Overview
What is Centerport Yacht Club Inc?
Centerport Yacht Club Inc, situated beyond disclosure, is a nonprofit organization dedicated to fostering the love for yachting. They aim to enhance members' abilities in navigation and boat handling. The club offers facilities for boating and entertainment, fostering a social environment among its members. Moreover, the club facilitates tax-exempt activities related to yachting for its members, promoting an engaging and recreational atmosphere.
Official website here: www.centerport-yc.org
Is Centerport Yacht Club Inc legitimate?
Centerport Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Centerport 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: $1,277,644
For more financial information, click here
Official website here: www.centerport-yc.org
What is the mission statement of Centerport Yacht Club Inc?
The Centerport Yacht Club Inc's mission is centered around promoting the sport of yachting. It actively encourages the development of navigation and boat handling skills among its members. The club also offers facilities for boating and organizes entertainment events for its members. Furthermore, it aims to foster social interaction among its members, thereby promoting a sense of community. Additionally, the club provides tax-exempt activities for its members, enhancing their club experience.
Official website here: www.centerport-yc.org
What is the revenue of Centerport Yacht Club Inc?
Centerport Yacht Club Inc's revenue in 2023 was $2,633,938.
Official website here: www.centerport-yc.org
Who are the executives of Centerport Yacht Club Inc and what are their salaries?
The average compensation at Centerport Yacht Club Inc during 2023 was $10,647. There are 120 employees and 11 volunteers at Centerport Yacht Club Inc.
Here are 22 key members and their salaries:
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- Other: $27,020
Official website here: www.centerport-yc.org
Where can I find the form 990 for Centerport Yacht Club Inc?
Centerport Yacht Club Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.centerport-yc.org
Learn more at the official website: www.centerport-yc.org
Mission Statement of Centerport Yacht Club Inc
Centerport Yacht Club, a nonprofit organization, is dedicated to fostering the love for yachting and enhancing the skills of its members in navigation and boat handling. The club's mission extends beyond just promoting yachting; it also aims to provide suitable facilities for boating and entertainment for its members. Furthermore, Centerport Yacht Club encourages social interaction among its members, fostering a sense of community within its ranks. The organization also offers tax-exempt club activities to its members, further enriching their yachting experience.
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Impact
October, 2024
Centerport Yacht Club Inc significantly impacts the local community by fostering a love for yachting and enhancing boating skills among its members. Through its various programs and activities, the club encourages members to engage in the sport of yachting, while also providing essential training in navigation and boat handling.
The club offers a range of facilities that cater to boating enthusiasts, facilitating both recreational and social interactions. This environment promotes camaraderie among members, creating a vibrant community centered around shared interests in boating and marine activities. The emphasis on social intercourse also strengthens local connections, contributing to a cohesive community atmosphere.
By hosting events and activities, the Centerport Yacht Club not only engages its members but also heightens awareness and appreciation for boating within the broader community in Centerport, NY.
This information is meant to be a general summary of Centerport 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: $53,487
- Program Service Revenue: $1,591,887
- Gross Receipts: $3,027,074
Assets and Liabilities:
- Total Assets: $4,212,154
- Total Liabilities: $1,068,902
- Net Assets: $3,143,252
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,217,633
CAPITAL ASSESSMENTS
Revenue
$283,140
INITIATION FEES
Revenue
$91,114
Organization Details
Founding Year
1947
Principal Officer
William Demilt
Website
www.centerport-yc.orgNTEE Category
Code: N50 - Recreation
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