Overview
What is Branford Yacht Club?
The Branford Yacht Club, situated in its surrounding areas, is a nonprofit organization dedicated to fostering the skill of navigation, boosting aquatic sports, and enhancing cooperation among yacht enthusiasts and other regular visitors of Branford Harbor. As a service to yacht owners and their passengers, the club offers a convenient harbor stop. Besides providing a platform for social activities for its members and guests, Branford Yacht Club also offers various member-focused activities, including membership dues.
Official website here: www.branfordyc.org
Is Branford Yacht Club legitimate?
Branford Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Branford 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: $266,523
For more financial information, click here
Official website here: www.branfordyc.org
What is the mission statement of Branford Yacht Club?
The Branford Yacht Club is dedicated to fostering the art of navigation and the progression of aquatic sports. It strives to enhance camaraderie among yachtsmen and individuals frequently visiting nearby water bodies. The club serves as a convenient resting spot for yachts and their passengers. It provides social events for its members and guests, in addition to organizing various activities for its members.
Official website here: www.branfordyc.org
What is the revenue of Branford Yacht Club?
Branford Yacht Club's revenue in 2023 was $1,511,989.
Official website here: www.branfordyc.org
Who are the executives of Branford Yacht Club and what are their salaries?
The average compensation at Branford Yacht Club during 2023 was $10,251. There are 26 employees at Branford Yacht Club.
Here are 15 key members and their salaries:
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Official website here: www.branfordyc.org
Where can I find the form 990 for Branford Yacht Club?
Branford Yacht Club's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.branfordyc.org
Learn more at the official website: www.branfordyc.org
Mission Statement of Branford Yacht Club
Branford Yacht Club, a renowned organization, is dedicated to fostering the art of navigation and promoting the development of aquatic sports. Its primary mission is to establish a sense of camaraderie among yachtsmen and individuals regularly visiting Branford Harbor and its surrounding areas. The club serves as a valuable resource, providing a convenient stopover for yachts and their passengers. Beyond these core objectives, Branford Yacht Club also offers a variety of social activities for its members and guests. These social events and member-centric activities further enrich the club's purpose of promoting better organization and fellowship among its members.
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Impact
October, 2024
Branford Yacht Club significantly impacts both the local community and the broader maritime culture. It serves as a hub for enthusiasts of navigation and aquatic sports, fostering a vibrant environment where yachtsmen and women can connect, share knowledge, and advance their skills. By promoting better organization among those who frequent Branford Harbor, the club enhances safety and community among its members.
The club also provides a welcoming stopping point for visiting yachts and their passengers, enriching the harbor's atmosphere and contributing to local tourism. Through various social activities and member events, the Branford Yacht Club not only strengthens bonds within the sailing community but also encourages community engagement and enjoyment of the region’s natural resources. Overall, it plays a crucial role in cultivating a love for the water and fostering a sense of belonging among its members and guests.
This information is meant to be a general summary of Branford 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 2023.
- Investment Income: $222
- Program Service Revenue: $1,350,285
- Gross Receipts: $1,841,413
Assets and Liabilities:
- Total Assets: $4,933,345
- Total Liabilities: $1,550,494
- Net Assets: $3,382,851
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MARINA FEES
Revenue
$756,263
MEMBERSHIP DUES AND AS
Revenue
$438,845
SOCIAL ACTIVITIES
Revenue
$155,177
Organization Details
Founding Year
1909
Principal Officer
Frank Wojcik
Website
www.branfordyc.orgNTEE Category
Code: N03 - Recreation
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