The Century Tower Racquet Club C/O The Olnick Organization

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

EIN: 132833306 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Century Tower Racquet Club C/O The Olnick Organization?

The Century Tower Racquet Club, under the oversight of The Olnick Organization, is a nonprofit entity situated in the heart of New York City, specifically at 135 East 57th Street, 22nd Floor. Their primary mission is to cater to the public by maintaining a sports facility. This facility offers a variety of recreational opportunities, promoting physical activity and wellness among its patrons. The organization's operations take place on the 22nd floor of the Century Tower.

Is The Century Tower Racquet Club C/O The Olnick Organization legitimate?

The Century Tower Racquet Club C/O The Olnick Organization is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Century Tower Racquet Club C/O The Olnick Organization 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: $0

For more financial information, click here

What is the mission statement of The Century Tower Racquet Club C/O The Olnick Organization?

The mission of The Century Tower Racquet Club, under the management of The Olnick Organization, is centered around maintaining a sports facility that caters to the public at large. This goal involves ensuring the facility remains in top condition, providing an inclusive environment for individuals of all backgrounds to engage in various sports activities. The organization's primary focus is to uphold the quality of the facilities, creating a welcoming atmosphere where the general public can enjoy sports and physical recreation.

Who is the CEO of The Century Tower Racquet Club C/O The Olnick Organization?

Philip Cohen is the President, Director of The Century Tower Racquet Club C/O The Olnick Organization.

What is the revenue of The Century Tower Racquet Club C/O The Olnick Organization?

The Century Tower Racquet Club C/O The Olnick Organization's revenue in 2022 was -$9,048.

Who are the executives of The Century Tower Racquet Club C/O The Olnick Organization and what are their salaries?


Here are 2 key members and their salaries:


Richard Lane (President, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Cohen (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Century Tower Racquet Club C/O The Olnick Organization?

The Century Tower Racquet Club C/O The Olnick Organization's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Century Tower Racquet Club C/O The Olnick Organization

The Century Tower Racquet Club, under the auspices of The Olnick Organization, is committed to the upkeep of a sports facility accessible to the public at large. This mission is centered on providing a space where individuals can engage in various sports activities, fostering a sense of community and promoting physical well-being. The facility serves as a hub for various sport enthusiasts, offering them an opportunity to participate in their preferred activities, regardless of their skill level or age. The Century Tower Racquet Club's mission is a testament to its dedication to promoting an active lifestyle and making sports accessible to all members of the community.

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Impact




October, 2024

The Century Tower Racquet Club C/O The Olnick Organization plays a significant role in promoting health and wellness within the New York community by providing access to a dedicated sports facility. By maintaining a state-of-the-art sports environment, it encourages individuals of all ages to engage in recreational activities that enhance physical fitness and overall well-being.

The facility serves as a hub for various sports activities, fostering a sense of community among local residents. Through organized events and programs, it not only supports individual sports enthusiasts but also promotes teamwork and social interaction, creating a vibrant community atmosphere. The emphasis on recreation contributes positively to the city's quality of life, enabling residents to prioritize their health and connect with others in a supportive environment.

In summary, The Century Tower Racquet Club enhances the quality of life in New York by providing an essential resource for recreation and fitness, ultimately encouraging a healthier and more active community.




This information is meant to be a general summary of The Century Tower Racquet Club C/O The Olnick Organization. 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
-$9,048 (2022)
Expenses
$4,696 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $334
  • Gross Receipts: $133,937

Assets and Liabilities:

  • Total Assets: $53,567
  • Total Liabilities: $156,042
  • Net Assets: -$102,475

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Organization Details

Founding Year

1975

Principal Officer

Philip Cohen

Main Address

135 EAST 57TH STREET - 22ND FLOOR, NEW YORK, NY, 10022

NTEE Category

Code: N66 - Recreation

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