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Grumman Retiree Club

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

EIN: 113332107 ✦ Bethpage, NY ✦ Designated as a 501(c)(3)

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Overview

What is Grumman Retiree Club?

The Grumman Retiree Club is a nonprofit organization catering to retired individuals, offering educational, social, and philanthropic experiences. With over 1350 members, including a headquarters on Long Island and 12 regional chapters spread nationwide, from Florida to California, the club maintains an active community. The club's primary engagement involves publishing 11 monthly newsletters annually, filled with enlightening content on various topics, such as personal finance and health. Furthermore, the Grumman Retiree Club extends its support to worthy causes by making charitable contributions to 12 local Long Island and national organizations. These organizations primarily focus on medical research, veterans' welfare, and food banks, thereby making a significant impact in these areas.


Official website here: www.grummanretireeclub.org

Is Grumman Retiree Club legitimate?

Grumman Retiree Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grumman Retiree Club submitted a form 990EZ, 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.


Official website here: www.grummanretireeclub.org

What is the mission statement of Grumman Retiree Club?

The Grumman Retiree Club's mission is centered around providing educational, social, and philanthropic opportunities for its retiree members. It achieves this by publishing a series of informative newsletters on topics like personal finance and health, reaching approximately 1350 members both at its headquarters and in 12 remote regional chapters across the nation. The club also demonstrates its philanthropic commitment by donating to various charitable organizations. These organizations primarily focus on medical research, veterans, and food banks, both locally and nationally.


Official website here: www.grummanretireeclub.org

Who is the CEO of Grumman Retiree Club?

Cathy Ferro is the President of Grumman Retiree Club.


Official website here: www.grummanretireeclub.org

What is the revenue of Grumman Retiree Club?

Grumman Retiree Club's revenue in 2022 was $101,692.


Official website here: www.grummanretireeclub.org

Who are the executives of Grumman Retiree Club and what are their salaries?


Here are 9 key members and their salaries:


Cathy Ferro (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betty Bohlander (1St Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Bazzicacalupo (2Nd Vice President And Sargeant Of Arms)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lou Koubat (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Frauenberger (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Ripp (Past President Director And Office Worker)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marion Abbott (Past President Director And And Office Worker)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Sulivan (Volunteer Office Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Klaskin (Editor Of Newsletter)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.grummanretireeclub.org

Where can I find the form 990EZ for Grumman Retiree Club?

Grumman Retiree Club's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.grummanretireeclub.org

Learn more at the official website: www.grummanretireeclub.org

Mission Statement of Grumman Retiree Club

The Grumman Retiree Club is an organization dedicated to offering educational, social, and philanthropic opportunities for its retiree members. The club serves approximately 1350 members, with a significant portion based at its headquarters on Long Island and additional chapters scattered across the nation, from Florida to California. The club's mission is fulfilled through the publication of 11 monthly newsletters annually. These newsletters are rich in informative articles, focusing on topics that are relevant and engaging to its members, such as personal finance and health matters.

Aside from its newsletter publications, the Grumman Retiree Club also extends its generosity by making charitable donations to a variety of organizations. These donations support several causes, including medical research, veterans organizations, and food banks. By providing financial assistance to these organizations, the Grumman Retiree Club is able to contribute to the betterment of society and make a meaningful impact in the lives of others. Overall, the Grumman Retiree Club serves as a valuable resource for its members, offering opportunities for learning, socialization, and philanthropy, while also contributing to worthy causes in the community.

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Impact




October, 2024

The Grumman Retiree Club plays a significant role in enhancing the lives of retirees by fostering a sense of community and providing valuable resources. Through its monthly newsletters, the club keeps approximately 1,350 members informed and engaged with content that covers essential topics such as personal finance and health, which are critical for navigating retirement.

In addition to education, the club emphasizes social interaction, connecting retirees through various events and gatherings, allowing them to build relationships and share experiences. This interaction is crucial for combating loneliness and fostering a supportive network among retirees.

Moreover, the Grumman Retiree Club demonstrates its commitment to philanthropy by making charitable donations to organizations focused on medical research, veterans, and food banks. This not only aids those in need but also instills a sense of purpose and fulfillment among its members, showing how retirees can contribute to their communities even after their professional careers have ended.

Overall, the impact of the Grumman Retiree Club is multifaceted, as it supports the educational, social, and philanthropic needs of retirees, enriching their lives and positively affecting the communities around them.




This information is meant to be a general summary of Grumman Retiree 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.

Revenue
$101,692 (2022)
Expenses
$83,009 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $103
  • Gross Receipts: $101,692

Assets and Liabilities:

  • Total Assets: $119,788
  • Total Liabilities: $12,956
  • Net Assets: $106,832

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Organization Details

Principal Officer

Cathy Ferro

Main Address

925 S OYSTER BAY RD, Bethpage, NY, 11714

NTEE Category

Code: P81 - Human services

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