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Lavallette Yacht Club

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

EIN: 226176537 ✦ Lavallette, NJ ✦ Designated as a 501(c)(7)

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Overview

What is Lavallette Yacht Club?

The Lavallette Yacht Club is a seasonal nonprofit organization situated in Lavallette, New Jersey. With a strong focus on promoting sailing, boating, and social interaction, the club offers its members storage facilities for their boats and manages the maintenance of the equipment and vessels. The club's mission is centered around fostering a sense of camaraderie among its members, ultimately creating an engaging boating community. The Lavallette Yacht Club is home to 37 dedicated individuals who share a passion for sailing and boating.


Official website here: www.lavalletteyc.org

Is Lavallette Yacht Club legitimate?

Lavallette Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lavallette 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: $0

For more financial information, click here


Official website here: www.lavalletteyc.org

What is the mission statement of Lavallette Yacht Club?

The Lavallette Yacht Club, as a organization, is dedicated to fostering an interest in sailing and boating, while also encouraging social interaction among its members. Its mission is centered around promoting these activities, serving as a platform for members to engage in these pursuits. The club provides seasonal boat storage facilities for its members and takes responsibility for maintaining the equipment and boats, contributing to a seamless sailing experience.


Official website here: www.lavalletteyc.org

Who is the CEO of Lavallette Yacht Club?

Kris Kennedy Scuorzo is the Treasurer of Lavallette Yacht Club.


Official website here: www.lavalletteyc.org

What is the revenue of Lavallette Yacht Club?

Lavallette Yacht Club's revenue in 2022 was $10.


Official website here: www.lavalletteyc.org

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

There are 37 employees at Lavallette Yacht Club.


Here are 16 key members and their salaries:


Anne Gormley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Manny Rey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Magno (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Zylinski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Finter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Glosenger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorraine Morrow (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Wright (Past Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Phillips-Mcmanus (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Walsh (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kris Kennedy Scuorzo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Rodino (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Broderick (Past Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Dolan (Past Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Applegate (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Burns (Fleet Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lavalletteyc.org

Where can I find the form 990 for Lavallette Yacht Club?

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


Official website here: www.lavalletteyc.org

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

Mission Statement of Lavallette Yacht Club

The Lavallette Yacht Club, as a nonprofit organization, is dedicated to promoting sailing, boating, and fostering social interaction among its members. Its mission is to provide a platform where individuals can engage in these activities, encouraging camaraderie and shared experiences. The club offers seasonal boat storage to its members and takes charge of the maintenance costs associated with the equipment and boats. By doing so, Lavallette Yacht Club ensures that its members can focus on enjoying their time on the water while the club handles the logistical aspects.

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Impact




October, 2024

Lavallette Yacht Club significantly enhances the local community by promoting sailing, boating, and social interaction among its members. Its seasonal boat storage services provide convenience and accessibility for boat enthusiasts, fostering a shared passion for water activities. Through organized events and activities, the club creates valuable opportunities for social engagement, strengthening community bonds and building lasting relationships among members. The focus on maintaining equipment and boats ensures a safe and enjoyable experience on the water, further encouraging participation in recreational boating. Overall, the Lavallette Yacht Club serves as a vital hub for recreation and camaraderie, positively impacting residents and visitors alike in Lavallette, NJ.




This information is meant to be a general summary of Lavallette 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
$887,565 (2022)
Expenses
$736,950 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $10
  • Gross Receipts: $10

Assets and Liabilities:

  • Total Assets: $1,472,840
  • Total Liabilities: $47,446
  • Net Assets: $1,425,394

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Programs

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

junior sailing program
member boat storage
member event programs
member food service

Organization Details

Principal Officer

Kris Kennedy Scuorzo

Main Address

PO BOX 321, LAVALLETTE, NJ, 08735

NTEE Category

Code: N50 - Recreation

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