Overview
What is Monterey Beach Club Inc?
Monterey Beach Club Inc, located in Lavallette, New Jersey, functions as a nonprofit association with a primary objective of preserving, promoting, and maintaining the shared amenities within its community. With a team of 15 dedicated individuals, the club is committed to ensuring the upkeep and enhancement of these common elements, thereby fostering a harmonious living environment for its members. The club's mission is a testament to its dedication to the betterment of its community, contributing to a cohesive and well-maintained neighborhood.
Is Monterey Beach Club Inc legitimate?
Monterey Beach Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Monterey Beach Club Inc 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: $83,032
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What is the mission statement of Monterey Beach Club Inc?
Monterey Beach Club Inc serves as an association with a primary objective to preserve, enhance, and maintain the common elements within its related community. The organization's mission is centered around ensuring the well-being and upkeep of shared facilities, fostering a sense of community, and promoting the collective interests of its members. By actively maintaining these common elements, Monterey Beach Club Inc contributes to a harmonious living environment that benefits all members.
Who is the CEO of Monterey Beach Club Inc?
Elizabeth Greco is the Secretary of Monterey Beach Club Inc.
What is the revenue of Monterey Beach Club Inc?
Monterey Beach Club Inc's revenue in 2022 was $161,407.
Who are the executives of Monterey Beach Club Inc and what are their salaries?
The average compensation at Monterey Beach Club Inc during 2022 was $5,535. There are 15 employees at Monterey Beach Club Inc.
Here are 10 key members and their salaries:
- Compensation: $400
- Related: $0
- Other: $0
- Compensation: $400
- Related: $0
- Other: $0
- Compensation: $300
- Related: $0
- Other: $0
- Compensation: $200
- Related: $0
- Other: $0
- Compensation: $150
- Related: $0
- Other: $0
- Compensation: $150
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Monterey Beach Club Inc?
Monterey Beach Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Monterey Beach Club Inc
Monterey Beach Club Inc, as a community association, is dedicated to preserving, promoting, and maintaining the common elements of the related community. Its mission is to ensure the upkeep and enhancement of shared facilities and amenities within the community, thereby fostering a harmonious living environment for its members. By taking an active role in the upkeep of these common elements, Monterey Beach Club Inc contributes to the overall value and appeal of the community, making it a desirable place to live for its members.
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Impact
October, 2024
Monterey Beach Club Inc plays a vital role in preserving and enhancing the community in Lavallette, NJ. By focusing on the maintenance and promotion of common elements within the area, the club fosters a sense of belonging and encourages residents to engage with their surroundings. This commitment not only enhances property values but also creates a more vibrant living environment for members and visitors alike.
The organization's efforts contribute to the overall quality of life in the community, providing residents with well-maintained shared spaces that are essential for recreation and social interaction. By organizing community events and initiatives, Monterey Beach Club Inc strengthens relationships among residents, fostering a cohesive and supportive neighborhood atmosphere. This engaging environment, combined with the emphasis on preserving the area's natural beauty and amenities, empowers local residents to take pride in their community, making it a more attractive place to live year-round.
This information is meant to be a general summary of Monterey Beach Club Inc. 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 2022.
- Investment Income: $29
- Program Service Revenue: $132,858
- Gross Receipts: $179,670
Assets and Liabilities:
- Total Assets: $442,323
- Total Liabilities: $1,083
- Net Assets: $441,240
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DUES & ASSESSMENTS - OTHER
Revenue
$126,084
BEACH FEES
Revenue
$6,774
Organization Details
Founding Year
1948
Phone
(732) 939-4880Principal Officer
Elizabeth Greco
Main Address
PO BOX 288, LAVALLETTE, NJ, 087350288
NTEE Category
Code: L50 - Housing
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