Hanover Seaside Club

Organization Overview

Hanover Seaside Club is located in Wrightsville Beach, NC. The organization was established in 1972. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 10/2021, Hanover Seaside Club employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hanover Seaside Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 10/2021, Hanover Seaside Club generated $861.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $746.3k during the year ending 10/2021. While expenses have increased by 4.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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 PROVIDE FACILITIES FOR OCEANSIDE RECREATION TO MEMBERS AND THEIR FAMILIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Board, Officers & Key Employees

Name (title)Compensation
Danard Harris
Vice-President
$0
Juanita Sheppard
President
$0
Brett Riggs
Secretary/treasurer
$0
Gregg Tolerico
General Manager
$0
Ernie Alexander
Board Member
$0
Jake Wessell
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
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$0
Total Program Service Revenue$858,933
Investment income $2,743
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $861,676

Peer Organizations

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