Spray Beach Yacht Club Inc

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

EIN: 210644546 ✦ Beach haven, NJ ✦ Designated as a 501(c)(7)

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Overview

What is Spray Beach Yacht Club Inc?

Spray Beach Yacht Club Inc is a community-focused organization, serving as both a social and sailing club. Their primary mission involves sponsoring a range of sports activities, such as sailing competitions, weekly races, regattas, and junior classes. Additionally, they host fishing and boating events to cater to various water-related interests. Beyond sports, Spray Beach Yacht Club Inc also organizes social functions, dances, shows, and outings, providing a well-rounded program of service for its members.


Official website here: www.spraybeachyachtclub.com

Is Spray Beach Yacht Club Inc legitimate?

Spray Beach Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Spray Beach 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: $109,599

For more financial information, click here


Official website here: www.spraybeachyachtclub.com

What is the mission statement of Spray Beach Yacht Club Inc?

The Spray Beach Yacht Club Inc serves as a community hub, focusing on both social and sailing activities. Their mission encompasses sponsoring various sports programs, such as sailing competitions, weekly races, regattas, and junior classes. They also organize fishing and boating events, in addition to providing social functions, dances, shows, and outings as part of their service to the community.


Official website here: www.spraybeachyachtclub.com

Who is the CEO of Spray Beach Yacht Club Inc?

Robert Cramer is the Principal Officer of Spray Beach Yacht Club Inc.


Official website here: www.spraybeachyachtclub.com

What is the revenue of Spray Beach Yacht Club Inc?

Spray Beach Yacht Club Inc's revenue in 2022 was $888,567.


Official website here: www.spraybeachyachtclub.com

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

The average compensation at Spray Beach Yacht Club Inc during 2022 was $12,178. There are 9 employees and 132 volunteers at Spray Beach Yacht Club Inc.


Here are 5 key members and their salaries:


Lisa Coster (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Chambers (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Kayes (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Kelly (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Burns (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.spraybeachyachtclub.com

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

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


Official website here: www.spraybeachyachtclub.com

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

Mission Statement of Spray Beach Yacht Club Inc

Spray Beach Yacht Club Inc, as a community-focused organization, is dedicated to promoting social activities and sailing events. The primary mission of this club is to sponsor a diverse range of sports programs, such as sailing, weekly races, regattas, and junior classes. Additionally, they organize fishing and boating events to cater to various marine enthusiasts. Beyond sports, Spray Beach Yacht Club Inc also hosts social functions, dances, shows, and outings as part of its service to the community. This multi-faceted approach ensures that its members have a well-rounded experience, combining physical activities with social events.

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Impact




October, 2024

Spray Beach Yacht Club Inc significantly enriches the community by fostering a deep connection to water sports and social activities. Through its diverse offerings, including sailing programs, weekly races, and fishing events, the club cultivates a vibrant environment where individuals of all ages can engage in recreational pursuits. Junior classes not only promote skill development in sailing but also encourage teamwork and personal growth among younger participants.

The club’s social functions—such as dances, shows, and outings—serve to unite community members, enhancing the fabric of local connections and creating lasting friendships. By organizing regattas and other competitive events, the Yacht Club promotes healthy competition and camaraderie, while also drawing visitors to Beach Haven, which can stimulate the local economy.

In essence, Spray Beach Yacht Club serves as a hub of community life, blending recreational and social activities that foster a strong sense of belonging and shared values among its members and the wider community. The club's multifaceted approach to engagement through sport and social interaction has a lasting impact, enriching lives and strengthening community ties in Beach Haven, NJ.




This information is meant to be a general summary of Spray Beach 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
$888,567 (2022)
Expenses
$832,805 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $91
  • Program Service Revenue: $119,047
  • Gross Receipts: $888,567

Assets and Liabilities:

  • Total Assets: $4,797,769
  • Total Liabilities: $177,935
  • Net Assets: $4,619,834

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Programs

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

Junior Programs

Revenue

$41,891

Miscellaneous Income

Revenue

$23,150

Junior Boat Rental

Revenue

$1,400

Organization Details

Founding Year

1905

Principal Officer

Robert Cramer

Main Address

P O BOX 1125, BEACH HAVEN, NJ, 080081125

NTEE Category

Code: N50 - Recreation

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