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Ridgewood Columbian Club

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

EIN: 226165882 ✦ Ridgewood, NJ ✦ Designated as a 501(c)(2)

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Overview

What is Ridgewood Columbian Club?

The Ridgewood Columbian Club is a nonprofit entity situated in Ridgewood, New Jersey. Overseen by Michael Megnin, its primary role is to manage property and generate rental income. This income is then entirely transferred to Knights of Columbus Council #1736, serving as a financial resource for this organization. The club's activities are limited to these functions, contributing to the local community through its association with the Knights of Columbus Council.

Is Ridgewood Columbian Club legitimate?

Ridgewood Columbian Club is a legitimate nonprofit organization registered as a 501(c)(2) entity. Ridgewood Columbian Club submitted a form 990EZ, 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.

What is the mission statement of Ridgewood Columbian Club?

The Ridgewood Columbian Club operates with a specific purpose. Its mission is primarily focused on serving as a title holder for property and generating rental income. This income is then transferred in its entirety to Knights of Columbus Council #1736. The club does not have a mission to provide services or support beyond these financial transactions. It operates as a facilitator for the Knights of Columbus Council, contributing financially to their operations.

Who is the CEO of Ridgewood Columbian Club?

Michael Megnin is the President of Ridgewood Columbian Club.

What is the revenue of Ridgewood Columbian Club?

Ridgewood Columbian Club's revenue in 2022 was $76,475.

Who are the executives of Ridgewood Columbian Club and what are their salaries?


Here are 3 key members and their salaries:


Michael Megnin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Ramos (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Mulvey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Ridgewood Columbian Club?

Ridgewood Columbian Club's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Ridgewood Columbian Club

The Ridgewood Columbian Club, led by Michael Megnin, operates with a singular mission. This mission primarily revolves around the management of property and the collection of rental income. The primary objective is to then forward the entire income collected to the Knights of Columbus Council #1736. The club's role is essentially to act as a facilitator, ensuring the smooth transfer of financial resources to its affiliated organization.

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Impact




October, 2024

Ridgewood Columbian Club plays a crucial role in supporting local community initiatives through its unique operations. By holding title to property and collecting rental income, the club channels its resources directly to the Knights of Columbus Council #1736. This financial contribution bolsters community improvement efforts and enables various programs and services that benefit residents of Ridgewood, NJ. Under the leadership of Michael Megnin, the club not only facilitates economic activity but also strengthens the social fabric of the area by fostering collaboration and support for local causes. The impact of their work resonates throughout the community, highlighting the importance of local organizations in driving positive change.




This information is meant to be a general summary of Ridgewood Columbian 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
$76,475 (2022)
Expenses
$55,734 (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: $76,475
  • Gross Receipts: $76,475

Assets and Liabilities:

  • Total Assets: $228,135
  • Total Liabilities: $0
  • Net Assets: $228,135

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Organization Details

Principal Officer

Michael Megnin

Main Address

PO Box 278, Ridgewood, NJ, 074510278

NTEE Category

Code: S47 - Community improvement

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