St Botolph Club Inc

The information for St Botolph Club Inc is as of the organization's most recent filing in March 2020. This organization is located in Boston, MA. It has been in existence for 79 years, following its founding in 1941.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The St Botolph Club Inc's NTEE code is N60. The "N" tells us that the organization is classified along with Recreation & Sports. The "60" tells us that the organization is an Amateur Sports organization. The NTEE describes Amateur Sports organizations as those that provide opportunities for people of all ages to learn, become competitive in and enjoy the organized recreational activity, sport or game of their choice. These programs may be offered by local clubs devoted to a particular activity or sport and may sponsor or make arrangements for athletes to participate in amateur competitions.

Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. However, there are actually 29 different types of organizations that are identified by the Internal Revenue Code. This organization happens to be a 501(c)(7) organization. The IRS describes these organizations as Social and Recreational Clubs.

Perhaps the most accurate way to get a sense of what the organization hopes to achieve is by looking at its mission. The mission of the St Botolph Club Inc is to provide its members with the traditional services of a city social club.

Program Areas

The Club provides its members (approximately 500) with the traditional services of a city social club, such as charging dues for Club privileges, providing a setting for socialization during meals and cocktails, and offering 11 sleeping rooms for use.

Organization Staffing

St Botolph Club Inc is run by Michael A Halperson, who is the President. The organization has 25 employees, of whom one is paid more than $100k per year (according to the organization's most recent 990 tax filing). Supporting the paid staff are 17 volunteers.

Board Governance

St Botolph Club Inc is a well-governed non-profit organization. It has 17 voting members, all of whom are independent members. There are no potential conflicts of interest, and the organization has not delegated management to an outside firm. Board meetings are documented, as are committee meetings. Unfortunately, the organization does not have a conflict of interest policy or a written whistleblower policy, nor does it have a document retention policy. Additionally, the organization does not substantiate and review leadership or officer salaries, nor does it provide copies of the 990 to the board prior to filing. Despite these shortcomings, St Botolph Club Inc is a well-governed non-profit organization.

Organization Growth

Overall, St Botolph Club Inc has experienced growth in the past five years, evidenced by the increase in total revenue and total expenses. Additionally, the program service revenue has seen an increase. However, this growth has been accompanied by a decrease in investment income, other revenue, employee salaries, total employees and total volunteers.