Overview
What is Cloister Inn Of Princeton University?
Cloister Inn of Princeton University is a nonprofit organization located at 65 Prospect Avenue, Princeton, New Jersey. Established in 1912, its primary purpose is to provide an enriching experience for students and alumni of Princeton University. This is achieved through serving meals, offering accommodations, organizing social events, conducting educational activities, and providing recreational facilities. The Inn fosters an entrepreneurial spirit in its members, encouraging them to utilize the Inn as a launchpad for their passions. With a dedicated workforce of 18 individuals, Cloister Inn of Princeton University promotes a sense of community and personal development among its members.
Official website here: www.cloisterinn.com
Is Cloister Inn Of Princeton University legitimate?
Cloister Inn Of Princeton University is a legitimate nonprofit organization registered as a 501(c)(7) entity. Cloister Inn Of Princeton University 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: $350,173
For more financial information, click here
Official website here: www.cloisterinn.com
What is the mission statement of Cloister Inn Of Princeton University?
The Cloister Inn, established in 1912, encourages an entrepreneurial spirit among its members. It serves as a launching pad for its members, inspiring them to pursue their passions with fervor. As an eating club, the Cloister Inn provides meals, accommodation, parking facilities, a library, recreational areas, and hosts social events for students and alumni of Princeton University. Moreover, the Inn offers educational activities and recreational facilities, enriching the overall experience of its members.
Official website here: www.cloisterinn.com
What is the revenue of Cloister Inn Of Princeton University?
Cloister Inn Of Princeton University's revenue in 2024 was $872,045.
Official website here: www.cloisterinn.com
Who are the executives of Cloister Inn Of Princeton University and what are their salaries?
The average compensation at Cloister Inn Of Princeton University during 2024 was $25,012. There are 14 employees at Cloister Inn Of Princeton University.
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Official website here: www.cloisterinn.com
Where can I find the form 990 for Cloister Inn Of Princeton University?
Cloister Inn Of Princeton University's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.cloisterinn.com
Learn more at the official website: www.cloisterinn.com
Mission Statement of Cloister Inn Of Princeton University
Cloister Inn of Princeton University, established in 1912, is an eating club that fosters an entrepreneurial spirit among its members. The inn serves as a starting point for individuals passionately pursuing various endeavors. By providing meals, rooms, parking, a library, recreational facilities, and social events, Cloister Inn caters to the needs of students and alumni of Princeton University. The mission of Cloister Inn is to inspire its members to grow and develop, using the inn as a foundation for their personal and professional endeavors. It offers a unique and engaging environment, empowering its members to thrive and achieve their goals.
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Impact
October, 2024
Cloister Inn of Princeton University significantly enhances the student and alumni experience through its role as an eating club. Established in 1912, it serves as a communal hub where members can enjoy meals while fostering a spirit of entrepreneurship and collaboration. The inn not only provides sustenance but also offers a variety of facilities including rooms, parking, a library, and recreational spaces, creating a well-rounded environment for social interaction and academic support.
By hosting special events and catering functions, Cloister Inn cultivates opportunities for networking and personal development among its members. The club's dedication to creating an inclusive atmosphere allows students and alumni to connect, share ideas, and inspire one another in their various pursuits. Overall, Cloister Inn plays a vital role in enriching the university community through its commitment to social and educational engagement.
This information is meant to be a general summary of Cloister Inn Of Princeton University. 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.
- Investment Income: $5
- Program Service Revenue: $401,322
- Gross Receipts: $895,764
Assets and Liabilities:
- Total Assets: $587,268
- Total Liabilities: $401,487
- Net Assets: $185,781
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOARD FEES
Revenue
$340,570
HOUSE FEES
Revenue
$55,670
ALUMIN DUES
Revenue
$5,082
Organization Details
Founding Year
1912
Principal Officer
Mike Jackman
Website
www.cloisterinn.comNTEE Category
Code: B84 - Education
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