Elberon Bathing Club

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

EIN: 210444825 ✦ Elberon, NJ ✦ Designated as a 501(c)(7)

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Overview

What is Elberon Bathing Club?

The Elberon Bathing Club is a social organization, functioning as a club. Although the provided information is limited, it suggests that the club operates in a manner akin to a nonprofit, as it does not seem to have a commercial purpose. The club's primary activity, as stated, is to operate as a social club, offering a space for individuals to interact and engage in social activities. However, more specific details about the club's mission, impact, or the services it provides are not available in the provided information.

Is Elberon Bathing Club legitimate?

Elberon Bathing Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Elberon Bathing 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: $27,575

For more financial information, click here

What is the mission statement of Elberon Bathing Club?

The Elberon Bathing Club operates with a mission of functioning as a social club. In essence, it provides a platform for individuals to interact and engage in social activities. The specific objectives or goals of the club are not explicitly stated in the provided information.

Who is the CEO of Elberon Bathing Club?

Robert Fagenson is the President of Elberon Bathing Club.

What is the revenue of Elberon Bathing Club?

Elberon Bathing Club's revenue in 2022 was $866,444.

Who are the executives of Elberon Bathing Club and what are their salaries?

The average compensation at Elberon Bathing Club during 2022 was $3,939. There are 7 employees and 5 volunteers at Elberon Bathing Club.


Here are 5 key members and their salaries:


Robert Fagenson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Solomon Greenspan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norman Glassman (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Guadagno (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Schwartz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Elberon Bathing Club?

Elberon Bathing Club's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Elberon Bathing Club

Elberon Bathing Club, as a social club, does not have a specific mission focused on health, education, or advocacy like some other organizations. Instead, it operates primarily as a social space for its members. The provided information does not detail the activities or purposes within the club, leaving its mission and objectives somewhat unclear. However, based on the title 'Social Club,' it can be inferred that Elberon Bathing Club aims to provide a social environment for its members to interact, network, and engage in various activities.

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Impact




October, 2024

The Elberon Bathing Club fosters community and social interaction among residents and visitors of Elberon, NJ, by serving as a vibrant social hub. By operating as a social club, it provides opportunities for individuals to connect, engage in recreational activities, and form lasting relationships. This emphasis on recreation not only enhances the quality of life for its members but also contributes to the overall sense of community in the area, encouraging a healthier, more active lifestyle. The club’s impact extends beyond its immediate members, promoting local tourism and supporting the local economy through its activities and events.




This information is meant to be a general summary of Elberon Bathing 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
$866,444 (2022)
Expenses
$787,106 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,681
  • Gross Receipts: $866,444

Assets and Liabilities:

  • Total Assets: $1,599,339
  • Total Liabilities: $686,228
  • Net Assets: $913,111

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Organization Details

Founding Year

1943

Principal Officer

Robert Fagenson

Main Address

1285 Ocean Avenue, Elberon, NJ, 07740

NTEE Category

Code: N50 - Recreation

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