Island Heights Yacht Club

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

EIN: 231598245 ✦ Island heights, NJ ✦ Designated as a 501(c)(7)

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Overview

What is Island Heights Yacht Club?

The Island Heights Yacht Club, situated in Island Heights, New Jersey, on the Toms River, is a nonprofit organization dedicated to fostering sailing and rowing activities. Their mission encompasses more than just these water sports; they also focus on educating members about proper boat handling, marine safety, and the importance of sportsmanship. By doing so, they aim to instill a sense of responsibility and camaraderie within their community.

Is Island Heights Yacht Club legitimate?

Island Heights Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Island Heights 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: $76,130

For more financial information, click here

What is the mission statement of Island Heights Yacht Club?

The Island Heights Yacht Club, as an organization, is committed to fostering sailing and rowing activities in its community. Its mission encompasses educating individuals about proper boat handling, marine safety, and sportsmanship. Beyond sailing and rowing, the club emphasizes the importance of these essential skills to ensure a safe and enjoyable experience for all its members.

Who is the CEO of Island Heights Yacht Club?

Eric Wagner is the Rear Commodre of Island Heights Yacht Club.

What is the revenue of Island Heights Yacht Club?

Island Heights Yacht Club's revenue in 2022 was $259,457.

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

The average compensation at Island Heights Yacht Club during 2022 was $5,438. There are 14 employees at Island Heights Yacht Club.


Here are 5 key members and their salaries:


Eric Bornebusch (Rear Commodre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanette Brick (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Wightman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Wagner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Bogart (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Island Heights Yacht Club?

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

Mission Statement of Island Heights Yacht Club

The Island Heights Yacht Club, an esteemed organization, is dedicated to fostering an appreciation for sailing within the community of Island Heights, New Jersey, situated on the Toms River. The club's primary objective is to impart essential knowledge about boat handling, marine safety, and sportsmanship, alongside sailing and rowing. By doing so, the Island Heights Yacht Club aims to cultivate a sense of responsibility and camaraderie among its members, fostering a harmonious and safe environment for all to enjoy the thrill of sailing.

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Impact




October, 2024

Island Heights Yacht Club plays a vital role in fostering a love for sailing and water sports in the community. By promoting sailing on the picturesque Toms River, the club creates opportunities for residents and visitors alike to engage with their local environment. Through its programs, the club educates participants on essential skills such as proper boat handling and marine safety, ensuring that members are not only equipped to enjoy their time on the water but also to do so responsibly and safely.

The emphasis on sportsmanship further enhances the club's impact by nurturing a sense of community and camaraderie among sailors and rowers. By teaching these values, the club helps cultivate respect for one another and for the marine environment, ultimately contributing to a stronger, more connected community in Island Heights. Additionally, the club serves as a recreational hub, drawing people together around a shared passion for sailing, which enriches the cultural fabric of the town.




This information is meant to be a general summary of Island Heights 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
$259,457 (2022)
Expenses
$291,929 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $86
  • Program Service Revenue: $121,883
  • Gross Receipts: $347,517

Assets and Liabilities:

  • Total Assets: $477,243
  • Total Liabilities: $10,149
  • Net Assets: $467,094

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Programs

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

MEMBER DUES

Revenue

$121,883

Organization Details

Founding Year

1900

Principal Officer

Eric Wagner

Main Address

RIVER FRONT PO BOX 952, ISLAND HEIGHTS, NJ, 08732

NTEE Category

Code: N50 - Recreation

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