Overview
What is Southampton Yacht Club Inc?
Southampton Yacht Club Inc, located in New York, is a nonprofit organization primarily dedicated to the promotion of sailing and yachting. Established at PO Box 833, Southampton, the club offers its members various facilities such as boat dockage, slips, and sailing lessons. The club's mission is to foster an interest in the science of seamanship and navigation, encouraging participants to engage in these activities. With a dedicated workforce of 14 individuals, Southampton Yacht Club Inc strives to uphold the spirit of sailing and yachting, providing a supportive environment for its members to hone their skills.
Is Southampton Yacht Club Inc legitimate?
Southampton Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Southampton 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: $65,825
For more financial information, click here
What is the mission statement of Southampton Yacht Club Inc?
The Southampton Yacht Club Inc's mission is centered around fostering the love for sailing and yachting, while also promoting the intricacies of seamanship and navigation. The club's primary objective is to encourage these activities, serving as a platform for its members. To achieve this, the club offers various resources, such as boat dockage, slips, and sailing lessons. By doing so, it aims to cultivate a deeper understanding and appreciation for these marine-based pursuits.
Who is the CEO of Southampton Yacht Club Inc?
Craig Ruhling is the Treasurer of Southampton Yacht Club Inc.
What is the revenue of Southampton Yacht Club Inc?
Southampton Yacht Club Inc's revenue in 2022 was $285,179.
Who are the executives of Southampton Yacht Club Inc and what are their salaries?
The average compensation at Southampton Yacht Club Inc during 2022 was $4,702. There are 14 employees at Southampton Yacht Club Inc.
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Where can I find the form 990 for Southampton Yacht Club Inc?
Southampton Yacht Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Southampton Yacht Club Inc
Southampton Yacht Club Inc, as a nonprofit organization, is committed to fostering an interest in sailing and yachting. Their primary mission is to promote the science of seamanship and navigation, encouraging individuals to engage in these marine activities. By doing so, they aim to contribute to the development of essential skills related to sailing and navigational techniques. The club provides its members with valuable resources such as boat dockage, slips, and sailing lessons, thereby facilitating their participation in these water-based activities. Through these offerings, Southampton Yacht Club Inc seeks to cultivate a passion for sailing and yachting among its members and contribute to the broader sailing community.
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Impact
October, 2024
Southampton Yacht Club Inc significantly enhances the local community by fostering a passion for sailing and yachting among its members. By providing essential resources such as boat dockage, slips, and sailing lessons, the club promotes engagement with maritime activities, encouraging individuals of all ages to develop their skills in seamanship and navigation. This commitment not only cultivates a love for water sports but also contributes to the local economy and tourism by attracting sailing enthusiasts to the Southampton area. The club's activities foster community spirit, camaraderie, and a deeper appreciation for the natural environment, ultimately enriching the lives of those involved.
This information is meant to be a general summary of Southampton 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: $2
- Program Service Revenue: $285,098
- Gross Receipts: $285,179
Assets and Liabilities:
- Total Assets: $436,681
- Total Liabilities: $262,414
- Net Assets: $174,267
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOATING AND SAILING
Revenue
$119,673
Membership Dues & Assessments
Revenue
$165,425
Organization Details
Founding Year
1938
Phone
(631) 283-9888Principal Officer
Craig Ruhling
Main Address
PO BOX 833, SOUTHAMPTON, NY, 11969
NTEE Category
Code: N50 - Recreation
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