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The Nippon Club

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

EIN: 131840276 ✦ New york, NY ✦ Designated as a 501(c)(7)

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Overview

What is The Nippon Club?

The Nippon Club, established in 1915, is a membership corporation situated in New York City, specifically at 145 West 57th Street. Its primary objective is to foster friendship and enhance cultural, economic, and international relations, with a particular focus on Japan and the United States. The organization serves this purpose by providing food and beverage services for membership events and special social occasions. Moreover, The Nippon Club strives to promote better relationships through its mission, which it has been doing since its incorporation under the Membership Corporation Law of New York State. The club employs a total of 23 individuals.


Official website here: www.nipponclub.org

Is The Nippon Club legitimate?

The Nippon Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. The Nippon Club 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: $123,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.nipponclub.org

What is the mission statement of The Nippon Club?

The Nippon Club, established in 1915, is primarily aimed at fostering friendship and enhancing cultural, economic, and international relations, particularly between Japan and the United States. Its main objective is to promote better understanding and relations between the two nations. The club carries out its mission through various means, such as organizing events and social occasions, providing food and bar services. The Club also strives to improve international relations by creating opportunities for intercultural exchange.


Official website here: www.nipponclub.org

Who is the CEO of The Nippon Club?

Masaaki Maeda is the Board Of Directors of The Nippon Club.


Official website here: www.nipponclub.org

What is the revenue of The Nippon Club?

The Nippon Club's revenue in 2022 was $2,414,426.


Official website here: www.nipponclub.org

Who are the executives of The Nippon Club and what are their salaries?

The average compensation at The Nippon Club during 2022 was $5,348. There are 23 employees at The Nippon Club.


Here are 4 key members and their salaries:


Board Of Directors (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Board Of Officers (Board Of Officers)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maeda Masaaki (V.P. & Assistant Secretary)
  • Compensation: $123,000
  • Related: $0
  • Other: $37,180
Yasuoka Hideki (Gm Executive Chef)
  • Compensation: $106,048
  • Related: $0
  • Other: $22,856


Official website here: www.nipponclub.org

Where can I find the form 990 for The Nippon Club?

The Nippon Club's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nipponclub.org

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

Mission Statement of The Nippon Club

The Nippon Club, established in 1915, has a mission centered around fostering friendship and enhancing cultural, economic, and international relations, particularly between Japan and the United States. This nonprofit organization, incorporated under the Membership Corporation Law of New York, aims to promote understanding and cooperation between the two nations. By pursuing this objective, The Nippon Club seeks to contribute to better relationships on a global scale.

At its core, The Nippon Club's mission is to serve as a bridge between the two nations, fostering a sense of camaraderie and mutual respect. The organization achieves this by organizing events, initiatives, and programs that encourage dialogue and collaborative efforts between people from Japan and the United States. By doing so, The Nippon Club strives to enrich the cultural exchange between the two nations, thereby fostering a deeper understanding and appreciation of each other's customs, traditions, and perspectives.

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Impact




October, 2024

The Nippon Club significantly enhances cultural exchange and international relations between Japan and the United States. By fostering friendship and understanding, it facilitates deeper connections among Japanese and American communities. The Club serves as a social hub, offering a restaurant and bar that not only provides cuisine from Japan but also hosts various membership events and special occasions. This environment encourages dialogue and interaction, allowing members to celebrate their heritage while also engaging with diverse cultural perspectives. Located in New York City, The Nippon Club plays a vital role in promoting mutual respect and collaboration across cultural boundaries.




This information is meant to be a general summary of The Nippon 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
$2,414,426 (2022)
Expenses
$2,860,491 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,004
  • Program Service Revenue: $1,456,361
  • Gross Receipts: $2,737,791

Assets and Liabilities:

  • Total Assets: $5,280,854
  • Total Liabilities: $9,304,430
  • Net Assets: -$4,023,576

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Programs

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

MEMBERSHIP DUES & ASSE

Revenue

$1,171,857

MEMEBER ACTIVITIES

Revenue

$224,974

CULTURE COURSES

Revenue

$59,530

Organization Details

Founding Year

1915

Principal Officer

Masaaki Maeda

Main Address

145 WEST 57TH STREET, NEW YORK, NY, 10019

NTEE Category

Code: N50 - Recreation

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