Overview
What is The Old Georgetown Club Inc?
The Old Georgetown Club Inc, located in Bethesda, Maryland, is a member-driven nonprofit organization that primarily focuses on providing recreational activities and social functions. Established for recreational purposes, the club generates revenue through membership dues and fees, mainly from the usage of its swimming pool. With a team of 10 employees, the club ensures its members enjoy a variety of leisure activities and social events within its community.
Official website here: www.oldgeorgetownclub.com
Is The Old Georgetown Club Inc legitimate?
The Old Georgetown Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. The Old Georgetown 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: $0
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Other Salaries and Wages: $41,607
For more financial information, click here
Official website here: www.oldgeorgetownclub.com
What is the mission statement of The Old Georgetown Club Inc?
The Old Georgetown Club Inc is primarily organized and operated for recreational purposes. Its mission is to provide its members with a variety of recreational activities and social functions. The club generates its revenue mainly through charging its members membership dues and fees. The primary source of income for the club is derived from its members, which are utilized to cover all the costs associated with operating a swimming pool. The club offers its members a platform for leisure and social engagement.
Official website here: www.oldgeorgetownclub.com
Who is the CEO of The Old Georgetown Club Inc?
Ramy Fayed is the Director of The Old Georgetown Club Inc.
Official website here: www.oldgeorgetownclub.com
What is the revenue of The Old Georgetown Club Inc?
The Old Georgetown Club Inc's revenue in 2022 was $489,297.
Official website here: www.oldgeorgetownclub.com
Who are the executives of The Old Georgetown Club Inc and what are their salaries?
The average compensation at The Old Georgetown Club Inc during 2022 was $4,161. There are 10 employees and 17 volunteers at The Old Georgetown Club Inc.
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Official website here: www.oldgeorgetownclub.com
Where can I find the form 990 for The Old Georgetown Club Inc?
The Old Georgetown Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.oldgeorgetownclub.com
Learn more at the official website: www.oldgeorgetownclub.com
Mission Statement of The Old Georgetown Club Inc
The Old Georgetown Club Inc is dedicated to providing its members with recreational activities and social functions. This exclusive organization generates revenue to cover its operational costs, primarily through membership dues and fees. The club's primary source of income is derived from its members, ensuring its ability to maintain and operate a swimming pool for their enjoyment. The Old Georgetown Club Inc serves as a recreational sanctuary for its members, offering a variety of activities to enhance their leisure time and foster a sense of community.
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Impact
October, 2024
The Old Georgetown Club Inc fosters community engagement and social interaction through its diverse recreational activities and social functions. Located in Bethesda, MD, the club serves as a vibrant gathering space for its members, offering a venue where individuals can connect, network, and build friendships. By facilitating recreational opportunities, including access to a swimming pool, the club enhances the quality of life for its members, promoting physical health and social well-being.
Through the structure of membership dues and fees, the club not only sustains its operations but also ensures that it can continually provide a welcoming environment for recreational pursuits. This model encourages a sense of belonging and encourages active participation, thereby contributing to community cohesion. The Old Georgetown Club Inc plays a crucial role in enhancing the social fabric of the area, supporting a lifestyle centered around recreation and leisure.
This information is meant to be a general summary of The Old Georgetown 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $479,188
- Gross Receipts: $489,297
Assets and Liabilities:
- Total Assets: $1,101,346
- Total Liabilities: $384,498
- Net Assets: $716,848
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$408,277
SWIM & DIVE TEAM DUES
Revenue
$45,510
OTHER PROGRAM SERVICES
Revenue
$25,401
Organization Details
Founding Year
1956
Phone
(301) 469-9772Principal Officer
Ramy Fayed
Main Address
PO BOX 34529, BETHESDA, MD, 20827
Website
www.oldgeorgetownclub.comNTEE Category
Code: N50 - Recreation
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