5033 Bethpage Corporation

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

EIN: 510153499 ✦ Bethpage, NY ✦ Designated as a 501(c)(7)

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Overview

What is 5033 Bethpage Corporation?

5033 Bethpage Corporation is a nonprofit organization situated in Bethpage, New York. Their primary location is at 517 Central Avenue. The organization's primary focus is to operate facilities with charitable and fraternal objectives, as indicated by the description provided. They also engage in the sale of liquor at their premises, exclusively for the members of this organization. The information does not specify the exact nature of their charitable or fraternal activities, but it can be inferred that they utilize their premises for such purposes. The organization is reported to have a workforce of 20 employees.

Is 5033 Bethpage Corporation legitimate?

5033 Bethpage Corporation is a legitimate nonprofit organization registered as a 501(c)(7) entity. 5033 Bethpage Corporation 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: $35,108
Professional Fundraising Fees: $0
Other Salaries and Wages: $81,663

For more financial information, click here

What is the mission statement of 5033 Bethpage Corporation?

The 5033 Bethpage Corporation's primary purpose is to operate facilities for charitable and fraternal purposes. In line with this mission, they operate premises where liquor is sold exclusively for the members of the organization. The corporation's activities are centered around providing a space for charitable and fraternal activities, with the sale of liquor serving as a means to support these endeavors. The corporation does not disclose specific details about the nature of the charitable activities they support or the fraternal organization they serve.

Who is the CEO of 5033 Bethpage Corporation?

James Ward is the President of 5033 Bethpage Corporation.

What is the revenue of 5033 Bethpage Corporation?

5033 Bethpage Corporation's revenue in 2022 was $330,405.

Who are the executives of 5033 Bethpage Corporation and what are their salaries?

The average compensation at 5033 Bethpage Corporation during 2022 was $5,839. There are 20 employees and 12 volunteers at 5033 Bethpage Corporation.


Here are 15 key members and their salaries:


Steven Descovich (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Descovich (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Schiff (Bar Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Ward (Account Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Zaremba (Catering Manager)
  • Compensation: $36,839
  • Related: $0
  • Other: $0
Steve Derosa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Brooks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hank Hobbs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Kimber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Derosa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Interrante (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Kaim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick West (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Myers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for 5033 Bethpage Corporation?

5033 Bethpage Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of 5033 Bethpage Corporation

5033 Bethpage Corporation, as stated in its mission description, is dedicated to operating premises for both charitable and fraternal purposes. In essence, this organization utilizes its facilities to contribute positively to various communities and foster a sense of camaraderie among its members. Among its activities, the corporation sells liquor at its bar, exclusively for the enjoyment of its organization's members. This revenue-generating activity may serve multiple purposes, including funding charitable initiatives and strengthening the sense of community within the organization.

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Impact




October, 2024

5033 Bethpage Corporation plays a significant role in fostering community and camaraderie among its members in Bethpage, NY. By operating premises dedicated to charitable and fraternal purposes, the organization creates a space where individuals can gather, socialize, and support one another.

The sales of liquor at the bar facilitate a welcoming environment that encourages networking and bonding among members, enhancing social connections within the community. Additionally, the focus on charitable activities suggests that the organization likely participates in events or initiatives that benefit local causes or support community needs, further amplifying its positive impact.

Ultimately, 5033 Bethpage Corporation serves as a hub for mutual benefit, creating a sense of belonging and solidarity while promoting charitable efforts that strengthen the fabric of the local community.




This information is meant to be a general summary of 5033 Bethpage Corporation. 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
$330,405 (2022)
Expenses
$317,077 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6
  • Gross Receipts: $476,577

Assets and Liabilities:

  • Total Assets: $56,775
  • Total Liabilities: $24,229
  • Net Assets: $32,546

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Organization Details

Founding Year

1970

Principal Officer

James Ward

Main Address

517 CENTRAL AVENUE, BETHPAGE, NY, 11714

NTEE Category

Code: Y00 - Mutual benefit

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