Metropolitan Club Foundation Inc

Organization Overview

Metropolitan Club Foundation Inc is located in Elmsford, NY. The organization was established in 1996. According to its NTEE Classification (A31) the organization is classified as: Film & Video, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Metropolitan Club Foundation Inc 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 12/2021, Metropolitan Club Foundation Inc generated $229.5k 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 (9.0%) each year. All expenses for the organization totaled $158.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT EDUCATIONAL PROGRAMS FOR CLUB MANAGERS AND ASSISTANT MANAGERS TO FURTHER THE CLUB MANAGEMENT PROFESSION

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATION AND SCHOLARHSIPS.


FOUNDATION HOSTS THREE WORKSHOPS A YEAR TO PROVIDE EDUCATIONAL PROGRAMS TO FURTHER THE CLUB MANAGEMENT PROFESSION. THESE 6-HOUR WORKSHOPS ARE OPEN TO THE MEMBERSHIP AND GUESTS AND TAUGHT BY LEADING INDUSTRY EXPERTS.


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Board, Officers & Key Employees

Name (title)Compensation
Robert J Kasara Ccm
Secretary
$0
Todd Zorn Ccm
Treasurer
$0
Randall J Ruder Ccm Cce
Vice Chairman
$0
Barry L Chandler
Chairman
$0
Colin M Burns Ccm
Director
$0
Charles D Dorn Ccm
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$23,700
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$26,943
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$50,643
Total Program Service Revenue$5,220
Investment income $175,701
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $27
Net Income from Fundraising Events -$2,084
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $229,507

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Metropolitan Club Foundation Inc has recieved totaling $900.

Awarding OrganizationAmount
Argyle Foundation

San Antonio, TX

PURPOSE: CHARITABLE

$900
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$68,344
Net Contributions$11,608
Grants$11,608
Ending Balance$68,344

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