Old Guard Of Greater Point Pleasant
- Assets
- $484.3k
- Revenue
- $17.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Point Pleasant Beach, NJ
- Founding
- 03/1967
- Data as of
- 12/2021
- EIN
- 21-6018597
Organization Overview
Old Guard Of Greater Point Pleasant is located in Point Pleasant Beach, NJ. The organization was established in 1967. 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. Old Guard Of Greater Point Pleasant is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Old Guard Of Greater Point Pleasant generated $17.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.1%) each year. All expenses for the organization totaled $72.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EVENTS THAT ENCOURAGE RETIREES TO ENGAGE IN MEANINGFUL DIALOGUE AND COGNITIVE DEVELOPMENT TO ENABLE THEM TO HAVE A BETTER QUALITY OF LIFE WHILE ALSO PROVIDEING NEEDED COMMUNITY BETTERMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
VARIOUS LUNCHEONS, BREAKFAST, AND HOLIDAY CELEBRATIONS.
SCHOLARSHIP AWARDS TO LOCAL HIGH SCHOOL SENIORS THAT ARE COLLEGE BOUND
DONATION OF CASH TO LOCAL CHURCHES OF VARIOUS DENOMINATIONS, LOCAL CHARITIES, AND THE LOCAL FIRST AID SQUAD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emil Baroska Secretary/ch | Officer | 1 | $0 |
Frank Socci President | Officer | 1 | $0 |
Phillip Jones Parlimentari | Officer | 1 | $0 |
Richard Cafiero 2nd Vice Pre | Officer | 1 | $0 |
Dave Morris Vice Preside | Officer | 1 | $0 |
Edward Cafiero Assistant Se | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $900 |
| 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 | $900 |
| Total Program Service Revenue | $780 |
| Investment income | $15,873 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $297 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,850 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,100 |
| Grants and other assistance to domestic individuals. | $48,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,144 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,536 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $72,780 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,025 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $434,285 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $484,310 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $484,310 |
| Total liabilities and net assets/fund balances | $484,310 |
Grants Awarded
Over the last fiscal year, Old Guard Of Greater Point Pleasant has awarded $99,300 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ST DOMINIC ROMAN CATHOLIC CHURCHST DOMINIC ROMAN CATHOLIC CHURCH PURPOSE: GENERAL SUPPORT | $49,650 |
ST PETER'S ROMAN CATHOLIC CHURCHST PETER'S ROMAN CATHOLIC CHURCH PURPOSE: GENERAL SUPPORT | $49,650 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Plainfield Country Club Edison, NJ | $20,539,827 | $10,734,974 |
Glen Ridge Country Club Glen Ridge, NJ | $4,315,456 | $11,200,681 |
Overbrook Golf Club Bryn Mawr, PA | $25,446,093 | $10,373,823 |
Fisher Island Club Inc Fishers Island, NY | $26,382,427 | $9,842,592 |
North Jersey Country Club Inc Wayne, NJ | $12,240,984 | $10,758,532 |
Noyac Golf Club Inc Sag Harbor, NY | $25,263,669 | $11,022,614 |
Huntington Crescent Club Inc Huntington, NY | $18,101,805 | $9,571,803 |
Cedar Hill Golf & Country Club Inc Livingston, NJ | $9,265,709 | $8,374,790 |
Lake Mohawk Country Club Sparta, NJ | $6,081,837 | $9,550,355 |
Mill River Club Inc Oyster Bay, NY | $11,730,867 | $8,340,769 |
White Beeches Golf And Country Club Haworth, NJ | $11,179,728 | $9,547,172 |
American Philatelic Society Bellefonte, PA | $5,023,195 | $3,137,752 |