Northport Yacht Club

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

EIN: 111580388 ✦ Northport, NY ✦ Designated as a 501(c)(7)

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Overview

What is Northport Yacht Club?

Northport Yacht Club is a nonprofit organization situated in Northport, New York. With a workforce of 98 individuals, its primary mission is to provide yachting-related services to its members and encourage sailing and boating activities. This includes maintaining waterfront docks and launches, ensuring these facilities are accessible to members and their families at convenient hours. The club's activities are centered around promoting nautical pursuits, contributing to the enjoyment and engagement of its members.


Official website here: www.northportyachtclub.com

Is Northport Yacht Club legitimate?

Northport Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Northport 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: $0

For more financial information, click here


Official website here: www.northportyachtclub.com

What is the mission statement of Northport Yacht Club?

The Northport Yacht Club's mission is centered around providing yachting-related services to its members and fostering an interest in sailing and boating. They accomplish this by maintaining waterfront docks and launches, ensuring that these facilities are accessible to their 300 members and their families at convenient hours. This mission not only caters to the yachting needs of its members but also encourages the love for sailing and boating within the club.


Official website here: www.northportyachtclub.com

Who is the CEO of Northport Yacht Club?

James Newton is the Commodore of Northport Yacht Club.


Official website here: www.northportyachtclub.com

What is the revenue of Northport Yacht Club?

Northport Yacht Club's revenue in 2022 was $2,879,683.


Official website here: www.northportyachtclub.com

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

There are 98 employees at Northport Yacht Club.


Here are 4 key members and their salaries:


Robert C Polizzo Jr (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Montalto (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert W Moseley (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Newton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.northportyachtclub.com

Where can I find the form 990 for Northport Yacht Club?

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


Official website here: www.northportyachtclub.com

Learn more at the official website: www.northportyachtclub.com

Mission Statement of Northport Yacht Club

Northport Yacht Club, as an organization, is dedicated to offering yachting-related services to its members and advocating for sailing and boating. Its primary mission is to ensure that its 300 members and their families have access to these services at convenient hours. To achieve this, the club maintains waterfront docks and launches, providing a conducive environment for yachting activities. This mission not only caters to the members' needs but also promotes the love for sailing and boating within the club. By offering these services, Northport Yacht Club contributes to fostering a sense of community and shared passion among its members.

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Impact




October, 2024

Northport Yacht Club significantly enhances the community's recreational landscape by providing essential yachting services and promoting the joys of sailing and boating. With well-maintained waterfront docks and launches, the club offers convenient access for its 300 members and their families, fostering a vibrant maritime culture in Northport, NY. Through various activities and events, the club not only allows members to enjoy aquatic pursuits but also creates opportunities for skill development and social interaction, thereby strengthening community bonds. The focus on yachting education and events encourages participation in water sports, promoting a lifelong appreciation for boating and a greater connection to the local environment.




This information is meant to be a general summary of Northport 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
$2,879,683 (2022)
Expenses
$3,204,122 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $14
  • Program Service Revenue: $368,008
  • Gross Receipts: $2,879,683

Assets and Liabilities:

  • Total Assets: $2,345,080
  • Total Liabilities: $408,807
  • Net Assets: $1,936,273

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Programs

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

ASSESSMENTS

Revenue

$209,376

RENTAL FEES AND CLOTHING SALES

Revenue

$41,652

MISC INCOME

Revenue

$26,834

SWIM TEAM AND SAILING LESSONS

Revenue

$90,146

Organization Details

Founding Year

1946

Principal Officer

James Newton

Main Address

PO BOX 29, NORTHPORT, NY, 11768

NTEE Category

Code: N50 - Recreation

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