Mantoloking Yacht Club

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

EIN: 210601679 ✦ Mantoloking, NJ ✦ Designated as a 501(c)(7)

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Overview

What is Mantoloking Yacht Club?

The Mantoloking Yacht Club is a nonprofit organization that is deeply committed to promoting sailing as a recreational activity. Based on the provided information, it appears that they achieve this goal through a combination of sailing operations and social events. By offering these programs, the club provides its members with an enjoyable and engaging sailing experience while also fostering a sense of camaraderie among its like-minded individuals. As a pleasure and social club, the Mantoloking Yacht Club serves as a welcoming community for its members, allowing them to share their passion for sailing.


Official website here: www.mantolokingyachtclub.org

Is Mantoloking Yacht Club legitimate?

Mantoloking Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Mantoloking 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: $0

For more financial information, click here


Official website here: www.mantolokingyachtclub.org

What is the mission statement of Mantoloking Yacht Club?

The Mantoloking Yacht Club's mission is centered around promoting sailing. They achieve this objective through their diverse programs, which encompass both sailing operations and social activities. Acting as a recreational, pleasure, and social club, it provides a platform for members to indulge in the sport of sailing while fostering a sense of camaraderie among individuals with shared interests. The club's primary goal is to allow members to enjoy sailing while fostering a sense of community.


Official website here: www.mantolokingyachtclub.org

Who is the CEO of Mantoloking Yacht Club?

Matthew R Mckenzie is the Commodore of Mantoloking Yacht Club.


Official website here: www.mantolokingyachtclub.org

What is the revenue of Mantoloking Yacht Club?

Mantoloking Yacht Club's revenue in 2022 was $1,184,476.


Official website here: www.mantolokingyachtclub.org

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


Here are 6 key members and their salaries:


Connie Kapp (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Daniels (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Mckenzie (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Spark (Harbor Master)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Beth Stebbins (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Fasolo (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mantolokingyachtclub.org

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

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


Official website here: www.mantolokingyachtclub.org

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

Mission Statement of Mantoloking Yacht Club

The Mantoloking Yacht Club, as a multipurpose organization, is dedicated to promoting sailing as a recreational activity and fostering a sense of community among its members. By offering various sailing programs and social events, the club provides an environment where individuals with a shared passion for sailing can enjoy the sport and build connections. As a pleasure and social club, Mantoloking Yacht Club serves as a welcoming space for like-minded individuals, allowing them to partake in the exhilarating world of sailing while nurturing a sense of camaraderie.

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Impact




October, 2024

Mantoloking Yacht Club significantly influences the local community by promoting sailing and fostering a vibrant social atmosphere among its members. Through a variety of programs and activities, the club enhances recreational opportunities, encouraging individuals to engage in the sport of sailing. This not only provides members with the enjoyment of sailing but also cultivates a strong sense of community among those who share a passion for the water. By organizing events and social gatherings, the club strengthens connections among members, creating a welcoming environment that enhances the overall recreational experience in Mantoloking, NJ.




This information is meant to be a general summary of Mantoloking 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
$1,184,476 (2022)
Expenses
$1,025,924 (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
  • Program Service Revenue: $555,928
  • Gross Receipts: $1,232,200

Assets and Liabilities:

  • Total Assets: $1,947,918
  • Total Liabilities: $679,640
  • Net Assets: $1,268,278

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Programs

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

SAILING INCOME

Revenue

$147,775

TENNIS INCOME

Revenue

$117,586

SOCIAL ACTIVITIES INCOME

Revenue

$199,752

HARBOR INCOME

Revenue

$90,815

Organization Details

Founding Year

1905

Principal Officer

Matthew R Mckenzie

Main Address

PO BOX 885, MANTOLOKING, NJ, 08738

NTEE Category

Code: N50 - Recreation

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