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Princeton Terrace Club

  • Princeton, NJ
  • Tax-exempt since Sept. 1942
  • EIN: 22-1944189

Organization summary

Type of Nonprofit

Designated as a Social and recreational clubs.

Category: Recreation, Sports, Leisure, Athletics / Recreational, Pleasure, or Social Club (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$1.76M (2024)

Expenses
$1.56M (2024)

Total Assets
$3.16M (2024)

Total Liabilities
$1.92k (2024)

Years with missing data
Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,759,130
Expenses
$1,562,292
Net Income
$196,838
Net Assets
$3,158,537
Notable Sources of Revenue Percent of Total Revenue
Contributions $34,242
1.9%
Program Services $1,707,005
97.0%
Investment Income $17,883
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $481,316
30.8%
Assets/Debt
Total Assets $3,160,457
Total Liabilities $1,920
Net Assets $3,158,537
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Steve Krebs (Club Manager) $135,125 $0 $42,084
Steve Feyer (Trustee) $0 $0 $0
Andrew Chong (Trustee) $0 $0 $0
Arielle Debira (Trustee) $0 $0 $0
Rob Whitaker (Trustee) $0 $0 $0
Akil Alleyne (Trustee) $0 $0 $0
Tristan Schrader (Secretary) $0 $0 $0
Justin Gerald (Trustee) $0 $0 $0
Andrew Kinaci (Chair) $0 $0 $0
Jenny Korn (Vice Chair) $0 $0 $0
Jasmine Jeffers (Treasurer) $0 $0 $0
Lucia Perasso (Trustee) $0 $0 $0
Jia Natalia Chen (Trustee) $0 $0 $0
Abigail Kalmbach (Trustee) $0 $0 $0
Jon Strassfeld (Trustee) $0 $0 $0
Ariana Vera (Trustee) $0 $0 $0
Christine Young (Trustee) $0 $0 $0
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Document Links

990
Filed on Dec. 17, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,372,912
Expenses
$1,331,137
Net Income
$41,775
Net Assets
$2,961,699
Notable Sources of Revenue Percent of Total Revenue
Contributions $20,005
1.5%
Program Services $1,346,643
98.1%
Investment Income $3,554
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,710
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $384,259
28.9%
Assets/Debt
Total Assets $2,964,187
Total Liabilities $2,488
Net Assets $2,961,699
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Steve Krebs (Club Manager) $115,263 $0 $46,055
Steve Feyer (Treasurer) $0 $0 $0
Andrew Chong (Trustee) $0 $0 $0
Arielle Debira (Trustee) $0 $0 $0
Rob Whitaker (Trustee) $0 $0 $0
Akil Alleyne (Trustee) $0 $0 $0
Tristan Schrader (Secretary) $0 $0 $0
Justin Gerald (Trustee) $0 $0 $0
Andrew Kinaci (Chair) $0 $0 $0
Jenny Korn (Vice Chair) $0 $0 $0
Jasmine Jeffers (Trustee) $0 $0 $0
Lucia Perasso (Trustee) $0 $0 $0
Jia Natalia Chen (Trustee) $0 $0 $0
Abigail Kalmbach (Trustee) $0 $0 $0
Jon Strassfeld (Trustee) $0 $0 $0
Ariana Vera (Trustee) $0 $0 $0
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Document Links

990
Filed on Oct. 26, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,040,448
Expenses
$1,326,299
Net Income
-$285,851
Net Assets
$2,919,924
Notable Sources of Revenue Percent of Total Revenue
Contributions $9,165
0.9%
Program Services $1,026,411
98.7%
Investment Income $102
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,770
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $354,523
26.7%
Assets/Debt
Total Assets $2,926,937
Total Liabilities $7,013
Net Assets $2,919,924
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Steve Krebs (Club Manager) $119,351 $0 $43,674
Steve Feyer (Trustee) $0 $0 $0
James Holahan (Trustee) $0 $0 $0
Arielle Debira (Trustee) $0 $0 $0
Rob Whitaker (Trustee) $0 $0 $0
Victoria Lee (Vice Chair) $0 $0 $0
Tristan Schrader (Trustee) $0 $0 $0
Justin Gerald (Trustee) $0 $0 $0
Andrew Kinaci (Chair) $0 $0 $0
Jenny Korn (Trustee) $0 $0 $0
Jack Mcneil (Treasurer) $0 $0 $0
Lucia Perasso (Trustee) $0 $0 $0
Jia Natalia Chen (Secretary) $0 $0 $0
Abigail Kalmbach (Trustee) $0 $0 $0
Jessica Duke (Trustee) $0 $0 $0
Ariana Vera (Trustee) $0 $0 $0
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Document Links

