Overview
What is East Norwalk Boating & Yacht Club?
The East Norwalk Boating & Yacht Club is a 100% exclusive, member-only boating and social club located somewhere. It operates solely on membership fees, with no additional income sources for financial gain. Beyond providing a social space for its members, the club also awards $500 scholarships to deserving students. The scholarship application process is fair and unbiased, with the review committee remaining unaware of the applicant's identity. The club's website allows individuals to download the scholarship application forms.
Official website here: www.enbyc.com
Is East Norwalk Boating & Yacht Club legitimate?
East Norwalk Boating & Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. East Norwalk Boating & Yacht Club submitted a form 990EZ, 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.
Official website here: www.enbyc.com
What is the mission statement of East Norwalk Boating & Yacht Club?
The East Norwalk Boating and Yacht Club serves as a private, member-exclusive social club primarily focused on boating and yachting activities. It does not aim for financial gain beyond the membership fees it collects. Additionally, the club extends educational support by offering college scholarships to deserving applicants, with the selection process carried out anonymously by a review committee. The scholarship amount for each successful applicant is set at $500.
Official website here: www.enbyc.com
Who is the CEO of East Norwalk Boating & Yacht Club?
Mark Lovallo is the Treasurer of East Norwalk Boating & Yacht Club.
Official website here: www.enbyc.com
What is the revenue of East Norwalk Boating & Yacht Club?
East Norwalk Boating & Yacht Club's revenue in 2022 was $53,395.
Official website here: www.enbyc.com
Who are the executives of East Norwalk Boating & Yacht Club and what are their salaries?
Here are 4 key members and their salaries:
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Official website here: www.enbyc.com
Where can I find the form 990EZ for East Norwalk Boating & Yacht Club?
East Norwalk Boating & Yacht Club's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.enbyc.com
Learn more at the official website: www.enbyc.com
Mission Statement of East Norwalk Boating & Yacht Club
The East Norwalk Boating & Yacht Club serves as a private social club for its members, primarily focusing on boating and yacht activities. This organization derives its income solely from the membership fees paid by its members, with no other financial objectives in mind. Beyond being a social hub, the club also demonstrates its commitment to the community by offering college scholarships. The scholarships are awarded to deserving applicants, with each applicant having the opportunity to apply for the $500 scholarship through forms available on the club's website. The scholarship selection process is fair, with the selection committee reviewing applications anonymously, ensuring that each application is given equal consideration, regardless of the applicant's identity.
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Impact
October, 2024
The East Norwalk Boating & Yacht Club plays a vital role in fostering community engagement and recreational opportunities in Norwalk, CT. As a private boating and yacht club, it serves as a social hub for its members, promoting camaraderie and shared interests in boating and aquatic activities.
Additionally, the club makes a significant impact through its scholarship program, offering $500 scholarships to deserving college-bound students. This initiative not only supports local youth in their educational pursuits but also strengthens community ties by investing in the future of its members and residents.
The club's commitment to providing recreational activities, coupled with its focus on education, underscores its importance in the fabric of the Norwalk community. By facilitating a space for boating enthusiasts while championing academic achievement, the East Norwalk Boating & Yacht Club enhances both leisure and learning in the area.
This information is meant to be a general summary of East Norwalk Boating & 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 2022.
- Investment Income: $124
- Gross Receipts: $53,395
Assets and Liabilities:
- Total Assets: $407,667
- Total Liabilities: $0
- Net Assets: $407,667
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Organization Details
Principal Officer
Mark Lovallo
Main Address
60 SEAVIEW AVE, NORWALK, CT, 068551810
Website
www.enbyc.comNTEE Category
Code: N50 - Recreation
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