Bristol Yacht Club

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

EIN: 050241995 ✦ Bristol, RI ✦ Designated as a 501(c)(7)

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Overview

What is Bristol Yacht Club?

The Bristol Yacht Club, located in Bristol, Rhode Island, functions as a nonprofit organization with a primary goal of fostering yachting, seamanship, aquatic sports, and social interactions among its members. Established with a dedicated team of 25 individuals, the club actively promotes these activities, providing a platform for members to engage and share common interests. The mission of this organization is clear – to bring people together through the love of yachting and water-based activities, while also encouraging camaraderie and social events.


Official website here: www.bristolyc.com

What do the Facebook reviews say about Bristol Yacht Club?

92% of 26 reviewers on Facebook recommend Bristol Yacht Club. Here is a summary of their reviews:

Many users appreciate the charm of the venue, highlighting its good facilities which enhance the overall experience. Access to the Bay is frequently noted as a significant advantage, making it a favorable location for both events and leisure activities.

Overall, it seems that patrons find Bristol Yacht Club to be a delightful and accommodating place that meets their needs effectively. The positive sentiment reflects satisfaction with the club’s offerings and its scenic waterfront location.


This AI summary has been generated from reviews found on Facebook.

Is Bristol Yacht Club legitimate?

Bristol Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Bristol 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: $200,597

For more financial information, click here


Official website here: www.bristolyc.com

What is the mission statement of Bristol Yacht Club?

The Bristol Yacht Club's mission is centered around promoting various water-related activities and social interactions among its members. Specifically, their goal is to foster an interest in yachting, improve seamanship skills, encourage participation in aquatic sports, and provide a platform for social events. By doing so, the club aims to create a community that shares a passion for the sea and enjoys fellowship with like-minded individuals.


Official website here: www.bristolyc.com

Who is the CEO of Bristol Yacht Club?

Paul Redman is the Vice Commodore of Bristol Yacht Club.


Official website here: www.bristolyc.com

What is the revenue of Bristol Yacht Club?

Bristol Yacht Club's revenue in 2023 was $771,475.


Official website here: www.bristolyc.com

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

The average compensation at Bristol Yacht Club during 2023 was $8,024. There are 25 employees and 250 volunteers at Bristol Yacht Club.


Here are 17 key members and their salaries:


Joe Whelan (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Redman (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Millard (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph Kinder (Fleet Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roland Gendreau (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Maloney (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Bjerregaard (Past Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Kallfelz (Grounds Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Guinther (House Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Feeny (Instructional Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susie Holloway (Junior Activities)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Dimson-Doyle (Membership Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Mclaughlin (Race Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carole Mansur (Social Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glen Petaja (Waterfront Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosemary Alden (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Petrocelli (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bristolyc.com

Where can I find the form 990 for Bristol Yacht Club?

Bristol Yacht Club's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.bristolyc.com

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

Mission Statement of Bristol Yacht Club

Bristol Yacht Club, as an organization, is dedicated to fostering a love for yachting, seamanship, and aquatic sports among its membership. By promoting these activities, the club aims to encourage social interaction among its members. The mission of Bristol Yacht Club is to create a vibrant community where individuals can enjoy the thrill of yachting and aquatic sports, while also fostering camaraderie and social engagement. By promoting these activities, the club seeks to enrich the lives of its members, offering them a unique platform for leisure and personal development.

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Impact




October, 2024

Bristol Yacht Club significantly enriches the local community by fostering a love for yachting and seamanship, encouraging participation in aquatic sports, and facilitating social connections among its members. By promoting these activities, the club not only enhances individual skills and enjoyment of the water but also encourages a sense of camaraderie and community engagement within Bristol, RI. Its commitment to recreational excellence contributes to the vibrant maritime culture of the area, drawing enthusiasts and families together for shared experiences on the water. Through various programs and events, the club serves as a hub for recreation, learning, and social interaction, making a lasting impact on both its members and the broader community.




This information is meant to be a general summary of Bristol 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.

Revenue
$771,475 (2023)
Expenses
$695,880 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $21,576
  • Program Service Revenue: $229,560
  • Gross Receipts: $845,126

Assets and Liabilities:

  • Total Assets: $2,565,967
  • Total Liabilities: $72,714
  • Net Assets: $2,493,253

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Programs

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

Waterfront fees

Revenue

$143,495

Social and House

Revenue

$30,738

Race & Cruise

Revenue

$54,107

Other

Revenue

$1,220

Organization Details

Founding Year

1877

Principal Officer

Paul Redman

Main Address

PO Box 180, Bristol, RI, 02809

NTEE Category

Code: N50 - Recreation

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