Hyannisport Yacht Club

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

EIN: 042257890 ✦ Hyannisport, MA ✦ Designated as a 501(c)(7)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Hyannisport Yacht Club?

The Hyannisport Yacht Club is a nonprofit organization, serving as a exclusive yacht club for its members. Although the provided information is limited, it suggests that the club's primary purpose is to cater to its members. However, specific details about the club's activities, initiatives, or community impact remain unclear.


Official website here: www.hyannisportyachtclub.com

Is Hyannisport Yacht Club legitimate?

Hyannisport Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Hyannisport 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: $110,828

For more financial information, click here


Official website here: www.hyannisportyachtclub.com

What is the mission statement of Hyannisport Yacht Club?

The Hyannisport Yacht Club serves as a yacht club for its members. While the provided information does not offer a specific mission statement, it is implied that the club's purpose is to provide a platform for its members to engage in yachting activities. The details provided do not mention any advocacy, research, or community outreach, suggesting a more recreational focus. However, without further information, it is challenging to provide a more detailed summary of the club's mission.


Official website here: www.hyannisportyachtclub.com

What is the revenue of Hyannisport Yacht Club?

Hyannisport Yacht Club's revenue in 2023 was $348,853.


Official website here: www.hyannisportyachtclub.com

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

The average compensation at Hyannisport Yacht Club during 2023 was $6,519. There are 17 employees at Hyannisport Yacht Club.

Here are 13 key members and their salaries:


Karim Basta (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cesar Brea (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicola Dempsey (Rear Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gitika Desai (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Dewey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hank Erbe (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julia Fabens (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Hayden (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clare O'Keefe (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Schmidt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bradley Shepherd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Smith (Vice Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hyannisportyachtclub.com

Where can I find the form 990 for Hyannisport Yacht Club?

Hyannisport Yacht Club's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.hyannisportyachtclub.com

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

Mission Statement of Hyannisport Yacht Club

Hyannisport Yacht Club, as its name suggests, is primarily a club dedicated to its members who share a passion for yachting. While the provided information is limited, it implies that the club's primary activity revolves around the yachting experience for its members. The mission of Hyannisport Yacht Club, however, is not explicitly stated in the data provided. It would be speculative to assume that the club's mission is solely focused on yachting activities, as many clubs often have a broader mission that includes community engagement, social events, and other member-focused initiatives. Without more specific data, it is challenging to provide a detailed summary of the club's mission. However, based on the name and activity description, it can be inferred that the mission of Hyannisport Yacht Club likely involves promoting and facilitating yachting activities for its members, fostering a sense of community, and providing a space for members to enjoy their shared passion.

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

Hyannisport Yacht Club serves as a vibrant recreational hub for its members, fostering a strong sense of community and connection among sailing enthusiasts. Located in Hyannisport, Massachusetts, the club provides access to a variety of water activities, promoting an active and engaged lifestyle. Its picturesque setting enhances the experience, drawing members together for social events, competitions, and sailing instruction.

The club contributes significantly to the local economy by attracting visitors and hosting events that generate tourism and associated revenue. Additionally, it plays a role in preserving the coastal environment by encouraging sustainable boating practices and fostering an appreciation for marine ecosystems among its members. Overall, Hyannisport Yacht Club enhances the quality of life for its members while positively impacting the community and economy of the area.




This information is meant to be a general summary of Hyannisport 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
$348,853 (2023)
Expenses
$277,240 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $4,933
  • Program Service Revenue: $252,849
  • Gross Receipts: $378,814

Assets and Liabilities:

  • Total Assets: $282,897
  • Total Liabilities: $1,044
  • Net Assets: $281,853

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.

PROGRAM SERVICE REVENUE

Revenue

$252,849

Organization Details

Principal Officer

Hank Erbe

NTEE Category

Code: N50 - Recreation

If you are a representative of Hyannisport 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.