Overview
What is Lake Valhalla Club?
Lake Valhalla Club is a distinguished tennis and swim country club, situated in an unspecified location. Its primary purpose is to offer recreational and social activities for its members and their guests. The club's mission revolves around providing a welcoming environment that encourages camaraderie and leisurely pursuits, ensuring an enjoyable experience for all its patrons.
Official website here: www.lakevalhallaclub.com
Is Lake Valhalla Club legitimate?
Lake Valhalla Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lake Valhalla 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: $1,538,066
For more financial information, click here
Official website here: www.lakevalhallaclub.com
What is the mission statement of Lake Valhalla Club?
The Lake Valhalla Club's mission is centered around providing a platform for recreational and social activities, catering to its members and their guests. This prestigious establishment, known for its tennis and swim facilities, strives to create an engaging environment where members can enjoy leisure time and build social connections.
Official website here: www.lakevalhallaclub.com
What is the revenue of Lake Valhalla Club?
Lake Valhalla Club's revenue in 2023 was $3,087,237.
Official website here: www.lakevalhallaclub.com
Who are the executives of Lake Valhalla Club and what are their salaries?
The average compensation at Lake Valhalla Club during 2023 was $12,305. There are 125 employees and 20 volunteers at Lake Valhalla Club.
Here are 7 key members and their salaries:
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Official website here: www.lakevalhallaclub.com
Where can I find the form 990 for Lake Valhalla Club?
Lake Valhalla Club's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lakevalhallaclub.com
Learn more at the official website: www.lakevalhallaclub.com
Mission Statement of Lake Valhalla Club
Lake Valhalla Club, a distinguished tennis and swim country club, is dedicated to offering recreational and social activities for its members and their guests. The primary mission of this esteemed organization is to provide an engaging and enjoyable environment, fostering camaraderie and shared experiences among its members. By organizing various recreational activities, the club encourages its members to connect, build relationships, and create lasting memories.
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Impact
October, 2024
Lake Valhalla Club enhances the community by offering a vibrant space for recreational and social activities. Located in Montville, NJ, this tennis and swim country club serves as a gathering place for members and their guests, promoting physical health through sports and fostering social connections. The club encourages an active lifestyle, allows for leisurely enjoyment, and strengthens community bonds through its variety of activities. By providing such amenities, Lake Valhalla Club significantly contributes to the well-being and enjoyment of its members, creating a sense of belonging and engagement within the community.
This information is meant to be a general summary of Lake Valhalla 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 2023.
- Investment Income: $47,477
- Program Service Revenue: $1,608,626
- Gross Receipts: $3,630,500
Assets and Liabilities:
- Total Assets: $3,677,487
- Total Liabilities: $712,480
- Net Assets: $2,965,007
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,056,226
RENOVATION ASSESSMENT
Revenue
$456,600
AUXILIARY DUES
Revenue
$75,300
INITIATION FEES
Revenue
$20,500
Organization Details
Founding Year
1968
Principal Officer
Daniel Richards
Website
www.lakevalhallaclub.comNTEE Category
Code: N50 - Recreation
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