Overview
What is Stonington Harbor Yacht Club Incorporated?
Stonington Harbor Yacht Club Incorporated is a community-focused organization based in Stonington, Connecticut. With around 34 employees, the club offers various water activities for its members, such as sailboat racing, recreational sailing, and powerboat events. They also provide educational programs and safety measures to support these activities. The club has been actively involved in the community, allowing non-members to participate in many of their programs and offering resources to the Connecticut Special Olympics program. Their 18-foot fleet and support boats are utilized to train sailors and host annual regattas. In addition to water activities, the club offers dock facilities, dining, and social events throughout the year. Overall, Stonington Harbor Yacht Club Incorporated promotes boating excellence and provides a platform for boating enthusiasts in the community.
Official website here: www.shyc.us
Is Stonington Harbor Yacht Club Incorporated legitimate?
Stonington Harbor Yacht Club Incorporated is a legitimate nonprofit organization registered as a 501(c)(7) entity. Stonington Harbor Yacht Club Incorporated 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: $84,160
Professional Fundraising Fees: $0
Other Salaries and Wages: $568,272
For more financial information, click here
Official website here: www.shyc.us
What is the mission statement of Stonington Harbor Yacht Club Incorporated?
The Stonington Harbor Yacht Club Incorporated serves as a member organization, promoting excellence in boating within the community. Operating year-round, the club offers a wide array of boating activities and events, such as racing, cruising, fishing, kayaking, educational programs, social events, and dining. The club's mission is to foster a vibrant boating community, providing opportunities for on-water activities, including sailboat racing, recreational sailing, oar and paddle programs, events for small power boats, cruises, and instructional and safety programs. These programs saw significant participation and growth, and the club has supported the community by allowing community participation in many of these programs. Furthermore, the club has made its resources available for the Connecticut Special Olympics program to train sailors and conduct its annual regatta.
Official website here: www.shyc.us
Who is the CEO of Stonington Harbor Yacht Club Incorporated?
Helen Garten is the Governor of Stonington Harbor Yacht Club Incorporated.
Official website here: www.shyc.us
What is the revenue of Stonington Harbor Yacht Club Incorporated?
Stonington Harbor Yacht Club Incorporated's revenue in 2022 was $1,197,384.
Official website here: www.shyc.us
Who are the executives of Stonington Harbor Yacht Club Incorporated and what are their salaries?
The average compensation at Stonington Harbor Yacht Club Incorporated during 2022 was $19,189. There are 34 employees and 120 volunteers at Stonington Harbor Yacht Club Incorporated.
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Official website here: www.shyc.us
Where can I find the form 990 for Stonington Harbor Yacht Club Incorporated?
Stonington Harbor Yacht Club Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.shyc.us
Learn more at the official website: www.shyc.us
Mission Statement of Stonington Harbor Yacht Club Incorporated
Stonington Harbor Yacht Club Incorporated is a member-based organization that aspires to foster excellence in boating within the community. Operating year-round, the club offers an array of boating activities and events, including racing, cruising, fishing, kayaking, educational programs, social events, dock facilities, and dining. The club's mission is to promote boating and provide opportunities for its members and the community to participate in various water activities.
The Stonington Harbor Yacht Club Incorporated organizes a wide range of on-water activities, such as sailboat racing, recreational sailing, an oar and paddle program, events for small power boats, cruises for both sail and power boats, and instructional and safety programs. These programs have seen significant participation and growth, allowing the club to support the community by offering participation in many of these programs and making its resources available for community events. The club's 18-foot fleet and support boats have been used to support the Connecticut Special Olympics program, providing training for sailors and facilities for its annual regatta. Additionally, the club's race committee and associated boats are often made available to conduct races open to non-members.
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Impact
October, 2024
Stonington Harbor Yacht Club Incorporated enhances the community through a comprehensive array of boating activities that cater to diverse interests and skill levels. By promoting excellence in boating, the club offers year-round programs such as sailboat racing, recreational sailing, oar and paddle sessions, and events for small power boats. These initiatives not only foster a love for the water but also encourage community engagement, as non-members are welcome to participate in races and events.
The club plays a pivotal role in expanding boating education and safety awareness through instructional programs designed to support on-water activities. This commitment has led to significant participation and growth in its offerings, benefiting both members and the broader community.
Moreover, by opening its facilities to programs such as the Connecticut Special Olympics, the club provides invaluable opportunities for individuals of all abilities to experience sailing and compete in regattas. The availability of its fleet and support boats further underscores its dedication to inclusivity and community support. In essence, Stonington Harbor Yacht Club serves as a vital hub for recreational boating, fostering connections among individuals and promoting a vibrant maritime culture in Stonington, CT.
This information is meant to be a general summary of Stonington Harbor Yacht Club Incorporated. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,150
- Program Service Revenue: $8,737
- Gross Receipts: $1,419,651
Assets and Liabilities:
- Total Assets: $2,121,402
- Total Liabilities: $2,919,342
- Net Assets: -$797,940
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM & ACTIVITY REVENUE
Revenue
$8,737
Organization Details
Founding Year
2002
Phone
(860) 535-0112Principal Officer
Helen Garten
Main Address
PO BOX 87, STONINGTON, CT, 06378
Website
www.shyc.usNTEE Category
Code: N50 - Recreation
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