Wachesaw Plantation Club Inc

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

EIN: 570789494 ✦ Murrells inlet, SC ✦ Designated as a 501(c)(7)

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Overview

What is Wachesaw Plantation Club Inc?

Wachesaw Plantation Club Inc, located in Murrells Inlet, South Carolina, is a nonprofit organization with a primary focus on providing recreational and social activities for its members. With a staff of 94 individuals, the club offers an array of engaging experiences designed to foster a sense of community among its members. The organization's mission is centered around facilitating enjoyable leisure activities and social events, ensuring a fulfilling experience for its member base.


Official website here: www.wachesaw.com

Is Wachesaw Plantation Club Inc legitimate?

Wachesaw Plantation Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Wachesaw Plantation 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: $2,034,082

For more financial information, click here


Official website here: www.wachesaw.com

What is the mission statement of Wachesaw Plantation Club Inc?

Wachesaw Plantation Club Inc's mission is centered around providing recreational and social activities for its members. The organization strives to create an engaging and enjoyable experience for its members, offering a variety of activities to cater to their diverse interests. By offering these activities, Wachesaw Plantation Club Inc aims to foster a sense of community and camaraderie among its members. The club's primary focus is on providing a welcoming and enjoyable environment where members can relax, socialize, and participate in activities that they enjoy. The club's mission is to continually evolve and adapt to the needs and interests of its members, ensuring that they have a fulfilling experience at Wachesaw Plantation Club Inc.


Official website here: www.wachesaw.com

Who is the CEO of Wachesaw Plantation Club Inc?

Michael Specht is the President of Wachesaw Plantation Club Inc.


Official website here: www.wachesaw.com

What is the revenue of Wachesaw Plantation Club Inc?

Wachesaw Plantation Club Inc's revenue in 2022 was $6,067,094.


Official website here: www.wachesaw.com

Who are the executives of Wachesaw Plantation Club Inc and what are their salaries?

The average compensation at Wachesaw Plantation Club Inc during 2022 was $21,639. There are 94 employees at Wachesaw Plantation Club Inc.


Here are 10 key members and their salaries:


Bob Lowe (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Hohman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Loyal Springs (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Specht (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Decosmo (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Ranum (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Sugg (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Graziano (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Faust (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Fretz (Grounds Manager)
  • Compensation: $0
  • Related: $113,982
  • Other: $0


Official website here: www.wachesaw.com

Where can I find the form 990 for Wachesaw Plantation Club Inc?

Wachesaw Plantation Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wachesaw.com

Learn more at the official website: www.wachesaw.com

Mission Statement of Wachesaw Plantation Club Inc

Wachesaw Plantation Club Inc, as a nonprofit organization, is dedicated to providing recreational and social activities for its members. Its mission is centered around creating an engaging environment where members can partake in various leisure activities and build a sense of community. The club offers a wide array of events and activities, aiming to cater to the diverse interests of its members and foster a sense of camaraderie among them. By providing these opportunities, Wachesaw Plantation Club Inc strives to enhance the overall well-being and enjoyment of its members.

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Impact




October, 2024

Wachesaw Plantation Club Inc significantly enhances the community by providing a vibrant environment for recreation and social engagement among its members in Murrells Inlet, SC. Through its initiatives, the organization fosters a sense of belonging while offering various recreational activities that promote physical well-being and social interaction. The club serves as a hub for members to connect, participate in events, and enjoy the benefits of an active lifestyle, ultimately contributing to a healthier, more engaged community. Its focus on social activities enriches the lives of members, creating lasting relationships and a supportive network that extends beyond recreational pursuits.




This information is meant to be a general summary of Wachesaw Plantation 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
$6,067,094 (2022)
Expenses
$5,441,157 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $416,913
  • Program Service Revenue: $5,650,181
  • Gross Receipts: $6,170,181

Assets and Liabilities:

  • Total Assets: $9,896,608
  • Total Liabilities: $3,937,539
  • Net Assets: $5,959,069

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Programs

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

MEMBERSHIP DUES

Revenue

$2,857,721

FOOD & BEVERAGE

Revenue

$1,848,199

GOLF INCOME

Revenue

$798,702

COTTAGE

Revenue

$8,332

TENNIS INCOME

Revenue

$13,096

Organization Details

Founding Year

1992

Principal Officer

Michael Specht

Main Address

PO BOX 1538, MURRELLS INLET, SC, 29576

NTEE Category

Code: N50 - Recreation

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