Triangle Yacht Club Inc

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

EIN: 237219920 ✦ Greenport, NY ✦ Designated as a 501(c)(7)

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Overview

What is Triangle Yacht Club Inc?

Triangle Yacht Club Inc is a nonprofit organization situated in Greenport, New York, that promotes camaraderie and social engagement among its members, all of whom share a passion for boating. The club's primary source of income is derived from member subscriptions and sales of beverages within its premises. Triangle Yacht Club Inc serves as a social hub, offering its members a platform to connect and enjoy their shared hobby.

Is Triangle Yacht Club Inc legitimate?

Triangle Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Triangle Yacht Club Inc submitted a form 990EZ, 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 Triangle Yacht Club Inc?

The Triangle Yacht Club Inc encourages camaraderie and social engagement among its members, all of whom have a passion for boating. Their primary source of income stems from the collection of membership dues and the sale of beverages to its members. The club does not provide a specific mission statement, but its activities revolve around fostering a shared interest in boating and promoting social interaction among its members.

What is the revenue of Triangle Yacht Club Inc?

Triangle Yacht Club Inc's revenue in 2024 was $44,462.

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

Here are 2 key members and their salaries:


Brin Klinge (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Harte (Treasuruer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Triangle Yacht Club Inc?

Triangle Yacht Club Inc's most recent form 990EZ was submitted in 2024 and can be accessed here.

Mission Statement of Triangle Yacht Club Inc

Triangle Yacht Club, an organization dedicated to its members with a shared passion for boating, encourages a sense of camaraderie and social interaction. Its primary mission is to promote fraternal activities among its members, fostering a community that thrives on their shared interest. The club relies on income generated through membership dues and the sale of beverages to its members, ensuring its financial sustainability and ability to maintain its social and recreational programs.

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Impact




October, 2024

Triangle Yacht Club Inc has a significant impact on its community by fostering camaraderie and social engagement among boating enthusiasts in Greenport, NY. The club serves as a hub for members to connect, share experiences, and participate in various recreational activities centered around boating. Through organized events and social gatherings, it strengthens relationships among members, creating a close-knit community that celebrates the joys of boating.

The club also contributes to the local economy by generating revenue through member dues and beverage sales, helping to sustain local businesses. Its presence enhances the recreational landscape of the area, providing opportunities for leisure and promoting a culture of waterfront appreciation. By nurturing a love for boating, Triangle Yacht Club helps to instill values of teamwork, stewardship, and enjoyment of the marine environment among its members.




This information is meant to be a general summary of Triangle Yacht Club 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
$44,462 (2024)
Expenses
$35,571 (2024)
Efficiency

Other financial information:

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

  • Investment Income: $100
  • Gross Receipts: $61,883

Assets and Liabilities:

  • Total Assets: $24,890
  • Total Liabilities: $0
  • Net Assets: $24,890

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Organization Details

Principal Officer

Gary Harte

NTEE Category

Code: N03 - Recreation

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