Harvard Club Of Boston

Organization Overview

Harvard Club Of Boston is located in Boston, MA. The organization was established in 1938. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 08/2023, Harvard Club Of Boston employed 217 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harvard Club Of Boston is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 08/2023, Harvard Club Of Boston generated $11.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $9.8m during the year ending 08/2023. While expenses have increased by 2.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE HARVARD CLUB OF BOSTON SERVES APPROXIMATELY 5,000 MEMBERS AND PROVIDES ROOMS, FOOD AND BEVERAGES, ATHLETIC FACILITIES AND OTHER SERVICES TO FOSTER THE SOCIAL PURPOSES OF THE MEMBERSHIP. THE CLUB HOLDS NUMEROUS FUNCTIONS FOR ITS MEMBERS AND THEIR GUESTS INCLUDING VARIOUS HOLIDAY DINNERS, MONTHLY WINE DINNERS, THE FATHER/DAUGHTER TEA DANCE, THEATRE NIGHTS, AUTHOR SERIES, AND ANNUAL SATURDAY SYMPOSIA FEATURING VARIOUS HARVARD FACULTY AND THROUGH HOSTING MANY GUEST SPEAKERS DISCUSSING A MYRIAD OF THOUGHT PROVOKING TOPICS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HARVARD CLUB OF BOSTON PROVIDES FINE DINING, FAMILY FUNCTIONS, SLEEPING ROOMS AND MEMBER EVENTS AS WELL AS RECREATIONAL, EXERCISE AND AEROBICS PROGRAMS TO ITS FIVE THOUSAND MEMBERS AND THEIR GUESTS.


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Board, Officers & Key Employees

Name (title)Compensation
Marcus Deflorimonte
President
$3,444
Susan Kendall
Vice President
$3,444
Jillian E Mcgrath
Vice President
$3,926
Edward Matson Sibble Jr
Secretary
$3,444
Michael Cronin
Treasurer
$0
Juan Carmona
House Committee Chair
$3,444

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$10,048,664
Investment income $98,679
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $452,347
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $927,111
Miscellaneous Revenue$0
Total Revenue $11,526,801

Peer Organizations

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