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Nonprofit · EIN 13-1840276

NIPPON CLUB INC

Tax-exempt · NEW YORK, NY 10020

Financials

$2.8M$3M2022$2.5M$3.3M2023$6.8M$3.6M2024
Revenue Expenses · by fiscal year end
Financials of NIPPON CLUB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990$6,824,557$3,634,720$3,189,837$15,236,708$17,834,849-$2,598,141
March 31, 2024990$2,497,282$3,300,949-$803,667$3,887,924$9,150,059-$5,262,135
March 31, 2023990$2,810,312$3,041,439-$231,127$4,695,316$9,034,285-$4,338,969
Financial details: 990 for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,739,049
Investment income
$4,176,958
Net rental income
$121,581
Net gain from sales of assets
$3,973,051
Net income from sales of inventory
$465,048
Other revenue
$908,550

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$121,800
Salaries, compensation and benefits (total)
$1,554,889
Professional fundraising fees
$0
Legal fees
$9,929
Accounting fees
$50,000
Occupancy
$982,251
Travel
$12,265
Depreciation
$53,161

Balance sheet and other

Total assets, start of year
$3,887,924
Total assets, end of year
$15,236,708
Total liabilities, end of year
$17,834,849
Net assets, end of year
-$2,598,141
Land, buildings and equipment
$198,501
Net assets without donor restrictions
-$2,598,141
Gross unrelated business income
$4,505,928
Gross receipts
$11,173,588
Employees
28
Volunteers
0
Year formed
1915
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended March 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MAEDA MASAAKIV.P. & ASSISTANT SECRETARY
Officer
30$156,386$0
NAITO HISAYAMANAGER
Highest-paid employee
40$101,643$18,741
BOARD OF DIRECTORSBOARD OF DIRECTORS
Trustee or director
0$0$0
BOARD OF OFFICERSBOARD OF OFFICERS
Officer
0$0$0
990 for the year ended March 31, 2024: 4 people
NameTitleHours / weekCompensationOther / benefits
MAEDA MASAAKIV.P. & ASSISTANT SECRETARY
Officer
30$155,428$0
YASUOKA HIDEKIGM EXECUTIVE CHEF
Highest-paid employee
40$119,184$24,032
BOARD OF DIRECTORSBOARD OF DIRECTORS
Trustee or director
0$0$0
BOARD OF OFFICERSBOARD OF OFFICERS
Officer
0$0$0
990 for the year ended March 31, 2023: 4 people
NameTitleHours / weekCompensationOther / benefits
MAEDA MASAAKIV.P. & ASSISTANT SECRETARY
Officer
30$123,000$37,180
YASUOKA HIDEKIGM EXECUTIVE CHEF
Highest-paid employee
40$113,208$22,856
BOARD OF DIRECTORSBOARD OF DIRECTORS
Trustee or director
0$0$0
BOARD OF OFFICERSBOARD OF OFFICERS
Officer
0$0$0

Address and contacts

Address (IRS master file)
604 5TH AVENUE, NEW YORK, NY 10020-2347
Principal officer (990 for 2024)
MASAAKI MAEDA, 145 WEST 57TH STREET, NEW YORK, NY 10019
Signed the 990
MASAAKI MAEDA, VICE PRESIDENT & ASSISTANT SECRETAR
Phone
(212) 581-2223
Return prepared by
KWC PARTNERS LLP

Mission

THE NIPPON CLUB, INC. (THE CLUB) WAS INCORPORATED AS A MEMBERSHIPCORPORATION ON MAY 24, 1915 UNDER THE MEMBERSHIP CORPORATION LAW OFTHE STATE OF NEW YORK. THE MAIN OBJECTIVE OF THE CLUB IS TO PROMOTEFRIENDSHIP AND BETTER CULTURAL, ECONOMIC AND INTERNATIONAL RELATIONS.

990 for the year ended March 31, 2025

Program accomplishments

  • RESTAURANT & BAR - PROVIDE FOOD AND BAR SERVICE FOR MEMBERSHIP EVENTSAND OTHER SPECIAL SOCIAL OCCASION
    Expenses $1,581,848 · revenue $668,711
  • CULTURE COURSES - PROVIDE VARIETY OF CULTURE COURSES FOR MEMBERS
    Expenses $290,489 · revenue $76,789
  • PROVIDE EVENTS AND ACTIVITIES FOR MEMBERS
    Expenses $455,298 · revenue $317,391

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
13-1840276
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1957
Accounting year ends
March
Files
Form 990 or 990-EZ
Assets (IRS master file)
$15,236,708
Income (IRS master file)
$11,173,588

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2025$6,824,557$3,634,720$15,236,708XML
990March 2024$2,497,282$3,300,949$3,887,924XML
990March 2023$2,810,312$3,041,439$4,695,316XML
990March 2022$2,414,426$2,860,491$5,280,854IRS
990March 2021–––IRS
990March 2020–––IRS
990March 2019–––IRS
990March 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-1840276).

Questions about NIPPON CLUB INC

What is the EIN of NIPPON CLUB INC?
The employer identification number (EIN) of NIPPON CLUB INC is 13-1840276.
Is NIPPON CLUB INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1957.
Are donations to NIPPON CLUB INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NIPPON CLUB INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NIPPON CLUB INC due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NIPPON CLUB INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2025.
Who is the principal officer of NIPPON CLUB INC?
The 990 for the year ended March 31, 2025 names MASAAKI MAEDA.
Who are the officers and directors of NIPPON CLUB INC?
The 990 for the year ended March 31, 2025 lists 4 people; 2 received compensation from the organization, the highest $156,386 (MAEDA MASAAKI, V.P. & ASSISTANT SECRETARY).
How much revenue does NIPPON CLUB INC have?
On its 990 for the year ended March 31, 2025 it reported revenue of $6,824,557, expenses of $3,634,720 and total assets of $15,236,708 at year end.

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