Overview
What is Cape Fear Club Inc?
Cape Fear Club Inc is a private, nonprofit organization, whose specific activities or mission details are not provided in the information provided. The description suggests that access to more detailed information may be available to registered users. However, based on the given data, it can be inferred that Cape Fear Club Inc operates as a private club, offering exclusive membership opportunities. The nonprofit's exact purpose, goals, or initiatives are not disclosed, as the information provided is limited to its status as a private club.
Is Cape Fear Club Inc legitimate?
Cape Fear Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Cape Fear 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: $368,236
For more financial information, click here
What is the mission statement of Cape Fear Club Inc?
Cape Fear Club Inc does not explicitly provide a mission statement in the given information. However, based on the "activityOrMissionDesc" being a private club, it can be inferred that the mission of Cape Fear Club Inc is to provide an exclusive membership experience, offering amenities and services for its members to enjoy and network within a private setting. The specific activities and initiatives of the club are not outlined in the provided data.
Who is the CEO of Cape Fear Club Inc?
Louis Burney is the President of Cape Fear Club Inc.
What is the revenue of Cape Fear Club Inc?
Cape Fear Club Inc's revenue in 2022 was $942,732.
Who are the executives of Cape Fear Club Inc and what are their salaries?
The average compensation at Cape Fear Club Inc during 2022 was $40,915. There are 9 employees at Cape Fear Club Inc.
Here are 8 key members and their salaries:
- Compensation: $91,252
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Cape Fear Club Inc?
Cape Fear Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cape Fear Club Inc
Cape Fear Club Inc, as stated in the provided information, is a private club. While it does not explicitly provide details about its mission or activities, it's important to note that the term "private club" typically implies that it's an organization that provides social, recreational, or other facilities for its membership. The mission or purpose of such clubs can vary widely, ranging from sports and leisure activities to networking and social events. However, without more specific information, it's not possible to provide a detailed summary of Cape Fear Club Inc's mission.
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Impact
October, 2024
Cape Fear Club Inc plays a vital role in the Wilmington community by providing a space for recreation and social engagement. As a private club, it fosters a sense of camaraderie among its members, creating opportunities for networking and collaboration within a welcoming environment. The club's focus on recreation encourages members to engage in various activities, promoting physical wellness and a balanced lifestyle.
Additionally, Cape Fear Club Inc contributes to the local economy by attracting members and visitors, as well as organizing events that encompass the unique culture of Wilmington. Its influence extends beyond recreational activities, enhancing community ties and supporting the overall vibrancy of the area.
This information is meant to be a general summary of Cape Fear 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.
- Investment Income: -$5,103
- Program Service Revenue: $832,139
- Gross Receipts: $1,240,357
Assets and Liabilities:
- Total Assets: $2,043,392
- Total Liabilities: $15,705
- Net Assets: $2,027,687
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER DUES
Revenue
$607,030
HOLLOWLEG FUND
Revenue
$93,099
INITIATION FEES
Revenue
$79,700
BUILDING RESERVE
Revenue
$49,710
HISTORY BOOK
Revenue
$2,600
Organization Details
Founding Year
1872
Phone
(910) 762-7448Principal Officer
Louis Burney
Main Address
206 CHESTNUT STREET, WILMINGTON, NC, 28401
NTEE Category
Code: N50 - Recreation
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