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Pine Beach Yacht Club

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

EIN: 226280085 ✦ Pine beach, NJ ✦ Designated as a 501(c)(7)

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Overview

What is Pine Beach Yacht Club?

The Pine Beach Yacht Club, situated in Pine Beach, New Jersey, is a nonprofit organization dedicated to fostering sailing activities and promoting a sense of community. Established with the purpose of encouraging both recreational sailing and competitive races on the Toms River, the club offers marine safety and sportsmanship classes to its members. With a team of nine dedicated individuals, the Pine Beach Yacht Club strives to engage and educate the local community in sailing and social activities.


Official website here: www.pbycnj.com

Is Pine Beach Yacht Club legitimate?

Pine Beach Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Pine 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: $32,252

For more financial information, click here


Official website here: www.pbycnj.com

What is the mission statement of Pine Beach Yacht Club?

The Pine Beach Yacht Club, typically referred to as PBYC, Inc., is established with the objective of fostering sailing activities and promoting social engagement within the community. It operates with the primary goal of encouraging sailing, both recreationally and competitively. Additionally, the club offers educational courses on marine safety and sportsmanship to its members.


Official website here: www.pbycnj.com

What is the revenue of Pine Beach Yacht Club?

Pine Beach Yacht Club's revenue in 2024 was $184,454.


Official website here: www.pbycnj.com

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

The average compensation at Pine Beach Yacht Club during 2024 was $4,607. There are 7 employees at Pine Beach Yacht Club.

Here are 5 key members and their salaries:


Robert Cammearer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Cuneo (Past Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Krajewski (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Mooney (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valentine O'Connor (Rear Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pbycnj.com

Where can I find the form 990 for Pine Beach Yacht Club?

Pine Beach Yacht Club's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.pbycnj.com

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

Mission Statement of Pine Beach Yacht Club

Pine Beach Yacht Club, or PBYC, as it's commonly known, was established with a mission to foster a sense of community in Pine Beach, New Jersey, through sailing and social activities. At its core, the organization's purpose is to promote sailing, both recreationally and competitively, among its members. In addition to sailing, PBYC also offers educational classes on marine safety and sportsmanship, aiming to educate and engage its members in a holistic sailing experience.

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Impact




October, 2024

Pine Beach Yacht Club (PBYC) significantly enriches the community of Pine Beach, NJ, by fostering a vibrant culture of sailing and social engagement. The club organizes recreational activities and races on the Toms River, providing a platform for residents to connect with nature and each other through sailing.

In addition to racing, PBYC emphasizes marine safety and good sportsmanship by offering educational classes to its members, contributing to a well-informed and responsible boating community. This focus on safety and skill development not only enhances the sailing experience but also fosters a sense of responsibility among participants.

Overall, Pine Beach Yacht Club serves as a cornerstone for recreational activities in the area, bridging connections among community members while promoting an appreciation for sailing and the natural environment.




This information is meant to be a general summary of Pine 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.

Revenue
$184,454 (2024)
Expenses
$168,214 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $2,001
  • Program Service Revenue: $124,316
  • Gross Receipts: $197,809

Assets and Liabilities:

  • Total Assets: $557,611
  • Total Liabilities: $1,577
  • Net Assets: $556,034

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Programs

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

MEMBERSHIP DUES

Revenue

$59,083

JUNIOR SAILING INSTRUCTION

Revenue

$48,198

SOCIAL EVENTS

Revenue

$13,823

DUCKBOAT

Revenue

$2,000

OTHER SAILING INCOME

Revenue

$840

Organization Details

Founding Year

1916

Principal Officer

Ted Mooney

NTEE Category

Code: N50 - Recreation

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