Overview
What is Kittery Point Yacht Club?
The Kittery Point Yacht Club serves as a social hub for enthusiasts of sailing and yachting. This nonprofit organization, located unspecified, offers a variety of engaging activities. Members can attend educational lectures and watch films related to their shared passion. Social events are also part of the club's calendar, fostering a sense of camaraderie among its members. The yacht club organizes and sponsors an annual regatta, providing an exciting competition opportunity. Additionally, the waterfront program includes amenities such as moorings, docks, lockers, and limited launch services, catering to both its members and visiting yachtsmen.
Is Kittery Point Yacht Club legitimate?
Kittery Point Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Kittery Point 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.
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What is the mission statement of Kittery Point Yacht Club?
The Kittery Point Yacht Club serves as a social hub for individuals with a passion for sailing and yachting. It provides a platform for educational sessions through lectures and films, as well as organizing social events. One of its notable activities is sponsoring an annual regatta for its members. The club also offers a comprehensive waterfront program, providing facilities such as moorings, docks, lockers, and limited launch services for both its members and visiting yachtsmen, thereby fostering a sense of community within the sailing and yachting enthusiasts.
What is the revenue of Kittery Point Yacht Club?
Kittery Point Yacht Club's revenue in 2023 was $326,037.
Who are the executives of Kittery Point Yacht Club and what are their salaries?
The average compensation at Kittery Point Yacht Club during 2023 was $5,721. There are 15 employees and 10 volunteers at Kittery Point Yacht Club.
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Where can I find the form 990 for Kittery Point Yacht Club?
Kittery Point Yacht Club's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Kittery Point Yacht Club
Kittery Point Yacht Club serves as a social hub for individuals with a passion for sailing and yachting. Its primary mission is to offer a congenial environment for enthusiasts, providing a variety of activities and opportunities. The club organizes educational lectures and screenings, along with social events, catering to the interests of its members. Moreover, Kittery Point Yacht Club sponsors an annual regatta, showcasing its commitment to the nautical community. The club's waterfront program includes essential facilities such as moorings, docks, lockers, and limited launch services, welcoming both its members and visiting yachtsmen. This well-equipped infrastructure further enhances the sailing experience, making Kittery Point Yacht Club an attractive destination for avid yacht enthusiasts.
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Impact
October, 2024
Kittery Point Yacht Club significantly enriches the sailing and yachting community by serving as a vibrant social hub for enthusiasts. It fosters a sense of camaraderie among members through educational lectures and films, which deepen knowledge and appreciation for maritime activities. The club also organizes social events that strengthen connections among members and promote a shared passion for sailing.
The annual regatta is a highlight of the club’s calendar, encouraging friendly competition and showcasing the skills of its participants. Beyond social and educational offerings, Kittery Point Yacht Club enhances the boating experience through its waterfront program, which provides essential services such as moorings, docks, and lockers. By offering limited launch services, it makes sailing more accessible to both members and visiting yachtsmen, contributing to a thriving maritime environment. Overall, the club plays a pivotal role in promoting recreation, fostering community, and celebrating the love of sailing.
This information is meant to be a general summary of Kittery Point 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 2023.
- Investment Income: $288
- Program Service Revenue: $231,433
- Gross Receipts: $347,946
Assets and Liabilities:
- Total Assets: $747,236
- Total Liabilities: $340,377
- Net Assets: $406,859
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES & ASSESSMENTS
Revenue
$80,990
SAILING SCHOOL
Revenue
$87,998
MOORING, DINGHY & LOCKER FEES
Revenue
$28,816
REGATTAS
Revenue
$21,114
SOCIAL PROGRAMS
Revenue
$11,025
Organization Details
Founding Year
1986
Principal Officer
David Severance
NTEE Category
Code: N50 - Recreation
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