Orient Heights Yacht Club Inc

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

EIN: 042503211 ✦ East boston, MA ✦ Designated as a 501(c)(7)

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Overview

What is Orient Heights Yacht Club Inc?

Orient Heights Yacht Club Inc, situated in East Boston, Massachusetts, functions primarily as a social or country club, dedicated to catering to the needs and interests of its members. Its purpose is to foster a social environment for its members, promoting camaraderie and shared experiences. While the specific activities and events offered by the club are not detailed in the provided information, it is clear that Orient Heights Yacht Club Inc is committed to serving its members and providing a social space for their enjoyment.

Is Orient Heights Yacht Club Inc legitimate?

Orient Heights Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Orient Heights 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: $70,509

For more financial information, click here

What is the mission statement of Orient Heights Yacht Club Inc?

The Orient Heights Yacht Club Inc serves as a social or country club, with its primary mission being to provide benefits for its members. This mission is twofold, emphasizing the social aspect of the club for the enjoyment and well-being of its members. It is important to note that the club focuses solely on catering to the needs and interests of its members.

Who is the CEO of Orient Heights Yacht Club Inc?

Gerald Cangiano is the Director of Orient Heights Yacht Club Inc.

What is the revenue of Orient Heights Yacht Club Inc?

Orient Heights Yacht Club Inc's revenue in 2023 was $284,582.

Who are the executives of Orient Heights Yacht Club Inc and what are their salaries?

The average compensation at Orient Heights Yacht Club Inc during 2023 was $7,834. There are 9 employees and 9 volunteers at Orient Heights Yacht Club Inc.


Here are 9 key members and their salaries:


Leonard Gaudino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Armand Saggese (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Vittorioso (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Danilchuk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Chiles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Cangiano (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Quigley (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Mccarron (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Corrado (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Orient Heights Yacht Club Inc?

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

Mission Statement of Orient Heights Yacht Club Inc

Orient Heights Yacht Club Inc, as a social or country club, is dedicated to serving its members by providing a platform for social engagement and enjoyment. Their mission, in simple terms, is to foster a sense of community among its members, ensuring that they derive benefit from their membership. The club does not specify any particular objectives or goals beyond promoting social interaction among its members. It is a space where individuals can connect, share experiences, and engage in activities, all in the pursuit of a fulfilling social life.

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Impact




October, 2024

Orient Heights Yacht Club Inc plays a significant role in fostering community connections and enhancing the social fabric of East Boston. By providing a dedicated space for members to gather, engage in recreational activities, and participate in social events, the club promotes camaraderie among residents. This contributes to a sense of belonging and strengthens relationships within the community. The club's activities also encourage members to connect with one another, share experiences, and create lasting memories, ultimately enriching the social life of the area. Through these efforts, Orient Heights Yacht Club Inc serves as a vital hub for social interaction and support, benefiting not only its members but also the broader community in East Boston.




This information is meant to be a general summary of Orient Heights 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
$284,582 (2023)
Expenses
$357,671 (2023)
Efficiency

Other financial information:

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

  • Program Service Revenue: $254,929
  • Gross Receipts: $362,147

Assets and Liabilities:

  • Total Assets: $677,001
  • Total Liabilities: $433,041
  • Net Assets: $243,960

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Programs

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

SOCIAL CLUB FOR MEMBERS

Revenue

$254,929

Organization Details

Founding Year

1901

Principal Officer

Gerald Cangiano

Main Address

61 BAYSWATER STREET, EAST BOSTON, MA, 02128

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