Overview
What is Shennecossett Yacht Club Inc?
Shennecossett Yacht Club Inc, situated in Groton, Connecticut, is a nonprofit organization committed to fostering sailing and social engagements. They aim to create a congenial atmosphere for family yachting and are dedicated to preserving the environment and natural resources. The club's mission is to promote sailing activities and encourage family participation, ensuring an enjoyable experience for all members.
Official website here: www.shennecossettyachtclub.org
Is Shennecossett Yacht Club Inc legitimate?
Shennecossett Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Shennecossett 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $295,885
For more financial information, click here
Official website here: www.shennecossettyachtclub.org
What is the mission statement of Shennecossett Yacht Club Inc?
The Shennecossett Yacht Club Inc. is committed to promoting sailing and social activities. It fosters a welcoming environment for family yachting, encouraging participation in a friendly and cooperative manner. Furthermore, the club takes an active role in safeguarding the environment and preserving natural resources. Although the specific location of the club is not mentioned, it is based in Groton, Connecticut.
Official website here: www.shennecossettyachtclub.org
Who is the CEO of Shennecossett Yacht Club Inc?
Steve Behrens is the Commodore of Shennecossett Yacht Club Inc.
Official website here: www.shennecossettyachtclub.org
What is the revenue of Shennecossett Yacht Club Inc?
Shennecossett Yacht Club Inc's revenue in 2022 was $1,371,204.
Official website here: www.shennecossettyachtclub.org
Who are the executives of Shennecossett Yacht Club Inc and what are their salaries?
The average compensation at Shennecossett Yacht Club Inc during 2022 was $12,865. There are 23 employees and 13 volunteers at Shennecossett Yacht Club Inc.
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Official website here: www.shennecossettyachtclub.org
Where can I find the form 990 for Shennecossett Yacht Club Inc?
Shennecossett Yacht Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.shennecossettyachtclub.org
Learn more at the official website: www.shennecossettyachtclub.org
Mission Statement of Shennecossett Yacht Club Inc
Shennecossett Yacht Club, as a nonprofit organization, is dedicated to fostering sailing activities and social engagements. Its primary mission is to create an inviting environment that encourages family-oriented yachting. The club strives to uphold this mission by promoting sailing enthusiasts and providing them with an enjoyable setting. Moreover, Shennecossett Yacht Club is committed to preserving the environment and natural resources, demonstrating a responsible approach towards its activities.
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Impact
October, 2024
Shennecossett Yacht Club Inc significantly enriches the Groton community by promoting sailing and social activities that foster a love for the water and enhance family-oriented recreation. By providing a welcoming environment for sailing enthusiasts of all ages, it encourages families to engage in yachting, strengthening community bonds and fostering friendships among members.
In addition to its recreational impact, the club places a strong emphasis on environmental stewardship, striving to protect the natural resources and beauty of the surrounding area. By promoting awareness and appreciation for the local ecosystem, Shennecossett Yacht Club Inc plays a crucial role in cultivating a sense of responsibility towards the environment among its members and the broader community.
Through organized events and social gatherings, the yacht club not only enhances the quality of life for its members but also contributes to a vibrant, active community in Groton, CT, promoting an appreciation for both sailing and nature.
This information is meant to be a general summary of Shennecossett 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $33,433
- Program Service Revenue: $1,185,899
- Gross Receipts: $1,815,217
Assets and Liabilities:
- Total Assets: $3,715,610
- Total Liabilities: $130,543
- Net Assets: $3,585,067
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER SLIP, STORAGE, LAUNCH
Revenue
$979,854
DUES & ASSESSMENTS
Revenue
$180,687
SPECIAL ACTIVITIES
Revenue
$24,983
OTHER PROGRAM INCOME
Revenue
$375
Organization Details
Founding Year
1928
Phone
(860) 445-9854Principal Officer
Steve Behrens
Main Address
1010 SHENNECOSSETT RD, GROTON, CT, 06340
NTEE Category
Code: N50 - Recreation
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