Overview
What is East Greenwich Yacht Club?
The East Greenwich Yacht Club is a nonprofit organization located in East Greenwich, Rhode Island. With approximately 350 members and their families, their primary mission is to provide essential facilities and services to enable the enjoyment of marine activities. Established with the vision to cater to the local community, the club's initiatives are centered around fostering a maritime experience, offering necessary amenities and services for its members' recreational activities. The club employs a team of 32 individuals, ensuring an efficient and enjoyable experience for its members.
Is East Greenwich Yacht Club legitimate?
East Greenwich Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. East Greenwich Yacht Club 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: $498,775
For more financial information, click here
What is the mission statement of East Greenwich Yacht Club?
The East Greenwich Yacht Club's mission is centered around providing necessary facilities and services to enable the enjoyment of marine activities. This non-profit organization aims to cater to approximately 350 members and their families, offering dockage and related marine services. Its primary objective is to foster an environment where Rhode Island families can engage in marine activities with ease.
Who is the CEO of East Greenwich Yacht Club?
John A Mollicone is the Commodore of East Greenwich Yacht Club.
What is the revenue of East Greenwich Yacht Club?
East Greenwich Yacht Club's revenue in 2022 was $2,305,393.
Who are the executives of East Greenwich Yacht Club and what are their salaries?
The average compensation at East Greenwich Yacht Club during 2022 was $15,587. There are 32 employees at East Greenwich Yacht Club.
Here are 8 key members and their salaries:
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Where can I find the form 990 for East Greenwich Yacht Club?
East Greenwich Yacht Club's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of East Greenwich Yacht Club
The East Greenwich Yacht Club's mission is centered around providing the necessary facilities and services to enable approximately 350 of its member families to enjoy marine activities. In essence, the club aims to create an environment where its members can indulge in various marine-related activities, ensuring their enjoyment and satisfaction. This mission is carried out by offering dockage and related marine services, which are essential components for engaging in marine activities.
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Impact
October, 2024
The East Greenwich Yacht Club significantly enhances the recreational landscape for families in Rhode Island by providing essential facilities and services for marine activities. With a focus on creating an inclusive environment, the club serves approximately 350 members and their families, allowing them to engage in boating and other water-related experiences.
By offering dockage and related marine services, the club not only facilitates easy access to the water but also fosters a strong sense of community among its members. This environment encourages family bonding, promotes healthy outdoor activities, and supports a lifestyle centered around recreation and enjoyment of the marine ecosystem. The East Greenwich Yacht Club’s commitment to providing these facilities has a lasting impact on the local community, enriching the lives of its members and helping to sustain a vibrant maritime culture in the region.
This information is meant to be a general summary of East Greenwich Yacht Club. 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: $1,517
- Program Service Revenue: $1,613,565
- Gross Receipts: $3,199,414
Assets and Liabilities:
- Total Assets: $6,003,785
- Total Liabilities: $2,802,746
- Net Assets: $3,201,039
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER DOCKAGE
Revenue
$874,558
MEMBERSHIP DUES
Revenue
$657,630
CLUB FUNCTION
Revenue
$75,402
GUEST DOCKAGE
Revenue
$5,975
Organization Details
Founding Year
1909
Phone
(401) 884-7700Principal Officer
John A Mollicone
Main Address
PO BOX 267, EAST GREENWICH, RI, 02818
NTEE Category
Code: N50 - Recreation
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