Branford Yacht Club

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

EIN: 060270214 ✦ Branford, CT ✦ Designated as a 501(c)(7)

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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: $240,339

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

Who is the CEO of Branford Yacht Club?

Frank Wojcik is the Principal Officer of Branford Yacht Club.


Official website here: www.branfordyc.org

What is the revenue of Branford Yacht Club?

Branford Yacht Club's revenue in 2022 was $1,368,012.


Official website here: www.branfordyc.org

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


Here are 15 key members and their salaries:


Patricia Kaiser (Trustee)
  • Compensation: $11,595
  • Related: $0
  • Other: $0
Dean Denegris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mooney (Treasurer)
  • Compensation: $11,595
  • Related: $0
  • Other: $0
John Plachtyna (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Capppelli (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur Andrea (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerry Mann (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Keinz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Cavallaro (Past Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angelo Direnzo (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Chiocchio (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank A Savino (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward O'Connor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dominic Latell (Fleet Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mathew Sarracco (General Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0


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 2022 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.

Revenue
$1,368,012 (2022)
Expenses
$1,030,076 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$49,874
  • Program Service Revenue: $1,231,104
  • Gross Receipts: $1,854,250

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

$725,314

MEMBERSHIP DUES AND AS

Revenue

$340,087

SOCIAL ACTIVITIES

Revenue

$165,703

Organization Details

Founding Year

1909

Principal Officer

Frank Wojcik

Main Address

39 GOODSELL POINT, BRANFORD, CT, 06405

NTEE Category

Code: N03 - Recreation

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