High Bar Harbor Yacht Club Condominium Association Inc

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

EIN: 223002839 ✦ Long beach township, NJ ✦ Designated as a 501(c)(7)

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Overview

What is High Bar Harbor Yacht Club Condominium Association Inc?

High Bar Harbor Yacht Club Condominium Association Inc is a private organization situated in Long Beach Township, New Jersey, with an address at 35 Sunset Blvd. This nonprofit is primarily focused on operating a social club and boating facility, catering exclusively to its members in a purely recreational and social context. The association's facilities include 175 slips, ranging from 35 to 60 feet, providing ample space for its members' vessels. With a dedicated team of eight employees, High Bar Harbor Yacht Club Condominium Association Inc fosters a welcoming environment for its members to enjoy leisure activities and boating experiences.


Official website here: www.hbhyc.com

Is High Bar Harbor Yacht Club Condominium Association Inc legitimate?

High Bar Harbor Yacht Club Condominium Association Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. High Bar Harbor Yacht Club Condominium Association 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: $191,332

For more financial information, click here


Official website here: www.hbhyc.com

What is the mission statement of High Bar Harbor Yacht Club Condominium Association Inc?

The High Bar Harbor Yacht Club Condominium Association Inc operates a social club and boating facility primarily for recreational and social purposes. This non-profit organization is dedicated to providing an enjoyable experience for its members, offering a range of slips for boats between 35 to 60 feet in length. The association's focus is on fostering a sense of community and leisure among its members, ensuring they have a relaxing and enjoyable boating experience.


Official website here: www.hbhyc.com

Who is the CEO of High Bar Harbor Yacht Club Condominium Association Inc?

James Frank is the President/Treasurer of High Bar Harbor Yacht Club Condominium Association Inc.


Official website here: www.hbhyc.com

What is the revenue of High Bar Harbor Yacht Club Condominium Association Inc?

High Bar Harbor Yacht Club Condominium Association Inc's revenue in 2022 was $568,449.


Official website here: www.hbhyc.com

Who are the executives of High Bar Harbor Yacht Club Condominium Association Inc and what are their salaries?

The average compensation at High Bar Harbor Yacht Club Condominium Association Inc during 2022 was $23,916. There are 8 employees and 30 volunteers at High Bar Harbor Yacht Club Condominium Association Inc.


Here are 7 key members and their salaries:


James Frank (President/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Keough (Vice President Thru Aug 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Frank (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Crutchlow (Secretary Thru Aug 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Snieckus (Vice President Eff Aug 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Hall (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Willard Milby (Board Member Eff Aug 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hbhyc.com

Where can I find the form 990 for High Bar Harbor Yacht Club Condominium Association Inc?

High Bar Harbor Yacht Club Condominium Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hbhyc.com

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

Mission Statement of High Bar Harbor Yacht Club Condominium Association Inc

High Bar Harbor Yacht Club Condominium Association Inc serves as a social hub for its members, operating a club and boating facility in a purely recreational and social context. This private condominium association provides its members with access to 175 slips, ranging from 35 to 60 feet, fostering a community centered around leisure activities on the water. The mission of High Bar Harbor Yacht Club Condominium Association Inc is to create a welcoming environment where members can engage in recreational boating activities and build lasting social connections. The club's primary focus is on providing a space for relaxation, camaraderie, and enjoyment of the maritime lifestyle.

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Impact




October, 2024

High Bar Harbor Yacht Club Condominium Association Inc fosters a vibrant community centered around recreational boating and social engagement. By providing a private facility with 175 slips accommodating vessels from 35 to 60 feet, it creates a unique space for boating enthusiasts in Long Beach Township, NJ. This association plays a crucial role in enhancing the local recreational landscape, offering members opportunities for social interaction and leisure activities.

The club organizes various events and activities that strengthen community ties among members, promoting a sense of belonging and camaraderie. Through its focus on a purely recreational and social context, High Bar Harbor Yacht Club contributes not only to the joy of sailing and boating but also enriches the lives of its members by cultivating a friendly and welcoming atmosphere. Overall, the association significantly impacts the local community by enhancing recreational options and fostering social connections among its members.




This information is meant to be a general summary of High Bar Harbor Yacht Club Condominium Association 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
$568,449 (2022)
Expenses
$496,585 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,415
  • Program Service Revenue: $562,340
  • Gross Receipts: $569,489

Assets and Liabilities:

  • Total Assets: $2,466,122
  • Total Liabilities: $133,226
  • Net Assets: $2,332,896

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Programs

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

MEMBER DUES

Revenue

$533,598

PROGRAM SERVICE REVENU

Revenue

$24,413

Organization Details

Founding Year

1989

Principal Officer

James Frank

Main Address

35 SUNSET BLVD, LONG BEACH TOWNSHIP, NJ, 08008

NTEE Category

Code: N50 - Recreation

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