Veritans Club
- Assets
- $1.3m
- Revenue
- $59.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Haledon, NJ
- Founding
- 03/1953
- Data as of
- 12/2020
- EIN
- 22-1476163
Organization Overview
Veritans Club is located in Haledon, NJ. The organization was established in 1953. According to its NTEE Classification (N20) the organization is classified as: Camps, 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. Veritans Club is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Veritans Club generated $59.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (35.3%) each year. All expenses for the organization totaled $307.6k during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE, MAINTAIN AND OPERATE NOT-FOR-PROFIT DAY CAMP FOR CHILDREN
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE NOT-FOR- PROFIT DAY CAMP FOR CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bernard L Kashman Trustee | Trustee | 0 | $0 |
Al Bograd Director | Trustee | 0 | $0 |
James Blake Vice President | Trustee | 0 | $0 |
Victor Rudow Vice President | Trustee | 0 | $0 |
Mark Murray Treasurer | Trustee | 0 | $0 |
David Schwartz Trustee | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $30,572 |
| Membership dues | $5,050 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,000 |
| 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 | $43,622 |
| Total Program Service Revenue | $0 |
| Investment income | $26,205 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$31,388 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $20,579 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $59,018 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $162,213 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,800 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $588 |
| 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 | $380 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $84,812 |
| Insurance | $23,377 |
| All other expenses | $6,044 |
| Total functional expenses | $307,571 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,632 |
| Savings and temporary cash investments | $776,606 |
| 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 | $26,443 |
| Net Land, buildings, and equipment | $479,455 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | -$56,412 |
| Total assets | $1,267,724 |
| Accounts payable and accrued expenses | $7,628 |
| Grants payable | $0 |
| Deferred revenue | $75,304 |
| 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 | $146,300 |
| Other liabilities | $56,028 |
| Total liabilities | $285,260 |
| Net assets without donor restrictions | $72,388 |
| Net assets with donor restrictions | $910,076 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,267,724 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Veritans Club has recieved totaling $200.
| Awarding Organization | Amount |
|---|---|
Isabel & David Mahalick Foundation Inc Ridgewood, NJ PURPOSE: CHARITABLE | $200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York Edge Inc Woodside, NY | $17,691,721 | $41,097,036 |
Fresh Air Fund New York, NY | $157,511,340 | $17,546,522 |
National Ramah Commission Inc New York, NY | $12,167,427 | $13,313,084 |
Ramapo For Children Inc New York, NY | $10,937,296 | $6,513,024 |
Gospel Volunteers Inc Speculator, NY | $22,831,003 | $9,014,614 |
Camp Hachsharamoshava Of N Y Inc Honesdale, PA | $10,223,391 | $7,675,937 |
Camp Ramah In The Poconos Bala Cynwyd, PA | $11,768,161 | $7,878,959 |
Henry Kaufmann Campgrounds Inc Pearl River, NY | $6,361,137 | $5,869,898 |
Franconia Mennonite Camp Association Inc Canadensis, PA | $25,678,752 | $7,776,288 |
Helping Hands Inc Bechtelsville, PA | $3,962,624 | $4,451,947 |
Ymca Camp Ockanickon Inc Medford, NJ | $13,691,951 | $4,961,317 |
Surprise Lake Camp Cold Spring, NY | $16,694,153 | $3,893,782 |