Vicmead Hunt Club

The information for Vicmead Hunt Club is as of the organization's most recent filing in December 2019. This organization is located in Wilmington, DE. It has been in existence for 94 years, following its founding in 1925.

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 Vicmead Hunt Club'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 provide coaching assistance, access to equipment and facilities, and sponsor 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 Vicmead Hunt Club is to provide a private family oriented social and recreational club which encourages camaraderie through dining, athletic, and other related activities within an informal atmosphere.

Organization Staffing

Vicmead Hunt Club is run by Mr Jeffrey James, who is the President. The organization has 138 employees, of whom 5 are paid more than $100k per year (according to the organization's most recent 990 tax filing). There are no volunteers supporting the paid staff.

Board Governance

The Vicmead Hunt Club is an exemplary example of a well-governed non-profit organization. The Board of Directors consists of nine voting members and nine independent members, which ensures that the organization is managed with a diversity of perspectives and experiences. Furthermore, the organization does not have any potential conflicts of interest and has not delegated management to an outside firm. The Vicmead Hunt Club also has a number of policies and procedures in place to ensure that the organization is well-governed. Board and committee meetings are documented, and the organization has a conflict of interest policy and requires disclosure of any conflicts. Additionally, the organization has a written whistleblower policy, a document retention policy, and substantiates and reviews leadership and officer salaries. Furthermore, the organization does not provide copies of the 990 to the board prior to filing. Overall, the Vicmead Hunt Club is a well-governed non-profit organization that is committed to ensuring the highest standards of accountability and transparency.

Organization Growth

Overall, the Vicmead Hunt Club nonprofit organization has grown over the given time period from 2015 to 2019. Total revenue increased from $4.8M to $5.2M, program service revenue from $4.7M to $5.2M, investment income from $16.8K to $45.5K and total employees from 133 to 138. Although contributions and grants received decreased, the other line items all increased, resulting in a net growth for the nonprofit.