Overview
What is Fasano Fifth Avenue Club Inc?
Fasano Fifth Avenue Club Inc, located in New York City, New York, operates as a nonprofit social and recreational club. Their primary purpose is to provide pleasure and leisure activities for their members and contribute to other non-profit causes, in accordance with Section 501(c)(7) of the Internal Revenue Code. The organization employs a team of 35 individuals, and their revenue is reported in Part VIII of their financial statements.
Is Fasano Fifth Avenue Club Inc legitimate?
Fasano Fifth Avenue Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Fasano Fifth Avenue 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: $0
For more financial information, click here
What is the mission statement of Fasano Fifth Avenue Club Inc?
Fasano Fifth Avenue Club Inc is established with the mission to function as a social and recreational club, providing pleasure and leisure activities for its members and serving various non-profit purposes, in accordance with Section 501(c)(7) of the Internal Revenue Code. The primary objective of the club is to cater to the recreational needs of its members and contribute to other non-profit activities. The club operates under the guidelines of this section, aiming to bring joy and entertainment to its members and contribute to societal causes. All financial reports related to the club's revenue are available in Part VIII of their statement of revenue.
Who is the CEO of Fasano Fifth Avenue Club Inc?
Danilo Tanaka Magrini is the Director of Fasano Fifth Avenue Club Inc.
What is the revenue of Fasano Fifth Avenue Club Inc?
Fasano Fifth Avenue Club Inc's revenue in 2022 was $787,732.
Who are the executives of Fasano Fifth Avenue Club Inc and what are their salaries?
There are 35 employees at Fasano Fifth Avenue Club Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Fasano Fifth Avenue Club Inc?
Fasano Fifth Avenue Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fasano Fifth Avenue Club Inc
Fasano Fifth Avenue Club Inc is established with a mission to serve as a social and recreational club, providing pleasure and leisure activities for its members and contributing to various non-profit purposes, in accordance with Section 501(c)(7) of the Internal Revenue Code. The organization's primary objective is to cater to the recreational needs of its members while also engaging in activities that align with the broader non-profit sector. The club's operations are regulated by the aforementioned section of the Internal Revenue Code, ensuring its commitment to serving a charitable purpose. The specific details of the club's revenue are reported in Part VIII of its financial statements.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Fasano Fifth Avenue Club Inc significantly enhances the social and recreational landscape for its members in New York City. By providing a dedicated space for leisure activities, the club fosters a sense of community among its members, encouraging social interaction and camaraderie. This social club promotes engagement through organized events and recreational opportunities, catering to diverse interests and facilitating networking among individuals who share similar passions.
Additionally, the club contributes to the local culture by creating an environment where members can unwind and connect outside of their professional lives, strengthening bonds and enhancing overall well-being. By focusing on social enjoyment and recreation, Fasano Fifth Avenue Club Inc plays a vital role in enriching the lives of its members, thereby having a positive impact on the community.
This information is meant to be a general summary of Fasano Fifth Avenue 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.
- Gross Receipts: $1,072,131
Assets and Liabilities:
- Total Assets: $91,508
- Total Liabilities: $1,632,200
- Net Assets: -$1,540,692
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2020
Phone
(646) 981-9914Principal Officer
Danilo Tanaka Magrini
Main Address
815 FIFTH AVENUE, NEW YORK, NY, 100657243
NTEE Category
Code: N50 - Recreation
If you are a representative of Fasano Fifth Avenue Club Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.