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Chatham Yacht Club Inc

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

EIN: 046109219 ✦ North chatham, MA ✦ Designated as a 501(c)(3)

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Overview

What is Chatham Yacht Club Inc?

Chatham Yacht Club Inc, located in North Chatham, Massachusetts, operates as a nonprofit organization. Their primary focus is on sailing instruction, competitive racing, and race training, catering to approximately 66 students and 167 individuals and families. The club offers various events, regattas, and training sessions to engage the community in sailing activities. With a team of 23 dedicated individuals, Chatham Yacht Club Inc aims to foster a passion for sailing among children and their families, promoting an enjoyable and engaging experience.


Official website here: www.chathamyachtclub.org

Is Chatham Yacht Club Inc legitimate?

Chatham Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chatham 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: $54,355

For more financial information, click here


Official website here: www.chathamyachtclub.org

What is the mission statement of Chatham Yacht Club Inc?

The Chatham Yacht Club Inc is dedicated to providing sailing instruction, competitive racing, and race training opportunities to children and their families. Its mission is to offer educational programs and events that foster a love for sailing and promote healthy competition. The club organizes sailboat race training sessions and conducts competitive racing events, catering to approximately 66 students and 167 individuals and families. In addition to these activities, the club hosts club events and regattas, providing a vibrant sailing community for its members.


Official website here: www.chathamyachtclub.org

Who is the CEO of Chatham Yacht Club Inc?

Nicholas Proia is the Principal Officer of Chatham Yacht Club Inc.


Official website here: www.chathamyachtclub.org

What is the revenue of Chatham Yacht Club Inc?

Chatham Yacht Club Inc's revenue in 2022 was $424,648.


Official website here: www.chathamyachtclub.org

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

The average compensation at Chatham Yacht Club Inc during 2022 was $2,363. There are 23 employees and 20 volunteers at Chatham Yacht Club Inc.


Here are 9 key members and their salaries:


Alan Mcclennen Jr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy Terwilliger (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lyndy Rogers (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cicely Richardson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Dickson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dorothy Cary (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Rich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julia Murphy (Asst Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
William U Shipley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.chathamyachtclub.org

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

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


Official website here: www.chathamyachtclub.org

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

Mission Statement of Chatham Yacht Club Inc

Chatham Yacht Club Inc is dedicated to offering sailing instruction, competitive racing, and race training to children and their families. This nonprofit organization's mission is geared towards educating young individuals and their families in the art of sailing, hosting various events and regattas that cater to their interests. Through these activities, Chatham Yacht Club Inc aims to engage approximately 66 students and 167 individuals and families, providing them with an enjoyable and enriching experience in the world of sailing. The club hosts a variety of events and regattas, offering an opportunity for both beginners and experienced sailors to hone their skills and compete against one another, fostering a sense of camaraderie and sportsmanship.

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Impact




October, 2024

Chatham Yacht Club Inc plays a vital role in the North Chatham community by fostering a love for sailing among children and their families. Through its comprehensive sailing instruction programs, the club enables around 66 students to learn essential sailing skills, promoting not just technical proficiency but also teamwork and sportsmanship. The club's competitive racing and race training opportunities attract approximately 167 individuals and families, providing a platform for healthy competition and personal growth on the water.

Moreover, Chatham Yacht Club Inc hosts various club events and regattas, which strengthen community ties and create memorable experiences for participants. By engaging families in recreational sailing activities, it cultivates a sense of belonging and community spirit. Overall, the club significantly enhances the recreational landscape in North Chatham, inspiring future generations to embrace sailing as both a sport and a lifelong passion.




This information is meant to be a general summary of Chatham 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
$424,648 (2022)
Expenses
$231,037 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,523
  • Program Service Revenue: $110,045
  • Gross Receipts: $435,231

Assets and Liabilities:

  • Total Assets: $734,366
  • Total Liabilities: $0
  • Net Assets: $734,366

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Programs

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

SAILING SCHOOL FEES

Revenue

$99,120

CLUB EVENTS

Revenue

$10,925

Organization Details

Founding Year

1967

Principal Officer

Nicholas Proia

Main Address

PO BOX 531, NORTH CHATHAM, MA, 02650

NTEE Category

Code: N67 - Recreation

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