Overview
What is Raritan Yacht Club?
The Raritan Yacht Club is a nonprofit organization located in Perth Amboy, New Jersey. Serving as a membership-based social club, its primary activity revolves around promoting business. Last year, the club successfully generated a revenue of $733,209, showcasing its operational success and impact within the community. Although the description does not provide information about the club's specific mission or the services it offers, it is known as a membership organization that fosters business growth.
Official website here: www.ryc.org
What do the Facebook reviews say about Raritan Yacht Club?
84% of the 51 reviewers on Facebook recommend the Raritan Yacht Club. Here’s a summary of their reviews:
Many patrons appreciate the beautiful location and the opportunity to enjoy the waterfront, especially during events like regattas. The overall ambiance of the club receives positive remarks, creating a pleasant atmosphere for guests. However, service experiences seem to vary significantly, with some customers expressing dissatisfaction regarding wait times and communication issues.
Specific reviews highlight frustration with service delays and a lack of available menu options, which has led to disappointment during visits. While some guests had enjoyable moments, the inconsistent dining experiences may impact future visits for a portion of the clientele. Overall, the club has potential but will need to address service-related concerns to enhance satisfaction among all visitors.
This AI summary has been generated from reviews found on Facebook.
Is Raritan Yacht Club legitimate?
Raritan Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Raritan 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: $391,102
For more financial information, click here
Official website here: www.ryc.org
What is the mission statement of Raritan Yacht Club?
The primary focus of Raritan Yacht Club, as an membership and social organization, is not explicitly stated in the provided data. However, based on the information available, the club generates revenue and operates as a business entity, suggesting it may be involved in promoting social activities and events for its members. The club's mission, if any, is not outlined in the provided data.
Official website here: www.ryc.org
Who is the CEO of Raritan Yacht Club?
Eric Kolts is the Treasurer of Raritan Yacht Club.
Official website here: www.ryc.org
What is the revenue of Raritan Yacht Club?
Raritan Yacht Club's revenue in 2022 was $1,198,889.
Official website here: www.ryc.org
Who are the executives of Raritan Yacht Club and what are their salaries?
The average compensation at Raritan Yacht Club during 2022 was $10,292. There are 38 employees and 50 volunteers at Raritan Yacht Club.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ryc.org
Where can I find the form 990 for Raritan Yacht Club?
Raritan Yacht Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ryc.org
Learn more at the official website: www.ryc.org
Mission Statement of Raritan Yacht Club
The Raritan Yacht Club, serving as a membership social club organization, aims to foster business growth. This esteemed organization successfully generated a substantial revenue of $733,209 last year, demonstrating its commitment to promoting commercial activities. While the mission statement does not explicitly mention its objectives or the community it serves, it can be inferred that the Raritan Yacht Club leverages its membership base to encourage business activities and drive revenue growth. However, further details about the club's mission, such as its focus on sailing or marine-related activities, could not be gleaned from the provided information.
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Impact
October, 2024
Raritan Yacht Club significantly impacts the local economy and community in Perth Amboy, NJ, by generating substantial revenue and promoting business activities. With a total revenue of $733,209 last year, the club contributes to the financial vitality of the area. By serving as a social hub for its members, Raritan Yacht Club fosters community engagement and recreational opportunities, enhancing the quality of life for residents. Its activities promote not only leisure and social interaction but also the local economy through various events and services that encourage spending and participation from both members and visitors.
This information is meant to be a general summary of Raritan 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: $17,405
- Program Service Revenue: $74,286
- Gross Receipts: $1,460,750
Assets and Liabilities:
- Total Assets: $2,380,861
- Total Liabilities: $14,225
- Net Assets: $2,366,636
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RACE
Revenue
$1,595
SAILING
Revenue
$62,375
RC LAZER
Revenue
$227
REGATTA
Revenue
$10,089
Organization Details
Founding Year
1865
Principal Officer
Eric Kolts
Main Address
160 WATER STREET, PERTH AMBOY, NJ, 08861
Website
www.ryc.orgNTEE Category
Code: N50 - Recreation
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