Overview
What is Metropolitan Club Foundation Inc?
Metropolitan Club Foundation Inc, based in Elmsford, New York, is a nonprofit organization committed to supporting and enhancing the club management profession. They accomplish this through various educational programs designed for club managers and assistant managers. Their mission extends to providing financial assistance to individuals from the public sector, particularly minorities, interested in the club and hospitality fields. By doing so, they aim to raise public awareness of professional opportunities in this field. In addition, the foundation cooperates with allied associations, academic institutions, and other groups involved in the hospitality field to disseminate professional information. During challenging situations, such as illness, disaster, or the loss of a family member, the foundation offers limited assistance to club management professionals and their families.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The Metropolitan Club Foundation Inc has achieved a strong rating of 97%, reflecting its commitment to accountability and financial transparency. The charity's score is derived entirely from its performance in the Accountability & Finance beacon, highlighting its effective management and use of resources.
One of the organization's notable strengths includes having a fully independent board, consisting of 15 members, which reinforces its governance quality. Additionally, the foundation has demonstrated excellent practices in various areas, such as conflict of interest policies and document retention, all scoring full points. The program expense ratio of 70.45% indicates a significant portion of funds is directed towards its programs, showcasing its dedication to fulfilling its mission.
There are no significant limitations noted in the data, which suggests that the Metropolitan Club Foundation Inc operates with strong financial health and governance practices. Overall, the nonprofit appears to maintain a high standard of accountability, making it a trustworthy option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Metropolitan Club Foundation Inc legitimate?
Metropolitan Club Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metropolitan Club Foundation 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: $47,501
For more financial information, click here
Official website here: www.none
What is the mission statement of Metropolitan Club Foundation Inc?
The Metropolitan Club Foundation Inc was established with the primary purpose of supporting educational programs aimed at enhancing the skills of club managers and assistant managers. This mission serves to advance the club management profession. The foundation provides financial assistance to individuals interested in the club and hospitality fields, particularly from the public sector and minority groups. By doing so, it aims to increase public awareness of professional opportunities in these fields. Additionally, the foundation collaborates with academic institutions such as community colleges, culinary schools, and universities, both in New York and other states, to promote the club management profession through their academic programs. In times of catastrophic or devastating situations due to illness, disaster, or the death of a family member, the foundation offers limited assistance to club management professionals and their families.
Official website here: www.none
Who is the CEO of Metropolitan Club Foundation Inc?
Todd Zorn is the Chairman of Metropolitan Club Foundation Inc.
Official website here: www.none
What is the revenue of Metropolitan Club Foundation Inc?
Metropolitan Club Foundation Inc's revenue in 2022 was $469,624.
Official website here: www.none
Who are the executives of Metropolitan Club Foundation Inc and what are their salaries?
There 15 volunteers at Metropolitan Club Foundation Inc.
Here are 15 key members and their salaries:
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Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Metropolitan Club Foundation Inc
The Metropolitan Club Foundation Inc, with its established purpose, is dedicated to supporting educational programs for club managers and assistant managers. Its mission is multifaceted, aiming to enhance the club management profession as a whole. The foundation provides financial aid to individuals from the public sector, including minorities, who are interested in the club and hospitality fields. By offering such assistance, the Metropolitan Club Foundation increases public awareness of the diverse professional opportunities available in these fields.
Furthermore, the foundation promotes the club management profession through academic programs offered by community colleges, culinary schools, and universities, not just in New York but also in other states. By collaborating with allied associations, academic institutions, and other groups involved in the hospitality field, the Metropolitan Club Foundation disseminates professional information widely.
In times of catastrophic and devastating situations due to illness, disaster, or the death of a family member, the foundation extends limited assistance to club management professionals and their families. This support, provided by the Metropolitan Club Foundation Inc, is crucial in helping these individuals and families navigate challenging circumstances and rebuild their lives.
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Impact
July, 2024
The Metropolitan Club Foundation Inc has a significant impact on the club management profession by supporting educational programs for club managers and assistant managers. They also provide financial assistance to individuals interested in the club and hospitality fields, which helps create greater public awareness of professional opportunities in these areas. Additionally, the foundation promotes the club management profession through academic programs offered by various institutions and cooperates in disseminating professional information to allied associations and academic institutions. Furthermore, they offer limited assistance to club management professionals and their families facing catastrophic situations, providing much-needed support during difficult times. Overall, the foundation plays a crucial role in advancing and supporting the club management profession and those working within it.
This information is meant to be a general summary of Metropolitan Club Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $196,131
- Program Service Revenue: $243,318
- Gross Receipts: $532,922
Assets and Liabilities:
- Total Assets: $2,919,350
- Total Liabilities: $194,805
- Net Assets: $2,724,545
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
VENDOR SHOW EXPOSITION
Revenue
$235,084
WORKSHOPS
Revenue
$8,234
Organization Details
Founding Year
1996
Phone
(914) 347-4653Principal Officer
Todd Zorn
Main Address
49 KNOLLWOOD ROAD, ELMSFORD, NY, 10523
Website
www.noneNTEE Category
Code: A31 - Arts
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