Overview
What is Fairmount Country Club?
Fairmount Country Club is a membership-based organization, situated in an unspecified location. Its primary purpose is to offer social and athletic amenities to its members. Funding for the club comes from membership dues, fees, and charges related to the use of these facilities. The club's mission is deeply rooted in providing an environment where members can engage in social activities and sports, fostering a sense of community among its members.
Official website here: www.fairmountcc.com
Is Fairmount Country Club legitimate?
Fairmount Country Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Fairmount 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: $491,172
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,376,707
For more financial information, click here
Official website here: www.fairmountcc.com
What is the mission statement of Fairmount Country Club?
The Fairmount Country Club is committed to serving its members by offering both social and athletic facilities. This private club is financially sustained through membership dues, fees, and charges for utilizing the available amenities. Its primary objective is to cater to the recreational and sports needs of its members. The club strives to provide an environment that fosters social interaction and physical activities among its members.
Official website here: www.fairmountcc.com
What is the revenue of Fairmount Country Club?
Fairmount Country Club's revenue in 2024 was $11,661,053.
Official website here: www.fairmountcc.com
Who are the executives of Fairmount Country Club and what are their salaries?
The average compensation at Fairmount Country Club during 2024 was $21,350. There are 228 employees and 12 volunteers at Fairmount Country Club.
Here are 19 key members and their salaries:
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- Compensation: $176,462
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- Compensation: $172,500
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- Other: $30,566
- Compensation: $151,800
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- Other: $28,749
- Compensation: $133,250
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- Other: $26,149
- Compensation: $258,502
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- Other: $31,252
- Compensation: $160,646
- Related: $0
- Other: $29,144
- Compensation: $101,000
- Related: $0
- Other: $0
Official website here: www.fairmountcc.com
Where can I find the form 990 for Fairmount Country Club?
Fairmount Country Club's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.fairmountcc.com
Learn more at the official website: www.fairmountcc.com
Mission Statement of Fairmount Country Club
Fairmount Country Club, a membership-based organization, is committed to offering both social and athletic facilities to its members. The club operates on a funding model that relies on member contributions in the form of dues, fees, and charges for utilizing the available facilities. The primary mission of Fairmount Country Club is to cater to the recreational and athletic needs of its members, providing them with a conducive environment for socializing and engaging in various sports activities.
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Impact
October, 2024
Fairmount Country Club plays a significant role in enhancing community engagement and well-being in Chatham, NJ. By providing social and athletic facilities, the Club fosters a sense of community among its members, encouraging social interaction and networking. Its variety of recreational options promotes physical health and well-being, offering members an environment to stay active and engaged.
The Club supports local economies by generating revenue through dues, fees, and charges for facility use. By serving as a hub for social and athletic activities, it not only enhances the quality of life for its members but also attracts visitors and new residents to the area, contributing to the local community's vibrancy. Overall, Fairmount Country Club serves as a vital space for recreation, socialization, and community development.
This information is meant to be a general summary of Fairmount 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $81,194
- Program Service Revenue: $8,132,269
- Gross Receipts: $12,684,331
Assets and Liabilities:
- Total Assets: $19,011,415
- Total Liabilities: $9,613,230
- Net Assets: $9,398,185
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$5,571,289
INITIATION FEES
Revenue
$1,438,500
CAPITAL IMPROV. PROGRAM MORTGAGE
Revenue
$1,122,480
Organization Details
Founding Year
1958
Principal Officer
Peter Nejes
Website
www.fairmountcc.comNTEE Category
Code: N50 - Recreation
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