Overview
What is South Shore Yacht Club Inc?
South Shore Yacht Club Inc is a nonprofit organization situated in North Weymouth, Massachusetts. Their primary focus is on operating a yacht club on the Weymouth side of the Back River. They provide various services, including sailing programs, mooring, and slip services for members. Additionally, they host social events such as themed nights and special parties to foster a sense of community among their members. The club also offers a junior sailing program, providing an opportunity for young individuals to learn and enjoy the sport of sailing. With a team of three dedicated employees, South Shore Yacht Club Inc aims to promote nautical activities and create a welcoming environment for its members.
Official website here: www.ssycma.org
Is South Shore Yacht Club Inc legitimate?
South Shore Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. South Shore 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: $9,604
For more financial information, click here
Official website here: www.ssycma.org
What is the mission statement of South Shore Yacht Club Inc?
The South Shore Yacht Club Inc's primary mission is to operate a yacht club. This mission is carried out on the Weymouth side of the Back River. The club provides a clubhouse and offers junior sailing programs as part of its activities. The club's expenses primarily cover costs associated with its programs, such as sailing, mooring and slip services, as well as social events like theme nights and special parties.
Official website here: www.ssycma.org
Who is the CEO of South Shore Yacht Club Inc?
James Emmett is the President of South Shore Yacht Club Inc.
Official website here: www.ssycma.org
What is the revenue of South Shore Yacht Club Inc?
South Shore Yacht Club Inc's revenue in 2022 was $137,596.
Official website here: www.ssycma.org
Who are the executives of South Shore Yacht Club Inc and what are their salaries?
The average compensation at South Shore Yacht Club Inc during 2022 was $3,201. There are 3 employees at South Shore Yacht Club Inc.
Here are 8 key members and their salaries:
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Official website here: www.ssycma.org
Where can I find the form 990 for South Shore Yacht Club Inc?
South Shore Yacht Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ssycma.org
Learn more at the official website: www.ssycma.org
Mission Statement of South Shore Yacht Club Inc
South Shore Yacht Club Inc is devoted to operating a yacht club on the Weymouth side of the Back River. The organization prides itself on having a clubhouse and offers junior sailing programs. Its primary mission is to provide a platform for yachting enthusiasts, offering not only sailing activities but also social events such as themed nights and special parties. The club's expenses are primarily focused on program-related expenses, including sailing, mooring, and slip services, as well as social events. By offering these programs, South Shore Yacht Club Inc aims to foster a sense of community and camaraderie among its members, encouraging a love for yachting and sailing.
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Impact
October, 2024
South Shore Yacht Club Inc significantly enhances the local community by providing a vibrant hub for recreational activities on the Weymouth side of the Back River. The club fosters a love for sailing through its junior sailing programs, offering young people the opportunity to learn valuable skills and develop a passion for the water.
With its clubhouse serving as a gathering place, the yacht club hosts a variety of social events, from theme nights to special parties, creating a sense of camaraderie and belonging among members. This social aspect bolsters community ties, making the club more than just a place for sailing; it stands as a cornerstone for local engagement and recreation.
Additionally, the club offers mooring and slip services, supporting boating enthusiasts in the area and contributing to the local economy. Overall, South Shore Yacht Club Inc plays a crucial role in promoting outdoor activities, community involvement, and youth development, enhancing the quality of life for residents in North Weymouth, MA.
This information is meant to be a general summary of South Shore 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: $425
- Program Service Revenue: $141,543
- Gross Receipts: $137,596
Assets and Liabilities:
- Total Assets: $1,247,831
- Total Liabilities: $72,113
- Net Assets: $1,175,718
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$73,615
PROGRAM SERVICE REVENUE
Revenue
$67,928
Organization Details
Founding Year
1955
Phone
(781) 335-9440Principal Officer
James Emmett
Main Address
PO BOX 82, NORTH WEYMOUTH, MA, 02191
Website
www.ssycma.orgNTEE Category
Code: N50 - Recreation
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