Scituate Harbor Yacht Club

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

EIN: 041815705 ✦ Scituate, MA ✦ Designated as a 501(c)(7)

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Overview

What is Scituate Harbor Yacht Club?

The Scituate Harbor Yacht Club is a nonprofit organization that primarily focuses on offering social and recreational activities for its members. By providing these activities, the club fosters a sense of community and enjoyment among its members. The club's mission is to ensure that members have a fulfilling and engaging experience, promoting camaraderie and leisure time through various social and recreational events.


Official website here: www.shyc.net

Is Scituate Harbor Yacht Club legitimate?

Scituate Harbor Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Scituate Harbor 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $291,470

For more financial information, click here


Official website here: www.shyc.net

What is the mission statement of Scituate Harbor Yacht Club?

The Scituate Harbor Yacht Club's mission is focused on providing social and recreational activities for its members. This organization strives to create an environment where members can engage in enjoyable leisure activities, fostering a sense of community among its members. The club's primary goal is to facilitate these activities, aiming to enhance the overall experience and satisfaction of its members. It serves as a hub for social interaction and relaxation, offering a variety of recreational activities that cater to the diverse interests of its members.


Official website here: www.shyc.net

Who is the CEO of Scituate Harbor Yacht Club?

Robert Hamel is the Commodore of Scituate Harbor Yacht Club.


Official website here: www.shyc.net

What is the revenue of Scituate Harbor Yacht Club?

Scituate Harbor Yacht Club's revenue in 2022 was $1,295,140.


Official website here: www.shyc.net

Who are the executives of Scituate Harbor Yacht Club and what are their salaries?

The average compensation at Scituate Harbor Yacht Club during 2022 was $4,701. There are 62 employees at Scituate Harbor Yacht Club.


Here are 6 key members and their salaries:


Caroline Hughes Corbin (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve O'Donoghue (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Culbert (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Hamel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Baker (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Brabham (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.shyc.net

Where can I find the form 990 for Scituate Harbor Yacht Club?

Scituate Harbor Yacht Club's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.shyc.net

Learn more at the official website: www.shyc.net

Mission Statement of Scituate Harbor Yacht Club

Scituate Harbor Yacht Club, as a nonprofit organization, is dedicated to providing social and recreational activities for its members. Its mission is centered around creating an engaging environment where members can participate in various leisure activities, fostering a sense of community and camaraderie. The club's primary focus is on organizing and facilitating these activities, thereby enriching the lives of its members.

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Impact




October, 2024

Scituate Harbor Yacht Club plays a vital role in enhancing the social fabric and recreational opportunities in the Scituate community. By providing a variety of social and recreational activities, the club fosters connections among members and promotes a sense of belonging. Its offerings encourage outdoor activities and water sports, contributing to the overall wellness and enjoyment of local residents. The club serves as a gathering place for like-minded individuals who share an interest in sailing and marine activities, strengthening community ties and creating lasting friendships. Through its commitment to recreation, Scituate Harbor Yacht Club enriches the lives of its members and enhances the cultural environment of Scituate, Massachusetts.




This information is meant to be a general summary of Scituate Harbor 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
$1,295,140 (2022)
Expenses
$1,246,284 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,944
  • Program Service Revenue: $1,293,196
  • Gross Receipts: $1,295,140

Assets and Liabilities:

  • Total Assets: $3,432,864
  • Total Liabilities: $982,834
  • Net Assets: $2,450,030

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Programs

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

MARINA SPACE

Revenue

$303,031

OTHER PRIVILIGES

Revenue

$36,717

Organization Details

Founding Year

1940

Principal Officer

Robert Hamel

Main Address

84 JERICHO ROAD, SCITUATE, MA, 02066

NTEE Category

Code: N50 - Recreation

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