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Narragansett Bay Yachting Asso Inc

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

EIN: 050357235 ✦ Bristol, RI ✦ Designated as a 501(c)(3)

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Overview

What is Narragansett Bay Yachting Asso Inc?

Narragansett Bay Yachting Association Inc, or NBYA, is a nonprofit organization that primarily focuses on sailboat racing events. Located in the Narragansett Bay area, they oversee various competitions, including junior weekend races and junior Olympic race weeks. Their junior program encourages young sailors to participate and hone their skills through racing clinics and special events. NBYA also manages bigger boat races, such as PHRF and one-design events, and organizes special ladder events for sailing enthusiasts. Their mission is to coordinate and promote sailboat racing activities on the Bay, thereby fostering a vibrant sailing community.

Is Narragansett Bay Yachting Asso Inc legitimate?

Narragansett Bay Yachting Asso Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Narragansett Bay Yachting Asso Inc submitted a form 990EZ, 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.

What is the mission statement of Narragansett Bay Yachting Asso Inc?

Narragansett Bay Yachting Association (NBYA) primarily focuses on managing sailboat races, catering to both junior and experienced sailors. The organization hosts regular weekend races for junior sailors and participates in the Junior Olympic Race Week. Additionally, NBYA provides racing clinics to help junior sailors enhance their skills. The association also manages events for big boats, including PHRF and one-design classes, and organizes special ladder events for sailing. In essence, NBYA is dedicated to fostering a competitive sailing environment and encouraging the development of junior sailors.

Who is the CEO of Narragansett Bay Yachting Asso Inc?

Nick Brown Jr is the President of Narragansett Bay Yachting Asso Inc.

What is the revenue of Narragansett Bay Yachting Asso Inc?

Narragansett Bay Yachting Asso Inc's revenue in 2022 was $50,383.

Who are the executives of Narragansett Bay Yachting Asso Inc and what are their salaries?


Here are 2 key members and their salaries:


Nick Brown Jr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Schwartz (Treasurervice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Narragansett Bay Yachting Asso Inc?

Narragansett Bay Yachting Asso Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Narragansett Bay Yachting Asso Inc

Narragansett Bay Yachting Association (NBYA) is dedicated to overseeing various sailing events and competitions for both junior and senior sailors. The organization's junior program encourages young sailors to participate in weekend races and the Junior Olympic Race Week, providing them with opportunities to hone their skills through racing clinics. NBYA plays a significant role in managing both junior and big boat races, as well as organizing special events for sailing enthusiasts. The association's mission extends beyond just coordinating events, as it also manages both PHRF and one-design boat races, fostering a competitive yet inclusive sailing community on the Bay.

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Impact




August, 2024

Narragansett Bay Yachting Association Inc plays a crucial role in organizing and managing sailboat racing events on Narragansett Bay. Specifically, their junior program provides young sailors with the opportunity to compete in races, participate in clinics, and develop their skills. By promoting sailing activities among the youth, NBYA contributes to the development of future sailors and fosters a love for the sport. Additionally, their coordination of various events, including junior and big boat races, helps to build a vibrant sailing community in the Bristol area. NBYA's impact can be seen in the engagement of junior sailors, the promotion of sailing as a recreational activity, and the overall enrichment of the local sailing culture.




This information is meant to be a general summary of Narragansett Bay Yachting Asso 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
$50,383 (2022)
Expenses
$51,621 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4
  • Program Service Revenue: $36,799
  • Gross Receipts: $50,383

Assets and Liabilities:

  • Total Assets: $96,718
  • Total Liabilities: $0
  • Net Assets: $96,718

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Organization Details

Principal Officer

Nick Brown Jr

Main Address

PPO BOX 73, BRISTOL, RI, 02809

NTEE Category

Code: N67 - Recreation

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