Overview
What is Detroit Athletic Club?
Detroit Athletic Club is a distinguished private membership organization based in Detroit, Michigan. Their mission is to provide approximately 5,100 members with enriching experiences that foster meaningful relationships, personal and professional growth, and celebrate culture in the heart of Detroit. The nonprofit offers various pleasurable, recreational, and social opportunities, as stated in their paraphrased description as "the most sought-after experience in Detroit." The organization, with 663 employees, is committed to creating an engaging atmosphere for its members.
Official website here: www.thedac.com
Is Detroit Athletic Club legitimate?
Detroit Athletic Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Detroit Athletic 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: $1,187,888
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,271,188
For more financial information, click here
Official website here: www.thedac.com
What is the mission statement of Detroit Athletic Club?
The Detroit Athletic Club is dedicated to crafting enriching experiences that foster meaningful relationships and promote personal and professional growth. By providing a distinguished private club experience, it celebrates humanity in the heart of the city. The mission of the club is to offer its members approximately 5,100 in number, with pleasure, recreation, and social opportunities that enrich their lives.
Official website here: www.thedac.com
What is the revenue of Detroit Athletic Club?
Detroit Athletic Club's revenue in 2023 was $45,906,366.
Official website here: www.thedac.com
Who are the executives of Detroit Athletic Club and what are their salaries?
The average compensation at Detroit Athletic Club during 2023 was $29,663. There are 656 employees at Detroit Athletic Club.
Here are 26 key members and their salaries:
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- Compensation: $149,572
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- Other: $26,032
Official website here: www.thedac.com
Where can I find the form 990 for Detroit Athletic Club?
Detroit Athletic Club's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thedac.com
Learn more at the official website: www.thedac.com
Mission Statement of Detroit Athletic Club
The Detroit Athletic Club, a distinguished private institution, is dedicated to enriching lives and fostering meaningful relationships. Their mission is threefold: creating life-enhancing experiences, fostering personal and professional growth, and celebrating culture in Detroit.
Through their diverse range of offerings, the Detroit Athletic Club provides an unparalleled experience for its approximately 5,100 members. The club offers opportunities for pleasure, recreation, and social interaction, allowing individuals to build connections and expand their networks. The Detroit Athletic Club's commitment to growth extends beyond personal development, as it also champions professional advancement by offering resources and platforms for professional growth.
The club's mission goes beyond the mere provision of amenities and experiences. It is a place where individuals can celebrate culture and engage in community. The Detroit Athletic Club stands as a beacon of human connection, allowing members to build lasting relationships and create cherished memories. By offering a unique and sought-after experience, the Detroit Athletic Club fosters an atmosphere of inclusivity, growth, and celebration in the heart of the city.
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Impact
October, 2024
The Detroit Athletic Club plays a vital role in enhancing the social and cultural fabric of the city. By offering a distinguished environment dedicated to recreation and pleasure, it serves as a hub for approximately 5,100 members to forge meaningful relationships and engage in personal and professional growth.
With a focus on life-enriching experiences, the club fosters a sense of community and belonging among its members, facilitating networking and collaboration across diverse fields. Additionally, the club celebrates culture and promotes well-being through various recreational activities, contributing positively to the overall quality of life in Detroit.
As one of the most sought-after establishments in the region, the Detroit Athletic Club not only enriches the lives of its members but also supports the local economy and elevates Detroit's status as a vibrant, culturally rich city.
This information is meant to be a general summary of Detroit Athletic 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: -$256,741
- Program Service Revenue: $34,799,273
- Gross Receipts: $52,943,198
Assets and Liabilities:
- Total Assets: $67,757,018
- Total Liabilities: $15,168,669
- Net Assets: $52,588,349
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$26,849,725
ATHLETIC SERVICES
Revenue
$2,951,725
ROOM RENTAL
Revenue
$2,100,485
NEWSLETTER
Revenue
$1,073,495
SPECIAL EVENTS
Revenue
$547,888
Organization Details
Founding Year
1931
Phone
(313) 963-9200Principal Officer
Charles Johnson
Main Address
241 MADISON AVENUE, DETROIT, MI, 48226
Website
www.thedac.comNTEE Category
Code: N50 - Recreation
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