Manasquan River Yacht Club

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

EIN: 210686932 ✦ Brielle, NJ ✦ Designated as a 501(c)(7)

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Overview

What is Manasquan River Yacht Club?

The Manasquan River Yacht Club, situated in Brielle, New Jersey, is a vibrant nonprofit organization that fosters a sense of community among its members. Its primary focus is on promoting yachting regatta events and offering various sports activities, including pool and tennis. The club also provides a platform for social engagements, offering entertainment and awarding trophies to its members. Additionally, the Manasquan River Yacht Club organizes dock, harbor, and regatta activities to enrich its members' experiences.


Official website here: www.mryc.org

Is Manasquan River Yacht Club legitimate?

Manasquan River Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Manasquan River 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: $317,178

For more financial information, click here


Official website here: www.mryc.org

What is the mission statement of Manasquan River Yacht Club?

The Manasquan River Yacht Club's mission is centered around promoting yachting regatta events and other sports activities, including pool and tennis, for its members. The club also prioritizes providing social activities to enhance the member experience. It organizes various programs, comprising of members' entertainment and trophy events, as well as dock, harbor, and regatta activities.


Official website here: www.mryc.org

Who is the CEO of Manasquan River Yacht Club?

Beth Baccaro is the Commodore of Manasquan River Yacht Club.


Official website here: www.mryc.org

What is the revenue of Manasquan River Yacht Club?

Manasquan River Yacht Club's revenue in 2022 was $1,105,915.


Official website here: www.mryc.org

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

The average compensation at Manasquan River Yacht Club during 2022 was $5,286. There are 60 employees at Manasquan River Yacht Club.


Here are 15 key members and their salaries:


Christine Laufer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hilary Decker Seitz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liz Chermark (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina Parseghian (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Morris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Mcdonald (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Surdovel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Booth (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Garrett Hogan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Baccaro (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Siano (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Carton (Fleet Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary-Jo Kinneally (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Phillips (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Aldi (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mryc.org

Where can I find the form 990 for Manasquan River Yacht Club?

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


Official website here: www.mryc.org

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

Mission Statement of Manasquan River Yacht Club

The Manasquan River Yacht Club's mission is centered around promoting yachting regattas and various sports activities, such as pool and tennis, for its members. The primary goal of this organization is to provide engaging social activities that cater to its members' interests. The club's activities encompass member entertainment, trophy presentations, and a wide range of dock, harbor, and regatta events. By offering these diverse programs, the Manasquan River Yacht Club aims to foster a sense of camaraderie and enjoyment among its members.

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Impact




October, 2024

Manasquan River Yacht Club significantly enhances the recreational landscape of Brielle, NJ, by fostering a vibrant community focused on yachting and various sports activities. The club organizes yachting regattas, creating opportunities for both seasoned sailors and newcomers to engage in competitive sailing. Additionally, it offers a range of sporting activities, including tennis and pool, which promote physical fitness and social interaction among members.

The club serves as a social hub, where members can connect and engage in a variety of entertaining events, thereby strengthening community ties. With well-organized programs, including trophy events and regatta activities, the yacht club not only promotes the spirit of competition but also emphasizes camaraderie and enjoyment. This blend of recreational and social offerings contributes to a lively and supportive environment that benefits its members and the broader community.




This information is meant to be a general summary of Manasquan River 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
$1,105,915 (2022)
Expenses
$1,048,059 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $254
  • Program Service Revenue: $515,655
  • Gross Receipts: $1,179,059

Assets and Liabilities:

  • Total Assets: $3,969,485
  • Total Liabilities: $2,340,670
  • Net Assets: $1,628,815

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Programs

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

DOCK AND HARBOR

Revenue

$105,685

ENTERTAINMENT ACTIVITIES

Revenue

$286,930

JR SAILING ACTIVITIES

Revenue

$35,519

REGATTA

Revenue

$25,053

TENNIS

Revenue

$46,615

Organization Details

Principal Officer

Beth Baccaro

Main Address

405 RIVERVIEW LANE PO BOX 325, BRIELLE, NJ, 08730

NTEE Category

Code: N50 - Recreation

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