Bucks Harbor Yacht Club

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010242328 ✦ Blue hill, ME ✦ Designated as a 501(c)(7)

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Overview

What is Bucks Harbor Yacht Club?

Bucks Harbor Yacht Club is a nonprofit organization that prioritizes offering member services and education. One of their notable initiatives is a junior sailing program, which educates approximately 99 children of member families in fundamental sailing skills, water safety, and sailboat racing. This program plays a significant role in fostering their nautical competence and passion for sailing. The club's mission extends beyond just members, providing a supportive environment that promotes learning and development in young sailors.

Is Bucks Harbor Yacht Club legitimate?

Bucks Harbor Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Bucks Harbor 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $44,482

For more financial information, click here

What is the mission statement of Bucks Harbor Yacht Club?

The Bucks Harbor Yacht Club is committed to offering member services and promoting education. A notable aspect of their mission is the operation of a junior sailing program, which teaches fundamental sailing skills, water safety, and sailboat racing to around 99 children from member families.

What is the revenue of Bucks Harbor Yacht Club?

Bucks Harbor Yacht Club's revenue in 2023 was $362,645.

Who are the executives of Bucks Harbor Yacht Club and what are their salaries?

The average compensation at Bucks Harbor Yacht Club during 2023 was $3,177. There are 14 employees at Bucks Harbor Yacht Club.

Here are 12 key members and their salaries:


Ashley Oleyer (Membership)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Eaton (Commodore/Legal)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Bartholow (Treasurer/Legal/Taxes)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marilyn Heineman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Cassidy (Cruising)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Macarthur (Entertainment)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blake Brown (Finance)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mac Eysenbach (Long Range Planning Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Penn Lindsay (Junior Sailing Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Lisle (Tennis)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Murphy (Rear Commodore/Waterfront)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy Eysenbach (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bucks Harbor Yacht Club?

Bucks Harbor Yacht Club's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Bucks Harbor Yacht Club

Bucks Harbor Yacht Club, a community-driven organization, is committed to providing member services and fostering education. One of its significant initiatives is its junior sailing program. This program serves the children of its member families, teaching them essential sailing techniques, water safety, and the basics of sailboat racing. By doing so, Bucks Harbor Yacht Club not only offers recreational opportunities but also equips the young participants with valuable skills that can last a lifetime. This program is a testament to the club's dedication to nurturing its members and fostering a love for sailing among the younger generation.

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Impact




October, 2024

Bucks Harbor Yacht Club significantly enriches the community by offering valuable member services and educational opportunities centered around sailing. Its junior sailing program plays a crucial role in fostering a love for the sport among local youth, instructing around 99 children from member families in essential sailing techniques, waterfront safety, and competitive sailboat racing. This initiative not only enhances the skills and confidence of young sailors but also promotes safety awareness on the water. By cultivating a strong sense of community and encouraging outdoor recreation, Bucks Harbor Yacht Club contributes to the overall quality of life in Blue Hill, ME, while laying a foundation for future generations of sailors.




This information is meant to be a general summary of Bucks Harbor 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.

Revenue
$362,645 (2023)
Expenses
$315,281 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $7,010
  • Program Service Revenue: $101,917
  • Gross Receipts: $362,695

Assets and Liabilities:

  • Total Assets: $1,574,814
  • Total Liabilities: $388,920
  • Net Assets: $1,185,894

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Social Event Fees

Revenue

$8,749

Racing Fees

Revenue

$5,955

Junior Sailing Program Fees

Revenue

$46,833

Tennis Fees

Revenue

$21,030

Waterfront Fees

Revenue

$19,350

Organization Details

Founding Year

1905

Principal Officer

Peter Bartholow

NTEE Category

Code: N50 - Recreation

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