Woods Hole Yacht Club Inc

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

EIN: 042395282 ✦ Woods hole, MA ✦ Designated as a 501(c)(7)

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Overview

What is Woods Hole Yacht Club Inc?

Woods Hole Yacht Club Inc, located in Woods Hole, Massachusetts, is a nonprofit organization that is dedicated to promoting yachting and yacht racing as its primary mission. Acting as a recreational, pleasure, or social club, this organization is committed to fostering an environment that encourages yachting activities and races. The club serves as a hub for yacht enthusiasts in the area, providing a platform for them to engage in their shared passion.


Official website here: www.woodsholeyacht.org

Is Woods Hole Yacht Club Inc legitimate?

Woods Hole Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Woods Hole 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: $72,492

For more financial information, click here


Official website here: www.woodsholeyacht.org

What is the mission statement of Woods Hole Yacht Club Inc?

The Woods Hole Yacht Club Inc, as a mission, is dedicated to promoting and advancing yachting and yacht racing. Functioning as a recreational, pleasure, or social club, it works towards fostering these activities. Situated in an unspecified location, the club's primary focus is on nurturing the sport of yachting and yacht racing. It provides a platform for enthusiasts to engage in these activities, contributing to the growth and enjoyment of the sport.


Official website here: www.woodsholeyacht.org

Who is the CEO of Woods Hole Yacht Club Inc?

Caity Crowley is the Treasurer of Woods Hole Yacht Club Inc.


Official website here: www.woodsholeyacht.org

What is the revenue of Woods Hole Yacht Club Inc?

Woods Hole Yacht Club Inc's revenue in 2022 was $197,681.


Official website here: www.woodsholeyacht.org

Who are the executives of Woods Hole Yacht Club Inc and what are their salaries?

The average compensation at Woods Hole Yacht Club Inc during 2022 was $6,041. There are 12 employees and 30 volunteers at Woods Hole Yacht Club Inc.


Here are 11 key members and their salaries:


Caity Crowley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Denton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Switzer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norm Farr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miles Ochs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Vose (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Shulman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crickett Warner (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fran Elder (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Laster (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Morkeski (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.woodsholeyacht.org

Where can I find the form 990 for Woods Hole Yacht Club Inc?

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


Official website here: www.woodsholeyacht.org

Learn more at the official website: www.woodsholeyacht.org

Mission Statement of Woods Hole Yacht Club Inc

The Woods Hole Yacht Club Inc, as a nonprofit organization, is dedicated to promoting and advancing the pursuit of yachting and yacht racing. Serving as a hub for recreational, pleasure, or social activities, the club strives to foster a passion for sailing and racing among its members. By furthering these activities, the Woods Hole Yacht Club Inc contributes to the enjoyment and camaraderie of yacht enthusiasts.

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Impact




October, 2024

Woods Hole Yacht Club Inc plays a vital role in promoting yachting and yacht racing, fostering a vibrant community centered around water-based recreation in Woods Hole, MA. By emphasizing these activities, the club not only enhances the local culture but also supports the development of sailing skills and knowledge among enthusiasts of all ages. The club’s commitment to yachting provides a platform for social interaction and camaraderie among members, encouraging a sense of belonging and shared passion for maritime activities.

Beyond recreational benefits, the club contributes to the local economy by attracting visitors and participants for races and events, which can lead to increased business for nearby establishments. Furthermore, its focus on yacht racing instills values of teamwork, sportsmanship, and competition, nurturing a spirit of excellence in the sport. Overall, Woods Hole Yacht Club Inc significantly enriches the community by enhancing recreational opportunities, fostering social connections, and contributing to the local economy.




This information is meant to be a general summary of Woods Hole 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
$197,681 (2022)
Expenses
$187,009 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $746
  • Program Service Revenue: $85,186
  • Gross Receipts: $197,681

Assets and Liabilities:

  • Total Assets: $573,491
  • Total Liabilities: $0
  • Net Assets: $573,491

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Programs

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

SAILING SCHOOL/RACING

Revenue

$85,186

Organization Details

Founding Year

1897

Principal Officer

Caity Crowley

Main Address

PO BOX 265, Woods Hole, MA, 02543

NTEE Category

Code: N50 - Recreation

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