Overview
What is Smithtown Bay Yacht Club?
The Smithtown Bay Yacht Club is a private membership organization, situated in a marina. Its primary purpose is to offer a secure and enjoyable boating experience to its members. As a nonprofit, the club provides a platform for its members to indulge in their passion for boating, ensuring their time spent on the water is pleasurable.
Official website here: www.smithtownbayyachtclub.com
Is Smithtown Bay Yacht Club legitimate?
Smithtown Bay Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Smithtown Bay Yacht Club 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: $94,964
For more financial information, click here
Official website here: www.smithtownbayyachtclub.com
What is the mission statement of Smithtown Bay Yacht Club?
The Smithtown Bay Yacht Club operates as a private membership entity, dedicated to offering a secure and enjoyable boating experience. Its mission revolves around providing a yacht club and marina that caters to the recreational boating needs of its members, ensuring a pleasurable boating experience. The club is committed to maintaining a safe environment for its members, thereby promoting an enjoyable boating lifestyle.
Official website here: www.smithtownbayyachtclub.com
What is the revenue of Smithtown Bay Yacht Club?
Smithtown Bay Yacht Club's revenue in 2024 was $524,757.
Official website here: www.smithtownbayyachtclub.com
Who are the executives of Smithtown Bay Yacht Club and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.smithtownbayyachtclub.com
Where can I find the form 990 for Smithtown Bay Yacht Club?
Smithtown Bay Yacht Club's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.smithtownbayyachtclub.com
Learn more at the official website: www.smithtownbayyachtclub.com
Mission Statement of Smithtown Bay Yacht Club
Smithtown Bay Yacht Club, as a private membership organization, is dedicated to providing a secure and enjoyable boating experience. Their mission revolves around offering a yacht club and marina that cater to the boating needs of its members, ensuring a pleasurable boating experience. They strive to create an environment where members can safely navigate the waters, fostering a sense of camaraderie and leisure.
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Impact
October, 2024
Smithtown Bay Yacht Club significantly enhances the local community by providing a safe and enjoyable environment for boating enthusiasts. Its private membership yacht club and marina serve as a hub for recreational activities, fostering camaraderie among members and promoting a love for boating. The club creates opportunities for members to connect with one another, share experiences, and develop lifelong friendships, while also supporting local events and activities that enrich the community. Additionally, the availability of a safe marina encourages responsible boating practices and environmental stewardship among its members, further benefiting the surrounding ecosystem. Overall, the Smithtown Bay Yacht Club plays a vital role in enhancing recreational boating and community engagement in Smithtown, NY.
This information is meant to be a general summary of Smithtown Bay Yacht Club. 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 2024.
- Investment Income: $10,028
- Program Service Revenue: $514,729
- Gross Receipts: $524,757
Assets and Liabilities:
- Total Assets: $696,140
- Total Liabilities: $14,706
- Net Assets: $681,434
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Bar Sales
Revenue
$95,079
Dues
Revenue
$237,680
Marina Fees
Revenue
$69,179
Member Chits
Revenue
$85,976
Member Events
Revenue
$20,221
Organization Details
Founding Year
1953
Principal Officer
Timothy Clemens
NTEE Category
Code: N50 - Recreation
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