Overview
What is Marshall Chess Club Inc?
Marshall Chess Club Inc is a nonprofit organization committed to cultivating a passion for chess. Their primary objective is to operate an exclusive members' club, serving as a hub for teaching and promoting the game. By maintaining a social chess club, they aim to ignite and sustain interest in this strategic pastime. Their mission extends beyond the club, as they strive to foster a broader appreciation for chess within their community.
Is Marshall Chess Club Inc legitimate?
Marshall Chess Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Marshall Chess Club 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: $270,693
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What is the mission statement of Marshall Chess Club Inc?
The Marshall Chess Club Inc. is dedicated to preserving a social environment that encourages and boosts interest in the game of chess. Their mission is twofold: to operate a private membership club for teaching and promoting chess, and to foster and promote an enthusiasm for the game among its members. The club aims to sustain a social atmosphere where individuals can engage in chess, thereby enhancing their passion for the game.
What is the revenue of Marshall Chess Club Inc?
Marshall Chess Club Inc's revenue in 2024 was $931,947.
Who are the executives of Marshall Chess Club Inc and what are their salaries?
The average compensation at Marshall Chess Club Inc during 2024 was $24,608. There are 11 employees at Marshall Chess Club Inc.
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Where can I find the form 990 for Marshall Chess Club Inc?
Marshall Chess Club Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Marshall Chess Club Inc
Marshall Chess Club Inc is dedicated to upholding a social chess club, serving as a platform to stimulate and cultivate enthusiasm for the game of chess. The organization's primary mission lies in maintaining this social chess club, fostering, and promoting an interest in the strategic and intellectually stimulating game of chess. By doing so, Marshall Chess Club Inc contributes to the development of individuals who share a passion for chess, encouraging their participation and growth in the game.
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Impact
October, 2024
Marshall Chess Club Inc has a significant impact on the chess community, particularly in New York City, where it serves as a vibrant hub for chess enthusiasts. By operating a private membership club, it not only offers a welcoming environment for players of all skill levels but also emphasizes the importance of social interaction and camaraderie among chess lovers. The club fosters an appreciation for the game through various activities, tournaments, and educational initiatives that attract new players and support the development of seasoned competitors.
Through its focus on promoting interest in chess, the Marshall Chess Club cultivates a deeper understanding of the game, nurturing critical thinking and strategic skills that can benefit individuals beyond the chessboard. This commitment to chess extends to the broader community, inspiring future generations to engage with this intellectually stimulating pastime. Ultimately, the club reinforces the cultural relevance of chess and contributes to the ongoing dialogue about its impact on cognitive development, social interaction, and enjoyment in recreational activities.
This information is meant to be a general summary of Marshall Chess Club 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 2024.
- Program Service Revenue: $586,740
- Gross Receipts: $931,947
Assets and Liabilities:
- Total Assets: $307,336
- Total Liabilities: $180,447
- Net Assets: $126,889
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TOURNAMENT REVENUE
Revenue
$456,866
CHESS CLASS REVENUE
Revenue
$78,561
MERCHANDISE AND OTHER
Revenue
$51,313
Organization Details
Founding Year
1922
Principal Officer
Sarathi Ray
NTEE Category
Code: N5XZ - Recreation
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