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Huguenot Yacht Club

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

EIN: 131713046 ✦ New rochelle, NY ✦ Designated as a 501(c)(7)

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Overview

What is Huguenot Yacht Club?

Huguenot Yacht Club is a nonprofit organization, specifically categorized as a recreational, pleasure, or social club. The primary focus of this club is to manage and operate a marina, providing a hub for yacht enthusiasts. In addition to marina services, Huguenot Yacht Club offers social activities for its members, fostering a sense of community among its members. The club also includes dining facilities, creating a social atmosphere for its members to enjoy.

Is Huguenot Yacht Club legitimate?

Huguenot Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Huguenot 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: $357,819

For more financial information, click here

What is the mission statement of Huguenot Yacht Club?

The Huguenot Yacht Club, functioning as a recreational, pleasure, or social club, fulfills its mission by owning and managing a marina, providing a platform for its members to engage in social activities. The club offers dining facilities and marina services within its operations. It serves as a community where members can partake in various social events, fostering a sense of camaraderie and shared experiences.

Who is the CEO of Huguenot Yacht Club?

W Scherer is the Vice Commodore of Huguenot Yacht Club.

What is the revenue of Huguenot Yacht Club?

Huguenot Yacht Club's revenue in 2022 was $1,312,150.

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

The average compensation at Huguenot Yacht Club during 2022 was $7,952. There are 45 employees at Huguenot Yacht Club.


Here are 5 key members and their salaries:


David Newmark (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Scherer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Barnard (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles A Taus (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Gould (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Huguenot Yacht Club?

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

Mission Statement of Huguenot Yacht Club

The Huguenot Yacht Club, a distinguished entity within the realm of recreational, pleasure, or social clubs, fulfills its mission by owning and operating a marina. This marina serves as a hub of social activities, catering to the needs and interests of its members. Beyond providing a safe harbor for boats, the club offers additional amenities such as dining facilities, fostering a sense of community among its members. The Huguenot Yacht Club's mission is centered around creating an environment where members can engage in social activities, enhancing their leisure time and fostering camaraderie.

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Impact




October, 2024

Huguenot Yacht Club significantly enhances the recreational landscape of New Rochelle, NY, by owning and operating a marina that serves as a vibrant social hub for its members. The club provides not only essential marina services but also a variety of social activities that foster community engagement and connection among its members.

Through its dining facilities and organized events, Huguenot Yacht Club cultivates a sense of camaraderie and community among boating enthusiasts. This impacts local social dynamics by creating opportunities for networking, friendships, and shared experiences in a picturesque waterfront setting. Additionally, the club contributes to the local economy by attracting visitors and boating enthusiasts, which can benefit surrounding businesses and services.

By facilitating leisure activities and creating a welcoming atmosphere for members and their families, Huguenot Yacht Club plays a crucial role in enhancing the quality of life in the region, promoting recreation, and enriching the cultural fabric of New Rochelle.




This information is meant to be a general summary of Huguenot 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
$1,312,150 (2022)
Expenses
$1,233,424 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11,499
  • Program Service Revenue: $1,088,843
  • Gross Receipts: $1,369,353

Assets and Liabilities:

  • Total Assets: $3,254,781
  • Total Liabilities: $395,658
  • Net Assets: $2,859,123

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Programs

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

YACHTING & RELATED ACT

Revenue

$692,797

MEMBERSHIP DUES

Revenue

$331,329

OTHER MEMBER ACTIVITIE

Revenue

$64,717

Organization Details

Founding Year

1895

Principal Officer

W Scherer

Main Address

HARBOR LANE, NEW ROCHELLE, NY, 10805

NTEE Category

Code: N50 - Recreation

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