Overview
What is Barnegat Light Yacht Club?
Barnegat Light Yacht Club, located in Harvey Cedars, New Jersey, is a nonprofit organization dedicated to promoting yachting, boating, and recreational activities. They offer an instructional program for youth during the summer, focusing on sailing and swimming, catering to participants from their local community. The club also hosts competitive swimming and sailing events, sponsored by various organizations, and provides recreational social events for its youth members. Their mission is to educate and encourage individuals in yachting and boating, aligning with their primary purpose of promoting yachting and recreational activities. The club has a team of 11 employees, committed to fulfilling its mission.
Official website here: www.barnegatlightyachtclub.com
Is Barnegat Light Yacht Club legitimate?
Barnegat Light Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Barnegat Light 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: $28,627
For more financial information, click here
Official website here: www.barnegatlightyachtclub.com
What is the mission statement of Barnegat Light Yacht Club?
The Barnegat Light Yacht Club is established with a mission to promote and educate individuals in various aspects of yachting and boating. This encompasses a wide range of recreational and social activities related to these watercraft activities. The organization operates under non-profit guidelines, ensuring that any earnings are not for personal gain but rather to support its objectives. The primary purpose of the club is to encourage and educate individuals in yachting and boating, providing an avenue for engaging in a variety of related recreational and social activities.
Official website here: www.barnegatlightyachtclub.com
Who is the CEO of Barnegat Light Yacht Club?
Bryan Lewis is the Commodore of Barnegat Light Yacht Club.
Official website here: www.barnegatlightyachtclub.com
What is the revenue of Barnegat Light Yacht Club?
Barnegat Light Yacht Club's revenue in 2022 was $222,235.
Official website here: www.barnegatlightyachtclub.com
Who are the executives of Barnegat Light Yacht Club and what are their salaries?
The average compensation at Barnegat Light Yacht Club during 2022 was $2,602. There are 11 employees and 14 volunteers at Barnegat Light Yacht Club.
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Official website here: www.barnegatlightyachtclub.com
Where can I find the form 990 for Barnegat Light Yacht Club?
Barnegat Light Yacht Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.barnegatlightyachtclub.com
Learn more at the official website: www.barnegatlightyachtclub.com
Mission Statement of Barnegat Light Yacht Club
Barnegat Light Yacht Club, a non-profit organization, is established with a primary mission to encourage and educate individuals in various aspects of yachting and boating. This encompasses a wide range of activities related to yachting and boating, as well as any recreational or social pursuits that are incidental to these activities. On top of this, the club also engages in other social and educational purposes that are reasonably related to its primary mission. The goal is to promote the enjoyment and understanding of yachting and boating, providing a platform for learning and camaraderie. The club operates under the guidelines of Section 501(C)(7) of the United States Internal Revenue Code, ensuring that no profits benefit its members. The Barnegat Light Yacht Club is dedicated to fostering a community of yachting enthusiasts and contributing to the broader world of boating and recreation.
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Impact
October, 2024
Barnegat Light Yacht Club significantly enriches the local community by fostering a love for yachting and boating among its members, particularly youth. Through its comprehensive Youth Swimming and Sailing Program, the club provides valuable instructional opportunities during the summer months. This program not only teaches essential skills in sailing and swimming at various proficiency levels but also facilitates a series of competitive events in collaboration with organizations like LBIYRA, NJYRA, and US Sailing.
Participants in the program become Special Members, allowing them to engage fully in a range of recreational and social activities designed to promote teamwork, confidence, and physical fitness. Furthermore, these initiatives strengthen community bonds, bringing together families and fostering a spirit of camaraderie among participants. By investing in local youth, Barnegat Light Yacht Club plays a pivotal role in nurturing the next generation of boaters and creating a vibrant recreational culture in Harvey Cedars, NJ.
This information is meant to be a general summary of Barnegat Light 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: $58
- Program Service Revenue: $221,132
- Gross Receipts: $222,235
Assets and Liabilities:
- Total Assets: $284,961
- Total Liabilities: $0
- Net Assets: $284,961
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$93,788
SOCIAL REVENUE
Revenue
$57,154
YOUTH INCOME
Revenue
$46,595
SLIP RENTAL
Revenue
$18,750
CAD REGATTA
Revenue
$1,795
Organization Details
Founding Year
1929
Phone
(609) 494-9868Principal Officer
Bryan Lewis
Main Address
PO Box 3082, Harvey Cedars, NJ, 08008
NTEE Category
Code: N50 - Recreation
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