Point Independence Yacht Club Inc

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

EIN: 041734331 ✦ Onset, MA ✦ Designated as a 501(c)(7)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Point Independence Yacht Club Inc?

Point Independence Yacht Club Inc is a nonprofit organization situated in Onset, Massachusetts. Their primary focus is to offer their members a serene oceanfront clubhouse and comprehensive boating facilities, designed for leisure and relaxation. Beyond serving their members, the club also extends a secure harbor for passing boaters, providing a safe haven during their journeys.

Is Point Independence Yacht Club Inc legitimate?

Point Independence Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Point Independence Yacht Club Inc 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: $109,487

For more financial information, click here

What is the mission statement of Point Independence Yacht Club Inc?

Point Independence Yacht Club Inc's mission is centered around providing its members with an oceanside retreat and comprehensive boating facilities. The club's primary objective is to offer its members a comfortable clubhouse by the sea, along with complete boating amenities. The organization also serves as a secure haven for transient boaters, ensuring their safety and providing them with necessary facilities. The club's mission is to enhance the leisure and relaxation experiences of its members, fostering a sense of community and camaraderie among its boat-loving members.

Who is the CEO of Point Independence Yacht Club Inc?

Erin Schaaf is the Director of Point Independence Yacht Club Inc.

What is the revenue of Point Independence Yacht Club Inc?

Point Independence Yacht Club Inc's revenue in 2022 was $617,941.

Who are the executives of Point Independence Yacht Club Inc and what are their salaries?


Here are 15 key members and their salaries:


Chris Kuppens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas P Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel J Donovan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Iappini (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Melloni (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald E Phipps (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey J Bukunt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emanual Gomes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Bukunt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Langlais (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Coughlin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Schaaf (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Enos (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Point Independence Yacht Club Inc?

Point Independence Yacht Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Point Independence Yacht Club Inc

Point Independence Yacht Club Inc is dedicated to serving its members by offering a seaside clubhouse and comprehensive boating facilities. The organization's mission is to create an environment that allows members to unwind and enjoy their leisure time. Beyond providing a comfortable clubhouse, Point Independence Yacht Club Inc also offers secure facilities for transient boaters, ensuring a safe haven for those sailing the seas. This commitment to its members and passing boaters reflects the club's desire to foster a sense of community and relaxation on the water.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Point Independence Yacht Club Inc fosters a vibrant community for boating enthusiasts in Onset, MA, by offering an inviting oceanside clubhouse and comprehensive boating facilities. By creating a space for relaxation and enjoyment, it enhances the recreational options available to its members, promoting a lifestyle centered around the joys of the ocean and boating.

The club also serves as a safe haven for transient boaters, contributing to the local maritime culture and economy. This integration of members and visitors cultivates a sense of camaraderie and shared passion for water-based activities, enriching the overall community experience. Through its amenities, Point Independence Yacht Club Inc not only facilitates leisure but also supports a strong network of boating relationships and community engagement.




This information is meant to be a general summary of Point Independence Yacht Club Inc. 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
$617,941 (2022)
Expenses
$580,060 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $632
  • Program Service Revenue: $551,308
  • Gross Receipts: $880,112

Assets and Liabilities:

  • Total Assets: $2,162,491
  • Total Liabilities: $644,256
  • Net Assets: $1,518,235

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

SLIPS, MOORING, TENDER

Revenue

$324,069

MEMBER DUES, FEES, ASS

Revenue

$201,121

LOCKERS, RENTALS, STOR

Revenue

$26,118

Organization Details

Founding Year

1908

Principal Officer

Erin Schaaf

Main Address

15 INDEPENDENCE LANE, ONSET, MA, 02558

NTEE Category

Code: N50 - Recreation

If you are a representative of Point Independence Yacht Club Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.