The Trail Club Inc

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

EIN: 140694810 ✦ Carmel, NY ✦ Designated as a 501(c)(7)

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Overview

What is The Trail Club Inc?

The Trail Club Inc, situated in Carmel, NY, serves as a private membership organization and residential community, fostering a sense of camaraderie, relaxation, privacy, recreational activities, and community involvement. Members of this nonprofit enjoy tax-exempt club activities and events, allowing them to share common interests and engage in a supportive environment. The Trail Club's mission is to provide a platform for individuals with a shared purpose, where they can unwind, socialize, and participate in various community activities.


Official website here: www.gipsytrailclub.com

Is The Trail Club Inc legitimate?

The Trail Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. The Trail 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: $184,100
Professional Fundraising Fees: $0
Other Salaries and Wages: $814,761

For more financial information, click here


Official website here: www.gipsytrailclub.com

What is the mission statement of The Trail Club Inc?

The Trail Club Inc, being a private membership organization and residential community, is driven by the shared purpose of fostering friendship, relaxation, privacy, recreation, and community participation among its members. The organization provides a setting where individuals can engage in tax-exempt club activities and events, promoting a sense of camaraderie and leisure. Although the specifics of their activities and events are not provided, it is clear that The Trail Club Inc aims to offer its members a space for relaxation, recreation, and communal engagement.


Official website here: www.gipsytrailclub.com

Who is the CEO of The Trail Club Inc?

Katherine Yang is the Chairman of The Trail Club Inc.


Official website here: www.gipsytrailclub.com

What is the revenue of The Trail Club Inc?

The Trail Club Inc's revenue in 2022 was $3,601,930.


Official website here: www.gipsytrailclub.com

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

The average compensation at The Trail Club Inc during 2022 was $23,229. There are 43 employees and 10 volunteers at The Trail Club Inc.


Here are 12 key members and their salaries:


Cory Henkel (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bridget Best (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mali Sananikone Gaw (Vice President - Activitie)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hannah Strasser (Vice President - Capital)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Denniston (Vice President-Bldg & Grou)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Yang (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Stesney (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Una Chae (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew Dutton (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Russell (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Palmer (General Manager)
  • Compensation: $174,167
  • Related: $0
  • Other: $12,394
Powel Merez (Tennis Pro)
  • Compensation: $254,691
  • Related: $0
  • Other: $0


Official website here: www.gipsytrailclub.com

Where can I find the form 990 for The Trail Club Inc?

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


Official website here: www.gipsytrailclub.com

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

Mission Statement of The Trail Club Inc

The Trail Club Inc, a private membership organization, serves as a residential community for individuals sharing a common purpose. Their mission revolves around fostering friendship, relaxation, privacy, recreation, and community participation. The members of The Trail Club enjoy engaging in tax-exempt club activities and events, all aimed at promoting a sense of camaraderie and leisure. The organization's main objective is to provide a space where individuals can unwind, form connections, and participate in recreational activities, thus contributing to a sense of community.

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Impact




October, 2024

The Trail Club Inc fosters a strong sense of community and connection among its members, emphasizing friendship, relaxation, and recreation. Located in Carmel, NY, the organization creates a welcoming environment where individuals come together to share common interests and enjoy various activities. Members participate in a range of tax-exempt club events, enhancing their social and recreational experiences. This collective focus not only enriches their personal lives but also promotes a culture of engagement and participation within the community, ultimately contributing to a more vibrant and supportive residential atmosphere.




This information is meant to be a general summary of The Trail 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.

Revenue
$3,601,930 (2022)
Expenses
$2,899,621 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $975
  • Program Service Revenue: $1,793,271
  • Gross Receipts: $3,797,775

Assets and Liabilities:

  • Total Assets: $11,313,500
  • Total Liabilities: $1,214,752
  • Net Assets: $10,098,748

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Programs

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

MEMBERSHIP DUES

Revenue

$1,506,954

DEBT SERVICE ASSESSMENT

Revenue

$144,317

INITIATION FEES

Revenue

$142,000

Organization Details

Founding Year

1924

Principal Officer

Katherine Yang

Main Address

607 GIPSY TRAIL ROAD, CARMEL, NY, 10512

NTEE Category

Code: N50 - Recreation

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