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Nonprofit · EIN 21-0730244

TOWER CLUB OF PRINCETON UNIVERSITY

Tax-exempt · PRINCETON, NJ 08540

Financials

$2.2M$1.8M2022$1.6M$2.1M2023$2.7M$2.3M2024
Revenue Expenses · by fiscal year end
Financials of TOWER CLUB OF PRINCETON UNIVERSITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,671,385$2,349,022$322,363$5,318,872$746,116$4,572,756
June 30, 2024990$1,607,288$2,091,803-$484,515$4,853,563$713,515$4,140,048
June 30, 2023990$2,168,188$1,837,255$330,933$5,177,183$738,519$4,438,664
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,545,750
Investment income
$124,216
Other revenue
$1,419

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$561,477
Salaries, compensation and benefits (total)
$753,933
Professional fundraising fees
$0
Accounting fees
$27,495
Occupancy
$241,149
Travel
$746
Depreciation
$116,508

Balance sheet and other

Total assets, start of year
$4,853,563
Total assets, end of year
$5,318,872
Total liabilities, end of year
$746,116
Net assets, end of year
$4,572,756
Land, buildings and equipment
$2,318,682
Publicly traded securities
$560,389
Gross unrelated business income
$124,216
Gross receipts
$2,671,385
Employees
49
Volunteers
0
Year formed
1902
State of legal domicile
NJ

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JAMES HAYESGENERAL MANAGER
Highest-paid employee
40$125,725$4,400
GREGORY BERZOLLACHAIR
Trustee or director, Officer
1$0$0
CHARLES B HUGHESVICE CHAIR
Trustee or director, Officer
1$0$0
FRANK MIRABELLOTRUSTEE
Trustee or director
1$0$0
MICHAEL MATEJEKTRUSTEE
Trustee or director
1$0$0
WILLIAM RYANTRUSTEE
Trustee or director
1$0$0
PAUL YAKULISTRUSTEE
Trustee or director
1$0$0
JONATHAN FERNANDEZTRUSTEE
Trustee or director
1$0$0
RACHEL MACAULAYTRUSTEE
Trustee or director
1$0$0
CHARLIE SWIFTTRUSTEE
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensationOther / benefits
JAMES HAYESGENERAL MANAGER
Highest-paid employee
40$116,808$4,169
GREGORY BERZOLLACHAIR
Trustee or director, Officer
1$0$0
CHARLES B HUGHESVICE CHAIR
Trustee or director, Officer
1$0$0
FRANK MIRABELLOTRUSTEE
Trustee or director
1$0$0
MICHAEL MATEJEKTRUSTEE
Trustee or director
1$0$0
WILLIAM RYANTRUSTEE
Trustee or director
1$0$0
PAUL YAKULISTRUSTEE
Trustee or director
1$0$0
JONATHAN FERNANDEZTRUSTEE
Trustee or director
1$0$0
RACHEL MACAULAYTRUSTEE
Trustee or director
1$0$0
CHARLIE SWIFTTRUSTEE
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 11 people
NameTitleHours / weekCompensation
JAMES HAYESGENERAL MANAGER
Highest-paid employee
40$112,450
DAVID WOFFINDINTREASURER
Trustee or director, Officer
1$0
MICHAEL MATEJEKTRUSTEE
Trustee or director
1$0
FRANK MIRABELLOTRUSTEE
Trustee or director
1$0
GREGORY BERZOLLACHAIR
Trustee or director, Officer
1$0
WILLIAM RYANTRUSTEE
Trustee or director
1$0
CHARLES B HUGHESVICE CHAIR
Trustee or director, Officer
1$0
JONATHAN FERNANDEZTRUSTEE
Trustee or director
1$0
PAUL YAKULISTRUSTEE
Trustee or director
1$0
CHARLIE SWIFTTRUSTEE
Trustee or director
1$0
RACHEL MACAULAYTRUSTEE
Trustee or director
1$0

Address and contacts

Address (IRS master file)
13 PROSPECT AVE, PRINCETON, NJ 08540-5298
Principal officer (990 for 2024)
GREG BERZOLLA, 13 PROSPECT AVE, PRINCETON, NJ 08540
Signed the 990
GREG BERZOLLA, CHAIR
Phone
(609) 924-0473
Return prepared by
KLATZKIN & COMPANY LLP

Mission

TO PROVIDE FOOD, SOCIAL AND EDUCATIONAL ACTIVITIES TO ITS MEMBERS.

990 for the year ended June 30, 2025

Program accomplishments

  • TO PROVIDE FOOD, SOCIAL AND EDUCATIONAL ACTIVITIES TO ITS MEMBERS.

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
21-0730244
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1942
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,318,872
Income (IRS master file)
$2,671,385

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,671,385$2,349,022$5,318,872IRS
990June 2024$1,607,288$2,091,803$4,853,563XML
990June 2023$2,168,188$1,837,255$5,177,183XML
990June 2022$2,528,530$2,069,716$4,763,749IRS
990June 2021–––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 21-0730244).

Questions about TOWER CLUB OF PRINCETON UNIVERSITY

What is the EIN of TOWER CLUB OF PRINCETON UNIVERSITY?
The employer identification number (EIN) of TOWER CLUB OF PRINCETON UNIVERSITY is 21-0730244.
Is TOWER CLUB OF PRINCETON UNIVERSITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1942.
Are donations to TOWER CLUB OF PRINCETON UNIVERSITY tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does TOWER CLUB OF PRINCETON UNIVERSITY 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 TOWER CLUB OF PRINCETON UNIVERSITY due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TOWER CLUB OF PRINCETON UNIVERSITY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of TOWER CLUB OF PRINCETON UNIVERSITY?
The 990 for the year ended June 30, 2025 names GREG BERZOLLA.
Who are the officers and directors of TOWER CLUB OF PRINCETON UNIVERSITY?
The 990 for the year ended June 30, 2025 lists 10 people; 1 received compensation from the organization, the highest $125,725 (JAMES HAYES, GENERAL MANAGER).
How much revenue does TOWER CLUB OF PRINCETON UNIVERSITY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,671,385, expenses of $2,349,022 and total assets of $5,318,872 at year end.

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