Overview
What is Hillsboro Club Inc?
Hillsboro Club Inc, located in Hillsboro Beach, Florida, is a nonprofit organization dedicated to fostering camaraderie among its members. Established with the objective of providing pleasure and recreation, the club operates a clubhouse and dining area. The primary source of revenue for the organization comes from its members, with food and beverage sales accounting for $4.2 million and room rentals contributing $6.7 million in 20XX. With a workforce of 177 employees, Hillsboro Club Inc strives to promote social interaction among its members through various dining and recreational activities.
Official website here: www.hillsboroclub.org
Is Hillsboro Club Inc legitimate?
Hillsboro Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Hillsboro 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: $491,289
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,849,895
For more financial information, click here
Official website here: www.hillsboroclub.org
What is the mission statement of Hillsboro Club Inc?
The Hillsboro Club Inc, as a social organization, is dedicated to fostering camaraderie among its members. Its mission is to encourage social interaction, achieving this by offering dining and recreational activities within the club. The club operates and maintains a clubhouse and dining area, primarily catering to its members, generating revenue from these services. The financial reports indicate that a substantial portion of their income comes from member-related dining and room rentals. In essence, the Hillsboro Club Inc serves as a hub for its members to enjoy leisure time and engage in social activities.
Official website here: www.hillsboroclub.org
Who is the CEO of Hillsboro Club Inc?
David A Herbert is the Director of Hillsboro Club Inc.
Official website here: www.hillsboroclub.org
What is the revenue of Hillsboro Club Inc?
Hillsboro Club Inc's revenue in 2022 was $11,612,679.
Official website here: www.hillsboroclub.org
Who are the executives of Hillsboro Club Inc and what are their salaries?
The average compensation at Hillsboro Club Inc during 2022 was $24,526. There are 177 employees and 12 volunteers at Hillsboro Club Inc.
Here are 21 key members and their salaries:
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- Compensation: $234,811
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- Other: $9,414
- Compensation: $133,252
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- Other: $9,593
Official website here: www.hillsboroclub.org
Where can I find the form 990 for Hillsboro Club Inc?
Hillsboro Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hillsboroclub.org
Learn more at the official website: www.hillsboroclub.org
Mission Statement of Hillsboro Club Inc
Hillsboro Club Inc, a social club, is dedicated to fostering camaraderie among its members through leisure and recreational activities. The organization's primary objective is to stimulate social interaction among its members, achieving this goal by offering dining and recreational facilities. The Hillsboro Club's exempt purpose is to provide an engaging environment where members can unwind and connect, creating a sense of community. The clubhouse and dining area serve as the heart of this social environment, generating substantial revenue from its members, with member-related food and beverage sales amounting to $3,237,620 and room revenue of $5,577,488 for the year.
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Impact
October, 2024
Hillsboro Club Inc plays a vital role in enriching the social fabric of the Hillsboro Beach community by fostering connections among its members through leisure and recreational activities. The club operates a clubhouse and dining area that serve as central hubs for social interaction, promoting a sense of belonging and camaraderie among members.
With food and beverage revenues totaling over $4.2 million, a significant portion of which is generated from member interactions, the club not only sustains itself but also enhances the local economy. Additionally, the revenue from room bookings, amounting to nearly $6.7 million, further underscores the club's status as a significant venue for both daily gatherings and special events.
By prioritizing the pleasure and recreational needs of its members, Hillsboro Club Inc contributes to a vibrant community atmosphere, where individuals can enjoy shared experiences, forming lasting friendships and connections. Its commitment to promoting social engagement through dining and recreational activities manifests a positive impact that reverberates throughout the community, enhancing the overall quality of life for its members.
This information is meant to be a general summary of Hillsboro 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: -$268,378
- Program Service Revenue: $8,876,095
- Gross Receipts: $13,537,156
Assets and Liabilities:
- Total Assets: $20,278,576
- Total Liabilities: $7,329,394
- Net Assets: $12,949,182
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROOMS
Revenue
$6,677,112
MEMBERSHIP DUES
Revenue
$2,120,902
SPA AND FITNESS
Revenue
$65,914
GENERAL SERVICES
Revenue
$12,167
Organization Details
Founding Year
1959
Phone
(954) 941-2220Principal Officer
David A Herbert
Main Address
901 HILLSBORO MILE, HILLSBORO BEACH, FL, 330622801
Website
www.hillsboroclub.orgNTEE Category
Code: N50 - Recreation
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