Rainbo Club Inc

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

EIN: 751058831 ✦ Athens, TX ✦ Designated as a 501(c)(7)

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Overview

What is Rainbo Club Inc?

Rainbo Club Inc is a nonprofit organization that encourages social interaction and recreational activities, all while being mindful of the environment. They strive to safeguard natural resources and improve wildlife habitats through controlled hunting practices. The club's mission is multifaceted, embracing both enjoyable pastimes and environmental conservation.

Is Rainbo Club Inc legitimate?

Rainbo Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Rainbo 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: $139,704

For more financial information, click here

What is the mission statement of Rainbo Club Inc?

Rainbo Club Inc's mission involves promoting social interaction and recreational activities, all while prioritizing the preservation of natural resources. They strive to enhance the land for the benefit of wildlife, utilizing controlled hunting as a method. This approach allows Rainbo Club Inc to balance human enjoyment with environmental conservation.

Who is the CEO of Rainbo Club Inc?

James Feagin is the President of Rainbo Club Inc.

What is the revenue of Rainbo Club Inc?

Rainbo Club Inc's revenue in 2023 was $635,747.

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

The average compensation at Rainbo Club Inc during 2023 was $46,568. There are 3 employees at Rainbo Club Inc.


Here are 5 key members and their salaries:


James Feagin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Phillips (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Holland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Francis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Dye (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Rainbo Club Inc?

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

Mission Statement of Rainbo Club Inc

Rainbo Club Inc, a social and recreational club, is deeply committed to fostering camaraderie and leisure activities while simultaneously preserving the environment and supporting wildlife. Its primary mission involves promoting controlled hunting as a means to maintain a balance between human activities and the natural world, thus enhancing the habitat for various wildlife species. By engaging in this practice, Rainbo Club Inc contributes to the conservation of natural resources, ensuring that both humans and wildlife can coexist harmoniously.

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Impact




October, 2024

Rainbo Club Inc significantly impacts the community of Athens, TX, by fostering social connections and offering recreational opportunities. The club serves as a hub for individuals to engage in social activities, promoting a sense of camaraderie among members. Additionally, Rainbo Club is committed to environmental stewardship, actively working to preserve natural resources and enhance local wildlife habitats through controlled hunting practices. This dual focus on recreation and conservation not only enriches community life but also contributes to the sustainability of the natural landscape, ensuring that future generations can enjoy both the social benefits and the ecological treasures of the area.




This information is meant to be a general summary of Rainbo 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
$635,747 (2023)
Expenses
$550,729 (2023)
Efficiency

Other financial information:

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

  • Program Service Revenue: $635,567
  • Gross Receipts: $635,747

Assets and Liabilities:

  • Total Assets: $1,612,805
  • Total Liabilities: $51,039
  • Net Assets: $1,561,766

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Programs

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

MEMBERSHIP DUES

Revenue

$345,600

FEES & ASSESSMENTS

Revenue

$289,810

MISCELLANEOUS

Revenue

$157

Organization Details

Founding Year

1960

Principal Officer

James Feagin

Main Address

PO BOX 912, ATHENS, TX, 75751

NTEE Category

Code: N61 - Recreation

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