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New York Harbor Sailing Foundation Inc C/O Manhattan Yacht Club

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

EIN: 133753257 ✦ Jersey city, NJ ✦ Designated as a 501(c)(3)

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Overview

What is New York Harbor Sailing Foundation Inc C/O Manhattan Yacht Club?

New York Harbor Sailing Foundation Inc, affiliated with Manhattan Yacht Club, is a nonprofit organization situated in Jersey City, New Jersey. With a focus on amateur sailing, they operate a youth training program named Operation Optimist, utilizing internationally recognized Optimist class dinghies. This program serves approximately 25 youth each week, with many participating for multiple sessions. In 2020, a total of 250 young individuals participated in the program. The Foundation's mission is to foster sailing of national and international significance in the New York Harbor area, contributing positively to the local community. They employ a small team of four individuals to carry out their mission.


Official website here: www.nyharborsailing.com

Is New York Harbor Sailing Foundation Inc C/O Manhattan Yacht Club legitimate?

New York Harbor Sailing Foundation Inc C/O Manhattan Yacht Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York Harbor Sailing Foundation Inc C/O Manhattan 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: $26,740

For more financial information, click here


Official website here: www.nyharborsailing.com

What is the mission statement of New York Harbor Sailing Foundation Inc C/O Manhattan Yacht Club?

The New York Harbor Sailing Foundation Inc, operating under the Manhattan Yacht Club, is committed to fostering amateur sailing of national and international significance. Their primary objective is to promote sailing activities in New York Harbor. One of their notable programs is Operation Optimist, a ten-week youth training initiative utilizing internationally recognized Optimist Class dinghies. This program serves around 25 youth each week, with many returning for multiple sessions. In 2020, a total of 250 participants took part in this program.


Official website here: www.nyharborsailing.com

Who is the CEO of New York Harbor Sailing Foundation Inc C/O Manhattan Yacht Club?

Michael Fortenbaugh is the President of New York Harbor Sailing Foundation Inc C/O Manhattan Yacht Club.


Official website here: www.nyharborsailing.com

What is the revenue of New York Harbor Sailing Foundation Inc C/O Manhattan Yacht Club?

New York Harbor Sailing Foundation Inc C/O Manhattan Yacht Club's revenue in 2020 was $125,454.


Official website here: www.nyharborsailing.com

Who are the executives of New York Harbor Sailing Foundation Inc C/O Manhattan Yacht Club and what are their salaries?

The average compensation at New York Harbor Sailing Foundation Inc C/O Manhattan Yacht Club during 2020 was $6,685. There are 4 employees at New York Harbor Sailing Foundation Inc C/O Manhattan Yacht Club.


Here are 4 key members and their salaries:


Michael Fortenbaugh (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Duran (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Cavanaugh (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Curtis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nyharborsailing.com

Where can I find the form 990 for New York Harbor Sailing Foundation Inc C/O Manhattan Yacht Club?

New York Harbor Sailing Foundation Inc C/O Manhattan Yacht Club's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.nyharborsailing.com

Learn more at the official website: www.nyharborsailing.com

Mission Statement of New York Harbor Sailing Foundation Inc C/O Manhattan Yacht Club

New York Harbor Sailing Foundation Inc C/O Manhattan Yacht Club is dedicated to enhancing the amateur sailing experience of both national and international significance within New York Harbor. Their mission is to foster this passion, utilizing internationally recognized Optimist class dinghies in a comprehensive training program. This initiative, known as Operation Optimist, serves approximately 25 youth each week, with many returning for multiple sessions. In 2020, a total of 250 young sailors participated in this program, showcasing the foundation's commitment to nurturing the next generation of sailors. By providing this opportunity, the New York Harbor Sailing Foundation Inc C/O Manhattan Yacht Club contributes to the development of sailing skills and fosters a love for the sport in the youth of their community.

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Impact




October, 2024

The New York Harbor Sailing Foundation Inc, operating through the Manhattan Yacht Club, fosters amateur sailing in New York Harbor, enhancing the recreational landscape of the area. Through its Operation Optimist program, it offers a youth training initiative that utilizes internationally recognized Optimist class dinghies to introduce young people to the joys of sailing. This 10-week program serves up to 25 youth each week, giving participants a chance to engage with sailing in a supportive environment. In 2020 alone, the program successfully reached a total of 250 youth, providing them with valuable skills, confidence, and a connection to the water. This initiative not only promotes physical activity and teamwork but also deepens the community's appreciation for sailing and maritime traditions, nurturing the next generation of sailors in a significant national and international harbor.




This information is meant to be a general summary of New York Harbor Sailing Foundation Inc C/O Manhattan 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
$125,454 (2020)
Expenses
$217,452 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $9
  • Program Service Revenue: $50,945
  • Gross Receipts: $125,454

Assets and Liabilities:

  • Total Assets: $257,721
  • Total Liabilities: $0
  • Net Assets: $257,721

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Programs

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

OPERATION OPTIMIST & T

Revenue

$49,876

US 46 12M PROGRAM

Revenue

$1,069

Organization Details

Founding Year

1993

Principal Officer

Michael Fortenbaugh

Main Address

140 DUDLEY STREET, JERSEY CITY, NJ, 07302

NTEE Category

Code: N67 - Recreation

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