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The Banner Lake Club Inc

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

EIN: 591093236 ✦ Hobe sound, FL ✦ Designated as a 501(c)(3)

Overview

What is The Banner Lake Club Inc?

The Banner Lake Club Inc, situated in Hobe Sound, Florida, is a nonprofit organization dedicated to improving the lives of its local residents, particularly those in the Banner Lake community, who may require financial, social, or educational assistance. One of their main initiatives is BLAST (Banner Lake After School Time), an after-school and summer program for children aged 5 to 18. This program focuses on nurturing academic growth, promoting physical fitness through sports like soccer, golf, and tennis, offering tutoring and gardening workshops, encouraging artistic expression, and addressing behavioral needs. Moreover, the teen program includes a standalone teen center. By providing these opportunities, The Banner Lake Club Inc aims to enhance the overall quality of life in the community.


Is The Banner Lake Club Inc legitimate?

The Banner Lake Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Banner Lake 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.

Here are some key statistics you may want to consider:

Executive Compensation: $65,850
Professional Fundraising Fees: $0
Other Salaries and Wages: $724,249

For more financial information, click here


What is the mission statement of The Banner Lake Club Inc?
Who is the CEO of The Banner Lake Club Inc?
What is the revenue of The Banner Lake Club Inc?
Who are the executives of The Banner Lake Club Inc and what are their salaries?

The average compensation at The Banner Lake Club Inc during 2022 was $18,374. There are 43 employees and 60 volunteers at The Banner Lake Club Inc.

Here are 15 key members and their salaries (The Banner Lake Club Inc's CEO's salary is $65,850 and their total compensation is $65,850):


Where can I find the form 990 for The Banner Lake Club Inc?

Mission Statement of The Banner Lake Club Inc

The Banner Lake Club Inc, a nonprofit organization, is committed to enhancing the lives of Hobe Sound residents, with a particular focus on those residing in the Banner Lake community who may require financial, social, and educational support. Their mission is to improve the overall quality of life for this community by providing essential resources and opportunities.

The Banner Lake Club Inc embodies this mission through various initiatives, one of which is BLAST (Banner Lake After School Time). This program caters to children aged 5 to 18, offering a comprehensive approach to their development. The curriculum includes academic support, physical fitness activities such as soccer, golf, tennis, and PE, tutoring, gardening, and nutrition classes, artistic pursuits, behavioral modification programs, and a teen program with its own dedicated teen center. This multifaceted approach aims to enrich the lives of the children in the community, addressing their educational, physical, and social needs.

Impact

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




Saturday, July 20, 2024

The Banner Lake Club Inc positively impacts the Hobe Sound community, particularly the residents in the Banner Lake neighborhood, by providing essential support and opportunities for children and teenagers. Through programs like BLAST (Banner Lake After School Time), which offers a wide range of activities including academics, physical fitness, tutoring, gardening, nutrition, arts, and behavior modification, the organization helps enhance the quality of life for these individuals. Additionally, the presence of a dedicated teen center demonstrates a commitment to serving the needs of older youth in the community. Overall, The Banner Lake Club Inc plays a crucial role in fostering youth development and creating a supportive environment for the residents of Hobe Sound.





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: $196,728
  • Program Service Revenue: $0
  • Gross Receipts: $3,075,732

    • Assets and Liabilities:
  • Total Assets: $9,245,707
  • Total Liabilities: $14,944
  • Net Assets: $9,230,763
  • Organization Details

    Founding Year

    1977

    Principal Officer

    Wendy Reynoso

    Main Address

    PO BOX 1875, HOBE SOUND, FL, 33475

    NTEE Category

    Code: O50 - Youth development

    If you are a representative of The Banner Lake 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.