Overview
What is Fayerweather Yacht Club Inc?
Fayerweather Yacht Club Inc is a nonprofit organization situated in Bridgeport, Connecticut, primarily catering to around 1,048 members with a passion for yachting and related social and recreational activities. Members can enjoy the clubhouse and facilities, along with various fees for consumables such as food and beverages at the restaurant and bar, gasoline for boats, yachting supplies, and other related items. The organization, functioning as a social club, is exclusively for individuals who share an interest in yachting and associated pastimes. With approximately 20 employees, Fayerweather Yacht Club Inc provides a welcoming environment for its members to engage in their shared hobby.
Is Fayerweather Yacht Club Inc legitimate?
Fayerweather Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Fayerweather Yacht Club Inc 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: $240,708
For more financial information, click here
What is the mission statement of Fayerweather Yacht Club Inc?
The Fayerweather Yacht Club Inc serves as a social club, catering exclusively to individuals with a passion for yachting and related leisure activities. Its primary purpose is to provide a platform for its approximately 1,048 members to engage in these activities. The club offers various amenities, such as the usage of its clubhouse and facilities, and charges its members for additional goods and services consumed on premises, including dining, beverages, fuel for boats, yachting supplies, and other related items. The organization's mission is centered around facilitating a social environment for yachting enthusiasts, promoting recreational activities and camaraderie within its membership.
Who is the CEO of Fayerweather Yacht Club Inc?
Jon Levinson is the Treasurer of Fayerweather Yacht Club Inc.
What is the revenue of Fayerweather Yacht Club Inc?
Fayerweather Yacht Club Inc's revenue in 2022 was $788,947.
Who are the executives of Fayerweather Yacht Club Inc and what are their salaries?
The average compensation at Fayerweather Yacht Club Inc during 2022 was $12,035. There are 20 employees at Fayerweather Yacht Club Inc.
Here are 15 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Fayerweather Yacht Club Inc?
Fayerweather Yacht Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fayerweather Yacht Club Inc
Fayerweather Yacht Club Inc is a social organization that caters specifically to individuals who share an interest in yachting and related recreational activities. Its primary mission is to provide a platform for members to engage in these activities, fostering a sense of camaraderie and community. The club offers various goods and services to approximately 1,048 members, including the use of its clubhouse and facilities. Members can also avail of additional fees-based services such as dining at the restaurant, purchasing beverages at the bar, fueling their boats with gasoline, and purchasing yachting supplies and other related items. The club's purpose is to create an environment where yacht enthusiasts can enjoy their shared passion while socializing and partaking in a variety of recreational activities.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Fayerweather Yacht Club Inc plays a vital role in fostering a community for individuals passionate about yachting and related recreational activities in Bridgeport, CT. With approximately 1,048 members, the club offers a welcoming environment where enthusiasts can connect, socialize, and engage in activities centered around their shared interests.
The club provides various goods and services, including access to its clubhouse and facilities, which serve as a hub for social gatherings and events. Members enjoy amenities such as a restaurant and bar, as well as the convenience of purchasing yachting supplies, fuel for boats, and other related items directly on the premises.
By offering these services, Fayerweather Yacht Club Inc not only enhances the yachting experience for its members but also contributes to the local economy through its operations and events. The club's presence promotes a sense of community and camaraderie among yachting enthusiasts, enriching the social fabric of the area while encouraging recreational activities on the water.
This information is meant to be a general summary of Fayerweather Yacht Club 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,632
- Program Service Revenue: $83,471
- Gross Receipts: $1,292,819
Assets and Liabilities:
- Total Assets: $1,394,650
- Total Liabilities: $55,005
- Net Assets: $1,339,645
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLUBHOUSE EVENTS
Revenue
$36,624
FACILITY USE FEES
Revenue
$46,847
Organization Details
Founding Year
1919
Phone
(203) 576-6796Principal Officer
Jon Levinson
Main Address
51 BREWSTER ST, BRIDGEPORT, CT, 06605
NTEE Category
Code: N50 - Recreation
If you are a representative of Fayerweather Yacht Club Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.