Overview
What is The Shelter Island Yacht Club Inc?
The Shelter Island Yacht Club Inc is a nonprofit organization dedicated to promoting social recreation in yachting. Their primary mission involves encouraging this activity and maintaining a clubhouse that serves as a hub for dining and social events, catering to the enjoyment of its members. The clubhouse provides a lively atmosphere for its members, offering various social activities.
Official website here: www.siyc.com
Is The Shelter Island Yacht Club Inc legitimate?
The Shelter Island Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. The Shelter Island 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: $203,140
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,224,589
For more financial information, click here
Official website here: www.siyc.com
What is the mission statement of The Shelter Island Yacht Club Inc?
The Shelter Island Yacht Club Inc's mission is focused on fostering social recreation in yachting and maintaining a clubhouse that offers dining and social activities for its members to enjoy and utilize. This organization is dedicated to providing an environment where its members can engage in yachting-related activities and enjoy the social aspects of the clubhouse.
Official website here: www.siyc.com
What is the revenue of The Shelter Island Yacht Club Inc?
The Shelter Island Yacht Club Inc's revenue in 2023 was $3,389,146.
Official website here: www.siyc.com
Who are the executives of The Shelter Island Yacht Club Inc and what are their salaries?
The average compensation at The Shelter Island Yacht Club Inc during 2023 was $12,415. There are 115 employees and 25 volunteers at The Shelter Island Yacht Club Inc.
Here are 17 key members and their salaries:
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- Compensation: $148,389
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- Other: $23,687
- Compensation: $103,070
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- Other: $23,485
Official website here: www.siyc.com
Where can I find the form 990 for The Shelter Island Yacht Club Inc?
The Shelter Island Yacht Club Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.siyc.com
Learn more at the official website: www.siyc.com
Mission Statement of The Shelter Island Yacht Club Inc
The Shelter Island Yacht Club Inc is committed to fostering social recreation in yachting. Their mission is twofold: firstly, to encourage the enjoyment of yachting among its members, and secondly, to maintain a clubhouse that serves as a hub for dining and social activities. This clubhouse provides a space for members to engage in various social activities, enhancing their yachting experience. By offering these facilities, The Shelter Island Yacht Club Inc aims to create a welcoming environment where its members can relax, socialize, and partake in yachting-related activities.
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Impact
October, 2024
The Shelter Island Yacht Club Inc significantly enriches the community by promoting social recreation centered around yachting. Its mission fosters a vibrant social atmosphere that enhances members' enjoyment of sailing and recreational boating. Through its clubhouse, the club not only provides dining options but also serves as a social hub where members can engage and strengthen community ties. By facilitating various social activities, it creates a sense of belonging and camaraderie among boating enthusiasts, thereby contributing to the cultural tapestry of Shelter Island. The club's activities encourage a lifestyle that values nature, recreation, and community togetherness, positively impacting both members and the broader community.
This information is meant to be a general summary of The Shelter Island 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $41,765
- Program Service Revenue: $1,632,252
- Gross Receipts: $4,611,169
Assets and Liabilities:
- Total Assets: $4,401,874
- Total Liabilities: $183,558
- Net Assets: $4,218,316
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,305,532
INITIATION FEES
Revenue
$326,720
Organization Details
Founding Year
1886
Principal Officer
Benjamin I Dyett Jr
Website
www.siyc.comNTEE Category
Code: N50 - Recreation
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