Overview
What is Southold Yacht Club Inc?
Southold Yacht Club Inc, based in the heart of Southold, New York, serves as a nonprofit organization with a mission to make sailing an affordable and accessible activity for the North Fork community. With a strong commitment to keeping membership fees and sailing school tuition low, the club aims to foster a love for sailing within the community. The organization, home to a team of 23 dedicated individuals, provides an invaluable service, promoting sailing as a recreational activity and ensuring it remains within reach for local residents.
Official website here: www.southoldyachtclub.com
Is Southold Yacht Club Inc legitimate?
Southold Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southold 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: $69,775
For more financial information, click here
Official website here: www.southoldyachtclub.com
What is the mission statement of Southold Yacht Club Inc?
The mission of Southold Yacht Club Inc is centered around making sailing an affordable and accessible activity within the community. They achieve this by maintaining reasonably priced membership dues and offering affordable tuition fees for their sailing school. This initiative enables individuals from the community to participate in sailing, broadening their horizons and fostering a sense of camaraderie.
Official website here: www.southoldyachtclub.com
Who is the CEO of Southold Yacht Club Inc?
Greg Young is the Governor of Southold Yacht Club Inc.
Official website here: www.southoldyachtclub.com
What is the revenue of Southold Yacht Club Inc?
Southold Yacht Club Inc's revenue in 2022 was $229,802.
Official website here: www.southoldyachtclub.com
Who are the executives of Southold Yacht Club Inc and what are their salaries?
The average compensation at Southold Yacht Club Inc during 2022 was $3,034. There are 23 employees at Southold Yacht Club Inc.
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Official website here: www.southoldyachtclub.com
Where can I find the form 990 for Southold Yacht Club Inc?
Southold Yacht Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.southoldyachtclub.com
Learn more at the official website: www.southoldyachtclub.com
Mission Statement of Southold Yacht Club Inc
Southold Yacht Club Inc, with a mission deeply rooted in community service, strives to make sailing an affordable and accessible recreational activity for the North Fork community. The organization achieves this goal by keeping its membership dues and sailing school tuition at affordable prices. This commitment allows individuals from the North Fork community to enjoy the sport of sailing without the burden of excessively high costs. By making sailing a viable option for the community, Southold Yacht Club Inc contributes to fostering a sense of camaraderie and shared enjoyment among its members. The club's mission serves to bridge the gap between sailing and the wider community, ensuring that the joy of sailing remains within reach for all.
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Impact
October, 2024
Southold Yacht Club Inc significantly enhances the North Fork community by promoting sailing as an accessible recreational activity. By maintaining affordable dues and low tuition for sailing lessons, the club removes financial barriers, allowing more individuals and families to participate in sailing, an experience that fosters a connection to the water and encourages outdoor activity. This initiative not only nurtures a love for sailing but also cultivates community spirit, facilitates social interactions, and helps develop valuable skills such as teamwork and leadership. Through its efforts, Southold Yacht Club Inc plays a vital role in creating a vibrant, engaged community that appreciates the beauty and joy of sailing.
This information is meant to be a general summary of Southold 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 2022.
- Investment Income: $72
- Program Service Revenue: $165,820
- Gross Receipts: $229,802
Assets and Liabilities:
- Total Assets: $306,690
- Total Liabilities: $0
- Net Assets: $306,690
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$146,695
COMMODORES DINNER
Revenue
$17,490
TIE DYE NIGHT
Revenue
$1,635
Organization Details
Founding Year
1938
Phone
(631) 765-5629Principal Officer
Greg Young
Main Address
PO BOX 546, SOUTHOLD, NY, 11971
Website
www.southoldyachtclub.comNTEE Category
Code: Z99 - Unknown
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