Overview
What is City Point Yacht Club Inc?
City Point Yacht Club Inc, located in New Haven, Connecticut, is a social or country club that focuses on the pursuit of amateur yachting and sailing. This nonprofit organization is dedicated to promoting and fostering the love for yachting among its members and the community. The mission of City Point Yacht Club Inc is to encourage and support sailing activities, catering to both novice and experienced yachtsmen.
Is City Point Yacht Club Inc legitimate?
City Point Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. City Point 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:
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What is the mission statement of City Point Yacht Club Inc?
The City Point Yacht Club, as a social or recreational organization, is dedicated to promoting amateur yachtsmanship and sailing. Their mission is centered around fostering a passion for sailing and providing opportunities for individuals to engage in this activity. The club likely offers resources, events, and programs to support and encourage members' interest in yachting and sailing.
What is the revenue of City Point Yacht Club Inc?
City Point Yacht Club Inc's revenue in 2024 was $718,984.
Who are the executives of City Point Yacht Club Inc and what are their salaries?
There are 22 employees at City Point Yacht Club Inc.
Here are 11 key members and their salaries:
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Where can I find the form 990 for City Point Yacht Club Inc?
City Point Yacht Club Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of City Point Yacht Club Inc
City Point Yacht Club, as a social or country club, is dedicated to promoting amateur yachtsmanship and sailing. The organization's mission is centered around fostering a community of sailors and encouraging their passion for the sport. By focusing on amateur yachtsmanship, City Point Yacht Club provides an environment for individuals to refine their sailing skills, engage in friendly competition, and share their love for the sea with like-minded individuals.
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Impact
October, 2024
City Point Yacht Club Inc plays a significant role in promoting amateur yachtsmanship and sailing in New Haven, CT. By providing a welcoming environment for sailing enthusiasts, the club fosters community engagement and connections among members who share a passion for nautical activities.
The club serves as a hub for recreational sailing, offering opportunities for individuals and families to engage in water-based activities. This not only enhances the local culture of sailing but also encourages outdoor recreation, contributing to the physical well-being of participants.
Through organized events and activities, City Point Yacht Club creates a space where skills can be developed, knowledge shared, and friendships formed, enriching the social fabric of the community. Its commitment to amateur yachtsmanship helps to promote an appreciation for maritime traditions and environmental stewardship among members and the wider population.
This information is meant to be a general summary of City Point 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 2024.
- Investment Income: $16,655
- Program Service Revenue: $612,220
- Gross Receipts: $1,071,559
Assets and Liabilities:
- Total Assets: $4,227,501
- Total Liabilities: $2,303,376
- Net Assets: $1,924,125
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DUES AND MEMBERS FEES
Revenue
$567,192
FUNDRAISING ACTIVITIES
Revenue
$45,028
Organization Details
Founding Year
1895
Principal Officer
Salvatore D'Amato
NTEE Category
Code: N50 - Recreation
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