Overview
What is Dennis Yacht Club Inc?
Dennis Yacht Club Inc, based in East Dennis, Massachusetts, is a nonprofit organization dedicated to promoting the sport of sailing. They achieve this mission by offering and maintaining appropriate boating equipment and docking facilities for their program. Their activities extend beyond just sailing, encompassing athletic exercise and social events related to yachting. With a team of 11 dedicated individuals, Dennis Yacht Club Inc aims to foster a community centered around sailing and related activities.
Official website here: www.dennisyc.com
Is Dennis Yacht Club Inc legitimate?
Dennis Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Dennis 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $90,132
For more financial information, click here
Official website here: www.dennisyc.com
What is the mission statement of Dennis Yacht Club Inc?
The Dennis Yacht Club Inc's mission is centered around promoting yachting, physical exercise, and social engagement. They strive to encourage these activities and provide the necessary facilities for sailing, such as boat equipment and docking accommodations, to support their program. The club's primary objective is to foster a community that values yachting and offers opportunities for athletic exercise and social interaction.
Official website here: www.dennisyc.com
Who is the CEO of Dennis Yacht Club Inc?
David Machon is the President of Dennis Yacht Club Inc.
Official website here: www.dennisyc.com
What is the revenue of Dennis Yacht Club Inc?
Dennis Yacht Club Inc's revenue in 2022 was $353,681.
Official website here: www.dennisyc.com
Who are the executives of Dennis Yacht Club Inc and what are their salaries?
The average compensation at Dennis Yacht Club Inc during 2022 was $8,194. There are 11 employees at Dennis Yacht Club Inc.
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Official website here: www.dennisyc.com
Where can I find the form 990 for Dennis Yacht Club Inc?
Dennis Yacht Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dennisyc.com
Learn more at the official website: www.dennisyc.com
Mission Statement of Dennis Yacht Club Inc
Dennis Yacht Club Inc is committed to encouraging yachting, athletic exercise, and social activities associated with it. Their mission is to foster the sport of sailing and provide appropriate boating equipment and docking accommodations for this purpose. This organization aims to promote an active and social environment surrounding yachting, encouraging participation and enjoyment of the sport.
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Impact
October, 2024
Dennis Yacht Club Inc contributes significantly to the local community by promoting yachting and sailing as recreational activities. By providing access to quality boating equipment and docking accommodations, it creates an environment that fosters athletic exercise and social interaction among its members.
The club serves as a hub for individuals and families to engage in sailing, enhancing physical well-being and encouraging outdoor activity. Additionally, it helps build a sense of community through social events and gatherings centered around the sport of sailing. By nurturing these interests, Dennis Yacht Club Inc not only enhances the quality of life in East Dennis, MA but also instills a passion for yachting and water-based activities, enriching the local culture and promoting healthy lifestyles.
This information is meant to be a general summary of Dennis 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 2022.
- Investment Income: $243
- Program Service Revenue: $331,651
- Gross Receipts: $354,081
Assets and Liabilities:
- Total Assets: $687,833
- Total Liabilities: $13,989
- Net Assets: $673,844
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER DUES
Revenue
$231,106
FOOD AND BEVERAGE
Revenue
$42,150
OTHER INCOME
Revenue
$32,710
SAILING PROGRAM
Revenue
$10,170
MEMBER INITIATION FEES
Revenue
$8,000
Organization Details
Founding Year
1949
Phone
(508) 385-3741Principal Officer
David Machon
Main Address
PO BOX 556, EAST DENNIS, MA, 02641
Website
www.dennisyc.comNTEE Category
Code: N50 - Recreation
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