Chelsea Yacht Club

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

EIN: 140561195 ✦ Chelsea, NY ✦ Designated as a 501(c)(7)

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Overview

What is Chelsea Yacht Club?

Chelsea Yacht Club is a nonprofit organization located in Chelsea, New York, with a PO Box address. Their primary mission is to foster interest and enhance skills in sailing among both juniors and adults. They aim to assemble a devoted community of sailing enthusiasts and provide support for related programs. With a dedicated workforce of 17 individuals, they strive to encourage and aid youth and adult sailing initiatives.


Official website here: www.chelseayacht.org

What do the Facebook reviews say about Chelsea Yacht Club?

82% of reviewers recommend Chelsea Yacht Club based on their experiences. Here is a summary of their insights:

The club is praised for its vibrant community and diverse activities, including sailing, kayaking, and youth sail camps. Reviewers appreciate the welcoming atmosphere and the opportunities for both education and recreation on the Hudson River. This combination of services and the enthusiastic people involved seems to make a positive impression overall.

Overall, it appears Chelsea Yacht Club effectively engages its members and provides enjoyable recreational options, making it a valued hub for sailing and water activities in the area.


This AI summary has been generated from reviews found on Facebook.

Is Chelsea Yacht Club legitimate?

Chelsea Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Chelsea 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: $6,040
Professional Fundraising Fees: $0
Other Salaries and Wages: $37,311

For more financial information, click here


Official website here: www.chelseayacht.org

What is the mission statement of Chelsea Yacht Club?

The Chelsea Yacht Club's mission is centered around attracting and uniting a committed group of sailing enthusiasts. It further aims to encourage and support both youth and adult sailing programs, with the objective of fostering interest and enhancing sailing skills. The club's activities primarily focus on junior and adult sailing programs, serving as a platform to nurture interest in sailing.


Official website here: www.chelseayacht.org

Who is the CEO of Chelsea Yacht Club?

Mark Maxam is the Commodore of Chelsea Yacht Club.


Official website here: www.chelseayacht.org

What is the revenue of Chelsea Yacht Club?

Chelsea Yacht Club's revenue in 2022 was $295,584.


Official website here: www.chelseayacht.org

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

The average compensation at Chelsea Yacht Club during 2022 was $2,550. There are 17 employees and 188 volunteers at Chelsea Yacht Club.


Here are 17 key members and their salaries:


Mark Maxam (Commodore)
  • Compensation: $2,188
  • Related: $0
  • Other: $485
Michael Pike (Fleet Captai)
  • Compensation: $1,977
  • Related: $0
  • Other: $485
Jeremy Moore (Director Sai)
  • Compensation: $1,875
  • Related: $0
  • Other: $485
Sharon Herring (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $485
Steve Parker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $485
Russell Polo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $485
John Amico (Rc House)
  • Compensation: $0
  • Related: $0
  • Other: $485
Amy Cloutier (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $485
Corinna Deigan (Rc Grounds)
  • Compensation: $0
  • Related: $0
  • Other: $485
Regina Hojnacki (Rc Entertain)
  • Compensation: $0
  • Related: $0
  • Other: $485
Charlie Kirstein (Rc Marina)
  • Compensation: $0
  • Related: $0
  • Other: $485
Chris Kotrotsios (Rc Hauling &)
  • Compensation: $0
  • Related: $0
  • Other: $485
Michael Kraus (Rc Waterfron)
  • Compensation: $0
  • Related: $0
  • Other: $485
Kyle Mcconnell (Rc Boats And)
  • Compensation: $0
  • Related: $0
  • Other: $485
Martin Rosner (Vice Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $485
Wendy Smart (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $485
Michael Colucci (Rc Hauling &)
  • Compensation: $0
  • Related: $0
  • Other: $40


Official website here: www.chelseayacht.org

Where can I find the form 990 for Chelsea Yacht Club?

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


Official website here: www.chelseayacht.org

Learn more at the official website: www.chelseayacht.org

Mission Statement of Chelsea Yacht Club

Chelsea Yacht Club is dedicated to assembling a committed group of sailing enthusiasts and fostering their passion for the sport. Moreover, the organization extends its support to both youth and adult sailing programs, aiming to stimulate interest and enhance skills in sailing. By doing so, Chelsea Yacht Club plays a significant role in fostering a community of sailors and nurturing their talents.

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Impact




October, 2024

Chelsea Yacht Club plays a pivotal role in fostering a vibrant sailing community in Chelsea, NY. By attracting and uniting dedicated sailing members, it creates a supportive environment that deeply engages individuals with a passion for the sport. The club's emphasis on youth and adult sailing programs not only cultivates skills and knowledge but also nurtures enthusiasm for sailing among diverse age groups.

Through its programs, the club encourages newcomers to explore sailing, building confidence and competence on the water. This engagement promotes teamwork, discipline, and a love for the outdoors, while also forging lasting friendships among participants. Overall, Chelsea Yacht Club significantly contributes to the local community by enhancing recreational opportunities, promoting healthy lifestyles, and preserving the nautical heritage of the area.




This information is meant to be a general summary of Chelsea 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
$295,584 (2022)
Expenses
$266,128 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2
  • Program Service Revenue: $195,461
  • Gross Receipts: $307,170

Assets and Liabilities:

  • Total Assets: $381,831
  • Total Liabilities: $28,055
  • Net Assets: $353,776

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Programs

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

HAULING AND STORAGE

Revenue

$60,299

LAUNCH AND MOORING

Revenue

$52,186

YOUTH SAIL

Revenue

$44,150

CLUB EVENTS

Revenue

$19,759

JR/ADULT SAIL PROGRAMS

Revenue

$9,154

Organization Details

Founding Year

1890

Principal Officer

Mark Maxam

Main Address

PO BOX 180, CHELSEA, NY, 12512

NTEE Category

Code: N67 - Recreation

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