Overview
What is Metropolitan Yacht Club?
The Metropolitan Yacht Club is a nonprofit organization dedicated to promoting and fostering yachting. It offers its members a variety of amenities, such as a Club house, docking spaces, and facilities for hauling and storing yachts. In addition to these resources, the Club also arranges social events to engage and connect its members.
Official website here: www.metyc.com
Is Metropolitan Yacht Club legitimate?
Metropolitan Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Metropolitan 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: $51,994
For more financial information, click here
Official website here: www.metyc.com
What is the mission statement of Metropolitan Yacht Club?
The Metropolitan Yacht Club serves to promote and foster an interest in yachting. It offers its members a Club house, slipspace, and facilities for hauling and storage. Beyond providing essential amenities, the Club also organizes social events to engage and connect its members. In essence, the Metropolitan Yacht Club aims to cultivate a vibrant yachting community, offering both recreational and social opportunities.
Official website here: www.metyc.com
What is the revenue of Metropolitan Yacht Club?
Metropolitan Yacht Club's revenue in 2024 was $679,914.
Official website here: www.metyc.com
Who are the executives of Metropolitan Yacht Club and what are their salaries?
The average compensation at Metropolitan Yacht Club during 2024 was $4,727. There are 11 employees at Metropolitan Yacht Club.
Here are 45 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.metyc.com
Where can I find the form 990 for Metropolitan Yacht Club?
Metropolitan Yacht Club's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.metyc.com
Learn more at the official website: www.metyc.com
Mission Statement of Metropolitan Yacht Club
The Metropolitan Yacht Club, in its mission, fosters and endorses the practice of yachting. It offers its members a Clubhouse as a central hub, alongside slipspace, hauling, and storage facilities, to cater to their yachting needs. Beyond the practical aspects, the Club also arranges social events for its members, promoting camaraderie and a sense of community within its ranks.
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
Metropolitan Yacht Club significantly enhances community life in East Braintree, MA, by promoting and encouraging yachting as a recreational activity. With its well-equipped clubhouse and various facilities, including slip space, hauling, and storage, the club fosters an environment where members can engage actively in boating and water sports.
The club also plays a pivotal role in building a social network among its members, organizing numerous activities that cultivate camaraderie and shared interests in maritime culture. By bringing together individuals who are passionate about sailing and boating, Metropolitan Yacht Club strengthens community bonds and enriches the local social fabric, making yachting more accessible and enjoyable for all its members.
This information is meant to be a general summary of Metropolitan 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $22,897
- Program Service Revenue: $657,017
- Gross Receipts: $679,914
Assets and Liabilities:
- Total Assets: $1,444,938
- Total Liabilities: $246,545
- Net Assets: $1,198,393
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.
SLIP FEES
Revenue
$260,557
OTHER
Revenue
$193,259
MEMBERSHIP DUES
Revenue
$104,388
HAULING AND LAUNCHING
Revenue
$58,352
ELECTRICITY
Revenue
$40,461
Organization Details
Founding Year
1947
Principal Officer
Elaine Francomano
Website
www.metyc.comNTEE Category
Code: N50 - Recreation
If you are a representative of Metropolitan Yacht Club 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.