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Billington Cove Yacht Club Marina Assoc

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

EIN: 263950918 ✦ Wakefield, RI ✦ Designated as a 501(c)(7)

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Overview

What is Billington Cove Yacht Club Marina Assoc?

The Billington Cove Yacht Club Marina Assoc is a nonprofit organization, specifically a Yacht Club, situated somewhere unspecified. Its primary purpose is to manage a boating facility where members can enjoy recreational boating activities. Members pay dues to maintain the Marina's facilities, which include boat slips. By becoming a member, individuals are granted exclusive rights to utilize these slips for their boating needs. This organization aims to provide a comprehensive boating experience for its members, ensuring the Marina remains in good condition through member contributions.

Is Billington Cove Yacht Club Marina Assoc legitimate?

Billington Cove Yacht Club Marina Assoc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Billington Cove Yacht Club Marina Assoc 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.

What is the mission statement of Billington Cove Yacht Club Marina Assoc?

The Billington Cove Yacht Club Marina Association's primary mission is to manage a boating facility, granting its members exclusive access and rights to utilize boat slips for recreational boating purposes. Members are expected to contribute dues for the maintenance and upkeep of the Marina's facilities. The association's role is to manage and operate this boating facility, ensuring its members can enjoy recreational boating activities.

Who is the CEO of Billington Cove Yacht Club Marina Assoc?

Arlene Mcaleer is the President of Billington Cove Yacht Club Marina Assoc.

What is the revenue of Billington Cove Yacht Club Marina Assoc?

Billington Cove Yacht Club Marina Assoc's revenue in 2022 was $82,020.

Who are the executives of Billington Cove Yacht Club Marina Assoc and what are their salaries?


Here are 3 key members and their salaries:


Arlene Mcaleer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Vincent (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Burchard (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Billington Cove Yacht Club Marina Assoc?

Billington Cove Yacht Club Marina Assoc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Billington Cove Yacht Club Marina Assoc

Billington Cove Yacht Club Marina Association's primary mission is to manage a boating facility, providing its members with the right to utilize boat slips for recreational boating purposes. Members contribute dues to maintain the Marina's facilities, ensuring a well-maintained environment for their boating activities. The organization's role is to oversee the operation of this Yacht Club, offering its members access to boat slips for leisure boating.

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Impact




October, 2024

Billington Cove Yacht Club Marina Association enhances the local community by providing access to recreational boating opportunities. This access allows members to engage in various water activities, promoting a healthy outdoor lifestyle and fostering connections among residents who share a passion for boating. The dues paid by members play a critical role in maintaining the marina facilities, ensuring that they remain safe and welcoming for all users. By facilitating these recreational activities, the association contributes to the local economy through increased tourism and related services, while also preserving the natural beauty of the waterway for future generations to enjoy. Overall, the Billington Cove Yacht Club Marina Association serves as a vital hub for leisure, community bonding, and environmental stewardship in Wakefield, RI.




This information is meant to be a general summary of Billington Cove Yacht Club Marina Assoc. 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
$82,020 (2022)
Expenses
$86,532 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5
  • Gross Receipts: $82,020

Assets and Liabilities:

  • Total Assets: $25,888
  • Total Liabilities: $1,997
  • Net Assets: $23,891

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Organization Details

Principal Officer

Arlene Mcaleer

Main Address

557 POND STREET, WAKEFIELD, RI, 02879

NTEE Category

Code: N50 - Recreation

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