Overview
What is Sag Harbor Yacht Club Ny Inc?
Sag Harbor Yacht Club Ny Inc, located in Sag Harbor, New York, is a nonprofit organization dedicated to fostering an interest in yachting and other aquatic sports among its members. The primary source of revenue for this organization is derived from membership fees, activities, and the use of its facilities. The club's mission is to provide a platform for social interaction among its members, promoting an enjoyable aquatic experience. The details provided do not contain information on the reach or size of the organization, nor any specific programs or initiatives it may have.
Is Sag Harbor Yacht Club Ny Inc legitimate?
Sag Harbor Yacht Club Ny Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Sag Harbor Yacht Club Ny 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.
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What is the mission statement of Sag Harbor Yacht Club Ny Inc?
The mission of Sag Harbor Yacht Club Ny Inc, as stated, is centered around fostering an interest in yachting and various aquatic sports among its members. This organization also emphasizes the importance of social interaction among its members. In essence, it strives to create an environment that encourages participation in water sports and promotes camaraderie among its members. Revenue is generated through membership activities, membership dues, and fees for the use of facilities.
Who is the CEO of Sag Harbor Yacht Club Ny Inc?
Steven Brennan is the Director of Sag Harbor Yacht Club Ny Inc.
What is the revenue of Sag Harbor Yacht Club Ny Inc?
Sag Harbor Yacht Club Ny Inc's revenue in 2023 was $639,843.
Who are the executives of Sag Harbor Yacht Club Ny Inc and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990 for Sag Harbor Yacht Club Ny Inc?
Sag Harbor Yacht Club Ny Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Sag Harbor Yacht Club Ny Inc
Sag Harbor Yacht Club Ny Inc, a nonprofit organization, is dedicated to fostering an interest in yachting and various aquatic sports among its members. The club's primary mission is to encourage social interaction among its members, creating a community that shares a passion for the water. By generating revenue through membership activities, dues, and fees for using their facilities, Sag Harbor Yacht Club Ny Inc provides an engaging environment where members can engage in their shared interests. The club's mission is not just about promoting yachting and water sports, but also about creating a strong, inclusive community where members can connect and enjoy shared experiences.
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Impact
October, 2024
Sag Harbor Yacht Club NY Inc plays a significant role in fostering a vibrant community centered around yachting and aquatic sports. By providing a platform for its members to engage in various water-related activities, the club promotes both physical wellness and social interaction. The revenue generated through membership activities, dues, and facility usage supports a range of programs that enhance the member experience and maintain the club's facilities.
The club's commitment to promoting yachting and aquatic sports not only enriches the lives of its members but also contributes to the broader recreational culture of Sag Harbor. It serves as a hub where individuals can connect, share experiences, and develop a deeper appreciation for marine activities, ultimately bolstering community ties and enhancing the local economy through increased participation in water sports and events. Additionally, the promotion of social interaction among members fosters a sense of belonging and community cohesion, contributing positively to the quality of life in the region.
This information is meant to be a general summary of Sag Harbor Yacht Club Ny 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: $11,834
- Program Service Revenue: $625,509
- Gross Receipts: $639,843
Assets and Liabilities:
- Total Assets: $4,805,524
- Total Liabilities: $6,802
- Net Assets: $4,798,722
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DOCKAGE & BERTHS
Revenue
$434,149
UTILITIES
Revenue
$84,392
GAS AND DIESEL
Revenue
$50,254
DUES
Revenue
$38,000
CRUISE
Revenue
$16,500
Organization Details
Principal Officer
Steven Brennan
Main Address
P O BOX 1988, SAG HARBOR, NY, 11963
NTEE Category
Code: N50 - Recreation
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