Valley Yacht Club

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

EIN: 066114998 ✦ Milford, CT ✦ Designated as a 501(c)(7)

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Overview

What is Valley Yacht Club?

Valley Yacht Club, situated in Milford, Connecticut, is a nonprofit organization with a passion for boating. Their primary purpose is to foster the sport of boating and encourage good sportsmanship among its members. They bring together individuals who share a love for boating, promoting camaraderie and shared interests. The club additionally sponsors expenses for charitable and social events, aiming to extend the reach and popularity of boating. By organizing these activities, Valley Yacht Club effectively encourages responsible conduct and community involvement within the boating community.


Official website here: www.valleyyc.org

Is Valley Yacht Club legitimate?

Valley Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Valley 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.valleyyc.org

What is the mission statement of Valley Yacht Club?

The Valley Yacht Club, in its mission, aims to foster the love for boating and sportsmanship among its members. The club's primary objective is to unite individuals with a shared interest in boating. Besides promoting the sport, the Valley Yacht Club also sponsors various benevolent and social activities to further propagate the sport. These additional events contribute to strengthening the community and enhancing the overall boating experience.


Official website here: www.valleyyc.org

Who is the CEO of Valley Yacht Club?

Paul Gustavson is the Treasurer of Valley Yacht Club.


Official website here: www.valleyyc.org

What is the revenue of Valley Yacht Club?

Valley Yacht Club's revenue in 2022 was $69,461.


Official website here: www.valleyyc.org

Who are the executives of Valley Yacht Club and what are their salaries?


Here are 11 key members and their salaries:


Mark Douglas Jr (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Norman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Bogert (Financial Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Gustavson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Costa (Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Hinkson (Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Clement (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Mosman (Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Litrell (Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Bogert (Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Cebulski (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.valleyyc.org

Where can I find the form 990EZ for Valley Yacht Club?

Valley Yacht Club's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.valleyyc.org

Learn more at the official website: www.valleyyc.org

Mission Statement of Valley Yacht Club

Valley Yacht Club, a non-profit organization, is dedicated to fostering the love for boating and promoting responsible conduct within its community. Its mission is to serve as a hub for individuals who share a passion for the sport, bringing them together and encouraging camaraderie. Beyond promoting boating, the club also sponsors various benevolent and social activities, aiming to enhance the sport's popularity and further engage its members. Valley Yacht Club's mission is thus centered around encouraging the sport, fostering sportsmanship, and uniting individuals with a shared interest in boating.

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Impact




October, 2024

Valley Yacht Club significantly enhances the local community by fostering a love for boating and promoting sportsmanship among its members. Located in Milford, CT, it creates a welcoming environment for individuals who share a passion for the water, encouraging camaraderie and collaboration. Through its various programs and activities, the club not only cultivates boating skills but also emphasizes the importance of responsible conduct on the water.

The club sponsors benevolent and social activities that further enrich the community, providing opportunities for networking and friendship building among boating enthusiasts. By organizing events that bring together diverse individuals, Valley Yacht Club strengthens community ties and encourages a collective appreciation for this timeless sport. Its focus on promoting boating ensures that both seasoned mariners and newcomers can engage in enjoyable experiences, enhancing the overall maritime culture of the area.




This information is meant to be a general summary of Valley 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.

Revenue
$69,461 (2022)
Expenses
$75,404 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $18
  • Program Service Revenue: $44,319
  • Gross Receipts: $69,461

Assets and Liabilities:

  • Total Assets: $266,125
  • Total Liabilities: $8,200
  • Net Assets: $257,925

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Organization Details

Principal Officer

Paul Gustavson

Main Address

44 Riverside Drive, Milford, CT, 06461

NTEE Category

Code: N50 - Recreation

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