Miamogue Yacht Club Inc

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

EIN: 060451640 ✦ Bridgeport, CT ✦ Designated as a 501(c)(7)

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Overview

What is Miamogue Yacht Club Inc?

The Miamogue Yacht Club Inc, situated as a nonprofit organization, is committed to fostering an interest in yachting while cultivating camaraderie among its members. They offer a conducive clubhouse, well-maintained grounds, and boating facilities to cater to their members' needs. Moreover, they possess and manage real estate, extending their support to various recreational activities alongside yachting. Their primary goal is to create an inclusive environment that encourages people to engage in these leisure activities.


Official website here: www.miamogue.com

Is Miamogue Yacht Club Inc legitimate?

Miamogue Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Miamogue 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: $31,605
Professional Fundraising Fees: $0
Other Salaries and Wages: $74,801

For more financial information, click here


Official website here: www.miamogue.com

What is the mission statement of Miamogue Yacht Club Inc?

The Miamogue Yacht Club Inc, in its mission, encourages the practice of yachting and fosters camaraderie among its members. It goes beyond this by offering a suitable clubhouse, well-maintained grounds, and a functional boating facility. Moreover, the club also maintains and manages real estate, and actively supports and encourages other recreational activities.


Official website here: www.miamogue.com

Who is the CEO of Miamogue Yacht Club Inc?

Peter Aiksnoras is the Commodore of Miamogue Yacht Club Inc.


Official website here: www.miamogue.com

What is the revenue of Miamogue Yacht Club Inc?

Miamogue Yacht Club Inc's revenue in 2022 was $713,908.


Official website here: www.miamogue.com

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

The average compensation at Miamogue Yacht Club Inc during 2022 was $4,256. There are 25 employees at Miamogue Yacht Club Inc.


Here are 11 key members and their salaries:


Philip Maguire (Treasurer)
  • Compensation: $5,234
  • Related: $0
  • Other: $0
Peter Aiksnoras (Commodore)
  • Compensation: $5,189
  • Related: $0
  • Other: $0
Thomas Begg (Secretary)
  • Compensation: $4,660
  • Related: $0
  • Other: $0
Peter Chila (Vice Commodore)
  • Compensation: $4,362
  • Related: $0
  • Other: $0
Robert Cole (Governor)
  • Compensation: $2,041
  • Related: $0
  • Other: $0
Kevin Shevlin (Rear Commodore)
  • Compensation: $1,898
  • Related: $0
  • Other: $0
Romel Notar (Governor)
  • Compensation: $1,689
  • Related: $0
  • Other: $0
Kevin Bova (Governor)
  • Compensation: $1,633
  • Related: $0
  • Other: $0
Frank Stirna (Governor)
  • Compensation: $1,633
  • Related: $0
  • Other: $0
James Mcpadden (Governor)
  • Compensation: $1,633
  • Related: $0
  • Other: $0
Marty Briganti (Governor)
  • Compensation: $1,633
  • Related: $0
  • Other: $0


Official website here: www.miamogue.com

Where can I find the form 990 for Miamogue Yacht Club Inc?

Miamogue Yacht Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.miamogue.com

Learn more at the official website: www.miamogue.com

Mission Statement of Miamogue Yacht Club Inc

Miamogue Yacht Club Inc, a nonprofit organization, is dedicated to fostering an interest in yachting and cultivating camaraderie among its members. The club's primary objective is to provide a conducive clubhouse, spacious grounds, and a suitable boating facility for its members. Beyond this, Miamogue Yacht Club Inc also plays a role in promoting various recreational activities. The organization holds and manages real estate, utilizing it to encourage yachting and other leisurely pursuits among its members. In essence, Miamogue Yacht Club Inc serves as a hub for yachters, promoting fellowship and offering an ideal setting for their shared passion for yachting.

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Impact




October, 2024

Miamogue Yacht Club Inc plays a vital role in the local community by fostering a love for yachting and enhancing social connections among its members. By providing a suitable clubhouse, grounds, and boating facilities, the club creates a welcoming environment for people to gather, socialize, and share their passion for sailing and boating. Its commitment to encouraging yachting promotes not just individual enjoyment, but also strengthens community bonds through shared recreational activities.

The club actively engages its members in activities that promote camaraderie and good fellowship, which are essential for creating a tight-knit community. This emphasis on social interactions contributes to a vibrant culture among yachting enthusiasts, enriching the overall experience of its members.

In addition to recreational benefits, Miamogue Yacht Club Inc also supports the local economy by attracting visitors and participants to events and activities, highlighting the importance of waterfront recreation in Bridgeport, CT. Overall, the club's multifaceted impact encompasses community building, recreational opportunities, and economic contribution, making it a valuable asset to the region.




This information is meant to be a general summary of Miamogue 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.

Revenue
$713,908 (2022)
Expenses
$620,958 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $82
  • Program Service Revenue: $709,288
  • Gross Receipts: $731,827

Assets and Liabilities:

  • Total Assets: $900,069
  • Total Liabilities: $11,821
  • Net Assets: $888,248

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Programs

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

BAR SALES

Revenue

$181,075

BOAT SLIPS

Revenue

$200,046

GASOLINE SALES

Revenue

$119,284

MEMBERSHIP DUES

Revenue

$69,130

OTHER

Revenue

$139,753

Organization Details

Founding Year

1907

Principal Officer

Peter Aiksnoras

Main Address

144 Seaview Avenue, Bridgeport, CT, 06607

NTEE Category

Code: N50 - Recreation

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