Overview
What is Bay Head Yacht Club?
The Bay Head Yacht Club, established in 1888, is a renowned organization that holds a distinguished position as one of the oldest yacht clubs in the United States. Over the past 120 years, it has been the setting for numerous delightful events and parties, celebrated in captivating surroundings. The club's primary objective is to foster an interest in boating and athletic sports. To accomplish this, it provides its members with essential facilities such as boat docks, tennis and paddle courts, dining areas, and offers a variety of activities and entertainment.
Official website here: www.bayheadyachtclub.org
Is Bay Head Yacht Club legitimate?
Bay Head Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Bay Head 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: $322,791
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,455,703
For more financial information, click here
Official website here: www.bayheadyachtclub.org
What is the mission statement of Bay Head Yacht Club?
The Bay Head Yacht Club's mission is centered around fostering interest in boating and athletic sports. It achieves this by offering its members various amenities such as boat docks, tennis and paddle courts, dining facilities, and a range of activities and entertainment. The club's mission extends beyond just providing facilities; it aims to promote boating and sports, thereby enriching the experiences of its members.
Official website here: www.bayheadyachtclub.org
Who is the CEO of Bay Head Yacht Club?
James Cadranell is the Commodore of Bay Head Yacht Club.
Official website here: www.bayheadyachtclub.org
What is the revenue of Bay Head Yacht Club?
Bay Head Yacht Club's revenue in 2022 was $9,172,548.
Official website here: www.bayheadyachtclub.org
Who are the executives of Bay Head Yacht Club and what are their salaries?
The average compensation at Bay Head Yacht Club during 2022 was $21,238. There are 225 employees and 50 volunteers at Bay Head Yacht Club.
Here are 21 key members and their salaries:
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Official website here: www.bayheadyachtclub.org
Where can I find the form 990 for Bay Head Yacht Club?
Bay Head Yacht Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bayheadyachtclub.org
Learn more at the official website: www.bayheadyachtclub.org
Mission Statement of Bay Head Yacht Club
The Bay Head Yacht Club, with a rich history dating back to 1888, is dedicated to fostering an interest in boating and athletic sports. This esteemed organization offers a range of amenities and activities to its members, including boat docks, tennis and paddle courts, delightful dining facilities, and a variety of events and entertainment. By providing these resources, the Bay Head Yacht Club aims to cater to the diverse interests of its members, promoting a sense of camaraderie and enjoyment in the world of boating and athletics.
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Impact
October, 2024
Bay Head Yacht Club (BHYC) has a significant impact on the community by fostering a love for boating and athletic sports. Established in 1888, it has become one of the oldest yacht clubs in the United States, creating a rich tradition of maritime and sporting culture.
Through its facilities, which include boat docks, tennis and paddle courts, and dining areas, BHYC promotes not only recreational activities but also social engagement among its members. The club hosts various events and entertainment, enhancing community bonding and providing a vibrant atmosphere for families and friends. By prioritizing the interests of boating and athletic pursuits, BHYC encourages an active lifestyle while preserving the natural beauty of Bay Head, NJ. This commitment to recreation and community connection plays a vital role in enriching the quality of life for its members and the larger Bay Head area.
This information is meant to be a general summary of Bay Head 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $42,363
- Program Service Revenue: $4,789,867
- Gross Receipts: $10,504,453
Assets and Liabilities:
- Total Assets: $23,244,322
- Total Liabilities: $13,242,120
- Net Assets: $10,002,202
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$3,787,416
INITIATION FEES
Revenue
$485,920
CAPITAL ASSESSMENT
Revenue
$467,840
DALE BLDG DUES
Revenue
$48,691
Organization Details
Founding Year
1888
Phone
(732) 899-2000Principal Officer
James Cadranell
Main Address
111 METCALFE ST, BAY HEAD, NJ, 08742
Website
www.bayheadyachtclub.orgNTEE Category
Code: N50 - Recreation
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