Riverside Yacht Club Incorporated

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

EIN: 060511710 ✦ Riverside, CT ✦ Designated as a 501(c)(7)

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Overview

What is Riverside Yacht Club Incorporated?

Riverside Yacht Club Incorporated is a nonprofit organization primarily focused on offering social recreation through yachting activities. They operate with a mission to maintain a clubhouse that caters to the dining and social needs of its members. Although the specific activities and schedules are not disclosed, the club's purpose is to provide an engaging and recreational environment for its members. The organization's primary objective is to foster a sense of community and camaraderie among its members through yachting activities and social events held at the clubhouse.


Official website here: www.riversideyc.org

Is Riverside Yacht Club Incorporated legitimate?

Riverside Yacht Club Incorporated is a legitimate nonprofit organization registered as a 501(c)(7) entity. Riverside Yacht Club Incorporated 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: $410,978
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,500,639

For more financial information, click here


Official website here: www.riversideyc.org

What is the mission statement of Riverside Yacht Club Incorporated?

The Riverside Yacht Club Incorporated is dedicated to providing social recreation in the field of yachting. Their primary objective is to maintain a clubhouse that offers dining and social activities for its membership. The club's mission emphasizes fostering a community atmosphere through yachting activities and social events within the clubhouse.


Official website here: www.riversideyc.org

Who is the CEO of Riverside Yacht Club Incorporated?

Andreas Duus is the Commodore of Riverside Yacht Club Incorporated.


Official website here: www.riversideyc.org

What is the revenue of Riverside Yacht Club Incorporated?

Riverside Yacht Club Incorporated's revenue in 2022 was $7,265,128.


Official website here: www.riversideyc.org

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

The average compensation at Riverside Yacht Club Incorporated during 2022 was $17,973. There are 162 employees and 50 volunteers at Riverside Yacht Club Incorporated.


Here are 24 key members and their salaries:


Mark N Parry (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen R Munger (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Cooper (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert D Wilson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian A Warner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Quinn (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Sahrbeck (Fleet Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Thomas S Riles (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Stephanie Johnson (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey G Neuberth (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine S Kramer (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael S Perlis (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Schinto (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Hansen (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Kelley (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Cribari Kosinski (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin K Dyment (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Breckinridge (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles M Zeigler (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Ashley (General Manager)
  • Compensation: $410,214
  • Related: $0
  • Other: $18,154
Joseph Manuele (Controller)
  • Compensation: $188,630
  • Related: $0
  • Other: $11,041
Kevin Docherty (Chef)
  • Compensation: $176,626
  • Related: $0
  • Other: $32,492
Jeffrey Freidag (Dock Master)
  • Compensation: $147,719
  • Related: $0
  • Other: $15,729
Courtney Wetzel (Clubhouse Manager)
  • Compensation: $138,283
  • Related: $0
  • Other: $15,364


Official website here: www.riversideyc.org

Where can I find the form 990 for Riverside Yacht Club Incorporated?

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


Official website here: www.riversideyc.org

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

Mission Statement of Riverside Yacht Club Incorporated

Riverside Yacht Club Incorporated is committed to providing social recreation in the realm of yachting. Its primary objective is to maintain a clubhouse that caters to the dining and social activities of its membership. The club serves as a hub for its members to engage in yachting-related activities and enjoy social gatherings within its premises.

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Impact




October, 2024

Riverside Yacht Club Incorporated fosters a vibrant community focused on social recreation through yachting and related activities. Its mission emphasizes maintaining a welcoming clubhouse that serves as a hub for dining and social gatherings, enhancing the sense of camaraderie among its members. By promoting yachting and social engagement, the club contributes to a rich maritime culture in Riverside, Connecticut, while also supporting local economic activities related to recreation and hospitality. The club’s activities encourage a lifestyle centered around outdoor recreation, fostering teamwork, community bonding, and an appreciation for the natural beauty of the waterfront.




This information is meant to be a general summary of Riverside Yacht Club Incorporated. 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
$7,265,128 (2022)
Expenses
$6,644,039 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $14,549
  • Program Service Revenue: $3,598,959
  • Gross Receipts: $8,527,575

Assets and Liabilities:

  • Total Assets: $13,351,662
  • Total Liabilities: $2,061,153
  • Net Assets: $11,290,509

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Programs

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

MEMBERSHIP DUES

Revenue

$2,753,997

CAPITAL IMPROVEMENT AS

Revenue

$647,462

INITIATION FEES

Revenue

$197,500

Organization Details

Founding Year

1888

Principal Officer

Andreas Duus

Main Address

102 CLUB ROAD, RIVERSIDE, CT, 06878

NTEE Category

Code: N50 - Recreation

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