Presque Isle Yacht Club

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

EIN: 251022088 ✦ Erie, PA ✦ Designated as a 501(c)(7)

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Overview

What is Presque Isle Yacht Club?

The Presque Isle Yacht Club, situated in Erie, Pennsylvania, serves as a hub for its members, offering a space for recreation, pleasure, and social activities. Its primary mission is to maintain this yacht club, providing an environment where members can engage in various maritime pursuits.


Official website here: www.piyc.com

Is Presque Isle Yacht Club legitimate?

Presque Isle Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Presque Isle 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: $8,592

For more financial information, click here


Official website here: www.piyc.com

What is the mission statement of Presque Isle Yacht Club?

The Presque Isle Yacht Club serves as a hub for its members, offering a space for recreational, leisurely, or social activities. Its mission is to uphold and maintain this yacht club, providing a platform that caters to its members' needs and interests in an enjoyable and relaxing manner. The club operates as a sanctuary where members can engage in yachting-related activities, fostering a sense of community and camaraderie.


Official website here: www.piyc.com

Who is the CEO of Presque Isle Yacht Club?

James Buto is the Treasurer of Presque Isle Yacht Club.


Official website here: www.piyc.com

What is the revenue of Presque Isle Yacht Club?

Presque Isle Yacht Club's revenue in 2022 was $238,759.


Official website here: www.piyc.com

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

The average compensation at Presque Isle Yacht Club during 2022 was $4,296. There are 2 employees at Presque Isle Yacht Club.


Here are 11 key members and their salaries:


James Buto (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Dinicola (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Doyle (Fleet Captai)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Eisert (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Green (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Gustafson (Rear Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Howard (Board Chairm)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Logan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Mazza (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Sauer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Skolnik (Vice-Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.piyc.com

Where can I find the form 990 for Presque Isle Yacht Club?

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


Official website here: www.piyc.com

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

Mission Statement of Presque Isle Yacht Club

Presque Isle Yacht Club, as a nonprofit organization, is dedicated to serving its members by maintaining a yacht club. This club serves as a hub for recreational, pleasure, and social activities. The mission of Presque Isle Yacht Club is to provide its members with an engaging and enjoyable environment that fosters camaraderie and shared interests in yachting and boating. By maintaining this club, the organization aims to cater to the leisure and social needs of its members, offering a space where they can unwind, engage in boat-related activities, and build lasting relationships.

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Impact




October, 2024

Presque Isle Yacht Club plays a significant role in enhancing recreational opportunities for its members and the local community in Erie, PA. By maintaining a well-equipped yacht club, it provides a space for social interaction, leisure activities, and shared experiences among boating enthusiasts.

The club serves as a hub for various maritime activities, promoting sailing, boating, and other water-related sports. This focus on recreation contributes to the physical well-being of its members and encourages an active lifestyle, fostering community engagement and camaraderie.

Additionally, the club's presence enriches the cultural fabric of Erie by creating a sense of belonging and community among those who share a passion for boating. Events and activities organized by the club often attract not just members but also visitors, thereby boosting local tourism and economic activity.

Overall, Presque Isle Yacht Club significantly impacts both its members and the broader community by promoting recreational activities, fostering social connections, and enhancing the local economy.




This information is meant to be a general summary of Presque Isle 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
$238,759 (2022)
Expenses
$207,207 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $177
  • Program Service Revenue: $120,911
  • Gross Receipts: $238,759

Assets and Liabilities:

  • Total Assets: $505,001
  • Total Liabilities: $182,074
  • Net Assets: $322,927

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$120,911

Organization Details

Founding Year

1944

Principal Officer

James Buto

Main Address

PO BOX 1075, ERIE, PA, 16512

NTEE Category

Code: N50 - Recreation

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