Down East Yacht Club

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

EIN: 016027054 ✦ Boothbay harbor, ME ✦ Designated as a 501(c)(7)

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Overview

What is Down East Yacht Club?

The Down East Yacht Club is a nonprofit organization situated in the Boothbay Harbor region of Maine. Its primary objective is to foster a love for yachting within the community by offering facilities, programs, and a welcoming environment for its members. Throughout the year, the club organizes various social events, outings, cruises, and yachting-related activities, providing its members with ample opportunities to engage and enjoy their shared passion.


Official website here: www.downeastyachtclub.com

Is Down East Yacht Club legitimate?

Down East Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Down East Yacht Club submitted a form 990EZ, 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.


Official website here: www.downeastyachtclub.com

What is the mission statement of Down East Yacht Club?

The Down East Yacht Club's mission is centered around fostering yachting in its community. It achieves this by offering facilities, organizing events, and providing a sense of camaraderie for its members. Throughout the year, the club arranges social gatherings, outings, and cruises that cater to its members' interest in yachting. The club's activities aim to create an enjoyable yachting experience for its members.


Official website here: www.downeastyachtclub.com

Who is the CEO of Down East Yacht Club?

Jack Brennan is the Treasurer of Down East Yacht Club.


Official website here: www.downeastyachtclub.com

What is the revenue of Down East Yacht Club?

Down East Yacht Club's revenue in 2022 was $78,873.


Official website here: www.downeastyachtclub.com

Who are the executives of Down East Yacht Club and what are their salaries?


Here are 15 key members and their salaries:


Jeanne Koenig (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Rugh (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Pope (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Brennan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Pope (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Blake (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill George (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Ryan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Freeman Etheridge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Win Russell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Hamilton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Richardson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Mccarthy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Ridlon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.downeastyachtclub.com

Where can I find the form 990EZ for Down East Yacht Club?

Down East Yacht Club's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.downeastyachtclub.com

Learn more at the official website: www.downeastyachtclub.com

Mission Statement of Down East Yacht Club

Down East Yacht Club, as a nonprofit organization, is dedicated to fostering an interest in yachting within the Boothbay Harbor region of Maine. By offering its members various facilities, programs, and opportunities for camaraderie, the club aims to enhance their yachting experience. Throughout the year, Down East Yacht Club organizes a variety of events such as social gatherings, outings, and cruises that cater to its members' interest in yachting, providing them with enjoyable experiences.

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Impact




October, 2024

Down East Yacht Club significantly enhances the yachting community in Boothbay Harbor, Maine, through its commitment to promoting recreational boating and fostering camaraderie among its members. By providing well-maintained facilities and organizing a variety of programs, the club creates an inviting atmosphere for both novice and seasoned boaters to engage in yachting activities.

The club hosts numerous social gatherings, outings, and yachting-related events throughout the year, allowing members to connect with one another and share their passion for boating. This sense of fellowship not only strengthens community ties but also enriches the overall experience of being part of the maritime culture in the region. The vibrant event calendar encourages participation and engagement, helping to cultivate a strong, supportive network among boating enthusiasts.

Additionally, Down East Yacht Club's activities contribute to the local economy by attracting visitors and fostering tourism in the area, showcasing the natural beauty of Boothbay Harbor. Through its focus on recreation, the club plays a vital role in promoting an active lifestyle and appreciation for the sea among its members and the wider community.




This information is meant to be a general summary of Down East 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
$78,873 (2022)
Expenses
$69,357 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,365
  • Program Service Revenue: $32,204
  • Gross Receipts: $82,864

Assets and Liabilities:

  • Total Assets: $74,984
  • Total Liabilities: $0
  • Net Assets: $74,984

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Organization Details

Principal Officer

Jack Brennan

Main Address

PO Box 845, Boothbay Harbor, ME, 04538

NTEE Category

Code: N50 - Recreation

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