Stone Horse Yacht Club Inc

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

EIN: 042280071 ✦ Brewster, MA ✦ Designated as a 501(c)(7)

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Overview

What is Stone Horse Yacht Club Inc?

Stone Horse Yacht Club Inc is a nonprofit organization dedicated to fostering and advocating for the sport of sailing. They do so by operating under a recreational, leisure, or social club framework, promoting sailing as a pastime or leisure activity. Their mission is to encourage and stimulate interest in sailing, catering to both enthusiasts and beginners alike.

Is Stone Horse Yacht Club Inc legitimate?

Stone Horse Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Stone Horse 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: $102,174

For more financial information, click here

What is the mission statement of Stone Horse Yacht Club Inc?

Stone Horse Yacht Club Inc's mission is centered around fostering and advancing the sport of sailing. They achieve this objective by operating as a recreational, pleasure, or social club. The club's primary focus is to encourage participation in sailing activities, promoting enjoyment and camaraderie among its members. The club's mission does not specify any research or educational initiatives related to sailing but rather emphasizes the recreational aspect of the sport. Stone Horse Yacht Club Inc's activities may include organizing events, providing resources, and facilitating networking opportunities for sailing enthusiasts.

Who is the CEO of Stone Horse Yacht Club Inc?

Andrew Barrett is the President of Stone Horse Yacht Club Inc.

What is the revenue of Stone Horse Yacht Club Inc?

Stone Horse Yacht Club Inc's revenue in 2022 was $356,029.

Who are the executives of Stone Horse Yacht Club Inc and what are their salaries?

The average compensation at Stone Horse Yacht Club Inc during 2022 was $3,930. There are 26 employees at Stone Horse Yacht Club Inc.


Here are 5 key members and their salaries:


Andrew Barrett (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Garrity (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey P Sullivan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Visco (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Ward (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Stone Horse Yacht Club Inc?

Stone Horse Yacht Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Stone Horse Yacht Club Inc

Stone Horse Yacht Club Inc, a dedicated organization, is committed to fostering and advancing the popularity of sailing. They achieve this mission through a recreational, leisurely, or social club setup. By encouraging participation in sailing, the club aims to make the sport accessible and enjoyable for all. This approach not only promotes the love of sailing but also fosters a sense of camaraderie and community among its members.

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Impact




October, 2024

Stone Horse Yacht Club Inc significantly impacts the community by fostering a love for sailing and promoting an active outdoor lifestyle. By encouraging participation in sailing, the club not only enhances the recreational opportunities available to residents and visitors in Brewster, MA, but also builds a sense of community among members. The club serves as a social hub where individuals can connect, engage in shared interests, and enjoy the beauty of the water. Through its activities, Stone Horse Yacht Club inspires a new generation of sailors, contributes to local tourism, and supports the overall well-being of individuals by promoting health, teamwork, and environmental appreciation associated with sailing.




This information is meant to be a general summary of Stone Horse 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.

Revenue
$356,029 (2022)
Expenses
$354,513 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $73
  • Program Service Revenue: $355,956
  • Gross Receipts: $356,029

Assets and Liabilities:

  • Total Assets: $649,310
  • Total Liabilities: $11,542
  • Net Assets: $637,768

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DUES - FAMILY

Revenue

$155,463

SNACK BAR SALES

Revenue

$29,738

INITIATION FEES RECEIVED

Revenue

$17,000

DOCKAGE FEES

Revenue

$16,575

420 RACING - FULL SEASON

Revenue

$14,625

Organization Details

Founding Year

1933

Principal Officer

Andrew Barrett

Main Address

PO BOX 2291, BREWSTER, MA, 02631

NTEE Category

Code: N50 - Recreation

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