Horseshoe Harbor Yacht Club

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

EIN: 131712875 ✦ Larchmont, NY ✦ Designated as a 501(c)(7)

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Overview

What is Horseshoe Harbor Yacht Club?

Horseshoe Harbor Yacht Club is a nonprofit organization situated in Larchmont, New York. Established at PO Box 136, their primary focus lies in the operation of a clubhouse, anchorage facilities, and sailing programs. This nonprofit organization dedicates its efforts to fostering the art of sailing through various programs, including launch services and competitive racing events. With a workforce of 14 individuals, Horseshoe Harbor Yacht Club strives to provide a nurturing environment for sailing enthusiasts, offering them an opportunity to hone their skills and engage in exciting competitions.


Official website here: www.horseshoeharbor.info

Is Horseshoe Harbor Yacht Club legitimate?

Horseshoe Harbor Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Horseshoe Harbor 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: $145,968

For more financial information, click here


Official website here: www.horseshoeharbor.info

What is the mission statement of Horseshoe Harbor Yacht Club?

The Horseshoe Harbor Yacht Club's mission is centered around the operation of its clubhouse and sailing facilities. This includes launch services and organized racing programs, all aimed at promoting and advancing the skill and art of sailing. The club's activities are geared towards fostering an environment where sailors can hone their skills and enjoy the sport. The clubhouse provides a base for these activities, while the launch services ensure easy access to the water for sailing enthusiasts. The racing programs not only serve as a competitive outlet but also contribute to the overall development of sailing skills.


Official website here: www.horseshoeharbor.info

Who is the CEO of Horseshoe Harbor Yacht Club?

Ian Milward is the Secretary of Horseshoe Harbor Yacht Club.


Official website here: www.horseshoeharbor.info

What is the revenue of Horseshoe Harbor Yacht Club?

Horseshoe Harbor Yacht Club's revenue in 2022 was $476,732.


Official website here: www.horseshoeharbor.info

Who are the executives of Horseshoe Harbor Yacht Club and what are their salaries?

The average compensation at Horseshoe Harbor Yacht Club during 2022 was $10,426. There are 14 employees at Horseshoe Harbor Yacht Club.


Here are 8 key members and their salaries:


Jerry Keyes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Michels (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eitan Haber (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Santalone (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Klein (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Kroell (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ian Milward (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blythe Hamer (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.horseshoeharbor.info

Where can I find the form 990 for Horseshoe Harbor Yacht Club?

Horseshoe Harbor Yacht Club's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.horseshoeharbor.info

Learn more at the official website: www.horseshoeharbor.info

Mission Statement of Horseshoe Harbor Yacht Club

Horseshoe Harbor Yacht Club is dedicated to its mission of promoting and advancing the art of sailing. This nonprofit organization achieves this goal through various means, primarily focusing on the operation of a clubhouse, launch services, and racing programs. By managing a clubhouse, Horseshoe Harbor Yacht Club provides a central location for sailors to gather, socialize, and engage in related activities. Moreover, the club offers launch services, enabling sailors to conveniently access the water and set sail. Additionally, Horseshoe Harbor Yacht Club organizes racing programs, providing an opportunity for sailors to hone their skills, compete against one another, and foster a sense of camaraderie within the sailing community.

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Impact




October, 2024

Horseshoe Harbor Yacht Club significantly enhances the local community by fostering a love for sailing and water-based recreation. Through its well-managed clubhouse and comprehensive launch services, the club provides a welcoming environment for both novice sailors and seasoned mariners. The racing programs organized by the club not only promote competitive sailing but also cultivate camaraderie and a sense of community among members.

Situated in Larchmont, NY, the club plays a pivotal role in encouraging youth and adults to engage in sailing, offering structured programs that build skills and confidence on the water. This commitment to the art of sailing contributes to the overall health and vitality of the local recreational landscape, promoting physical fitness, teamwork, and personal development. As a hub for maritime activities, Horseshoe Harbor Yacht Club supports local economic growth by attracting visitors and participants to regional sailing events and competitions.




This information is meant to be a general summary of Horseshoe Harbor 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.

Revenue
$476,732 (2022)
Expenses
$425,423 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $25
  • Program Service Revenue: $347,724
  • Gross Receipts: $476,732

Assets and Liabilities:

  • Total Assets: $464,267
  • Total Liabilities: $1,529
  • Net Assets: $462,738

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Programs

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

Sailing Programs

Revenue

$161,916

Initiation Fees

Revenue

$20,150

Other boating fees

Revenue

$165,658

Organization Details

Founding Year

1991

Principal Officer

Ian Milward

Main Address

PO BOX 136, Larchmont, NY, 10538

NTEE Category

Code: N50 - Recreation

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