Seabrook Village Resident's Association Inc

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

EIN: 843061518 ✦ Tinton falls, NJ ✦ Designated as a 501(c)(7)

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Overview

What is Seabrook Village Resident's Association Inc?

Seabrook Village Resident's Association Inc is a nonprofit organization that primarily focuses on providing a social environment for its members, intended solely for leisure and recreation. The association has shown an increase in bar-related activities, as evidenced by the total beverage sales of $32,390 in 2021 and $44,279 in 2022. However, there were no such sales reported for 2019. The mission of Seabrook Village Resident's Association Inc remains centered on fostering an enjoyable atmosphere for its members.

Is Seabrook Village Resident's Association Inc legitimate?

Seabrook Village Resident's Association Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Seabrook Village Resident's Association Inc submitted a form 990EZ, 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.

What is the mission statement of Seabrook Village Resident's Association Inc?

The Seabrook Village Resident's Association Inc has a mission to establish a congenial atmosphere for its members, primarily focusing on leisure and relaxation. This is achieved primarily through the operation of a bar within the club. The association's financial records show an increase in bar sales, with $32,390 in sales in 2021 and $44,279 in sales in 2022. Notably, there were no sales reported in 2019. The main purpose of the association appears to be providing a social space for its members, as indicated by its focus on recreational activities and bar sales.

Who is the CEO of Seabrook Village Resident's Association Inc?

Jennifer Mcnamara is the President of Seabrook Village Resident's Association Inc.

What is the revenue of Seabrook Village Resident's Association Inc?

Seabrook Village Resident's Association Inc's revenue in 2022 was -$6,179.

Who are the executives of Seabrook Village Resident's Association Inc and what are their salaries?


Here are 3 key members and their salaries:


Mary Beth Sheehan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neal Fiore (Vice President & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Mcnamara (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Seabrook Village Resident's Association Inc?

Seabrook Village Resident's Association Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Seabrook Village Resident's Association Inc

Seabrook Village Resident's Association Inc, a nonprofit organization, is committed to establishing a congenial atmosphere for its members, primarily for their enjoyment and relaxation. Its mission is centered around providing a platform for pleasure and recreation, exclusively for its members. The organization's activities seem to be largely focused on the operation of a bar, as indicated by the reported beverage sales data. In the year 2019, there were no recorded sales, but sales significantly increased in the following years, with $32,390 being made in 2021 and $44,279 in 2022. This suggests that the bar plays a significant role in the association's efforts to create a social environment for its members. It's important to note that the information provided does not delve into the specifics of these social activities, but it does indicate that the bar is a key component of Seabrook Village Resident's Association Inc's mission to provide pleasure and recreation for its members.

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Impact




October, 2024

Seabrook Village Resident's Association Inc fosters a vibrant social environment that enhances the quality of life for its members. Through a focus on pleasure and recreation, it creates a sense of community among residents in Tinton Falls, NJ.

The bar's beverage sales reflect an increase from $32,390 in 2021 to $44,279 in 2022, indicating growing engagement and social activities within the association. This financial activity not only suggests a thriving community spirit but also contributes to local economic dynamics, benefiting other vendors and services in the area.

By providing a dedicated space for members to gather and socialize, the association plays a crucial role in building relationships, reducing isolation among residents, and promoting an active lifestyle, thereby positively impacting the overall well-being of the community.




This information is meant to be a general summary of Seabrook Village Resident's Association 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
-$6,179 (2022)
Expenses
$74,582 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $44,279

Assets and Liabilities:

  • Total Assets: $55,121
  • Total Liabilities: $169,117
  • Net Assets: -$113,996

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Organization Details

Principal Officer

Jennifer Mcnamara

Main Address

3000 ESSEX RD, TINTON FALLS, NJ, 077532631

NTEE Category

Code: Z99 - Unknown

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