Poughkeepsie Yacht Club Inc

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

EIN: 141391738 ✦ Hyde park, NY ✦ Designated as a 501(c)(7)

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Overview

What is Poughkeepsie Yacht Club Inc?

Poughkeepsie Yacht Club Inc is a nonprofit organization specializing in recreational boating activities. Situated within its membership, the club offers exclusive access to boating facilities, a clubhouse, dockage, and storage areas. With approximately 200 active, social, and honorary members, Poughkeepsie Yacht Club fosters a sense of community by issuing a monthly in-house newsletter. The club's primary focus lies in promoting recreational boating experiences for its members.


Official website here: www.poughkeepsieyachtclub.org

Is Poughkeepsie Yacht Club Inc legitimate?

Poughkeepsie Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Poughkeepsie Yacht Club Inc 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: $31,506

For more financial information, click here


Official website here: www.poughkeepsieyachtclub.org

What is the mission statement of Poughkeepsie Yacht Club Inc?

Poughkeepsie Yacht Club Inc serves as a recreational boating facility, offering its members exclusive access to boats, clubhouses, dockage, and storage facilities. With approximately 200 active and honorary members, the club keeps its members informed through a monthly in-house newsletter. The primary focus of Poughkeepsie Yacht Club Inc is to provide a space for members to enjoy boating activities, fostering a sense of community within its membership.


Official website here: www.poughkeepsieyachtclub.org

What is the revenue of Poughkeepsie Yacht Club Inc?

Poughkeepsie Yacht Club Inc's revenue in 2023 was $210,995.


Official website here: www.poughkeepsieyachtclub.org

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

The average compensation at Poughkeepsie Yacht Club Inc during 2023 was $31,506. There is 1 employee and 113 volunteers at Poughkeepsie Yacht Club Inc.

Here are 13 key members and their salaries:


Bob Schmitt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Stirzel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Ireland (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Boryk (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Boryk (Finance Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Kane (Rec. Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Pryor (Fin. Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Capel (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Giglio (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Lombardozzi (Fleet Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Jones (House Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Muriel (Bar Chairm)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Capra (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.poughkeepsieyachtclub.org

Where can I find the form 990 for Poughkeepsie Yacht Club Inc?

Poughkeepsie Yacht Club Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.poughkeepsieyachtclub.org

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

Mission Statement of Poughkeepsie Yacht Club Inc

Poughkeepsie Yacht Club Inc serves as a recreational boating facility, offering a variety of amenities for its 200 active and honorary members. The club's primary mission is to provide access to boats, a clubhouse, dockage, and storage facilities, all exclusively for the use of its members. The organization takes pride in issuing a monthly newsletter to keep its membership informed and engaged. In essence, Poughkeepsie Yacht Club Inc is dedicated to fostering a community of boat enthusiasts, offering them a space to enjoy their shared passion and build camaraderie.

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Impact




October, 2024

Poughkeepsie Yacht Club Inc significantly enhances the recreational boating experience for its members in Hyde Park, NY. By offering exclusive access to a well-maintained boating facility, the club facilitates a vibrant community for approximately 200 active, social, and honorary members. It provides essential amenities, including clubhouse facilities, dockage, and storage, all tailored for member use. This focus on recreational boating fosters camaraderie among members, promotes outdoor activities, and encourages the appreciation of local waterways. The monthly in-house newsletter keeps members informed and engaged, further strengthening the community bond and ensuring that members can enjoy and share their passion for boating. In this way, Poughkeepsie Yacht Club Inc plays a pivotal role in enriching the local recreational landscape, contributing to both individual well-being and community engagement.




This information is meant to be a general summary of Poughkeepsie Yacht Club 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
$210,995 (2023)
Expenses
$213,339 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $715
  • Program Service Revenue: $81,524
  • Gross Receipts: $210,995

Assets and Liabilities:

  • Total Assets: $331,558
  • Total Liabilities: $0
  • Net Assets: $331,558

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Programs

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

DOCKAGE & MOORINGS

Revenue

$37,520

HAUL, STORE & LAUNCH

Revenue

$39,240

SUMMER STORAGE

Revenue

$4,764

Organization Details

Founding Year

1893

Principal Officer

Bob Schmitt

NTEE Category

Code: N50 - Recreation

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