Hanover Seaside Club

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

EIN: 560733557 ✦ Wrightsville beach, NC ✦ Designated as a 501(c)(7)

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Overview

What is Hanover Seaside Club?

Hanover Seaside Club, situated in Wrightsville Beach, North Carolina, is a social club led by Juanita Sheppard. Its primary mission is to offer seaside recreational facilities to its members and their families. The club provides an atmosphere where members can engage in ocean-related activities, fostering a sense of community and relaxation. The club's activities are geared towards enhancing the overall experience of its members and their loved ones.


Official website here: www.hanoverseaside.club

Is Hanover Seaside Club legitimate?

Hanover Seaside Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Hanover Seaside 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: $51,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $224,663

For more financial information, click here


Official website here: www.hanoverseaside.club

What is the mission statement of Hanover Seaside Club?

The Hanover Seaside Club's mission is centered around providing recreational facilities by the ocean for the enjoyment of its members and their families. The club strives to create an environment that encourages ocean-side leisure activities, serving as a hub for its members' coastal relaxation and fun. The focus of the club is on offering facilities that cater to various recreational needs, enhancing the overall experience for its members and families.


Official website here: www.hanoverseaside.club

What is the revenue of Hanover Seaside Club?

Hanover Seaside Club's revenue in 2023 was $1,175,190.


Official website here: www.hanoverseaside.club

Who are the executives of Hanover Seaside Club and what are their salaries?

The average compensation at Hanover Seaside Club during 2023 was $10,210. There are 27 employees and 9 volunteers at Hanover Seaside Club.

Here are 10 key members and their salaries:


Juanita Sheppard (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elise Beall (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy Russell (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cher Pridgen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Wessell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Pearson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valrie Horton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Browing (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Jeremias (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregg Tolerico (General Manager)
  • Compensation: $51,000
  • Related: $0
  • Other: $0


Official website here: www.hanoverseaside.club

Where can I find the form 990 for Hanover Seaside Club?

Hanover Seaside Club's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.hanoverseaside.club

Learn more at the official website: www.hanoverseaside.club

Mission Statement of Hanover Seaside Club

Hanover Seaside Club, a notable social club, is dedicated to providing recreational facilities by the ocean for the enjoyment of its members and their families. The club's primary mission is to create an environment where its members can engage in ocean-side activities, fostering a sense of community and leisure. By offering these facilities, Hanover Seaside Club aims to enhance the overall experience of its members, providing them with opportunities to unwind and create cherished memories with their loved ones. Juanita Sheppard, the club's leader, is instrumental in ensuring that this mission is carried out effectively.

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Impact




October, 2024

Hanover Seaside Club plays a vital role in enriching the community by offering essential facilities for oceanside recreation to its members and their families. Located in Wrightsville Beach, NC, the club fosters a sense of community and connection among its members through various recreational activities. Under the leadership of Juanita Sheppard, the club cultivates a welcoming environment where families can gather, relax, and enjoy the natural beauty of the coastline. By providing access to resources for outdoor activities, Hanover Seaside Club enhances the quality of life in the area, promoting health, wellness, and social interaction. Its commitment to oceanside recreation not only supports personal well-being but also strengthens community ties, making it an integral part of the local fabric.




This information is meant to be a general summary of Hanover Seaside 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
$1,175,190 (2023)
Expenses
$1,143,342 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $22,601
  • Program Service Revenue: $1,152,589
  • Gross Receipts: $1,175,190

Assets and Liabilities:

  • Total Assets: $3,548,347
  • Total Liabilities: $1,034,219
  • Net Assets: $2,514,128

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Programs

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

Rental of Facilities

Revenue

$462,401

Member Dues

Revenue

$435,159

Food Services

Revenue

$185,288

Fees

Revenue

$54,985

Supporting Income

Revenue

$11,990

Organization Details

Founding Year

1898

Principal Officer

Peggy Russell

NTEE Category

Code: N50 - Recreation

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