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Sikar Lounge And Club Inc

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

EIN: 454101767 ✦ Wilmington, DE ✦ Designated as a 501(c)(7)

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Overview

What is Sikar Lounge And Club Inc?

Sikar Lounge And Club Inc, located in Wilmington, Delaware, is a nonprofit organization dedicated to promoting a deeper understanding and appreciation of fine cigars and tobacco. They offer a tranquil environment for the public, serving as a platform for education and enjoyment. With a team of 14 dedicated individuals, this organization advocates for social activities related to their niche, aiming to share their passion for these items with others.


Official website here: www.sikarlounge.com

Is Sikar Lounge And Club Inc legitimate?

Sikar Lounge And Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Sikar Lounge And 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: $59,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $105,821

For more financial information, click here


Official website here: www.sikarlounge.com

What is the mission statement of Sikar Lounge And Club Inc?

Sikar Lounge And Club Inc is dedicated to promoting the education and appreciation of fine cigars and tobacco. The organization advocates for social activities and has succeeded in fostering a greater understanding and appreciation of these products among the public. By providing a relaxing atmosphere, the club serves as a platform for individuals to engage in these activities, thereby enhancing their experience. The mission of Sikar Lounge And Club Inc is multifaceted, aiming to educate, appreciate, and advocate for the enjoyment of high-quality cigars and tobacco, all while offering a tranquil environment for its patrons.


Official website here: www.sikarlounge.com

Who is the CEO of Sikar Lounge And Club Inc?

Sunit Singh is the President of Sikar Lounge And Club Inc.


Official website here: www.sikarlounge.com

What is the revenue of Sikar Lounge And Club Inc?

Sikar Lounge And Club Inc's revenue in 2022 was $281,651.


Official website here: www.sikarlounge.com

Who are the executives of Sikar Lounge And Club Inc and what are their salaries?

The average compensation at Sikar Lounge And Club Inc during 2022 was $11,773. There are 14 employees at Sikar Lounge And Club Inc.


Here are 2 key members and their salaries:


Sunit Singh (President)
  • Compensation: $43,000
  • Related: $0
  • Other: $0
Manjoth Singh (Manager)
  • Compensation: $16,000
  • Related: $0
  • Other: $0


Official website here: www.sikarlounge.com

Where can I find the form 990 for Sikar Lounge And Club Inc?

Sikar Lounge And Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sikarlounge.com

Learn more at the official website: www.sikarlounge.com

Mission Statement of Sikar Lounge And Club Inc

Sikar Lounge and Club Inc, an exclusive establishment, is dedicated to fostering a deeper understanding and appreciation of premium cigars and tobacco. Their mission transcends beyond tobacco, extending to the promotion of social activities. The organization has successfully achieved its goal of enriching the public's knowledge about fine cigars and tobacco, all while providing a tranquil environment for relaxation. By organizing events and activities that revolve around these themes, Sikar Lounge and Club Inc serves as a hub for cigar aficionados and tobacco enthusiasts, allowing them to share their passion and learn from one another.

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Impact




October, 2024

Sikar Lounge and Club Inc has carved out a unique niche in Wilmington, DE, by fostering a community focused on the education and appreciation of fine cigars and tobacco. Through organized activities and events, the club promotes not only a deeper understanding of the nuances of cigars but also creates an inviting social atmosphere where enthusiasts can gather and share their passion. This focus enhances knowledge within the community, leading to greater appreciation for the art of cigar making and tobacco cultivation.

By providing a relaxing environment, Sikar Lounge and Club Inc serves as a social hub that encourages camaraderie and connection among its members. Its commitment to advocacy for social activities ensures that the club remains a vibrant part of the local culture, enriching the lives of those who participate. Overall, the impact of Sikar Lounge and Club Inc extends beyond mere enjoyment of its offerings; it cultivates a community of enthusiasts dedicated to the finer aspects of cigar appreciation while promoting social interaction and leisure.




This information is meant to be a general summary of Sikar Lounge And 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
$281,651 (2022)
Expenses
$304,216 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $490,378

Assets and Liabilities:

  • Total Assets: $175,795
  • Total Liabilities: $172,329
  • Net Assets: $3,466

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Organization Details

Founding Year

2015

Principal Officer

Sunit Singh

Main Address

1624B DELAWARE AVENUE, WILMINGTON, DE, 19806

NTEE Category

Code: N50 - Recreation

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