Breakwater Beach Club

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

EIN: 210693663 ✦ Elberon, NJ ✦ Designated as a 501(c)(7)

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Overview

What is Breakwater Beach Club?

Breakwater Beach Club is an entity situated in Elberon, New Jersey, primarily known for operating a beach club. While the provided information does not specify any additional missions, activities, or affiliations, it can be inferred that the club likely offers recreational and relaxation opportunities to its visitors. The description given hints at a limited view access for unregistered users, suggesting that the club may have some sort of online presence or registration system. However, without further details, it remains unclear what other aspects, if any, Breakwater Beach Club may involve.

Is Breakwater Beach Club legitimate?

Breakwater Beach Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Breakwater Beach 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: $314,459

For more financial information, click here

What is the mission statement of Breakwater Beach Club?

The Breakwater Beach Club's mission, as stated, is centered around the operation of a beach club. In simpler terms, the club's goal is to provide a beach club experience for its visitors. While the mission statement does not delve into specific details about the services or experiences offered, it is clear that the club's primary focus is on operating a successful beach club. The mission does not specify any particular goals related to community engagement, environmental sustainability, or other social initiatives, indicating that its focus is primarily on the operation of the beach club itself.

Who is the CEO of Breakwater Beach Club?

Stephen B Sachs is the President of Breakwater Beach Club.

What is the revenue of Breakwater Beach Club?

Breakwater Beach Club's revenue in 2022 was $1,162,790.

Who are the executives of Breakwater Beach Club and what are their salaries?

The average compensation at Breakwater Beach Club during 2022 was $9,827. There are 32 employees at Breakwater Beach Club.


Here are 9 key members and their salaries:


Stephen B Sachs (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marvin Talansky (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Breslow (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Kasson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Cooperstein (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Rosen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Ziperson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Villane (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Levy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Breakwater Beach Club?

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

Mission Statement of Breakwater Beach Club

Breakwater Beach Club, as stated in its mission, is dedicated to operating a beach club. This mission involves providing a venue for various activities, although the specifics of these activities are not provided in the information given. The club is not specified in terms of its focus on a particular group or cause, unlike other organizations discussed. Instead, its mission is centered around the operation of a beach club, offering a space for leisure and relaxation.

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Impact




October, 2024

Breakwater Beach Club plays a significant role in the Elberon, New Jersey community by providing a recreational haven for local residents and visitors. The beach club serves as a focal point for leisure activities, fostering a sense of community and connection among families.

By offering a space for relaxation and socialization, Breakwater Beach Club contributes to the overall well-being of its members. The club promotes a healthy lifestyle through outdoor activities, enhancing not only physical fitness but also mental wellness. Its operations support local tourism, driving economic activity in the area and providing jobs for residents.

Moreover, the beach club creates a welcoming environment where people of all ages can enjoy the sun, sand, and surf, making it an integral part of the community's social fabric and recreational landscape. Through these various avenues, Breakwater Beach Club significantly impacts the quality of life in Elberon and its surroundings.




This information is meant to be a general summary of Breakwater Beach 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
$1,162,790 (2022)
Expenses
$978,092 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $109,696
  • Gross Receipts: $1,162,790

Assets and Liabilities:

  • Total Assets: $732,567
  • Total Liabilities: $312,347
  • Net Assets: $420,220

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Programs

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

SERVICES

Revenue

$109,696

Organization Details

Founding Year

1960

Principal Officer

Stephen B Sachs

Main Address

1141 OCEAN AVENUE, ELBERON, NJ, 07740

NTEE Category

Code: N50 - Recreation

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