990
Filed on Dec. 1, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,260,430
Expenses
$1,455,138
Net Income
-$194,708
Net Assets
$3,321,733
Notable Sources of Revenue Percent of Total Revenue
Contributions $131,581
10.4%
Program Services $1,105,601
87.7%
Investment Income $19,278
1.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,970
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $378,670
26.0%
Assets/Debt
Total Assets $3,353,179
Total Liabilities $31,446
Net Assets $3,321,733
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,584,992
Expenses
$1,404,570
Net Income
$180,422
Net Assets
$3,516,441
Notable Sources of Revenue Percent of Total Revenue
Contributions $120,740
7.6%
Program Services $1,442,199
91.0%
Investment Income $17,325
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,728
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $382,938
27.3%
Assets/Debt
Total Assets $3,538,686
Total Liabilities $22,245
Net Assets $3,516,441
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,557,819
Expenses
$1,505,048
Net Income
$52,771
Net Assets
$3,336,019
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,365
0.1%
Program Services $1,545,493
99.2%
Investment Income $7,455
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,506
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $414,645
27.6%
Assets/Debt
Total Assets $3,354,227
Total Liabilities $18,208
Net Assets $3,336,019
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,097,711
Expenses
$1,734,483
Net Income
$363,228
Net Assets
$3,283,248
Notable Sources of Revenue Percent of Total Revenue
Contributions $216,695
10.3%
Program Services $1,873,061
89.3%
Investment Income $1,569
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,386
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $48,000
2.8%
Other Salaries and Wages $500,230
28.8%
Assets/Debt
Total Assets $3,286,715
Total Liabilities $3,467
Net Assets $3,283,248
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,303,734
Expenses
$1,757,371
Net Income
$546,363
Net Assets
$2,920,020
Notable Sources of Revenue Percent of Total Revenue
Contributions $297,685
12.9%
Program Services $1,995,765
86.6%
Investment Income $1,193
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $9,091
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $72,000
4.1%
Other Salaries and Wages $498,365
28.4%
Assets/Debt
Total Assets $2,944,960
Total Liabilities $24,940
Net Assets $2,920,020
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $1,400

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,394,727
Expenses
$1,915,337
Net Income
$479,390
Net Assets
$2,373,657
Notable Sources of Revenue Percent of Total Revenue
Contributions $372,907
15.6%
Program Services $2,016,593
84.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,227
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $112,482
5.9%
Other Salaries and Wages $489,327
25.5%
Assets/Debt
Total Assets $2,383,774
Total Liabilities $10,117
Net Assets $2,373,657
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,992,013
Expenses
$1,861,188
Net Income
$130,825
Net Assets
$1,894,267
Notable Sources of Revenue Percent of Total Revenue
Contributions $27,572
1.4%
Program Services $1,936,952
97.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $27,489
1.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $70,120
3.8%
Other Salaries and Wages $486,554
26.1%
Assets/Debt
Total Assets $1,901,901
Total Liabilities $7,634
Net Assets $1,894,267
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,804,783
Expenses
$1,898,882
Net Income
-$94,099
Net Assets
$1,763,442
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,806
0.2%
Program Services $1,759,656
97.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $42,321
2.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $479,705
25.3%
Assets/Debt
Total Assets $1,931,232
Total Liabilities $167,790
Net Assets $1,763,442
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,488,568
Expenses
$1,428,462
Net Income
$60,106
Net Assets
$3,123,741
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,040
0.2%
Program Services $1,475,791
99.1%
Investment Income $10
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $9,727
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $368,391
25.8%
Assets/Debt
Total Assets $3,135,393
Total Liabilities $11,652
Net Assets $3,123,741
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,456,061
Expenses
$1,473,722
Net Income
-$17,661
Net Assets
$3,063,635
Notable Sources of Revenue Percent of Total Revenue
Contributions $75,618
5.2%
Program Services $1,373,781
94.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,662
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $354,013
24.0%
Assets/Debt
Total Assets $3,153,351
Total Liabilities $89,716
Net Assets $3,063,635
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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