Ocean Beach & Yacht Club Unit 2

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

EIN: 210628421 ✦ Lavallette, NJ ✦ Designated as a 501(c)(7)

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Overview

What is Ocean Beach & Yacht Club Unit 2?

Ocean Beach & Yacht Club Unit 2 is a nonprofit organization situated in Lavallette, New Jersey. With a workforce of 48 individuals, their primary mission involves managing the club's beaches, enforcing bylaws, and ensuring a safe community for its members. This includes conducting operations, ensuring the safety of bathers, and enforcing deed and building restrictions through legal action when necessary. The exact nature of the club isn't explicitly stated, but it seems to provide a beach and clubhouse environment for its members, with a strong emphasis on adhering to rules and regulations.

Is Ocean Beach & Yacht Club Unit 2 legitimate?

Ocean Beach & Yacht Club Unit 2 is a legitimate nonprofit organization registered as a 501(c)(7) entity. Ocean Beach & Yacht Club Unit 2 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: $202,264

For more financial information, click here

What is the mission statement of Ocean Beach & Yacht Club Unit 2?

Ocean Beach & Yacht Club Unit 2's mission is centered around managing its beaches and maintaining a safe community. This involves enforcing the club's bylaws and deed and building restrictions. The club operates for its members, ensuring the safety of bathers, and resorts to legal action when necessary to uphold these restrictions. Overall, the club's primary goal is to maintain a well-regulated and secure environment for its members.

Who is the CEO of Ocean Beach & Yacht Club Unit 2?

Eileen Barron is the President of Ocean Beach & Yacht Club Unit 2.

What is the revenue of Ocean Beach & Yacht Club Unit 2?

Ocean Beach & Yacht Club Unit 2's revenue in 2022 was $457,612.

Who are the executives of Ocean Beach & Yacht Club Unit 2 and what are their salaries?

The average compensation at Ocean Beach & Yacht Club Unit 2 during 2022 was $4,214. There are 48 employees at Ocean Beach & Yacht Club Unit 2.


Here are 9 key members and their salaries:


Eileen Barron (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Skwarek (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlotte Flohl (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Bouziotis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Fiore (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Loomis (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Mercurio (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Mccorrison (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Lindner (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ocean Beach & Yacht Club Unit 2?

Ocean Beach & Yacht Club Unit 2's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ocean Beach & Yacht Club Unit 2

Ocean Beach & Yacht Club Unit 2 is dedicated to managing the club's beaches and clubhouse, ensuring the safety of its members and bathers, and enforcing the deed and building restrictions. The organization carries out its mission by conducting club operations, ensuring the well-being of its members, and enforcing the bylaws through legal action when necessary. The primary goal of Ocean Beach & Yacht Club Unit 2 is to maintain a safe and regulated environment for its members, while adhering to the deed and building restrictions. This involves enforcing rules and regulations to maintain the club's integrity and preserve the quality of its facilities for future generations.

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Impact




October, 2024

Ocean Beach & Yacht Club Unit 2 significantly contributes to the community by managing local beaches and the clubhouse, enhancing recreational opportunities for its members. By ensuring the safety of bathers, the club promotes a secure environment for residents and visitors, facilitating enjoyable leisure activities.

Additionally, the enforcement of deed and building restrictions helps maintain the aesthetic integrity and property values of the area. This legal oversight fosters a stable community by ensuring compliance with established standards, ultimately benefiting all stakeholders. The club's operations focus on providing a well-maintained recreational space, thereby enriching the quality of life in Lavallette, NJ.




This information is meant to be a general summary of Ocean Beach & Yacht Club Unit 2. 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
$457,612 (2022)
Expenses
$403,252 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $478
  • Program Service Revenue: $35,210
  • Gross Receipts: $489,188

Assets and Liabilities:

  • Total Assets: $737,294
  • Total Liabilities: $6,101
  • Net Assets: $731,193

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Programs

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

BEACH BADGE SALES

Revenue

$32,710

ICE CREAM COMMISSION

Revenue

$2,500

Organization Details

Founding Year

1948

Principal Officer

Eileen Barron

Main Address

PO BOX 92, LAVALLETTE, NJ, 08735

NTEE Category

Code: N50 - Recreation

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