Arrow Yacht Club Of New York Inc

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

EIN: 116038060 ✦ College point, NY ✦ Designated as a 501(c)(7)

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Overview

What is Arrow Yacht Club Of New York Inc?

Arrow Yacht Club of New York Inc is a nonprofit organization primarily dedicated to the operation and maintenance of its Yacht Club and associated dock facilities. The club offers its membership a space to engage in yachting activities and utilization of the dock facilities. The description suggests that the organization's primary focus is on providing these amenities for its members. However, specific details about the club's additional programs, initiatives, or community involvement are not provided in the information array.

Is Arrow Yacht Club Of New York Inc legitimate?

Arrow Yacht Club Of New York Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Arrow Yacht Club Of New York Inc submitted a form 990EZ, 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.

What is the mission statement of Arrow Yacht Club Of New York Inc?

The mission of Arrow Yacht Club of New York Inc. primarily focuses on the operation and maintenance of its yacht club and dock facilities. This esteemed institution serves as a hub for its members, offering access to yachts and docking facilities. While the provided information is brief, it suggests that the club's primary purpose is to ensure the smooth functioning and upkeep of its facilities, catering to the needs of its member yacht owners.

Who is the CEO of Arrow Yacht Club Of New York Inc?

Paul Leonardo is the Board Chairman of Arrow Yacht Club Of New York Inc.

What is the revenue of Arrow Yacht Club Of New York Inc?

Arrow Yacht Club Of New York Inc's revenue in 2022 was $113,499.

Who are the executives of Arrow Yacht Club Of New York Inc and what are their salaries?


Here are 2 key members and their salaries:


Paul Leonardo (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eduardo Guzman (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Arrow Yacht Club Of New York Inc?

Arrow Yacht Club Of New York Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Arrow Yacht Club Of New York Inc

Arrow Yacht Club of New York Inc is dedicated to the operation and maintenance of its Yacht Club and dock facilities. The organization serves as a hub for yacht club members, providing them with access to yacht and dock facilities. While the mission description provided is brief, it suggests that the club is committed to ensuring the smooth operation and upkeep of its facilities, providing a conducive environment for its members to enjoy their yachting activities. The focus on both yacht and dock facilities indicates a comprehensive approach to catering to its members' needs, encompassing both watercraft and the necessary infrastructure.

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Impact




October, 2024

Arrow Yacht Club of New York Inc significantly contributes to the local community by providing well-maintained yacht club and dock facilities. It serves as a recreational hub for boating enthusiasts, fostering a sense of camaraderie and community among its members. The club enhances the area's nautical culture, offering a space for both leisure and social interactions while promoting boating activities. By maintaining these facilities, the club supports various recreational events, encourages water sports, and helps to instill a love for maritime activities among its members and their families in College Point, NY. Through its operations, Arrow Yacht Club enriches the community by creating opportunities for engagement, education, and enjoyment in the realm of boating and watercraft.




This information is meant to be a general summary of Arrow Yacht Club Of New York 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
$113,499 (2022)
Expenses
$127,847 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $113,499

Assets and Liabilities:

  • Total Assets: $41,196
  • Total Liabilities: $0
  • Net Assets: $41,196

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Organization Details

Principal Officer

Paul Leonardo

Main Address

22-04 119TH STREET, College Point, NY, 11356

NTEE Category

Code: N50 - Recreation

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