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Cape May Marlin & Tuna Club Inc

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

EIN: 222255105 ✦ Cape may, NJ ✦ Designated as a 501(c)(7)

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Overview

What is Cape May Marlin & Tuna Club Inc?

Cape May Marlin & Tuna Club Inc is a nonprofit organization situated in Cape May, New Jersey. Its primary goal is to establish and sustain a private club for the leisure and social satisfaction of its members, while simultaneously promoting fishing activities in Cape May County and its surrounding waters. The club fosters a collaborative relationship with other clubs and organizations engaged in the sport of fishing, providing its members with clubhouse facilities and meeting rooms. The organization's mission encompasses the establishment and maintenance of a mutually beneficial partnership with these clubs.

Is Cape May Marlin & Tuna Club Inc legitimate?

Cape May Marlin & Tuna Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Cape May Marlin & Tuna 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: $50,874

For more financial information, click here

What is the mission statement of Cape May Marlin & Tuna Club Inc?

The Cape May Marlin & Tuna Club Inc has a mission to establish and sustain a private club, providing recreational and social enjoyment for its members. This organization also aims to promote fishing activities within Cape May County and its surrounding waters. Furthermore, the club seeks to foster a mutually beneficial relationship with other organizations involved in the sport of fishing. The club offers its members clubhouse facilities and meeting rooms for their use.

Who is the CEO of Cape May Marlin & Tuna Club Inc?

James Mccarthy is the Vice Preside of Cape May Marlin & Tuna Club Inc.

What is the revenue of Cape May Marlin & Tuna Club Inc?

Cape May Marlin & Tuna Club Inc's revenue in 2022 was $277,546.

Who are the executives of Cape May Marlin & Tuna Club Inc and what are their salaries?

The average compensation at Cape May Marlin & Tuna Club Inc during 2022 was $5,087. There are 10 employees at Cape May Marlin & Tuna Club Inc.


Here are 6 key members and their salaries:


Carl Ascoli (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nadya Gallagher (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Art Kushner (Asst Treasur)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Mccarthy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Riccardi (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Wise (Asst Secreta)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cape May Marlin & Tuna Club Inc?

Cape May Marlin & Tuna Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cape May Marlin & Tuna Club Inc

Cape May Marlin & Tuna Club Inc, as a nonprofit organization, is dedicated to establishing and maintaining a private club for its members. This club serves as a platform for recreational and social enjoyment, fostering a sense of camaraderie among its members. Beyond this, the club is committed to promoting fishing in Cape May County and its surrounding waters. It aims to build and sustain beneficial relationships with other organizations involved in the sport of fishing. By doing so, Cape May Marlin & Tuna Club Inc contributes to the wider fishing community and fosters a shared passion for the sport. The club provides its members with clubhouse facilities and meeting rooms, offering a welcoming space for its members to engage in their shared interests.

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Impact




October, 2024

Cape May Marlin & Tuna Club Inc fosters a vibrant community centered around recreational fishing and social engagement, significantly enhancing the local culture and economy in Cape May County. By providing a dedicated space for members, the club creates a sense of belonging and camaraderie among fishing enthusiasts.

The club plays a pivotal role in promoting fishing in the region, encouraging responsible practices and environmental stewardship among its members. This focus not only supports recreational opportunities but also contributes to the conservation of local marine resources, ensuring the sustainability of fishing activities for future generations.

Furthermore, Cape May Marlin & Tuna Club Inc actively collaborates with other fishing clubs and organizations, building a network that amplifies its impact on the sport. This cooperation facilitates shared knowledge, resources, and events, enriching the fishing community and enhancing the overall experience for participants.

Overall, this club serves as a cornerstone for recreational fishing in Cape May, driving both social enjoyment and ecological awareness, while equally stimulating local economic activity through events and tourism associated with fishing.




This information is meant to be a general summary of Cape May Marlin & Tuna 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.

Revenue
$277,546 (2022)
Expenses
$250,220 (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: $260,041
  • Gross Receipts: $277,546

Assets and Liabilities:

  • Total Assets: $160,844
  • Total Liabilities: $26,110
  • Net Assets: $134,734

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Programs

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

MEMBER BAR AND MERCH. SALES

Revenue

$106,571

FISHING TOURNAMENTS

Revenue

$79,550

ANNUAL DUES

Revenue

$61,575

BANQUET

Revenue

$12,345

Organization Details

Founding Year

1978

Principal Officer

James Mccarthy

Main Address

1390 LAFAYETTE STREET, CAPE MAY, NJ, 08204

NTEE Category

Code: N50 - Recreation

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