Overview
What is The Summit Corporation?
The Summit Corporation is a private organization, situated in Tulsa, Oklahoma. Their primary activity revolves around operating an exclusive dining club, providing a space for members to dine and socialize. The club's primary income sources include food and beverage sales, membership fees, and various dues and charges. Despite their best efforts, The Summit Corporation has faced challenges in 2020 due to external factors that have impacted their operations negatively.
Official website here: www.summittulsa.com
Is The Summit Corporation legitimate?
The Summit Corporation is a legitimate nonprofit organization registered as a 501(c)(7) entity. The Summit Corporation 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: $330,925
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,437,064
For more financial information, click here
Official website here: www.summittulsa.com
What is the mission statement of The Summit Corporation?
The Summit Corporation operates a private dining club, primarily generating revenue through food and beverage sales, membership dues, and fees. Their mission, in simple terms, is to provide a exclusive dining experience within this club. However, the organization has faced challenges in 2020 due to external factors. The exact nature of these challenges or the specific services offered beyond dining are not provided in the information.
Official website here: www.summittulsa.com
Who is the CEO of The Summit Corporation?
Hillary Sutton is the Ex-Officio Until April 2022 of The Summit Corporation. The CEO's salary of The Summit Corporation is $216,945 and their total compensation is $330,880.
Official website here: www.summittulsa.com
What is the revenue of The Summit Corporation?
The Summit Corporation's revenue in 2022 was $7,146,294.
Official website here: www.summittulsa.com
Who are the executives of The Summit Corporation and what are their salaries?
The average compensation at The Summit Corporation during 2022 was $21,168. There are 178 employees and 18 volunteers at The Summit Corporation.
Here are 20 key members and their salaries (The Summit Corporation's CEO's salary is $216,945 and their total compensation is $330,880):
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- Compensation: $216,945
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- Compensation: $160,803
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- Other: $51,454
Official website here: www.summittulsa.com
Where can I find the form 990 for The Summit Corporation?
The Summit Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.summittulsa.com
Learn more at the official website: www.summittulsa.com
Mission Statement of The Summit Corporation
The Summit Corporation, as a private dining club, is dedicated to providing an exclusive dining experience. Its primary source of income stems from food and beverage sales, membership dues, and various fees. However, the organization has experienced challenges in 2020 due to external factors. Despite these difficulties, The Summit Corporation continues to operate, offering its members a private dining space for their dining needs.
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Impact
October, 2024
The Summit Corporation plays a significant role in the Tulsa community by operating a private dining club that fosters social connections and provides a unique dining experience. The club's offerings not only enhance the local culinary landscape but also contribute to the local economy through job creation and support for local suppliers.
By generating revenue primarily from food and beverage sales along with member dues, The Summit Corporation creates an environment where members can enjoy exclusive dining services while also benefiting from the networking opportunities that arise in a private setting. Despite facing challenges in 2020 due to external factors, the organization continues to strive towards fulfilling its mission of providing quality recreational experiences.
The Summit Corporation's presence in Tulsa enriches the community by offering a venue for events and gatherings, thereby strengthening social ties among members and fostering a sense of belonging. Its impact is felt not only in the dining experience it provides but also in its contributions to the vibrancy of the Tulsa community.
This information is meant to be a general summary of The Summit Corporation. 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: $13,844
- Program Service Revenue: $3,478,129
- Gross Receipts: $8,891,739
Assets and Liabilities:
- Total Assets: $18,798,853
- Total Liabilities: $17,691,648
- Net Assets: $1,107,205
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues
Revenue
$2,603,395
Capital Improvement Dues
Revenue
$599,202
Membership Sales
Revenue
$195,050
Organization Details
Founding Year
1967
Phone
(918) 582-5243Principal Officer
Hillary Sutton
Main Address
15 West 6th Suite 2913, Tulsa, OK, 741195426
Website
www.summittulsa.comNTEE Category
Code: N60 - Recreation
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