Seacrest Beach Club
- Assets
- $68.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lavallette, NJ
- Founding
- 05/1975
- Data as of
- 12/2022
- EIN
- 21-0687560
Organization Overview
Seacrest Beach Club is located in Lavallette, NJ. The organization was established in 1975. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seacrest Beach Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Seacrest Beach Club generated $105.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $121.5k during the year ending 12/2022. While expenses have increased by 3.1% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
COLLECT DUES FROM HOMEOWNERS TO MAINTAIN THE BEACH, ROADS AND COMMON GROUNDS; HIRE AND SUPERVISE LIFEGUARDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Conover President | 1 | $0 | |
Pj Bjorneby Vice President | 1 | $0 | |
Darren Pisano Secretary | 2 | $0 | |
James Testa Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $88,391 |
| Investment income | $38 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $17,446 |
| Other Revenue | $0 |
| Total Revenue | $105,875 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $58,824 |
| Professional fees and other payments to independent contractors | $14,291 |
| Occupancy, rent, utilities, and maintenance | $1,942 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $46,441 |
| Total expenses | $121,498 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $65,764 |
| Other assets | $0 |
| Total assets | $68,512 |
| Total liabilities | $0 |
| Net assets or fund balances | $68,512 |