Babylon Yacht Club

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

EIN: 110503131 ✦ Babylon, NY ✦ Designated as a 501(c)(7)

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Overview

What is Babylon Yacht Club?

The Babylon Yacht Club, located in Babylon, New York, serves as a hub for its members from late May until October. This nonprofit organization offers a wide array of activities, encompassing swimming, sailing, social events, and recreational pursuits. With a dedicated team of 38 individuals, the club provides a welcoming environment for its members to engage in these activities and build a sense of community.

Is Babylon Yacht Club legitimate?

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


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $152,978

For more financial information, click here

What is the mission statement of Babylon Yacht Club?

The Babylon Yacht Club's mission is centered around providing a range of activities for its members between late May and October. This includes swimming, sailing, social events, and recreational activities. The club aims to offer a well-rounded experience that caters to the diverse interests of its members, fostering a sense of community and enjoyment during the summer months.

Who is the CEO of Babylon Yacht Club?

Brianne Hyer is the Director of Babylon Yacht Club.

What is the revenue of Babylon Yacht Club?

Babylon Yacht Club's revenue in 2022 was $630,815.

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

The average compensation at Babylon Yacht Club during 2022 was $4,026. There are 38 employees and 12 volunteers at Babylon Yacht Club.


Here are 12 key members and their salaries:


Craig Stueber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Brennan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles North (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Hemingway (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Caroselli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy Mangiemele (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Galian (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Berdolt (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacey Hoffman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Scott Broderick (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brianne Hyer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Babylon Yacht Club?

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

Mission Statement of Babylon Yacht Club

The Babylon Yacht Club, as stated in its mission, is dedicated to providing a variety of engaging activities for its members from late May to October. This encompasses swimming, sailing, social events, and recreational pursuits, offering a well-rounded seasonal experience for its members. This mission is geared towards fostering a sense of community and enjoyment among its members, providing them with a range of enjoyable activities throughout the summer months.

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Impact




October, 2024

Babylon Yacht Club significantly enhances the quality of life for its members through a variety of recreational activities. By providing access to swimming, sailing, and social events from late May to October, the club fosters a strong sense of community and belonging. Members can engage in water sports, develop new skills, and enjoy the camaraderie that comes with shared interests in sailing and recreation. The scenic environment of Babylon, NY, combined with the club’s offerings, creates a welcoming atmosphere where families and individuals can relax, connect, and create lasting memories. Overall, Babylon Yacht Club plays a vital role in promoting an active lifestyle and strengthening community ties among its members.




This information is meant to be a general summary of Babylon 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
$630,815 (2022)
Expenses
$640,362 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $159,306
  • Gross Receipts: $632,776

Assets and Liabilities:

  • Total Assets: $345,047
  • Total Liabilities: $73,280
  • Net Assets: $271,767

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Programs

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

SERVICES & LESSONS

Revenue

$114,671

INITATION FEES

Revenue

$44,635

Organization Details

Founding Year

1903

Principal Officer

Brianne Hyer

Main Address

PO BOX 614, BABYLON, NY, 11702

NTEE Category

Code: N50 - Recreation

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