Sag Harbor Yacht Club Ny Inc

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

EIN: 111767068 ✦ Sag harbor, NY ✦ Designated as a 501(c)(7)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

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.


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

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:


Roger A Lew (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virginia Bennett (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Frost (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Novak (Fleet Captai)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Camerino (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theodore Van Erk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles W Frye (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Brennan (Treas/Rear C)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Downes (Vice Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
George D Hugel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Heine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
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.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

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.

Revenue
$639,843 (2023)
Expenses
$340,286 (2023)
Efficiency

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

Want to help this charity, for free? You can click here to learn more about Give Freely

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

If you are a representative of Sag Harbor Yacht Club Ny Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.