Charlesgate Yacht Club Inc

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

EIN: 046016189 ✦ Cambridge, MA ✦ Designated as a 501(c)(7)

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Overview

What is Charlesgate Yacht Club Inc?

Charlesgate Yacht Club Inc, a nonprofit organization, is primarily dedicated to managing a marina and promoting safe boating activities. Located on the Charles River, the club ensures its members have the necessary licenses and permits to engage in water-related activities. Beyond boating, Charlesgate Yacht Club also engages in civic activities, fostering community involvement and participating in local meetings and events. The club's mission extends beyond its members, encouraging a sense of belonging and engagement within the wider community.


Official website here: www.charlesgateyc.org

Is Charlesgate Yacht Club Inc legitimate?

Charlesgate Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Charlesgate 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: $0

For more financial information, click here


Official website here: www.charlesgateyc.org

What is the mission statement of Charlesgate Yacht Club Inc?

The Charlesgate Yacht Club Inc serves a dual purpose of operating a marina and advocating for safe boating. They ensure their members have the necessary licenses and permits to engage in river activities. Beyond its marina operations, the club actively engages in civic activities, fosters community involvement, and participates in various meetings and events. It promotes a safe boating culture, providing a space for members to enjoy water activities while adhering to safety regulations.


Official website here: www.charlesgateyc.org

Who is the CEO of Charlesgate Yacht Club Inc?

Wojtek Sudol is the Co-Treasurer of Charlesgate Yacht Club Inc.


Official website here: www.charlesgateyc.org

What is the revenue of Charlesgate Yacht Club Inc?

Charlesgate Yacht Club Inc's revenue in 2022 was $159,878.


Official website here: www.charlesgateyc.org

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


Here are 21 key members and their salaries:


Georgeann Abatzis (Co-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randal Briggs (Auditor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Buonaugurio (1St Past Com)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Clancy (Auditor)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Day (Fleet Captai)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent Diclemente (Marina Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Frazier (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Ham (Good & Welfa)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Keating (2Ndt Past Co)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candace Mcdougall (Comm Relatio)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Mcdougall (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Mcdougall (Rules & Byla)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Paul (Rear Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Salvatore Pinzone (Facility Pla)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Sargent (Mbyca Liason)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Seidman (Winter Group)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Souza (Membership C)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stanley Souza (Vice Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wojtek Sudol (Co-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Tauro (Entertainmen)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Thompson (Safety Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.charlesgateyc.org

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

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


Official website here: www.charlesgateyc.org

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

Mission Statement of Charlesgate Yacht Club Inc

Charlesgate Yacht Club, a renowned organization, is primarily devoted to operating a marina and advocating for safe boating practices. Equipped with the necessary licenses and permits, the club allows its members to engage in various activities on the Charles River. Beyond its marina operations, Charlesgate Yacht Club also engages in civic activities and encourages community involvement. The club actively participates in meetings and events, fostering a sense of camaraderie and shared purpose among its members. This multifaceted approach allows Charlesgate Yacht Club to contribute positively to the boating community while promoting safety and community engagement.

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Impact




October, 2024

Charlesgate Yacht Club Inc has a significant impact on the local community by operating a marina and fostering a culture of safe boating on the Charles River. By maintaining a well-regulated environment for recreational boating, the club enhances water safety and promotes responsible boating practices among its members.

In addition to its focus on boating safety, Charlesgate Yacht Club actively engages in civic activities, encouraging community involvement and participation in local events. This helps strengthen community ties and fosters a shared sense of responsibility among local residents. Through its various initiatives, the club contributes to the recreational landscape of Cambridge, MA, creating opportunities for leisure, community bonding, and education around water safety and environmental stewardship.




This information is meant to be a general summary of Charlesgate 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
$159,878 (2022)
Expenses
$131,023 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,143
  • Program Service Revenue: $157,190
  • Gross Receipts: $159,878

Assets and Liabilities:

  • Total Assets: $376,526
  • Total Liabilities: $0
  • Net Assets: $376,526

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Programs

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

MEMBER DUES & FEES

Revenue

$136,281

OTHER REVENUE

Revenue

$20,909

Organization Details

Founding Year

1946

Principal Officer

Wojtek Sudol

Main Address

20 CAMBRIDGE PARKWAY, CAMBRIDGE, MA, 02142

NTEE Category

Code: N50 - Recreation

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