Their mission is centered around maintaining a reading room, lodging, and recreational facility. This nonprofit organization provides a space where individuals can engage in reading activities, find temporary accommodation, and enjoy recreational pursuits. The primary purpose of Saratoga Reading Rooms Inc is to contribute to the overall experience of the Saratoga Springs Thoroughbred Racing season, offering a comprehensive range of services to cater to the needs of visitors during this period.

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Impact




October, 2024

Saratoga Reading Rooms Inc significantly enhances the cultural and recreational landscape during the Saratoga Springs Thoroughbred Racing Season. By providing a dedicated reading room, lodging, and recreational facilities, it offers attendees a unique space to unwind and socialize. These services not only cater to the needs of racing enthusiasts but also create a community hub that fosters connections among visitors.

The impact extends beyond mere accommodations; it enriches the overall experience of the racing season, promoting a balanced blend of excitement and relaxation. Visitors can engage in reading and leisure activities, creating a sanctuary away from the hustle and bustle of the races. This integration of recreational opportunities contributes to the vibrancy of the Saratoga Springs area, making it a more inviting destination for locals and tourists alike. In essence, Saratoga Reading Rooms Inc plays a crucial role in enhancing the social and cultural fabric of the community during a peak time in the region's calendar.




This information is meant to be a general summary of Saratoga Reading Rooms 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
$690,290 (2022)
Expenses
$623,093 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $24,860
  • Program Service Revenue: $446,430
  • Gross Receipts: $1,189,123

Assets and Liabilities:

  • Total Assets: $1,012,559
  • Total Liabilities: $46,080
  • Net Assets: $966,479

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Programs

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

MEMBERSHIP DUES AND AS

Revenue

$414,200

ROOM RENTALS

Revenue

$28,249

OTHER EVENT CHARGES

Revenue

$3,981

Organization Details

Founding Year

1934

Principal Officer

Ben Haggin

Main Address

PO BOX 1452, SARATOGA SPRINGS, NY, 12866

NTEE Category

Code: N60 - Recreation

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