Overview
What is Atlantic Club Inc?
Atlantic Club Inc is a nonprofit organization dedicated to facilitating self-help programs. Specifically, they offer a venue and sponsor activities for various 12-step and self-help groups, with over 60 individuals utilizing the facility each month for these endeavors. Their mission targets assisting individuals in their recovery and personal growth journey, providing a supportive space for community engagement and group activities.
Official website here: www.atlanticclubocmd.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
Atlantic Club Inc holds a 76% rating from Charity Navigator, achieving a Three-Star designation. This score reflects a strong emphasis on accountability and finance, indicating that the organization practices financial transparency and has a solid financial health ratio. The organization has an independent board structure, with all members complying with the independence requirement, which further enhances trust in its governance.
The nonprofit is commended for its complete program expense ratio of 100%, suggesting that all financial resources are directed toward its programs rather than administrative costs. Additionally, it has demonstrated good practices in areas such as material diversion of assets and the posting of required tax documents on its website. However, it lacks certain policies, including a conflict of interest and whistleblower policy, which could affect its overall governance score.
While Atlantic Club Inc shows strong financial stewardship and governance through its independent board and program focus, the absence of specific policies may signal areas for improvement. Addressing these policy gaps could enhance its accountability and reassure stakeholders about its commitment to responsible management.
This AI summary has been generated from information found on Charity Navigator.
Is Atlantic Club Inc legitimate?
Atlantic Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Atlantic 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.
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Official website here: www.atlanticclubocmd.org
What is the mission statement of Atlantic Club Inc?
Atlantic Club Inc is dedicated to facilitating self-help programs. They accomplish this by offering a meeting place and sponsoring activities for various 12-step and self-help organizations. Over 60 individuals make use of the facility for these programs each month. In essence, Atlantic Club Inc provides a supportive environment for individuals seeking help in various self-improvement groups.
Official website here: www.atlanticclubocmd.org
Who is the CEO of Atlantic Club Inc?
Paul Bradley is the Chairman of Atlantic Club Inc.
Official website here: www.atlanticclubocmd.org
What is the revenue of Atlantic Club Inc?
Atlantic Club Inc's revenue in 2023 was $157,696.
Official website here: www.atlanticclubocmd.org
Who are the executives of Atlantic Club Inc and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.atlanticclubocmd.org
Where can I find the form 990 for Atlantic Club Inc?
Atlantic Club Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.atlanticclubocmd.org
Learn more at the official website: www.atlanticclubocmd.org
Mission Statement of Atlantic Club Inc
The Atlantic Club Inc, a non-profit organization, is dedicated to facilitating self-help programs. By offering a meeting place and sponsoring activities, Atlantic Club supports various 12-step and self-help organizations. Approximately 60 individuals make use of the facility monthly for these purposes. Atlantic Club's mission is to create an environment conducive to healing and growth, fostering a community where individuals can find support and embark on their journey toward self-improvement.
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Impact
June, 2024
Atlantic Club Inc's impact lies in providing essential support and resources for individuals seeking help in managing their mental health and overcoming challenges through self-help programs. By facilitating a meeting place and sponsoring activities for various 12-step and self-help organizations, the club serves as a crucial hub for more than 60 people monthly in Ocean City, MD. This direct assistance in accessing support and guidance contributes significantly to the well-being and recovery of individuals struggling with mental health issues.
This information is meant to be a general summary of Atlantic 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 2023.
- Program Service Revenue: $94,615
- Gross Receipts: $157,696
Assets and Liabilities:
- Total Assets: $76,109
- Total Liabilities: $500
- Net Assets: $75,609
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEETING HALL
Revenue
$94,615
Organization Details
Phone
(410) 289-9100Principal Officer
Paul Bradley
Main Address
PO BOX 563, OCEAN CITY, MD, 218430563
Website
www.atlanticclubocmd.orgNTEE Category
Code: F20 - Mental health
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