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
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Other Salaries and Wages: $97,909
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
Who is the CEO of Metropolitan Yacht Club?
Mary Ann Kozlow is the Elected Trustee/Safety Cha of Metropolitan Yacht Club.
Official website here: www.metyc.com
What is the revenue of Metropolitan Yacht Club?
Metropolitan Yacht Club's revenue in 2022 was $678,665.
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 2022 was $8,901. There are 11 employees at Metropolitan Yacht Club.
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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 2022 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.
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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 2022.
- Investment Income: -$11,836
- Program Service Revenue: $690,501
- Gross Receipts: $692,337
Assets and Liabilities:
- Total Assets: $1,444,938
- Total Liabilities: $246,545
- Net Assets: $1,198,393
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER
Revenue
$264,273
SLIP FEES
Revenue
$251,352
MEMBERSHIP DUES
Revenue
$70,400
HAULING AND LAUNCHING
Revenue
$63,825
ELECTRICITY
Revenue
$40,651
Organization Details
Founding Year
1947
Phone
(781) 843-9882Principal Officer
Mary Ann Kozlow
Main Address
39 VINEDALE ROAD, EAST BRAINTREE, MA, 02184
Website
www.metyc.comNTEE Category
Code: N50 - Recreation
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