Essex Corinthian Yacht Club Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 061128061 ✦ Essex, CT ✦ Designated as a 501(c)(7)

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Overview

What is Essex Corinthian Yacht Club Inc?

Essex Corinthian Yacht Club Inc is a nonprofit organization dedicated to fostering an interest in yachting. They achieve this through a social club setup, providing various recreational and pleasure activities. The club's primary objective is to promote yachting as a leisure activity, thereby encouraging community engagement in this field.

Is Essex Corinthian Yacht Club Inc legitimate?

Essex Corinthian Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Essex Corinthian 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: $40,248

For more financial information, click here

What is the mission statement of Essex Corinthian Yacht Club Inc?

The Essex Corinthian Yacht Club Inc. operates with a mission to foster yachting, achieving this through a social club setup. This organization provides a platform for engaging in recreational and leisure yachting activities. By utilizing a social club structure, Essex Corinthian Yacht Club Inc. aims to encourage the enjoyment and participation in yachting among its members. The club's activities are geared towards promoting yachting as a leisure activity, offering opportunities for its members to engage and enjoy the sport.

Who is the CEO of Essex Corinthian Yacht Club Inc?

Lisa Frank is the Treasurer of Essex Corinthian Yacht Club Inc.

What is the revenue of Essex Corinthian Yacht Club Inc?

Essex Corinthian Yacht Club Inc's revenue in 2022 was $257,206.

Who are the executives of Essex Corinthian Yacht Club Inc and what are their salaries?

The average compensation at Essex Corinthian Yacht Club Inc during 2022 was $2,875. There are 14 employees and 50 volunteers at Essex Corinthian Yacht Club Inc.


Here are 14 key members and their salaries:


Jean Little (Office Manager)
  • Compensation: $40,248
  • Related: $0
  • Other: $0
Scott Beckwith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meredith Lindner (Fleet Surgeon)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Hammel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Coan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Pelletier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Decker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Taylor-Stypa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Morano (Past Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Atkinson (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Robinson (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesse Kneier (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Frank (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Sauvigne-Kirsch (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Essex Corinthian Yacht Club Inc?

Essex Corinthian Yacht Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Essex Corinthian Yacht Club Inc

Essex Corinthian Yacht Club Inc is dedicated to fostering an interest in yachting through a social club setup. This organization encourages leisure and recreational activities related to yachting. By operating as a social club, Essex Corinthian Yacht Club Inc provides a platform for individuals to engage in pleasure activities associated with yachting.

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Impact




October, 2024

Essex Corinthian Yacht Club Inc significantly impacts the community by fostering a love for yachting and promoting recreational activities. By serving as a social hub for enthusiasts, the club enhances the social fabric of Essex, CT, bringing individuals and families together through shared experiences on the water.

The club organizes various events and activities that not only allow members to engage in yachting but also promote camaraderie and community spirit. These initiatives encourage participation in recreational boating, which can lead to increased interest in maritime activities and awareness of boating safety and environmental stewardship.

Through its focus on leisure and pleasure activities, the Essex Corinthian Yacht Club empowers individuals to embrace the outdoors and connect with nature, contributing to both personal well-being and the overall health of the community. The club's efforts help sustain a vibrant maritime culture in the region, supporting local economies and preserving the coastal environment for future generations.




This information is meant to be a general summary of Essex Corinthian 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.

Revenue
$257,206 (2022)
Expenses
$251,144 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $59
  • Program Service Revenue: $255,224
  • Gross Receipts: $428,427

Assets and Liabilities:

  • Total Assets: $161,910
  • Total Liabilities: $80,747
  • Net Assets: $81,163

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ENTERTAINMENT

Revenue

$18,675

Membership Dues & Assessments

Revenue

$221,106

MERCHANDISE SALES

Revenue

$2,629

SECURITY, CLARK RACE

Revenue

$3,081

WATERFRONT ACTIVITIES

Revenue

$9,733

Organization Details

Principal Officer

Lisa Frank

Main Address

PO BOX 759, ESSEX, CT, 06426

NTEE Category

Code: N50 - Recreation

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