Overview
What is Brant Beach Yacht Club?
The Brant Beach Yacht Club, situated in Ship Bottom, New Jersey, serves as a hub for its members to engage in yachting and various water sports activities. The club fosters a sense of community by organizing social and educational events, aiming to spread the love for yachting. Additionally, the Brant Beach Yacht Club offers tax-exempt programs to support its members in their water sports pursuits.
Official website here: www.bbyc.net
Is Brant Beach Yacht Club legitimate?
Brant Beach Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Brant Beach 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: $498,945
For more financial information, click here
Official website here: www.bbyc.net
What is the mission statement of Brant Beach Yacht Club?
The Brant Beach Yacht Club is dedicated to providing its members with the necessary facilities to engage in yachting and various other water sports. A significant part of its mission involves promoting yachting by organizing various social and educational activities. This club also offers tax-exempt programs, enhancing the yachting experience for its members.
Official website here: www.bbyc.net
What is the revenue of Brant Beach Yacht Club?
Brant Beach Yacht Club's revenue in 2023 was $1,821,362.
Official website here: www.bbyc.net
Who are the executives of Brant Beach Yacht Club and what are their salaries?
The average compensation at Brant Beach Yacht Club during 2023 was $8,457. There are 59 employees and 350 volunteers at Brant Beach Yacht Club.
Here are 17 key members and their salaries:
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- Compensation: $130,500
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- Other: $4,218
- Compensation: $105,000
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- Other: $1,925
Official website here: www.bbyc.net
Where can I find the form 990 for Brant Beach Yacht Club?
Brant Beach Yacht Club's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bbyc.net
Learn more at the official website: www.bbyc.net
Mission Statement of Brant Beach Yacht Club
Brant Beach Yacht Club, a renowned organization, is dedicated to providing its members with the necessary facilities to indulge in yachting and various water sports. Beyond just offering resources, the club aims to promote yachting as a recreational activity through a series of social and educational events. By doing so, Brant Beach Yacht Club encourages its members to engage in this water-based hobby, fostering a sense of community and shared passion for the sea. The club's mission is to create an environment where members can pursue their love for yachting and water sports while simultaneously supporting and growing the yachting community.
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Impact
October, 2024
Brant Beach Yacht Club significantly enhances the local community by providing essential facilities for members to engage in yachting and various water sports. Its commitment to promoting yachting through diverse social and educational activities cultivates a vibrant maritime culture in Ship Bottom, NJ. The club serves as a hub for recreation, fostering camaraderie and skill development among its members and the broader community. By offering structured programs and events, the Brant Beach Yacht Club not only supports individual pursuits in sailing but also strengthens community ties and encourages environmental stewardship related to local waterways.
This information is meant to be a general summary of Brant Beach 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 2023.
- Investment Income: $63,095
- Program Service Revenue: $730,004
- Gross Receipts: $1,973,560
Assets and Liabilities:
- Total Assets: $2,785,565
- Total Liabilities: $106,502
- Net Assets: $2,679,063
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES AND FEES
Revenue
$589,179
INITIATION FEES
Revenue
$140,825
Organization Details
Founding Year
1927
Principal Officer
Richard Devaney
Website
www.bbyc.netNTEE Category
Code: N50 - Recreation
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