Beacon Hill Club

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

EIN: 221582044 ✦ Summit, NJ ✦ Designated as a 501(c)(7)

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Overview

What is Beacon Hill Club?

Beacon Hill Club is a community-focused organization situated in Summit, New Jersey. Its primary objective is to offer an environment where members can engage in a variety of sports activities. Beyond sports, the club also provides exceptional dining facilities, catering to both gourmet and casual preferences. Beacon Hill Club's offerings extend beyond recreation, including tax-exempt club activities, ensuring a well-rounded membership experience.


Official website here: www.beaconhillclub.org

Is Beacon Hill Club legitimate?

Beacon Hill Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Beacon Hill 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: $216,118
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,437,332

For more financial information, click here


Official website here: www.beaconhillclub.org

What is the mission statement of Beacon Hill Club?

The Beacon Hill Club's mission is to serve as a platform, encouraging its members to engage in a variety of sports activities. Additionally, the club offers the opportunity for members to enjoy both gourmet and casual dining experiences. The club, through its offerings, aims to provide an environment that allows members to fully utilize these facilities. Beacon Hill Club also hosts tax-exempt club activities, further enhancing the membership experience.


Official website here: www.beaconhillclub.org

Who is the CEO of Beacon Hill Club?

Jared Gross is the President of Beacon Hill Club.


Official website here: www.beaconhillclub.org

What is the revenue of Beacon Hill Club?

Beacon Hill Club's revenue in 2022 was $4,973,966.


Official website here: www.beaconhillclub.org

Who are the executives of Beacon Hill Club and what are their salaries?

The average compensation at Beacon Hill Club during 2022 was $15,517. There are 171 employees and 14 volunteers at Beacon Hill Club.


Here are 17 key members and their salaries:


Greg Mulligan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Walden (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Machir (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Gross (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Hatch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Chong (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Walden (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alison Sorrentino (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Weldon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Novotny (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kc Artemenko (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ginny Lysiak (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Bugliari (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy Artemenko (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Mcdonald (General Manager)
  • Compensation: $207,000
  • Related: $0
  • Other: $6,146
Greg Morgan (Tennis & Paddle Pro)
  • Compensation: $188,832
  • Related: $0
  • Other: $517
Christian Vargas (Maintenace Manager)
  • Compensation: $110,000
  • Related: $0
  • Other: $16,392


Official website here: www.beaconhillclub.org

Where can I find the form 990 for Beacon Hill Club?

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


Official website here: www.beaconhillclub.org

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

Mission Statement of Beacon Hill Club

Beacon Hill Club, a multi-sport establishment, is dedicated to serving its members by offering an ideal environment for engaging in various sports activities. Its mission extends beyond physical pursuits, as it also provides members with the opportunity to indulge in gourmet and casual dining experiences. The club's programs encompass tax-exempt club activities, providing a comprehensive and enjoyable experience for its members.

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Impact




October, 2024

Beacon Hill Club significantly enhances the community by fostering a vibrant environment for sports and social engagement. Located in Summit, NJ, the club provides a well-structured setting where members can actively participate in various sports activities, promoting health and wellness among its members. The diverse range of athletic options encourages not only individual fitness but also teamwork and camaraderie among participants.

In addition to its athletic offerings, Beacon Hill Club boasts gourmet and casual dining facilities that enhance the overall experience for members. This dual focus on recreation and dining creates a welcoming atmosphere for members to relax and connect with others, thereby strengthening community ties. The club's commitment to providing tax-exempt club activities further underscores its role as a key recreational hub, making it accessible and appealing to a broader audience.

Overall, Beacon Hill Club impacts the Summit community by enriching lifestyles, promoting physical activity, and facilitating social interaction in a supportive and engaging environment.




This information is meant to be a general summary of Beacon Hill 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
$4,973,966 (2022)
Expenses
$4,989,563 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,674
  • Program Service Revenue: $2,574,704
  • Gross Receipts: $5,509,821

Assets and Liabilities:

  • Total Assets: $7,089,413
  • Total Liabilities: $2,444,548
  • Net Assets: $4,644,865

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Programs

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

MEMBERSHIP DUES

Revenue

$2,098,954

INITIATION FEES

Revenue

$475,750

Organization Details

Founding Year

1955

Principal Officer

Jared Gross

Main Address

250 HOBART AVENUE, SUMMIT, NJ, 07901

NTEE Category

Code: N50 - Recreation

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