Overview
What is The Cleveland Racquet Club Inc?
The Cleveland Racquet Club Inc, established in 1964, is a nonprofit organization located at 29825 Chagrin Boulevard, Pepper Pike, Ohio 44124. With a primary focus on promoting racquet sports, it provides high-quality facilities for various racquet ball games and family entertainment. The club's main objective is to stimulate interest in racquet sports, foster new associations, and encourage family enjoyment, as well as enhance skills and competitive play. As of September 30, 2022, the club boasts 661 active members and employs a team of 115 individuals.
Official website here: www.clevelandracquet.com
Is The Cleveland Racquet Club Inc legitimate?
The Cleveland Racquet Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. The Cleveland Racquet 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: $277,221
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,278,268
For more financial information, click here
Official website here: www.clevelandracquet.com
What is the mission statement of The Cleveland Racquet Club Inc?
The Cleveland Racquet Club Inc, established in 1964, has a primary objective of fostering a greater interest in racquet sports. Its mission encompasses the creation of new associations, encouraging family enjoyment, and developing better racquet skills and competitive play. The club strives to promote racquet sports and provides high-quality facilities for racquet ball games and family entertainment. As of September 30, 2022, the club had 661 active members.
Official website here: www.clevelandracquet.com
Who is the CEO of The Cleveland Racquet Club Inc?
Joseph V Degrandis Jr is the President of The Cleveland Racquet Club Inc.
Official website here: www.clevelandracquet.com
What is the revenue of The Cleveland Racquet Club Inc?
The Cleveland Racquet Club Inc's revenue in 2022 was $5,673,833.
Official website here: www.clevelandracquet.com
Who are the executives of The Cleveland Racquet Club Inc and what are their salaries?
The average compensation at The Cleveland Racquet Club Inc during 2022 was $22,222. There are 115 employees at The Cleveland Racquet Club Inc.
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Official website here: www.clevelandracquet.com
Where can I find the form 990 for The Cleveland Racquet Club Inc?
The Cleveland Racquet Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.clevelandracquet.com
Learn more at the official website: www.clevelandracquet.com
Mission Statement of The Cleveland Racquet Club Inc
The Cleveland Racquet Club Inc, established in 1964, has a primary objective of fostering a greater interest in racquet sports. This esteemed organization's mission lies in the creation of new associations, encouraging family enjoyment, and nurturing the development of better racquet skills and competitive play. By promoting racquet sports, The Cleveland Racquet Club Inc aims to provide quality facilities for various racquet ball sports and family entertainment, catering to its 661 active members as of September 30, 2022.
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Impact
October, 2024
The Cleveland Racquet Club Inc plays a significant role in promoting racquet sports and fostering community engagement in Pepper Pike, OH. By focusing on enhancing interest in racquet sports, the club not only provides quality facilities for racquetball and other related activities but also creates an environment where families can come together for recreational enjoyment. With 661 active members, the club serves as a hub for individuals to develop their racquet skills and engage in competitive play, thereby cultivating a vibrant sports culture in the community.
Established in 1964, the club's mission emphasizes the importance of forming new associations and building a supportive network for players of all skill levels. This commitment to development and family involvement ensures that the club is a place where lifelong friendships are formed, and health and fitness are prioritized through active participation in racquet sports. Overall, The Cleveland Racquet Club Inc significantly enriches the local community by promoting healthier lifestyles and providing a welcoming space for sports enthusiasts.
This information is meant to be a general summary of The Cleveland Racquet 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$78,354
- Program Service Revenue: $5,450,631
- Gross Receipts: $6,244,082
Assets and Liabilities:
- Total Assets: $4,701,814
- Total Liabilities: $2,387,186
- Net Assets: $2,314,628
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$3,874,579
PROGRAM SERVICES
Revenue
$1,576,052
Organization Details
Founding Year
1964
Phone
(216) 831-2155Principal Officer
Joseph V Degrandis Jr
Main Address
29825 CHAGRIN BOULEVARD, PEPPER PIKE, OH, 44124
Website
www.clevelandracquet.comNTEE Category
Code: N66 - Recreation
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