Woodmere Bay Yacht Club Inc

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

EIN: 111798897 ✦ East rockaway, NY ✦ Designated as a 501(c)(7)

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Overview

What is Woodmere Bay Yacht Club Inc?

Woodmere Bay Yacht Club Inc is a nonprofit organization, as stated in the provided information. Its primary mission is to facilitate the sharing of expenses related to a yacht club and offer social activities for its members. This club serves as a communal space for its members, providing a platform for them to engage in shared experiences and activities. The exact location or number of employees for this organization is not provided in the data.

Is Woodmere Bay Yacht Club Inc legitimate?

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

For more financial information, click here

What is the mission statement of Woodmere Bay Yacht Club Inc?

Woodmere Bay Yacht Club Inc's mission is centered around two main objectives. Firstly, it aims to share the financial burdens associated with operating a yacht club. Secondly, the organization provides a platform for its members to engage in social activities. By fulfilling these objectives, the club fosters a sense of community among its members.

Who is the CEO of Woodmere Bay Yacht Club Inc?

Randy Gitli is the Secretary of Woodmere Bay Yacht Club Inc.

What is the revenue of Woodmere Bay Yacht Club Inc?

Woodmere Bay Yacht Club Inc's revenue in 2022 was $190,796.

Who are the executives of Woodmere Bay Yacht Club Inc and what are their salaries?

There is 1 employee and 30 volunteers at Woodmere Bay Yacht Club Inc.


Here are 5 key members and their salaries:


Ely Marrero (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Rausch (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Gitli (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Weinstein (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Gross (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Woodmere Bay Yacht Club Inc?

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

Mission Statement of Woodmere Bay Yacht Club Inc

Woodmere Bay Yacht Club Inc is committed to sharing the expenses of a yacht club and providing social activities for its members. This mission allows the organization to foster a sense of community among its members, encouraging camaraderie and shared experiences while reducing individual financial burdens associated with yacht club membership. By offering a variety of social activities, Woodmere Bay Yacht Club Inc enriches the lives of its members and contributes to a positive and enjoyable boating experience.

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Impact




October, 2024

Woodmere Bay Yacht Club Inc significantly enhances community engagement and recreational opportunities in East Rockaway, NY. By providing a space for members to share expenses related to yacht club activities, the organization fosters a sense of camaraderie and community among boat enthusiasts.

Through its focus on social activities, the club promotes a vibrant social scene, allowing members to connect, share experiences, and build lasting friendships. This environment not only enriches the personal lives of its members but also contributes to the overall vitality of the local community.

By organizing activities that cater to recreational interests, the Yacht Club encourages an active lifestyle and strengthens the bond between its members, making an important impact on both individual well-being and community spirit.




This information is meant to be a general summary of Woodmere Bay 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.

Revenue
$190,796 (2022)
Expenses
$130,774 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $228,662
  • Gross Receipts: $282,662

Assets and Liabilities:

  • Total Assets: $1,071,569
  • Total Liabilities: $454,152
  • Net Assets: $617,417

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Programs

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

MEMBER DUES & ASSESSMENTS

Revenue

$228,662

Organization Details

Principal Officer

Randy Gitli

Main Address

2 COOKE STREET EAST, EAST ROCKAWAY, NY, 11518

NTEE Category

Code: N50 - Recreation

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