Overview
What is Sandy Bay Yacht Clubinc?
Sandy Bay Yacht Clubinc, situated in Rockport, Massachusetts, serves as a vibrant social or country club. Its primary focus is centered around the nautical world, with a prominent sailing program at its core. The club's mission is to promote yachting activities, fostering a sense of community and camaraderie among its members. The club may offer various resources and opportunities for members to engage in sailing-related activities, contributing to a rich maritime culture in Rockport.
Is Sandy Bay Yacht Clubinc legitimate?
Sandy Bay Yacht Clubinc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Sandy Bay Yacht Clubinc 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: $118,142
For more financial information, click here
What is the mission statement of Sandy Bay Yacht Clubinc?
The Sandy Bay Yacht Club, as a social or recreational club, is dedicated to fostering a yachting culture and offering a sailing program. Its mission is centered around promoting yachting activities and providing a platform for sailing enthusiasts. The club likely serves as a hub for sailors, offering opportunities for camaraderie, skill development, and competitive events. The focus is on nurturing an interest in yachting and sailing, potentially offering instructional programs or hosting regattas.
Who is the CEO of Sandy Bay Yacht Clubinc?
Ralph Block is the President of Sandy Bay Yacht Clubinc.
What is the revenue of Sandy Bay Yacht Clubinc?
Sandy Bay Yacht Clubinc's revenue in 2022 was $339,677.
Who are the executives of Sandy Bay Yacht Clubinc and what are their salaries?
The average compensation at Sandy Bay Yacht Clubinc during 2022 was $9,088. There are 13 employees and 11 volunteers at Sandy Bay Yacht Clubinc.
Here are 11 key members and their salaries:
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- Compensation: $2,000
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- Other: $0
- Compensation: $750
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- Other: $0
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- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Sandy Bay Yacht Clubinc?
Sandy Bay Yacht Clubinc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sandy Bay Yacht Clubinc
Sandy Bay Yacht Club, as a social or country club, is dedicated to the pursuit of yachting and sailing. Its mission is centered around fostering a community that revolves around these activities. The club serves as a platform for individuals with a shared interest in yachting and sailing, providing an environment where they can engage in these activities and build camaraderie.
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Impact
October, 2024
Sandy Bay Yacht Club significantly enhances the community through its vibrant sailing programs and recreational activities in Rockport, MA. By fostering a love for sailing and water sports, it encourages a sense of camaraderie and connections among members and residents. The club provides opportunities for skill development, competition, and social engagement, thereby promoting a healthy and active lifestyle. The emphasis on sailing not only cultivates individual sporting excellence but also emphasizes teamwork and community spirit. Additionally, its presence contributes to the local economy, attracting visitors and boosting related businesses in the area. Overall, Sandy Bay Yacht Club enriches the quality of life in Rockport by promoting recreation, community engagement, and environmental stewardship.
This information is meant to be a general summary of Sandy Bay Yacht Clubinc. 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: $10,792
- Program Service Revenue: $328,885
- Gross Receipts: $339,677
Assets and Liabilities:
- Total Assets: $497,113
- Total Liabilities: $0
- Net Assets: $497,113
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$309,944
SHARED SERVICES
Revenue
$12,000
LAUNCH AND OTHER SERVICES
Revenue
$6,941
Organization Details
Founding Year
1885
Phone
(617) 823-6383Principal Officer
Ralph Block
Main Address
PO BOX 37, ROCKPORT, MA, 01966
NTEE Category
Code: N50 - Recreation
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