Green Brook Country Club

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

EIN: 221439904 ✦ North caldwell, NJ ✦ Designated as a 501(c)(7)

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Overview

What is Green Brook Country Club?

Green Brook Country Club is a private, nonprofit organization that previously operated as a country club. Despite its nonprofit status, the club has undergone a significant transformation. It has sold all its assets, leaving it open solely to distribute the remaining cash to its bond holders. The club's primary function as a recreational and social venue for its members has now shifted towards this financial distribution process.


Official website here: www.greenbrookcc.org

Is Green Brook Country Club legitimate?

Green Brook Country Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Green Brook Country 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: $0

For more financial information, click here


Official website here: www.greenbrookcc.org

What is the mission statement of Green Brook Country Club?

Green Brook Country Club, being a non-profit private country club, is currently operating with the sole purpose of distributing its remaining cash to its bond holders. Originally, the club was engaged in various activities, but it has sold all its assets and is now functioning in this limited capacity. The club's primary objective at this stage is to fulfill its financial obligations to its bond holders. Despite no longer actively engaging in club activities, Green Brook Country Club is committed to fulfilling its financial responsibilities.


Official website here: www.greenbrookcc.org

Who is the CEO of Green Brook Country Club?

Alan Karp is the President of Green Brook Country Club.


Official website here: www.greenbrookcc.org

What is the revenue of Green Brook Country Club?

Green Brook Country Club's revenue in 2022 was $81.


Official website here: www.greenbrookcc.org

Who are the executives of Green Brook Country Club and what are their salaries?


Here are 3 key members and their salaries:


Alan Karp (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hon Ned Rosenberg (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Bernstein (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.greenbrookcc.org

Where can I find the form 990 for Green Brook Country Club?

Green Brook Country Club's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.greenbrookcc.org

Learn more at the official website: www.greenbrookcc.org

Mission Statement of Green Brook Country Club

Green Brook Country Club, a formerly active non-profit private country club, has now sold all its assets and is operating solely to distribute the remaining cash to its bond holders. Initially established as a non-profit organization, the club's primary purpose was not explicitly specified in the provided information. However, at this current stage, Green Brook Country Club's mission has shifted to fulfilling its financial obligations to its bond holders, ensuring they receive their due share of the remaining funds.

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Impact




October, 2024

Green Brook Country Club has had a significant impact on the local community, primarily through its recreational offerings. As a private country club, it provided a space for members to engage in leisure activities, socialize, and foster relationships in a picturesque setting. The club was a hub for various events, golf tournaments, and gatherings, contributing to community cohesion and enhancing the quality of life for its members.

In recent developments, the club has transitioned to focus on fulfilling its financial obligations, specifically the distribution of remaining cash to bondholders. This shift marks the culmination of its operations, but it highlights the club's lasting influence on the local recreational landscape in North Caldwell, NJ. The community will likely feel the absence of its facilities and the social dynamics it fostered, demonstrating that even a club's closure can leave a notable legacy.




This information is meant to be a general summary of Green Brook Country 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
$81 (2022)
Expenses
$46,408 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $81
  • Gross Receipts: $81

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

1947

Principal Officer

Alan Karp

Main Address

100 GREENBROOK ROAD, NORTH CALDWELL, NJ, 07006

NTEE Category

Code: N50 - Recreation

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