Norwalk Yacht Club

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

EIN: 060475415 ✦ Norwalk, CT ✦ Designated as a 501(c)(7)

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Overview

What is Norwalk Yacht Club?

The Norwalk Yacht Club, located at 10 Nathan Hale Drive, Norwalk, CT 06853, is a nonprofit organization primarily focused on boating activities and social events. Its main objective is to offer a platform for individuals with a passion for boating to socialize, amuse themselves, and enjoy the sport. The club, with a team of 28 employees, organizes various boating-related events and serves as a gathering spot for enthusiasts in the boating community.


Official website here: www.norwalkyc.com

Is Norwalk Yacht Club legitimate?

Norwalk Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Norwalk 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: $480,480

For more financial information, click here


Official website here: www.norwalkyc.com

What is the mission statement of Norwalk Yacht Club?

The Norwalk Yacht Club serves as a gathering place for individuals with a shared interest in boating. Its primary purpose is to foster fellowship, provide amusement, and promote enjoyment among its members. The club accomplishes this by organizing various boating activities and social events, creating an environment tailored to the pleasure and pursuit of boating. The Norwalk Yacht Club aims to be a hub for people passionate about boating, offering them a platform to engage and partake in their common interest.


Official website here: www.norwalkyc.com

Who is the CEO of Norwalk Yacht Club?

David H Lefferts is the Commodore of Norwalk Yacht Club.


Official website here: www.norwalkyc.com

What is the revenue of Norwalk Yacht Club?

Norwalk Yacht Club's revenue in 2022 was $1,698,486.


Official website here: www.norwalkyc.com

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

The average compensation at Norwalk Yacht Club during 2022 was $17,160. There are 28 employees and 72 volunteers at Norwalk Yacht Club.


Here are 17 key members and their salaries:


William Beery (Frostbite Ch)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Bobka (Membership C)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rory Cummming (Communicatio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caroline-Fisher Holbrook (Social Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Leach (House Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Mason (Cruise Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevan Olesen (Historian)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Santoro (Mooring Chai)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Schapperle (Technology)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Sparkman (Junior Progr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerry Tavolato (Adult Sailin)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Travis (Regatta Chai)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin P Collins (Fleet Captai)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen Curry (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Kinney (Vice Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Landis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David H Lefferts (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.norwalkyc.com

Where can I find the form 990 for Norwalk Yacht Club?

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


Official website here: www.norwalkyc.com

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

Mission Statement of Norwalk Yacht Club

The Norwalk Yacht Club, an organization of individuals with a shared interest in boating, is devoted to fostering fellowship, amusement, and enjoyment. Its mission is to provide a platform where people with a passion for boating can engage in various boating activities and social events, thereby serving as a hub for their enjoyment and pursuit of boating and amusement. The club sponsors a range of boating activities and social events that align with its purpose, creating an environment that caters to the interests and enjoyment of its members.

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Impact




October, 2024

Norwalk Yacht Club fosters a vibrant community centered around the love of boating, creating a space where individuals come together for fellowship and enjoyment. Through a variety of boating activities and social events, the club enhances the recreational life of its members and the surrounding community in Norwalk, CT. By providing a platform for boating enthusiasts, it encourages participation in water-based activities, promotes camaraderie among members, and strengthens local connections through enjoyment on the water. The club's mission to ensure a social environment for boating enthusiasts contributes significantly to the recreational landscape of the region, offering a unique venue for relaxation, shared experiences, and the joy of boating.




This information is meant to be a general summary of Norwalk 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
$1,698,486 (2022)
Expenses
$1,565,556 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $173
  • Program Service Revenue: $945,074
  • Gross Receipts: $1,698,486

Assets and Liabilities:

  • Total Assets: $3,384,344
  • Total Liabilities: $433,319
  • Net Assets: $2,951,025

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Programs

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

LAUNCH AND MOORING

Revenue

$251,606

ALL OTHER PROGRAM SERVICES

Revenue

$243,464

INITIATION FEES

Revenue

$158,417

CAPITAL ASSESSMENT

Revenue

$137,320

JUNIOR SAILING PROGRAM

Revenue

$122,325

Organization Details

Founding Year

1894

Principal Officer

David H Lefferts

Main Address

10 NATHAN HALE DRIVE, NORWALK, CT, 06853

NTEE Category

Code: N50 - Recreation

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