South Boston Yacht Club

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

EIN: 041851890 ✦ South boston, MA ✦ Designated as a 501(c)(7)

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Overview

What is South Boston Yacht Club?

The South Boston Yacht Club, located at 1849 Columbia Road, South Boston, Massachusetts 02127, is a nonprofit organization dedicated to fostering and supporting its members' proficiency in navigation and seafaring skills. Beyond navigation, the club aids members in managing, controlling, and ensuring the safety of their watercrafts. It offers various instructional programs, competitive racing events, and service-related functions for both senior and junior members. The club's mission is to encourage and assist its members in expanding their maritime expertise, ensuring a safe and enjoyable boating experience for all.


Official website here: www.southbostonyc.com

Is South Boston Yacht Club legitimate?

South Boston Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. South Boston 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: $134,901

For more financial information, click here


Official website here: www.southbostonyc.com

What is the mission statement of South Boston Yacht Club?

The South Boston Yacht Club's mission is centered around encouraging and assisting its members to become proficient in navigation and all aspects of seamanship. They provide instructional programs to help members manage, control, and ensure the safety of their vessels. The club also organizes racing competitions and offers related service functions for both senior and junior members. Its aim is to foster proficiency in navigational skills and promote safety within the marine community.


Official website here: www.southbostonyc.com

Who is the CEO of South Boston Yacht Club?

Anne Marie Adduci is the Treasurer of South Boston Yacht Club.


Official website here: www.southbostonyc.com

What is the revenue of South Boston Yacht Club?

South Boston Yacht Club's revenue in 2022 was $442,355.


Official website here: www.southbostonyc.com

Who are the executives of South Boston Yacht Club and what are their salaries?

The average compensation at South Boston Yacht Club during 2022 was $10,377. There are 13 employees and 90 volunteers at South Boston Yacht Club.


Here are 11 key members and their salaries:


Anne Marie Adduci (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Dalrymple (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Flaherty (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Flaherty (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eugene Frechette (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Hayes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara O'Dwyer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maurren O'Flaherty (Rear Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent Pino (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Procida (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Sheehan (Vice Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.southbostonyc.com

Where can I find the form 990 for South Boston Yacht Club?

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


Official website here: www.southbostonyc.com

Learn more at the official website: www.southbostonyc.com

Mission Statement of South Boston Yacht Club

The South Boston Yacht Club, in its mission, aims to encourage and assist its members in becoming proficient in navigation and all matters related to seamanship. This esteemed organization provides its members with instructional programs, fostering their abilities in navigation and ensuring the personal management, control, and safety of their crafts. Moreover, the club organizes racing competitions and offers related service functions for both its senior and junior members. These initiatives enable members to enhance their navigational skills and contribute to a safe boating environment.

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Impact




October, 2024

South Boston Yacht Club significantly enhances the maritime skills and safety practices of its members, fostering a strong community centered around seafaring. By providing instructional programs and racing competitions, the club cultivates proficiency in navigation and seamanship, ensuring members are equipped with the necessary knowledge and skills to manage their crafts safely. Additionally, the club plays a vital role in promoting a culture of safety on the water, which benefits not only its members but also the broader boating community. Through its commitment to education and competitive sailing, South Boston Yacht Club strengthens maritime traditions and encourages the responsible enjoyment of recreational boating in the region.




This information is meant to be a general summary of South Boston 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
$442,355 (2022)
Expenses
$462,442 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,784
  • Program Service Revenue: $105,836
  • Gross Receipts: $709,563

Assets and Liabilities:

  • Total Assets: $477,150
  • Total Liabilities: $0
  • Net Assets: $477,150

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Programs

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

BUILDING REVENUE

Revenue

$40,302

JUNIOR PROGRAM REVENUE

Revenue

$38,654

BOWLING REVENUE

Revenue

$14,186

WATERFRONT REVENUE

Revenue

$8,509

ENTERTAINMENT REVENUE

Revenue

$2,785

Organization Details

Founding Year

1877

Principal Officer

Anne Marie Adduci

Main Address

1849 COLUMBIA ROAD, SOUTH BOSTON, MA, 02127

NTEE Category

Code: N50 - Recreation

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