Overview
What is Hamburg Cove Yacht Club?
Hamburg Cove Yacht Club, situated in Old Lyme, Connecticut, serves as a hub for boating enthusiasts. Functioning as a recreational, leisure, or social club, its primary goal is to foster the enjoyment of boating activities. The club provides a platform for individuals to engage in boating-related social activities, contributing to the overall boating community.
Is Hamburg Cove Yacht Club legitimate?
Hamburg Cove Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Hamburg Cove 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.
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What is the mission statement of Hamburg Cove Yacht Club?
The Hamburg Cove Yacht Club, serving as a recreational or social club, is dedicated to fostering the enjoyment of boating. It achieves this by organizing various social programs that cater to the boating community. Located elsewhere, the specific location is not provided in the information.
What is the revenue of Hamburg Cove Yacht Club?
Hamburg Cove Yacht Club's revenue in 2023 was $72,400.
Who are the executives of Hamburg Cove Yacht Club and what are their salaries?
Here are 14 key members and their salaries:
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Where can I find the form 990 for Hamburg Cove Yacht Club?
Hamburg Cove Yacht Club's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Hamburg Cove Yacht Club
Hamburg Cove Yacht Club, as a social club, is dedicated to fostering the enjoyment of boating. This organization serves as a platform for recreational, pleasure, and social activities related to boating. By promoting these activities, Hamburg Cove Yacht Club encourages individuals to engage with the water in a leisurely and social context.
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Impact
October, 2024
Hamburg Cove Yacht Club significantly enhances the boating experience for its members and the broader community through a variety of social club programs. Located in Old Lyme, CT, the club fosters a love for boating by providing opportunities for recreational fellowship, skill development, and shared experiences on the water.
By cultivating a welcoming environment, the club not only promotes recreational boating but also strengthens community ties among residents and boating enthusiasts. Its activities contribute to a vibrant social scene, encouraging participation in boating events, education on maritime safety, and the enjoyment of the natural beauty of the surrounding waters. The club serves as a catalyst for connecting people who share a passion for the water, ultimately enriching the local culture and encouraging an appreciation for the boating lifestyle.
This information is meant to be a general summary of Hamburg Cove 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: $120
- Program Service Revenue: $31,681
- Gross Receipts: $76,522
Assets and Liabilities:
- Total Assets: $586,412
- Total Liabilities: $46,540
- Net Assets: $539,872
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENTS
Revenue
$22,500
CHANDLERY SALES
KAYAK/LAUNCH/DOCK
Revenue
$9,181
Organization Details
Principal Officer
Tad Fallon
NTEE Category
Code: N50 - Recreation
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