Overview
What is Winthrop Yacht Club Inc?
Winthrop Yacht Club Inc, located at 649 Shirley Street, Winthrop, Massachusetts 02152, is a nonprofit organization dedicated to offering yachting and various recreational activities and services to its members. Their primary mission is to promote sailing and instill proper seamanship, fostering a sense of camaraderie and leisure among its members. With a workforce of 61 individuals, the club provides an environment for its members to engage in enjoyable and enriching activities, contributing to the overall well-being of its community.
Official website here: www.win-yc.org
Is Winthrop Yacht Club Inc legitimate?
Winthrop Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Winthrop 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: $27,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $281,128
For more financial information, click here
Official website here: www.win-yc.org
What is the mission statement of Winthrop Yacht Club Inc?
The Winthrop Yacht Club Inc's mission is centered around providing yachting and various recreational activities and services to its members. This mission extends to promoting sailing and fostering good seamanship principles. In essence, the club aims to create an environment where its members can enjoy and engage in yachting activities, while also emphasizing the importance of sailing skills and responsibilities.
Official website here: www.win-yc.org
What is the revenue of Winthrop Yacht Club Inc?
Winthrop Yacht Club Inc's revenue in 2023 was $1,364,795.
Official website here: www.win-yc.org
Who are the executives of Winthrop Yacht Club Inc and what are their salaries?
The average compensation at Winthrop Yacht Club Inc during 2023 was $6,567. There are 47 employees and 25 volunteers at Winthrop Yacht Club Inc.
Here are 9 key members and their salaries:
- Compensation: $27,500
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.win-yc.org
Where can I find the form 990 for Winthrop Yacht Club Inc?
Winthrop Yacht Club Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.win-yc.org
Learn more at the official website: www.win-yc.org
Mission Statement of Winthrop Yacht Club Inc
Winthrop Yacht Club Inc, as a nonprofit organization, is dedicated to offering yachting and various leisure activities to its members. Their primary mission is to facilitate these recreational pursuits, with a specific focus on sailing and the promotion of good seamanship. By providing such activities, the club aims to enrich the lives of its members, fostering a sense of community and shared enjoyment of the sea.
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Impact
October, 2024
Winthrop Yacht Club Inc makes a significant impact by fostering a community centered around yachting and recreational activities in Winthrop, MA. It provides a platform for members to engage in sailing and enhance their skills in seamanship. By promoting water-based recreation, the club not only enriches the personal experiences of its members but also contributes to the local culture of outdoor activity and sportsmanship.
Through organized events, training sessions, and social gatherings, the club nurtures connections among members, encouraging camaraderie and teamwork. Additionally, the club's commitment to proper seamanship and sailing education helps instill a sense of responsibility and respect for the marine environment. This focus on recreational activities promotes a healthier lifestyle and creates opportunities for families and individuals to spend time together in an enjoyable setting.
Furthermore, the Winthrop Yacht Club serves as an economic booster for the local area, attracting visitors and participants to its events, which can stimulate local business and tourism. Overall, the club plays a vital role in enriching the community by promoting recreation, fostering relationships, and enhancing the local economy through its activities.
This information is meant to be a general summary of Winthrop 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $3,837
- Program Service Revenue: $1,228,625
- Gross Receipts: $1,418,286
Assets and Liabilities:
- Total Assets: $1,678,053
- Total Liabilities: $80,750
- Net Assets: $1,597,303
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Activities
Revenue
$693,542
Membership Dues & Assessments
Revenue
$535,083
Organization Details
Founding Year
1884
Principal Officer
Scott Kinsella
Website
www.win-yc.orgNTEE Category
Code: N03 - Recreation
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