Inverness Recreation Club Inc

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

EIN: 520955920 ✦ Bethesda, MD ✦ Designated as a 501(c)(7)

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Overview

What is Inverness Recreation Club Inc?

Inverness Recreation Club Inc, located in Bethesda, Maryland, serves as a community gathering for local homeowners. Established with the primary goal of fostering recreation and social interaction, this nonprofit organization offers a variety of activities designed to engage its members. The club's mission remains centered around the association of area homeowners, cultivating a sense of camaraderie and shared experiences through its programming.


Official website here: www.invernessrecreationclub.org

Is Inverness Recreation Club Inc legitimate?

Inverness Recreation Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Inverness Recreation 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
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.invernessrecreationclub.org

What is the mission statement of Inverness Recreation Club Inc?

The Inverness Recreation Club Inc, serving as an association of local homeowners, is dedicated to providing recreational and social activities for its members. Its mission is centered around fostering camaraderie and leisure opportunities within the community. The club aims to facilitate enjoyable experiences and shared moments among its members, thereby enhancing their overall quality of life. The club's activities are designed to cater to various interests, promoting a sense of belonging and community engagement among its members.


Official website here: www.invernessrecreationclub.org

What is the revenue of Inverness Recreation Club Inc?

Inverness Recreation Club Inc's revenue in 2023 was $501,834.


Official website here: www.invernessrecreationclub.org

Who are the executives of Inverness Recreation Club Inc and what are their salaries?

There 50 volunteers at Inverness Recreation Club Inc.

Here are 6 key members and their salaries:


Jay Pearson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Kilner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Specht (V/P & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ariz Araji (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam De Souza (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Denney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.invernessrecreationclub.org

Where can I find the form 990 for Inverness Recreation Club Inc?

Inverness Recreation Club Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.invernessrecreationclub.org

Learn more at the official website: www.invernessrecreationclub.org

Mission Statement of Inverness Recreation Club Inc

Inverness Recreation Club Inc, as an organization of local homeowners, is primarily dedicated to offering recreational and social activities. This association aims to cater to the leisure needs and facilitate social interactions among its members. By providing a platform for recreation and social engagement, Inverness Recreation Club Inc seeks to enhance the quality of life for its members.

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Impact




October, 2024

Inverness Recreation Club Inc fosters community engagement by organizing recreational and social activities for local homeowners in Bethesda, MD. This association serves as a hub for residents to connect, promoting a sense of belonging and camaraderie among neighbors. Through its activities, the club enhances the quality of life in the area, encouraging physical wellness and social interaction. By creating opportunities for members to participate in various events, the club nurtures a vibrant community spirit, making Inverness a more enjoyable and connected place to live.




This information is meant to be a general summary of Inverness Recreation 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
$501,834 (2023)
Expenses
$430,440 (2023)
Efficiency

Other financial information:

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

  • Program Service Revenue: $57,426
  • Gross Receipts: $501,834

Assets and Liabilities:

  • Total Assets: $411,654
  • Total Liabilities: $500,696
  • Net Assets: -$89,042

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Programs

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

GUEST FEES

Revenue

$5,490

POOL PARTIES

Revenue

$5,225

SWIM TEAM DUES

Revenue

$46,711

TENNIS PROGRAM
VENDING MACHINE

Organization Details

Founding Year

1971

Principal Officer

Michael Specht

NTEE Category

Code: N50 - Recreation

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