Xyz Club Inc

Overview

Xyz Club Inc is a nonprofit organization based in the United States, recognized under the Internal Revenue Code as a 501(c)(7) social and recreational club. This designation indicates that the organization primarily serves its members through social and recreational activities, rather than engaging in charitable fundraising. Donations made to Xyz Club Inc are not tax-deductible.

Mission and Activities

While specific details regarding the organization's mission are not publicly documented, the core activities of a 501(c)(7) organization typically focus on providing recreational or social gatherings for its members. These may include hosting events, facilitating recreational activities, and creating a community among members.

Financial Information

Xyz Club Inc has consistently reported revenue from program services, which accounted for the vast majority of its income:

• Fiscal Year Ending September 2015: $44,837
• Fiscal Year Ending September 2016: $39,650
• Fiscal Year Ending September 2017: $30,975

In terms of assets and liabilities, the organization reported:

• Total Assets (September 2017): $3,615
• Total Liabilities: $575

The club has not reported any contributions or fundraising revenue, indicating that its financial activities are primarily derived from the services provided to members.

Leadership

The leadership team of Xyz Club Inc is composed of several key officers who, as of the last available tax filings, received no compensation for their roles:

• Lauren Pignataro - President
• John C Daugherty - Vice President
• Robert K Healy - Treasurer
• Tara Muldoon - Executive Director
• Danielle O'Connell - Executive Secretary

Tax Filings

Xyz Club Inc is required to file Form 990-EZ annually, as it does not meet the threshold for filing a full Form 990. These documents provide insights into the organization's financial activities and governance.

Conclusion

Xyz Club Inc serves as a social and recreational club where members can engage in various activities. Its structure and operations reflect its nonprofit status, focusing on fostering a community among its members. While it operates without the ability to offer tax-deductible contributions, it plays a role in enriching the social fabric of its community through recreational activities.

[1] https://projects.propublica.org/nonprofits/organizations/61396631 [2] https://www.charitynavigator.org/ein/261801357 [3] https://projects.propublica.org/nonprofits/organizations/61396631/201530369349200118/full/ [4] https://www.guidestar.org [5] https://www.irs.gov/charities-and-nonprofits