Canandaigua Yacht Club Inc

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

EIN: 160373422 ✦ Canandaigua, NY ✦ Designated as a 501(c)(7)

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Overview

What is Canandaigua Yacht Club Inc?

The Canandaigua Yacht Club Inc, located in Canandaigua, NY, is a dedicated nonprofit organization that fosters the love for yachting. Its primary focus is to provide necessary education, facilities, and dock space to encourage yachting enthusiasts. The club offers a range of programs, including waterfront, membership, and social activities, to achieve its goal. These initiatives serve to cater to the needs of its members, promoting the enjoyable and engaging sport of yachting.


Official website here: www.sailcyc.com

Is Canandaigua Yacht Club Inc legitimate?

Canandaigua Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Canandaigua 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: $103,724

For more financial information, click here


Official website here: www.sailcyc.com

What is the mission statement of Canandaigua Yacht Club Inc?

The Canandaigua Yacht Club Inc's mission is centered around promoting the sport of yachting. They achieve this by offering educational resources, providing necessary facilities, and offering dock space. The club's activities extend to offering a range of waterfront, membership, and social programs to support its mission. By doing so, the Canandaigua Yacht Club Inc aims to cultivate an environment that encourages the growth and enjoyment of yachting.


Official website here: www.sailcyc.com

Who is the CEO of Canandaigua Yacht Club Inc?

Judi Stewart is the Treasurer of Canandaigua Yacht Club Inc.


Official website here: www.sailcyc.com

What is the revenue of Canandaigua Yacht Club Inc?

Canandaigua Yacht Club Inc's revenue in 2022 was $496,205.


Official website here: www.sailcyc.com

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

The average compensation at Canandaigua Yacht Club Inc during 2022 was $2,412. There are 43 employees and 20 volunteers at Canandaigua Yacht Club Inc.


Here are 11 key members and their salaries:


Laura Abplanalp (Corp Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Raymond (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judi Stewart (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Stolze (Membership Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Trabert (Recording Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gene Angelidis (House Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kris Mauro (Buildings & Grounds)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Altavela (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Braddon (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Smith (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Furstoss (Harbor Master)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sailcyc.com

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

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


Official website here: www.sailcyc.com

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

Mission Statement of Canandaigua Yacht Club Inc

Canandaigua Yacht Club Inc, dedicated to promoting the sport of yachting, accomplishes this mission by offering educational resources, facilities, and dock space. The club's primary objective is to create an environment that fosters the growth and enjoyment of yachting. By providing waterfront, house, membership, and social programs, Canandaigua Yacht Club Inc encourages individuals to engage in yachting activities and develop a passion for the sport. The club's mission is to make yachting accessible and enjoyable for all, ultimately contributing to the continued popularity and growth of the sport.

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Impact




October, 2024

Canandaigua Yacht Club Inc plays a significant role in promoting the sport of yachting in the Canandaigua area. By providing education, facilities, and dock space, the club fosters interest and participation in yachting among community members. Its waterfront location offers ample opportunities for individuals of all ages to engage with the water, learn essential sailing skills, and develop a deep appreciation for the sport.

The club's programs encompass a variety of activities, including sailing lessons and access to membership and social events, which not only enhance individual skills but also build a sense of community among members. These initiatives contribute to local recreation, encouraging a healthy, active lifestyle while strengthening ties among families and individuals who share a passion for yachting.

Overall, Canandaigua Yacht Club Inc serves as a vital hub for yachting enthusiasts, promoting environmental stewardship, teamwork, and lifelong learning through its comprehensive offerings.




This information is meant to be a general summary of Canandaigua 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
$496,205 (2022)
Expenses
$400,294 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,397
  • Program Service Revenue: $408,573
  • Gross Receipts: $914,302

Assets and Liabilities:

  • Total Assets: $498,613
  • Total Liabilities: $18,848
  • Net Assets: $479,765

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Programs

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

MEMBERS DUES & ASSESSM

Revenue

$408,573

Organization Details

Founding Year

1935

Principal Officer

Judi Stewart

Main Address

3524 WEST LAKE ROAD, CANANDAIGUA, NY, 14424

NTEE Category

Code: N50 - Recreation

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