Overview
What is Danbury Yacht Club?
Danbury Yacht Club is a community-centered organization situated in Danbury, Connecticut. Its primary focus lies in the realm of sailing, fostering camaraderie and competitive spirit among its members through organized racing events. The club provides a variety of sailing-related programs to engage and develop its members' skills. Its mission encompasses both the love for sailing and the enjoyment of shared experiences, making it an ideal social hub for yacht enthusiasts.
Is Danbury Yacht Club legitimate?
Danbury Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Danbury 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: $0
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What is the mission statement of Danbury Yacht Club?
The Danbury Yacht Club is dedicated to fostering an environment centered around sailing, camaraderie, and member racing. Its primary objective is to organize activities that encourage and enhance sailing skills. The club serves as a platform for members to engage in friendly competitions, thereby promoting a sense of fellowship and camaraderie.
What is the revenue of Danbury Yacht Club?
Danbury Yacht Club's revenue in 2023 was $98,665.
Who are the executives of Danbury Yacht Club and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Danbury Yacht Club?
Danbury Yacht Club's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Danbury Yacht Club
Danbury Yacht Club, as a recreational club, is dedicated to emphasizing sailing, camaraderie, and member competitions. The organization's mission is centered around these three elements, aiming to foster a sailing culture and a sense of community among its members. Programs are designed to encourage sailing activities, promoting an engaging and enjoyable experience for all participants.
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Impact
October, 2024
Danbury Yacht Club plays a significant role in fostering a vibrant sailing community in Danbury, CT, by prioritizing sailing, fellowship, and member racing. The club serves as a hub for sailing enthusiasts, offering programs and activities that promote the sport and provide opportunities for members to connect and enjoy recreational sailing together. Through organized races and social events, it encourages camaraderie among members, enhancing the overall experience of sailing as both a competitive and leisurely pursuit.
The impact of the club extends beyond its members, contributing to the local economy by attracting visitors for races and events, which can lead to increased business for nearby establishments. By promoting sailing as a viable recreational activity, the Danbury Yacht Club also helps cultivate interest in maritime skills and environmental stewardship among participants, fostering a culture of respect for local waterways. Overall, the club enriches the community by nurturing a love for sailing and building lasting relationships among its members.
This information is meant to be a general summary of Danbury 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: $2,481
- Program Service Revenue: $94,959
- Gross Receipts: $98,665
Assets and Liabilities:
- Total Assets: $616,156
- Total Liabilities: $0
- Net Assets: $616,156
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Initiation Fees
Revenue
$3,000
Member Assessment
Revenue
$25,000
Member Dues
Revenue
$62,861
Social Income
Revenue
$4,098
Organization Details
Principal Officer
Peter Massiello
NTEE Category
Code: N50 - Recreation
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