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Housatonic Boat Club Inc

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

EIN: 060395435 ✦ Stratford, CT ✦ Designated as a 501(c)(7)

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Overview

What is Housatonic Boat Club Inc?

Housatonic Boat Club Inc, located in Stratford, Connecticut, is a nonprofit organization primarily focused on fostering an interest in sailing activities. Each summer, they offer sailing lessons to the public for a fee of $600 per child. With a team of 12 employees, their mission extends beyond just sailing, promoting various water activities as well. The club provides these lessons during the summer months, making sailing an accessible and engaging activity for children in the community.


Official website here: www.housatonicboatclub.org

Is Housatonic Boat Club Inc legitimate?

Housatonic Boat Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Housatonic Boat 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: $76,242

For more financial information, click here


Official website here: www.housatonicboatclub.org

What is the mission statement of Housatonic Boat Club Inc?

The Housatonic Boat Club Inc's primary mission is to foster an interest in sailing and various water activities. The organization achieves this by offering sailing lessons during the summer months to the general public. These lessons are available for a fee, specifically $600 per child. The primary objective of the club is to engage individuals in sailing activities and promote their enjoyment of water-based activities.


Official website here: www.housatonicboatclub.org

What is the revenue of Housatonic Boat Club Inc?

Housatonic Boat Club Inc's revenue in 2024 was $379,938.


Official website here: www.housatonicboatclub.org

Who are the executives of Housatonic Boat Club Inc and what are their salaries?

The average compensation at Housatonic Boat Club Inc during 2024 was $8,471. There are 9 employees at Housatonic Boat Club Inc.

Here are 7 key members and their salaries:


Dave Kingsbury (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Morris (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudine Disario (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Adams (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Augustine (Fleet Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Reichart (Sailing Advisor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Leigh (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.housatonicboatclub.org

Where can I find the form 990 for Housatonic Boat Club Inc?

Housatonic Boat Club Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.housatonicboatclub.org

Learn more at the official website: www.housatonicboatclub.org

Mission Statement of Housatonic Boat Club Inc

Housatonic Boat Club Inc is an organization dedicated to fostering interest in sailing activities. Their primary mission is to promote excitement and engagement in sailing and other water-related activities. Each summer, this esteemed club offers sailing lessons to the general public, catering to children for a fee of $600 per participant. This initiative serves as a platform for children to immerse themselves in the world of sailing, fostering a love for the sport and water activities in general.

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Impact




October, 2024

Housatonic Boat Club Inc significantly enriches the local community by fostering a passion for sailing and water-related activities. Each summer, the club provides children with sailing lessons, serving as an essential introduction to the sport and enhancing their understanding of maritime skills. By offering these lessons to the general public for a fee, the club not only makes sailing accessible but also encourages family involvement and enjoyment of local waterways.

Through its commitment to promoting interest in sailing, the club plays a crucial role in developing the next generation of sailors, instilling qualities such as teamwork, responsibility, and respect for the environment. The positive impact extends beyond skill development; it cultivates a sense of community and shared experiences among participants and their families, enriching the cultural and recreational landscape of Stratford, CT. The Housatonic Boat Club Inc acts as a catalyst for lifelong engagement with sailing and fosters a deep appreciation for the outdoors.




This information is meant to be a general summary of Housatonic Boat 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.

Revenue
$379,938 (2024)
Expenses
$348,473 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $3,469
  • Program Service Revenue: $224,970
  • Gross Receipts: $437,547

Assets and Liabilities:

  • Total Assets: $413,410
  • Total Liabilities: $39,007
  • Net Assets: $374,403

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Programs

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

BOAT & MAST STORAGE

Revenue

$69,106

SAILING LESSONS

Revenue

$63,473

LAUNCH SERVICES

Revenue

$32,898

FLOATING BERTH & MOORI

Revenue

$26,489

SOCIAL EVENTS & MEETIN

Revenue

$2,291

Organization Details

Founding Year

1887

Principal Officer

Joe Adams

NTEE Category

Code: N50 - Recreation

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