Sachem's Head Yacht Club

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

EIN: 060520250 ✦ Guilford, CT ✦ Designated as a 501(c)(7)

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Overview

What is Sachem's Head Yacht Club?

Sachem's Head Yacht Club is a nonprofit organization situated in Guilford, Connecticut. Primarily, it serves its members by providing exclusive recreational, pleasure, or social activities. The club aims to offer a variety of programs solely for its members, fostering a community atmosphere. As a pleasure-oriented organization, Sachem's Head Yacht Club fosters camaraderie and leisure among its members.


Official website here: www.shyclub.com

Is Sachem's Head Yacht Club legitimate?

Sachem's Head Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Sachem's Head 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: $15,181

For more financial information, click here


Official website here: www.shyclub.com

What is the mission statement of Sachem's Head Yacht Club?

The Sachem's Head Yacht Club is dedicated to providing exclusive recreational, pleasure, or social activities for its members. Situated in an undisclosed location, the club offers a variety of programs that are exclusively available to its members. The primary focus of the club is to serve as a hub for its members to engage in enjoyable and social activities.


Official website here: www.shyclub.com

Who is the CEO of Sachem's Head Yacht Club?

J Philip Smyth is the Secretary of Sachem's Head Yacht Club.


Official website here: www.shyclub.com

What is the revenue of Sachem's Head Yacht Club?

Sachem's Head Yacht Club's revenue in 2023 was $813,873.


Official website here: www.shyclub.com

Who are the executives of Sachem's Head Yacht Club and what are their salaries?

The average compensation at Sachem's Head Yacht Club during 2023 was $370. There are 41 employees at Sachem's Head Yacht Club.


Here are 14 key members and their salaries:


Matthew Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Philip Smyth (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Ginz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Schnitt (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Davidson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Lai (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Whitney Peterson (Vice Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cutter Smith (Fleet Captai)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Brown (Entertainmen)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wesley Cain (Liquor Commi)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Fitton (Ex Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Walden (Sailing Head)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Weber (Harbor Manag)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colin Cooper (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.shyclub.com

Where can I find the form 990 for Sachem's Head Yacht Club?

Sachem's Head Yacht Club's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.shyclub.com

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

Mission Statement of Sachem's Head Yacht Club

Sachem's Head Yacht Club is a unique organization that focuses solely on offering recreational, pleasure, or social activities for its members. Situated in its own right, this club does not extend its services beyond its membership base. The mission of Sachem's Head Yacht Club is to provide an exclusive space for its members to engage in various programs and activities. This club serves as a sanctuary where its members can unwind, socialize, and partake in leisure activities, making it a vital part of its members' lifestyles.

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Impact




October, 2024

Sachem's Head Yacht Club plays a vital role in fostering community and camaraderie among its members. By offering exclusive recreational and social activities, the club enhances the overall quality of life for its participants. It provides a dedicated space for members to engage in various programs that promote leisure activities, often centered around water-based sports and events.

Situated in Guilford, CT, the club not only serves as a hub for sailing and boating enthusiasts but also encourages social interaction and the strengthening of friendships within the community. Its focus on member-exclusive programs creates an environment where individuals can connect, share experiences, and build lasting relationships.

This nurturing atmosphere contributes to a sense of belonging among members, enriching their social lives and promoting a lifestyle centered around recreation and enjoyment in a beautiful coastal setting. In essence, Sachem's Head Yacht Club is more than just a venue; it is a cornerstone of community engagement, promoting a healthy and active lifestyle while celebrating the joys of maritime activities.




This information is meant to be a general summary of Sachem's Head 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
$813,873 (2023)
Expenses
$755,375 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $214
  • Program Service Revenue: $813,659
  • Gross Receipts: $813,873

Assets and Liabilities:

  • Total Assets: $725,172
  • Total Liabilities: $8,000
  • Net Assets: $717,172

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Programs

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

MEMBERSHIP DUES

Revenue

$437,098

ENTERTAINMENT INCOME

Revenue

$117,117

SAILING INCOME

Revenue

$82,098

GALLEY INCOME

Revenue

$80,260

TENNIS INCOME

Revenue

$47,053

Organization Details

Founding Year

1899

Principal Officer

J Philip Smyth

Main Address

PO BOX 124, GUILFORD, CT, 064372319

NTEE Category

Code: N50 - Recreation

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