Overview
What is Prouts Neck Yacht Club?
The Prouts Neck Yacht Club is a nonprofit organization that fosters an appreciation for yachting and sailing skills. By serving as a social platform, it allows members to engage in sailing activities and enjoy camaraderie. The club further supports its members with sailing programs, making it a comprehensive destination for both sailing enthusiasts and social gatherings.
Is Prouts Neck Yacht Club legitimate?
Prouts Neck Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Prouts Neck Yacht Club submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $19,939
Professional Fundraising Fees: $0
Other Salaries and Wages: $158,785
For more financial information, click here
What is the mission statement of Prouts Neck Yacht Club?
The Prouts Neck Yacht Club serves to foster a passion for yachting and seamanship. It operates as a social platform, enabling its members to engage in sailing activities and social events. Additionally, the club offers sailing programs to its members, catering to their nautical interests and skills development.
Who is the CEO of Prouts Neck Yacht Club?
Mary Lamontagne is the Commodore of Prouts Neck Yacht Club.
What is the revenue of Prouts Neck Yacht Club?
Prouts Neck Yacht Club's revenue in 2022 was $580,496.
Who are the executives of Prouts Neck Yacht Club and what are their salaries?
The average compensation at Prouts Neck Yacht Club during 2022 was $6,874. There are 26 employees at Prouts Neck Yacht Club.
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- Compensation: $19,939
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Where can I find the form 990 for Prouts Neck Yacht Club?
Prouts Neck Yacht Club's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Prouts Neck Yacht Club
Prouts Neck Yacht Club, a distinguished organization, is dedicated to promoting yachting and seamanship. Its mission is multifaceted, encompassing the encouragement of sailing skills and nautical knowledge. Beyond this, the club serves as a social hub for its members, offering them an opportunity to engage in sailing activities and foster camaraderie. Prouts Neck Yacht Club further enhances its offerings by providing sailing programs for its members, fostering a conducive environment for both leisurely and competitive sailing experiences.
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Impact
October, 2024
Prouts Neck Yacht Club significantly enhances the local community by fostering a love for yachting and seamanship among its members. By offering a welcoming social environment, the club promotes camaraderie and engagement among individuals who share a passion for sailing. Its sailing programs play a crucial role in developing skills and knowledge, ensuring that members not only enjoy recreational sailing but also gain confidence and expertise on the water.
The club’s activities contribute to the local economy by attracting visitors and their families, creating social events that strengthen community ties. Furthermore, through organized sailing programs, the club nurtures a sense of responsibility and respect for the maritime environment, encouraging stewardship among its members. In essence, Prouts Neck Yacht Club serves as a vital community hub, blending recreation, education, and social interaction to enrich the lives of its members and the broader Scarborough area.
This information is meant to be a general summary of Prouts Neck Yacht Club. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $10,664
- Program Service Revenue: $559,281
- Gross Receipts: $587,251
Assets and Liabilities:
- Total Assets: $403,300
- Total Liabilities: $0
- Net Assets: $403,300
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES & ASSE
Revenue
$298,664
MEMBER FEES
Revenue
$205,737
SOCIAL EVENTS & OTHER
Revenue
$32,505
INITIATION FEES
Revenue
$22,375
Organization Details
Founding Year
1926
Phone
(207) 883-2844Principal Officer
Mary Lamontagne
Main Address
499 BLACK POINT ROAD, SCARBOROUGH, ME, 04074
NTEE Category
Code: N50 - Recreation
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