Green Harbor Yacht Club Inc

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

EIN: 042687571 ✦ Green harbor, MA ✦ Designated as a 501(c)(7)

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Overview

What is Green Harbor Yacht Club Inc?

Green Harbor Yacht Club Inc, situated in Green Harbor, Massachusetts, is a nonprofit organization primarily dedicated to serving its 200 members. Their primary focus is to maintain a yacht club, providing an exclusive space for its members to enjoy. With a modest team of 13 employees, they ensure the smooth operation and upkeep of the club. The organization's mission is deeply rooted in the maritime community, offering its members a unique and enriching experience.


Official website here: www.greenharboryc.com

Is Green Harbor Yacht Club Inc legitimate?

Green Harbor Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Green Harbor 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: $82,216

For more financial information, click here


Official website here: www.greenharboryc.com

What is the mission statement of Green Harbor Yacht Club Inc?

Green Harbor Yacht Club Inc's mission is centered around maintaining a yacht club exclusively for its 200 members. The club's primary objective is to provide an environment that caters to the needs and interests of its members, fostering a sense of community among them. The club's activities are geared towards enhancing the yachting experience, offering its members a space where they can engage in various yacht-related activities. The mission of Green Harbor Yacht Club Inc is essentially about creating a haven for its members, where they can enjoy their shared passion for yachting.


Official website here: www.greenharboryc.com

What is the revenue of Green Harbor Yacht Club Inc?

Green Harbor Yacht Club Inc's revenue in 2024 was $485,324.


Official website here: www.greenharboryc.com

Who are the executives of Green Harbor Yacht Club Inc and what are their salaries?

The average compensation at Green Harbor Yacht Club Inc during 2024 was $5,873. There are 14 employees at Green Harbor Yacht Club Inc.

Here are 11 key members and their salaries:


Steven Lalli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crystal White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Hartigan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Degnan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Stack (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Boudreau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Collins (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Defreitas (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Triner (Vice-Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leah Leahy (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.greenharboryc.com

Where can I find the form 990 for Green Harbor Yacht Club Inc?

Green Harbor Yacht Club Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.greenharboryc.com

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

Mission Statement of Green Harbor Yacht Club Inc

Green Harbor Yacht Club Inc is dedicated to serving its 200 members by maintaining a yacht club. This mission involves creating an exclusive environment where members can benefit from the club's facilities and activities. The club's primary focus is on providing a space that caters to the unique needs and interests of its members, fostering a sense of community and camaraderie among them.

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Impact




October, 2024

Green Harbor Yacht Club Inc plays a vital role in the community by providing a dedicated recreational facility for its 200 members. The club fosters a sense of camaraderie and belonging among yacht enthusiasts, promoting social interactions and shared experiences centered around boating and water activities. By maintaining a well-equipped and welcoming environment, the club not only enhances the recreational opportunities available to its members but also contributes to local economic activity through events, gatherings, and related services. The focus on exclusive member benefits ensures that the needs and interests of the community of yacht owners and boating aficionados are prioritized, enriching the overall quality of life in Green Harbor, MA.




This information is meant to be a general summary of Green Harbor 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
$485,324 (2024)
Expenses
$470,406 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $14,429
  • Program Service Revenue: $391,846
  • Gross Receipts: $485,445

Assets and Liabilities:

  • Total Assets: $1,045,706
  • Total Liabilities: $71,451
  • Net Assets: $974,255

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Programs

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

BAR REVENUE

Revenue

$271,788

SLIP AND MOORING REVENU

Revenue

$84,245

FUNCTIONSHALL RENTAL

Revenue

$13,606

SAILING PROGRAM

Revenue

$21,080

ATM COMMISSIONS

Revenue

$1,127

Organization Details

Founding Year

1958

Principal Officer

Paul Defreitas

NTEE Category

Code: N50 - Recreation

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