Overview
What is Pequonnock Yacht Club?
The Pequonnock Yacht Club, located at 98 South Water Street, New Haven, Connecticut 06519, is a nonprofit organization primarily focused on providing a secure environment for its members' boats. This includes both the anchorage and the area for pulling out boats. Beyond boat care, the club serves as a gathering place for its members, encouraging social and recreational activities, particularly sailing, rowing, boat building, and other aquatic sports. With a dedicated workforce of 11 individuals, the Pequonnock Yacht Club fosters a sense of community among its members, promoting shared interests and experiences.
Is Pequonnock Yacht Club legitimate?
Pequonnock Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Pequonnock 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: $195,352
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What is the mission statement of Pequonnock Yacht Club?
The Pequonnock Yacht Club's mission is centered around maintaining a secure space for its members to anchor and store their boats, as well as providing a location for members to pull out their boats. Additionally, the club serves as a social and recreational hub, fostering activities such as sailing, rowing, boat building, and other aquatic sports. The club's primary objective is to offer a place where members can engage in mutual social activities, promoting a sense of community and shared interests.
What is the revenue of Pequonnock Yacht Club?
Pequonnock Yacht Club's revenue in 2023 was $771,999.
Who are the executives of Pequonnock Yacht Club and what are their salaries?
The average compensation at Pequonnock Yacht Club during 2023 was $12,210. There are 16 employees at Pequonnock Yacht Club.
Here are 6 key members and their salaries:
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Pequonnock Yacht Club?
Pequonnock Yacht Club's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Pequonnock Yacht Club
The Pequonnock Yacht Club is dedicated to providing a secure environment for its members' boats, serving as a safe harbor where vessels can be anchored and easily pulled out. Beyond this, the club also functions as a social and recreational hub, fostering camaraderie among its members through activities such as sailing, rowing, boat building, and various aquatic sports. The mission of the Pequonnock Yacht Club is to ensure the well-being of its members' boats and to offer a space for shared leisure activities, especially those that involve water-based pursuits.
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Impact
October, 2024
Pequonnock Yacht Club significantly contributes to the local community by providing a dedicated space for the anchorage and safe storage of members' boats. This facility fosters a sense of camaraderie and belonging among its members, serving as a vibrant social hub for recreational activities centered around sailing, rowing, and aquatic sports. By maintaining a well-equipped meeting place, the club encourages engagement in boat building and other water-related activities, enhancing the recreational landscape of New Haven, CT. The club’s commitment to promoting these activities enriches community ties and supports a culture of outdoor recreation, making it an integral part of the local maritime environment.
This information is meant to be a general summary of Pequonnock 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $54
- Program Service Revenue: $535,932
- Gross Receipts: $1,195,002
Assets and Liabilities:
- Total Assets: $5,369,563
- Total Liabilities: $1,601,374
- Net Assets: $3,768,189
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HAULING
Revenue
$5,391
KEYCARD/MISC INCOME
Revenue
$38,730
LATE FEES
Revenue
$7,245
MEMBERSHIP DUES & FEES
Revenue
$135,709
SLIP RENTAL/BOAT STORAGE
Revenue
$344,569
Organization Details
Founding Year
1906
Principal Officer
Ray Lansing
NTEE Category
Code: N03 - Recreation
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