The Lake George Club

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

EIN: 140817670 ✦ Diamond point, NY ✦ Designated as a 501(c)(7)

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Overview

What is The Lake George Club?

The Lake George Club is a membership-based organization located in Diamond Point, New York. Established with a primary focus, it offers social, sailing, swimming, and tennis facilities exclusively to its members. This nonprofit organization employs a team of 83 individuals who work diligently to maintain and operate these facilities, ensuring a high-quality experience for its members.


Official website here: www.thelakegeorgeclub.com

Is The Lake George Club legitimate?

The Lake George Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. The Lake George 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,141,427

For more financial information, click here


Official website here: www.thelakegeorgeclub.com

What is the mission statement of The Lake George Club?

The Lake George Club operates as an exclusive social hub, offering amenities for its members, including sailing, swimming, and tennis activities. Its primary mission is to provide a members-only environment where individuals can engage in these recreational activities. The club focuses on fostering a sense of community among its members and ensuring an enjoyable experience through the operation of its facilities.


Official website here: www.thelakegeorgeclub.com

Who is the CEO of The Lake George Club?

Joan Sullivan is the Director of The Lake George Club.


Official website here: www.thelakegeorgeclub.com

What is the revenue of The Lake George Club?

The Lake George Club's revenue in 2022 was $2,516,928.


Official website here: www.thelakegeorgeclub.com

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

The average compensation at The Lake George Club during 2022 was $13,752. There are 83 employees at The Lake George Club.


Here are 23 key members and their salaries:


Peter Sawchuk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Ryan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Handler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Ackerle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Hania Stawowy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Jim Schneider (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr John Toussaint (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Badcock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Stromberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Tarrant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Laguardia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim O'Hearn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom West (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Fraser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Favero (2Nd Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Ward (1St Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leah Desantis (Asst. Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Nolan (Asst. Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Donohue (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Mathis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Sullivan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Destratis (Executive Chef)
  • Compensation: $103,000
  • Related: $0
  • Other: $819
William Finnen (General Manager)
  • Compensation: $123,800
  • Related: $0
  • Other: $5,929


Official website here: www.thelakegeorgeclub.com

Where can I find the form 990 for The Lake George Club?

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


Official website here: www.thelakegeorgeclub.com

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

Mission Statement of The Lake George Club

The Lake George Club is dedicated to operating a members-only social, sailing, swimming, and tennis club. This prestigious institution provides its members with a haven for leisure activities, fostering a sense of camaraderie and community. The mission of The Lake George Club is to maintain an environment where members can enjoy their preferred recreational pursuits, including socializing, sailing, swimming, and playing tennis. The club's operation is centered around this multifaceted objective, ensuring that its members have a fulfilling and engaging experience.

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Impact




October, 2024

The Lake George Club fosters a strong sense of community among its members by providing a space for social interaction, recreation, and relaxation. Located in Diamond Point, NY, the club offers a picturesque setting for sailing, swimming, and tennis, creating opportunities for members to engage in healthy, outdoor activities together.

Through organized events and sports, the club promotes a lifestyle centered around recreation and camaraderie. The exclusive nature of the club allows for a close-knit environment where members can cultivate friendships and connections, enhancing the overall community spirit. The Lake George Club's impact extends beyond individual well-being, contributing to the local economy by attracting members and visitors who appreciate the unique offerings of the area. Through its activities and facilities, the club not only enriches the lives of its members but also strengthens the fabric of the surrounding community.




This information is meant to be a general summary of The Lake George 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
$2,516,928 (2022)
Expenses
$2,434,098 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $26
  • Program Service Revenue: $1,352,801
  • Gross Receipts: $3,054,582

Assets and Liabilities:

  • Total Assets: $3,031,105
  • Total Liabilities: $356,682
  • Net Assets: $2,674,423

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Programs

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

MEMBERSHIP DUES

Revenue

$1,213,022

TENNIS

Revenue

$57,509

SAILING

Revenue

$56,737

MINIMUM CHARGE INCOME

Revenue

$20,033

SWIMMING

Revenue

$5,500

Organization Details

Founding Year

1908

Principal Officer

Joan Sullivan

Main Address

PO BOX 175, DIAMOND POINT, NY, 128240175

NTEE Category

Code: N50 - Recreation

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