Overview
What is Jubilee Yacht Club?
Jubilee Yacht Club, situated in Beverly, Massachusetts, functions as a social or country club, with a central focus on promoting yachting activities. This nonprofit organization is dedicated to fostering a sense of camaraderie and community among its members, sharing a passion for yachting as their mission. The club's primary purpose is to provide a platform for yacht enthusiasts to connect and engage in various yachting-related activities.
Official website here: www.jubileeyacht.club
Is Jubilee Yacht Club legitimate?
Jubilee Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Jubilee 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: $23,602
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.jubileeyacht.club
What is the mission statement of Jubilee Yacht Club?
The Jubilee Yacht Club, situated anonymously, functions as a social or country club. Its primary mission, in essence, revolves around the yachting community. This mission is focused on fostering a social atmosphere within the yachting community, which is the essence of its identity as a yacht club. The club does not disclose specific details about its objectives or goals beyond this general mission statement related to yachting.
Official website here: www.jubileeyacht.club
Who is the CEO of Jubilee Yacht Club?
Daniel Rabin is the Past Commodore of Jubilee Yacht Club.
Official website here: www.jubileeyacht.club
What is the revenue of Jubilee Yacht Club?
Jubilee Yacht Club's revenue in 2022 was $1,130,334.
Official website here: www.jubileeyacht.club
Who are the executives of Jubilee Yacht Club and what are their salaries?
The average compensation at Jubilee Yacht Club during 2022 was $381. There are 62 employees and 10 volunteers at Jubilee Yacht Club.
Here are 11 key members and their salaries:
- Compensation: $6,391
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $414
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $17,211
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $1,454
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.jubileeyacht.club
Where can I find the form 990 for Jubilee Yacht Club?
Jubilee Yacht Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.jubileeyacht.club
Learn more at the official website: www.jubileeyacht.club
Mission Statement of Jubilee Yacht Club
Jubilee Yacht Club, a social or country club situated in Beverly, MA, is dedicated to fulfilling its mission as a yacht club. The club's primary focus is on fostering a community centered around yachting activities and camaraderie. By serving as a yacht club, Jubilee Yacht Club provides an environment where members can engage in yachting-related activities, fostering a sense of belonging and shared passion for the sea. The club's mission is to promote yachting and create a welcoming atmosphere for its members.
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Impact
October, 2024
Jubilee Yacht Club plays a significant role in the recreational and social landscape of Beverly, MA. By providing a welcoming environment for sailing enthusiasts and social gatherings, the club fosters a sense of community among its members. It serves as a hub for individuals and families to enjoy nautical activities, promoting outdoor engagement and healthy lifestyles.
Through organized events, racing teams, and sailing lessons, the club enhances the appreciation for maritime skills and traditions. This not only contributes to individual growth and learning but also strengthens the local sailing culture. Furthermore, Jubilee Yacht Club's presence enriches the local economy by attracting visitors and promoting related businesses, such as marinas and marine supply stores. Overall, the club's commitment to recreation and community engagement significantly impacts both its members and the broader city of Beverly.
This information is meant to be a general summary of Jubilee 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: $858
- Program Service Revenue: $744,321
- Gross Receipts: $1,595,500
Assets and Liabilities:
- Total Assets: $2,059,051
- Total Liabilities: $68,133
- Net Assets: $1,990,918
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Yard Income
Revenue
$127,697
Capital income
Revenue
$150,000
Waterfront income
Revenue
$127,079
Bar income
Revenue
$267,436
Administrative income
Revenue
$44,914
Organization Details
Founding Year
1896
Phone
(978) 922-9611Principal Officer
Daniel Rabin
Main Address
PO Box 104, Beverly, MA, 01915
Website
www.jubileeyacht.clubNTEE Category
Code: N50 - Recreation
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