Cape May Tennis Club

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

EIN: 510246471 ✦ Cape may, NJ ✦ Designated as a 501(c)(4)

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Overview

What is Cape May Tennis Club?

The Cape May Tennis Club, located at 1020 Washington Street, Cape May, New Jersey 08204, is a nonprofit organization dedicated to fostering tennis as a means of physical and social engagement for the community of Cape May. With a team of six individuals, the club actively promotes tennis activities, engaging the local youth through High School tournaments and lessons. Beyond competitive play, the club also encourages a social aspect, providing an enjoyable environment for tennis enthusiasts in the area.

Is Cape May Tennis Club legitimate?

Cape May Tennis Club is a legitimate nonprofit organization registered as a 501(c)(4) entity. Cape May Tennis 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: $84,620
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Cape May Tennis Club?

The Cape May Tennis Club's mission is centered around fostering tennis activities within the community. Specifically, they aim to engage the local youth of Cape May, New Jersey, by organizing High School tournaments, providing tennis lessons, and encouraging general social participation in the sport. Their objective is to encourage tennis as a means of physical activity and social interaction among the city's residents.

What is the revenue of Cape May Tennis Club?

Cape May Tennis Club's revenue in 2023 was $201,408.

Who are the executives of Cape May Tennis Club and what are their salaries?

The average compensation at Cape May Tennis Club during 2023 was $16,924. There are 5 employees and 8 volunteers at Cape May Tennis Club.

Here are 5 key members and their salaries:


Scott Maslow (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Lavecchia (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Villa (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Grogan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cyril Cummings (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cape May Tennis Club?

Cape May Tennis Club's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Cape May Tennis Club

The Cape May Tennis Club, as a nonprofit organization, is committed to fostering tennis activities within the City of Cape May, New Jersey. Its mission is multifaceted, encompassing the promotion of high school tournaments, tennis lessons, and providing a platform for general social interaction among the local youth. By engaging in these activities, the club aims to encourage tennis as a means of physical exercise and social bonding among the city's residents, particularly its younger population.

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Impact




October, 2024

Cape May Tennis Club significantly enhances the community by promoting tennis as both a physical activity and a social engagement platform for residents of Cape May, NJ. By organizing high school tournaments and tennis lessons, the club fosters a spirit of competition and teamwork among local youth. This focus on sports not only contributes to physical fitness but also encourages social interaction and community bonding, helping to cultivate relationships and lifelong skills among participants. The club serves as a vibrant hub for local recreation, bringing together individuals of all ages to share their passion for tennis while enriching the cultural fabric of Cape May.




This information is meant to be a general summary of Cape May Tennis 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
$201,408 (2023)
Expenses
$189,092 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,075
  • Program Service Revenue: $51,708
  • Gross Receipts: $203,247

Assets and Liabilities:

  • Total Assets: $356,298
  • Total Liabilities: $42,816
  • Net Assets: $313,482

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Programs

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

Daily Court Fees

Revenue

$43,316

Tennis Lessons

Revenue

$8,392

Organization Details

Founding Year

1962

Principal Officer

Dennis Grogan

NTEE Category

Code: N66 - Recreation

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