Westhampton Yacht Squadron Ltd

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

EIN: 112136804 ✦ Remsenburg, NY ✦ Designated as a 501(c)(7)

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Overview

What is Westhampton Yacht Squadron Ltd?

Westhampton Yacht Squadron Ltd is a nonprofit organization devoted to promoting sailing and sailing competitions. They achieve this goal by offering lessons, hosting races and regattas, and organizing various sailing programs. The club also encourages social interaction among its members by hosting yacht club events. Beyond sailing, Westhampton Yacht Squadron Ltd serves as a platform for members to engage in a wide range of activities, contributing to an overall enriching experience.


Official website here: www.yachtsquadron.com

Is Westhampton Yacht Squadron Ltd legitimate?

Westhampton Yacht Squadron Ltd is a legitimate nonprofit organization registered as a 501(c)(7) entity. Westhampton Yacht Squadron Ltd 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: $507,292

For more financial information, click here


Official website here: www.yachtsquadron.com

What is the mission statement of Westhampton Yacht Squadron Ltd?

The Westhampton Yacht Squadron Ltd is dedicated to promoting sailing activities and competitions. The organization sponsors various races and regattas, serving as a platform for sailing enthusiasts. Furthermore, the club offers lessons to its members, aiming to enhance their sailing skills. Beyond sailing, the Westhampton Yacht Squadron Ltd also organizes social events and programs that cater to the broader yacht club community. In essence, the club fosters a love for sailing and provides opportunities for its members to engage in competitive and recreational sailing events.


Official website here: www.yachtsquadron.com

Who is the CEO of Westhampton Yacht Squadron Ltd?

Michael Strebel is the Director of Westhampton Yacht Squadron Ltd.


Official website here: www.yachtsquadron.com

What is the revenue of Westhampton Yacht Squadron Ltd?

Westhampton Yacht Squadron Ltd's revenue in 2022 was $1,014,723.


Official website here: www.yachtsquadron.com

Who are the executives of Westhampton Yacht Squadron Ltd and what are their salaries?

The average compensation at Westhampton Yacht Squadron Ltd during 2022 was $8,598. There are 59 employees at Westhampton Yacht Squadron Ltd.


Here are 15 key members and their salaries:


Timothy Feil (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Hulme (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Pomroy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aram Terchunian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Smyth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Trustcott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Skeris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matson Hard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Kisla (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Roney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Strebel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy Ann Jayne (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Hale (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Schultz (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sundy Schermeyer (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.yachtsquadron.com

Where can I find the form 990 for Westhampton Yacht Squadron Ltd?

Westhampton Yacht Squadron Ltd's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.yachtsquadron.com

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

Mission Statement of Westhampton Yacht Squadron Ltd

Westhampton Yacht Squadron Ltd, as a yacht club, is dedicated to promoting sailing and sailing competitions. This organization sponsors various races and regattas, providing an opportunity for its members to participate in sailing events. Beyond sailing, Westhampton Yacht Squadron Ltd offers lessons to its members, fostering a learning environment for those interested in the sport. Moreover, the club serves as a social organization, encouraging participation in sailing programs and hosting other yacht club events.

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Impact




October, 2024

Westhampton Yacht Squadron Ltd significantly impacts the local community by fostering a love for sailing and promoting water-based recreation. Through its comprehensive sailing programs that include lessons, races, and regattas, the organization cultivates both skill development and competitive spirit among participants. By sponsoring races and hosting regattas, it not only highlights the sport but also brings the community together for vibrant and engaging events.

The club also emphasizes social engagement, encouraging members to participate in various yacht club activities that strengthen connections among sailing enthusiasts. This dual focus on skill-building and social interaction contributes to a sense of community and belonging, enhancing the overall recreational experience. Through these initiatives, Westhampton Yacht Squadron Ltd plays a crucial role in promoting sailing as an enriching and lifelong activity in Remsenburg, NY.




This information is meant to be a general summary of Westhampton Yacht Squadron Ltd. 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
$1,014,723 (2022)
Expenses
$963,520 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,455
  • Program Service Revenue: $217,123
  • Gross Receipts: $1,212,831

Assets and Liabilities:

  • Total Assets: $2,674,691
  • Total Liabilities: $0
  • Net Assets: $2,674,691

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Programs

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

LESSONS

Revenue

$217,123

Organization Details

Founding Year

1905

Principal Officer

Michael Strebel

Main Address

PO BOX 315, REMSENBURG, NY, 119600315

NTEE Category

Code: N50 - Recreation

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