The Princeton Club Of New York

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

EIN: 131184700 ✦ New york, NY ✦ Designated as a 501(c)(7)

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Overview

What is The Princeton Club Of New York?

The Princeton Club of New York is a nonprofit organization, situated in New York, NY. Its primary purpose is to offer social and recreational activities designed for the enjoyment and relaxation of its membership. This esteemed organization focuses on providing a variety of engaging activities, catering to the needs and interests of its members.


Official website here: www.princetonclub.com

Is The Princeton Club Of New York legitimate?

The Princeton Club Of New York is a legitimate nonprofit organization registered as a 501(c)(7) entity. The Princeton Club Of New York 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: $336,110
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,207,634

For more financial information, click here


Official website here: www.princetonclub.com

What is the mission statement of The Princeton Club Of New York?

The Princeton Club of New York is dedicated to offering social and recreational activities that cater to the enjoyment and satisfaction of its membership. Its mission is to create an environment where members can engage in various activities, promoting a sense of community and leisure. The club provides tax-exempt activities, aiming to foster a sense of belonging among its members. While the specific activities offered may vary, the core mission remains consistent: to serve the social and recreational needs of its members.


Official website here: www.princetonclub.com

Who is the CEO of The Princeton Club Of New York?

Christine M Loomis is the President of The Princeton Club Of New York.


Official website here: www.princetonclub.com

What is the revenue of The Princeton Club Of New York?

The Princeton Club Of New York's revenue in 2021 was $5,957,603.


Official website here: www.princetonclub.com

Who are the executives of The Princeton Club Of New York and what are their salaries?

The average compensation at The Princeton Club Of New York during 2021 was $12,350. There are 125 employees and 13 volunteers at The Princeton Club Of New York.


Here are 17 key members and their salaries:


Christine M Loomis (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Guy Woelk (V.P. - Finance & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Lk Frelinghuysen (V.P. - House)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Murphy (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Comer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theodore R Gamble Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zachary N Goldstein (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Grant (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norman Mcclave Iii (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James White (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice S Roddenbery (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clyde E Rankin Iii (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard H Block (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Pallen (General Manger)
  • Compensation: $287,082
  • Related: $0
  • Other: $38,756
Richard Violante (Director Of Finance)
  • Compensation: $227,705
  • Related: $0
  • Other: $37,155
Michael Bourquin (Executive Chef)
  • Compensation: $119,588
  • Related: $0
  • Other: $34,681
Joseph Pastor (Director Of Operations)
  • Compensation: $132,609
  • Related: $0
  • Other: $17,128


Official website here: www.princetonclub.com

Where can I find the form 990 for The Princeton Club Of New York?

The Princeton Club Of New York's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.princetonclub.com

Learn more at the official website: www.princetonclub.com

Mission Statement of The Princeton Club Of New York

The Princeton Club of New York is a prominent organization that is dedicated to offering social and recreational activities for its esteemed members. Its primary mission is to create an environment where members can engage in various activities for their enjoyment and leisure. By providing these tax-exempt activities, the club aims to foster a sense of community and camaraderie among its members. The Princeton Club of New York's mission is to serve as a hub for its members to unwind, socialize, and partake in a wide array of recreational pursuits.

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Impact




October, 2024

The Princeton Club of New York significantly enhances the social and recreational landscape for its members by offering a vibrant community where individuals can connect, relax, and engage in various activities. This club provides a welcoming space that promotes camaraderie among its members, fostering networking opportunities and friendships that extend beyond the confines of the club. Through its diverse array of social events and recreational activities, the club supports a sense of belonging and engagement, enriching the lives of those who participate.

Located in the heart of New York City, the club serves as a hub for Princeton alumni and others seeking a shared experience rooted in the university's traditions. By organizing events and programs that emphasize both leisure and intellectual growth, The Princeton Club of New York positively impacts its members' well-being, offering a sanctuary amidst the bustling city life. The club’s commitment to providing meaningful experiences ensures that members not only enjoy recreational activities but also build lasting relationships that reflect the spirit of Princeton.




This information is meant to be a general summary of The Princeton Club Of New York. 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
$5,957,603 (2021)
Expenses
$8,150,828 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $751
  • Program Service Revenue: $5,492,028
  • Gross Receipts: $5,957,603

Assets and Liabilities:

  • Total Assets: $28,101,084
  • Total Liabilities: $49,356,926
  • Net Assets: -$21,255,842

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Programs

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

MEMBERSHIP DUES

Revenue

$3,949,982

CAPITAL ASSESSMENTS

Revenue

$1,529,756

INITIATION FEES

Revenue

$12,290

Organization Details

Founding Year

1899

Principal Officer

Christine M Loomis

Main Address

15 WEST 43RD STREET, NEW YORK, NY, 100367497

NTEE Category

Code: N50 - Recreation

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