Northampton Colony Yacht Club

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

EIN: 237129818 ✦ Sag harbor, NY ✦ Designated as a 501(c)(7)

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Overview

What is Northampton Colony Yacht Club?

The Northampton Colony Yacht Club is a nonprofit organization dedicated to fostering a passion for yachting and various aquatic activities among its members. By encouraging social interaction, they aim to create a vibrant community within their ranks. Members are required to pay membership fees and contribute to the use of the club's facilities. The Northampton Colony Yacht Club's primary mission revolves around promoting yachting and aquatic sports, thereby offering its members a unique and engaging experience.

Is Northampton Colony Yacht Club legitimate?

Northampton Colony Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Northampton Colony 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

What is the mission statement of Northampton Colony Yacht Club?

The Northampton Colony Yacht Club is committed to fostering an interest in yachting and various aquatic sports among its members. This mission extends to encouraging social interaction within the club as well. Their activities are primarily geared towards promoting these interests, and membership involves paying dues and utilizing the club's facilities.

Who is the CEO of Northampton Colony Yacht Club?

Louis Cona is the Director of Northampton Colony Yacht Club.

What is the revenue of Northampton Colony Yacht Club?

Northampton Colony Yacht Club's revenue in 2022 was $256,151.

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


Here are 9 key members and their salaries:


Doug Geddie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Loreto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Rotundo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Cona (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Greenwald (Dockmaster)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Jaeger (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Schaefer (Vice Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Totero (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Northampton Colony Yacht Club?

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

Mission Statement of Northampton Colony Yacht Club

The Northampton Colony Yacht Club is dedicated to fostering an enthusiasm for yachting and various aquatic sports among its members. Its mission is to encourage social interaction, serving as a platform for its members to engage in these activities together. The club's primary objective is to provide opportunities for its members to engage in these pursuits, thereby promoting camaraderie and sharing experiences. The membership fees and usage of the club's facilities contribute to achieving this objective.

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Impact




October, 2024

Northampton Colony Yacht Club significantly fosters a vibrant community centered around yachting and aquatic sports in Sag Harbor, NY. By promoting an interest in these activities, the club creates opportunities for social interaction among its members, enhancing local culture and camaraderie. Members engage in various aquatic sports, which not only contributes to their physical well-being but also encourages teamwork, skill development, and a greater appreciation for maritime activities. Through its facilities and organized events, the club cultivates a supportive environment that allows individuals of all ages to connect with one another and share their passion for the water. This emphasis on recreation enriches the community, attracting both residents and visitors, and bolstering the local economy through increased engagement with the area’s waterfront and related businesses.




This information is meant to be a general summary of Northampton Colony 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
$256,151 (2022)
Expenses
$105,348 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $28
  • Gross Receipts: $256,151

Assets and Liabilities:

  • Total Assets: $468,754
  • Total Liabilities: $3,555
  • Net Assets: $465,199

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Organization Details

Principal Officer

Louis Cona

Main Address

PO BOX 241, SAG HARBOR, NY, 11963

NTEE Category

Code: N50 - Recreation

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