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Ithaca Yacht Club

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

EIN: 150349097 ✦ Ithaca, NY ✦ Designated as a 501(c)(7)

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Overview

What is Ithaca Yacht Club?

The Ithaca Yacht Club is a nonprofit organization, established with the purpose of offering access to Cayuga Lake for individual and family enjoyment. This encompasses various recreational, educational, and social activities, fostering a sense of friendship and camaraderie among its members. The club's mission is multifaceted, including both leisurely and educational pursuits on the lake.


Official website here: www.ithacayc.org

Is Ithaca Yacht Club legitimate?

Ithaca Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Ithaca 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: $70,109

For more financial information, click here


Official website here: www.ithacayc.org

What is the mission statement of Ithaca Yacht Club?

The Ithaca Yacht Club's mission is centered around offering access to Cayuga Lake for individuals and families, facilitating various recreational, educational, and social activities. This aim is done with the intention of fostering friendship and camaraderie among its members. The club promotes these activities to enrich its members' experiences and strengthen their connections. While specific details about the activities and initiatives are not provided in the information, it is clear that the Ithaca Yacht Club seeks to create a welcoming and engaging environment for its members.


Official website here: www.ithacayc.org

Who is the CEO of Ithaca Yacht Club?

Judy L Singer is the Commodore of Ithaca Yacht Club.


Official website here: www.ithacayc.org

What is the revenue of Ithaca Yacht Club?

Ithaca Yacht Club's revenue in 2022 was $575,544.


Official website here: www.ithacayc.org

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

The average compensation at Ithaca Yacht Club during 2022 was $3,187. There are 22 employees and 30 volunteers at Ithaca Yacht Club.


Here are 12 key members and their salaries:


John Ford (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Costa Lambrou (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy L Singer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobbi Smith (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Scheupbach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Breuhaus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gwen Bullock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Gage (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Filiberto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Breuhaus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liz Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Thurber (Rear-Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ithacayc.org

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

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


Official website here: www.ithacayc.org

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

Mission Statement of Ithaca Yacht Club

Ithaca Yacht Club, a nonprofit organization, is dedicated to offering individuals and families the opportunity to engage in various recreational, educational, and social activities on Cayuga Lake. Its mission is to foster a sense of friendship and camaraderie among its members and the community. By providing access to the lake, Ithaca Yacht Club encourages a range of activities that cater to different interests and needs, thereby promoting a sense of unity and shared experiences.

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Impact




October, 2024

Ithaca Yacht Club significantly enhances community engagement by providing access to Cayuga Lake, fostering a vibrant recreational environment for individuals and families. This access enables a variety of educational and social activities, encouraging community members to connect with one another while enjoying the beauty of the lake.

Through its focus on camaraderie and friendship, the club nurtures a sense of belonging among members, enriching the social fabric of the Ithaca community. Additionally, it promotes a culture of outdoor activity, offering opportunities for people of all ages to engage in sailing, boating, and other water-based recreation. This not only contributes to the physical well-being of participants but also supports mental health by encouraging relaxation and enjoyment of nature.

Overall, Ithaca Yacht Club plays a crucial role in promoting an active lifestyle, strengthening community ties, and enriching the local culture.




This information is meant to be a general summary of Ithaca 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
$575,544 (2022)
Expenses
$550,283 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $130
  • Program Service Revenue: $221,296
  • Gross Receipts: $578,754

Assets and Liabilities:

  • Total Assets: $2,163,755
  • Total Liabilities: $1,132,089
  • Net Assets: $1,031,666

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Programs

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

HARBOR MASTER

Revenue

$137,188

SAILING MASTER

Revenue

$75,508

F&B

Revenue

$8,600

Organization Details

Founding Year

1907

Principal Officer

Judy L Singer

Main Address

CO SW 410 EAST UPLAND ROAD, ITHACA, NY, 14850

NTEE Category

Code: N67Z - Recreation

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