Newark Country Club

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

EIN: 510035715 ✦ Newark, DE ✦ Designated as a 501(c)(7)

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Overview

What is Newark Country Club?

Newark Country Club is a membership-based organization, serving 315 individuals, that primarily functions as a country club. It boasts a golf course with golf carts and locker room facilities, offering its members an enjoyable golfing experience. Beyond golf, the club caters to its members' needs by providing a dining room, grille, and lounge, offering food and beverage services. In essence, Newark Country Club serves as a social hub and recreational space for its members, offering both golfing and dining opportunities.


Official website here: www.newarkcc.com

Is Newark Country Club legitimate?

Newark Country Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Newark Country 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: $97,833
Professional Fundraising Fees: $0
Other Salaries and Wages: $541,842

For more financial information, click here


Official website here: www.newarkcc.com

What is the mission statement of Newark Country Club?

Newark Country Club serves as a hub for its 315 members, primarily focusing on the operation of a country club. Its primary activity involves a well-equipped golf course, complete with golf carts and locker room facilities. Beyond golfing, the club caters to its members' needs by offering food and beverage services. This is accomplished through a dining room, a grille, and a lounge, ensuring a comprehensive experience for its patrons.


Official website here: www.newarkcc.com

Who is the CEO of Newark Country Club?

Alex Kyourktchiev is the Vice-President of Newark Country Club.


Official website here: www.newarkcc.com

What is the revenue of Newark Country Club?

Newark Country Club's revenue in 2022 was $1,887,644.


Official website here: www.newarkcc.com

Who are the executives of Newark Country Club and what are their salaries?

The average compensation at Newark Country Club during 2022 was $8,763. There are 73 employees at Newark Country Club.


Here are 13 key members and their salaries:


Deborah Dickson (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Fox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Hoover (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Landon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Wagenschnur (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Perago (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Scherf (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Powers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Kluis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorne Shannon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee O'Leary (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Grantham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Kyourktchiev (Club Manager)
  • Compensation: $97,833
  • Related: $0
  • Other: $0


Official website here: www.newarkcc.com

Where can I find the form 990 for Newark Country Club?

Newark Country Club's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.newarkcc.com

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

Mission Statement of Newark Country Club

Newark Country Club, as an establishment, is dedicated to operating as a country club, offering its 315 members a golfing experience equipped with golf carts and well-maintained locker room facilities. Beyond golfing, the club goes the extra mile in catering to its members' needs by providing ample food and beverage services. These services include a dining room, grille, and lounge, ensuring that members can socialize and relax after a day on the golf course. The club's mission is to create a welcoming environment where members can enjoy their pastime while being well-fed and well-cared for.

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Impact




October, 2024

Newark Country Club significantly enhances the community by providing a premier recreational space that fosters social interaction and healthy activities. With its well-maintained golf course and essential amenities like golf carts and locker room facilities, it offers members a welcoming environment to unwind and engage in the sport. The club also contributes to local dining culture through its food and beverage services, which include a dining room, grille, and lounge. This not only supports the well-being of its 315 members but also creates a hub for community engagement and leisure. By facilitating both recreational and social opportunities, Newark Country Club plays a vital role in enriching the lives of its members and contributing to the local community's vibrancy.




This information is meant to be a general summary of Newark Country 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
$1,887,644 (2022)
Expenses
$1,594,341 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $180,782
  • Program Service Revenue: $1,468,464
  • Gross Receipts: $2,603,804

Assets and Liabilities:

  • Total Assets: $3,149,135
  • Total Liabilities: $1,742,747
  • Net Assets: $1,406,388

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$1,121,730

GOLF COURSE

Revenue

$331,818

OTHER INCOME

Revenue

$14,916

Organization Details

Founding Year

1921

Principal Officer

Alex Kyourktchiev

Main Address

300 WEST MAIN STREET, NEWARK, DE, 19711

NTEE Category

Code: N50 - Recreation

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