Overview
What is Thames Yacht Club Inc?
Thames Yacht Club Inc, situated in Niantic, Connecticut, functions as a nonprofit organization, catering primarily to sailing enthusiasts. The club provides a comprehensive boating facility, offering its approximately 160 members the chance to engage in racing, mooring, docking, social events, and instructional programs. The clubhouse serves as a hub for these activities, fostering a sense of community among its members.
Official website here: www.thamesyachtclub.org
Is Thames Yacht Club Inc legitimate?
Thames Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Thames 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: $53,428
For more financial information, click here
Official website here: www.thamesyachtclub.org
What is the mission statement of Thames Yacht Club Inc?
Thames Yacht Club Inc serves as a hub for sailboat enthusiasts, offering a clubhouse and mooring facilities. Its mission is to provide an all-encompassing boating experience, encompassing racing, mooring, docking, social events, and instructional opportunities, catering to around 160 members. The club aims to foster a community where sailors can engage in their shared passion, promoting camaraderie and skill development.
Official website here: www.thamesyachtclub.org
Who is the CEO of Thames Yacht Club Inc?
Russell Carr is the Treasurer of Thames Yacht Club Inc.
Official website here: www.thamesyachtclub.org
What is the revenue of Thames Yacht Club Inc?
Thames Yacht Club Inc's revenue in 2022 was $301,130.
Official website here: www.thamesyachtclub.org
Who are the executives of Thames Yacht Club Inc and what are their salaries?
The average compensation at Thames Yacht Club Inc during 2022 was $3,562. There are 15 employees and 20 volunteers at Thames Yacht Club Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thamesyachtclub.org
Where can I find the form 990 for Thames Yacht Club Inc?
Thames Yacht Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thamesyachtclub.org
Learn more at the official website: www.thamesyachtclub.org
Mission Statement of Thames Yacht Club Inc
Thames Yacht Club Inc is dedicated to serving the boating community by offering a clubhouse and mooring facilities for sailboats. This nonprofit organization provides a comprehensive range of opportunities for its approximately 160 members, located in Niantic, CT. The clubhouse serves as a social hub, while the mooring and docking facilities allow members to keep their sailboats conveniently close. Beyond these practical services, Thames Yacht Club Inc also offers racing events, instructional programs, and social activities. This well-rounded approach to boating ensures that members can enjoy all aspects of their sailing hobby while being part of a supportive community.
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Impact
October, 2024
Thames Yacht Club Inc significantly enriches the community by providing vital resources for sailing enthusiasts in Niantic, CT. Its clubhouse and mooring facilities create a hub for approximately 160 members, fostering a vibrant sailing community. The club facilitates various activities, including racing, docking, and social gatherings, that promote camaraderie and a shared passion for sailing.
By offering instructional opportunities, Thames Yacht Club plays a crucial role in educating both novice and experienced sailors, enhancing their skills and confidence on the water. The club also contributes to the local economy by attracting visitors and promoting recreational boating, which supports local businesses. Overall, Thames Yacht Club serves as an essential asset to the community, encouraging outdoor activity, fostering social connections, and preserving the boating culture in the region.
This information is meant to be a general summary of Thames 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: $34
- Program Service Revenue: $296,194
- Gross Receipts: $309,500
Assets and Liabilities:
- Total Assets: $515,996
- Total Liabilities: $273,014
- Net Assets: $242,982
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$202,431
SAILING
Revenue
$41,653
MOORINGS
Revenue
$42,167
SOCIAL COMMITTEE
Revenue
$3,910
REGATTA COMMITTEE
Revenue
$6,033
Organization Details
Founding Year
1933
Principal Officer
Russell Carr
Main Address
180 FLANDER RD, NIANTIC, CT, 06357
Website
www.thamesyachtclub.orgNTEE Category
Code: N50 - Recreation
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