Shennecossett Yacht Club Inc

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

EIN: 060533275 ✦ Groton, CT ✦ Designated as a 501(c)(7)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

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.


Here are 13 key members and their salaries:


Beth Anderson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shaun Gately (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Lambert (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mat Lisee (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Manner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Volmar (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Wasta (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Behrens (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Chappell (Vice Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Gordon (Rear Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sunny Kagan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Lockwood (Controller)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russ Piper (Yachting Com)
  • Compensation: $0
  • Related: $0
  • Other: $0


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.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

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.

Revenue
$1,371,204 (2022)
Expenses
$1,241,504 (2022)
Efficiency

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

Want to help this charity, for free? You can click here to learn more about Give Freely

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

Principal Officer

Steve Behrens

Main Address

1010 SHENNECOSSETT RD, GROTON, CT, 06340

NTEE Category

Code: N50 - Recreation

If you are a representative of Shennecossett Yacht Club Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.