Lakewood Racquet Club

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

EIN: 910749081 ✦ Lakewood, WA ✦ Designated as a 501(c)(7)

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Overview

What is Lakewood Racquet Club?

Lakewood Racquet Club is a nonprofit organization situated in Lakewood, Washington. Their primary focus is to offer tennis exercise and social facilities to its members, thereby promoting both social and health well-being in a welcoming, family-like environment. With a dedicated workforce of 33 individuals, the club aims to foster a sense of community while encouraging physical activity and social engagement.


Official website here: www.lakewoodracquetclub.com

Is Lakewood Racquet Club legitimate?

Lakewood Racquet Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lakewood Racquet Club 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: $285,606

For more financial information, click here


Official website here: www.lakewoodracquetclub.com

What is the mission statement of Lakewood Racquet Club?

The Lakewood Racquet Club's mission is centered around providing tennis exercise and social facilities to its members, aiming to foster social and health well-being in a welcoming and family-like atmosphere. By offering these amenities, the club aims to contribute positively to its members' overall well-being, encouraging a friendly and engaging environment. The club's activities are designed to cater to the physical and social needs of its members, promoting an all-around improved quality of life.


Official website here: www.lakewoodracquetclub.com

What is the revenue of Lakewood Racquet Club?

Lakewood Racquet Club's revenue in 2023 was $633,920.


Official website here: www.lakewoodracquetclub.com

Who are the executives of Lakewood Racquet Club and what are their salaries?

The average compensation at Lakewood Racquet Club during 2023 was $11,900. There are 24 employees and 80 volunteers at Lakewood Racquet Club.

Here are 9 key members and their salaries:


Scott Baird (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Grenley (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tricia Parsons (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Hendrickson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Enslow (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Perry (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Whittaker (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Mettler (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Wright (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lakewoodracquetclub.com

Where can I find the form 990 for Lakewood Racquet Club?

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


Official website here: www.lakewoodracquetclub.com

Learn more at the official website: www.lakewoodracquetclub.com

Mission Statement of Lakewood Racquet Club

Lakewood Racquet Club, as an organization, is dedicated to providing a conducive environment for its members to engage in tennis exercises and social activities. Its mission is geared towards promoting social and health well-being among its members in a friendly and family-oriented atmosphere. Lakewood Racquet Club strives to create a setting where members can engage in tennis exercises, not just for physical health, but also for the social benefits that come with the sport. This atmosphere is designed to foster camaraderie and a sense of community among its members.

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Impact




October, 2024

Lakewood Racquet Club has a significant impact on the community by promoting health and social well-being through tennis. By offering tennis exercise and social facilities, the club fosters an environment that encourages active lifestyles and community engagement. The family-friendly atmosphere attracts individuals of all ages, creating opportunities for social interaction and building strong relationships among members.

The club serves as a hub for recreational activity, enhancing the physical fitness of its members while cultivating a sense of belonging and camaraderie. This focus on health and social connections contributes to the overall well-being of the community in Lakewood, WA. Through its emphasis on friendly competition and social gatherings, Lakewood Racquet Club plays a vital role in enriching the lives of its members and fostering a tight-knit community.




This information is meant to be a general summary of Lakewood Racquet Club. 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
$633,920 (2023)
Expenses
$652,396 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $1,213
  • Program Service Revenue: $152,625
  • Gross Receipts: $667,580

Assets and Liabilities:

  • Total Assets: $617,063
  • Total Liabilities: $18,025
  • Net Assets: $599,038

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Programs

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

ACTIVITIES INSTR INC

Revenue

$79,301

LEAGUE FEES

Revenue

$20,755

SWIM INSTRUCTION

Revenue

$3,197

GUEST FEE AND RENTAL IN

Revenue

$21,310

TOURNAMENT INCOME

Revenue

$28,062

Organization Details

Founding Year

1987

Principal Officer

Kathleen Perry

NTEE Category

Code: N66 - Recreation

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