Racquet And Tennis Club

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

EIN: 131194010 ✦ New york, NY ✦ Designated as a 501(c)(7)

Overview

What is Racquet And Tennis Club?

The Racquet and Tennis Club, known as North Shore Tennis and Racquets Club (NSTRC), is a century-old nonprofit organization. With a significant history, NSTRC has been dedicated to fostering a love for sports, particularly tennis, among its members. The club's mission extends beyond just sports, as it also maintains an elegant clubhouse and offers various athletic and dining facilities, and a sports library for the enjoyment of its members. These amenities provide a holistic experience for members, allowing them to engage in physical activities, socialize, and learn.


Is Racquet And Tennis Club legitimate?

Racquet And Tennis Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Racquet And Tennis 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $514,355
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,585,958

For more financial information, click here


What is the mission statement of Racquet And Tennis Club?
Who is the CEO of Racquet And Tennis Club?
What is the revenue of Racquet And Tennis Club?
Who are the executives of Racquet And Tennis Club and what are their salaries?

The average compensation at Racquet And Tennis Club during 2022 was $48,574. There are 105 employees and 24 volunteers at Racquet And Tennis Club.

Here are 30 key members and their salaries:


Where can I find the form 990 for Racquet And Tennis Club?

Mission Statement of Racquet And Tennis Club

Racquet and Tennis Club, also known as North Shore Tennis and Racquets Club, is a long-standing organization dedicated to fostering sports participation among its members. Established over a century ago, this esteemed club has maintained a commitment to providing its members with various athletic and dining facilities, as well as a comprehensive sports library.

The core mission of Racquet and Tennis Club revolves around encouraging sports among its members. This commitment extends to individuals of all ages and abilities, making the club an inclusive and welcoming environment for tennis enthusiasts. In addition to promoting sports, the club also prioritizes the maintenance of a clubhouse, which serves as a hub for members to relax, socialize, and engage in their favorite activities.

The clubhouse offers an array of athletic facilities designed to accommodate various tennis and racquet sports. Members can take advantage of these facilities to improve their skills, engage in friendly competitions, or simply enjoy a leisurely game. The dining facilities, meanwhile, provide an excellent space for members to unwind and socialize over a meal or a refreshing beverage. The sports library, a valuable resource for tennis aficionados, houses an extensive collection of books, magazines, and other materials related to tennis and racquet sports.

Tennis has been a beloved and valuable activity at Racquet and Tennis Club for over a century. The organization's rich history and dedication to promoting tennis have made it an essential part of the tennis community, inspiring generations of players to engage in this healthy and enjoyable pursuit. By offering top-notch athletic facilities, dining options, and a comprehensive sports library, Racquet and Tennis Club continues to uphold its mission and foster a vibrant community of sports enthusiasts.

Impact

This information is meant to be a general summary of Racquet And Tennis Club. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

As a prominent institution in the New York City community, the Racquet and Tennis Club has made a significant impact on its members by providing a space for sports and recreation. With its rich history of over 100 years, the club has been instrumental in promoting tennis as a valuable and healthy activity for individuals of all ages and abilities. By maintaining a clubhouse with various athletic and dining facilities, as well as a sports library, the Racquet and Tennis Club has created a welcoming environment where members can engage in physical activity, socialize, and enjoy the benefits of sportsmanship. The club's mission to encourage sports among its members underscores its commitment to fostering a sense of community and well-being through recreational pursuits.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $322,194
  • Program Service Revenue: $8,262,230
  • Gross Receipts: $19,094,414

    • Assets and Liabilities:
  • Total Assets: $25,424,655
  • Total Liabilities: $6,922,704
  • Net Assets: $18,501,951
  • Programs

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

    MEMBERSHIP DUES & GUES

    Revenue

    $7,689,730

    INITIATION FEES

    Revenue

    $572,500

    Organization Details

    Founding Year

    1890

    Principal Officer

    Guy W Devereux

    Main Address

    370 PARK AVENUE, NEW YORK, NY, 10022

    NTEE Category

    Code: N66 - Recreation

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