Spring Lake Bath And Tennis Club

The information for Spring Lake Bath and Tennis Club is as of the organization's most recent filing in October 2020. This organization is located in Spring Lake, NJ and has been in existence for 42 years, since its founding in 1978.

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 Spring Lake Bath And Tennis Club's NTEE code is N51. The "N" tells us that the organization is classified along with Recreation & Sports. The "51" tells us that the organization is a Social and Recreational Clubs. The NTEE describes Social and Recreational Clubs as organizations that provide social and recreational services for members.

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 Spring Lake Bath And Tennis Club is to provide social and recreational services for its members.

Program Areas

Program Area 1: Within the general fund the organization reports all revenues, support, and functional expenses related to the house, junior, tennis, and entertainment activities.

Organization Staffing

Spring Lake Bath And Tennis Club is run by Shawn Doherty, who is the President. The organization has 226 employees, of whom only 3 are paid more than $100k per year (according to the organization's most recent 990 tax filing). Supporting the paid staff are 10 volunteers.

Board Governance

The Spring Lake Bath And Tennis Club is governed by a board of 10 voting members. The board meetings are documented, and the organization provides copies of the 990 to the board prior to filing. Unfortunately, the organization does not have any independent members, a conflict of interest policy, a written whistleblower policy, a document retention policy, or policies to substantiate and review leadership and officer salaries. As a result, the organization may be at risk of potential conflicts of interest and improper use of funds.

Organization Growth

The Spring Lake Bath And Tennis Club appears to have experienced little to no growth over the given time period. Contributions & Grants Received, Investment Income, Other Revenue, Total Revenue, Employee Salaries, Total Expenses, Total Employees, and Total Volunteers all remained the same.

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Board, Officers & Key Employees

Name (title)Compensation
Fred Barton
Tennis Pro
$186,121
Robert Albanese
Controller
$168,242
Mark Mcternan
Chief
$141,558
Jackie Mangini
Controller
$98,663
Kathy Mulrenan
Secretary
$76,694
Shawn Doherty
President
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$2,667,099
Investment income $23,452
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$10,055
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $734,586
Miscellaneous Revenue$0
Total Revenue $3,415,082

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Spring Lake Bath And Tennis Club has recieved totaling $100.

Awarding OrganizationAmount
Flaherty Foundation

Spring Lake, NJ

PURPOSE: GENERAL CHARITABLE

$100
View Grant Recipient Profile

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