Overview
What is Port Jefferson Yacht Club Foundation Inc?
The Port Jefferson Yacht Club Foundation is a nonprofit organization that primarily focuses on fundraising efforts for pancreatic cancer research. They accomplish this by contributing their collected funds to two notable organizations: the Lustgarten Foundation and the Palliative Care Unit at Mather Hospital. To generate these funds, the foundation organizes an annual regatta in September, with proceeds from the event, following the deduction of direct expenses, directly supporting pancreatic cancer research through both organizations.
Is Port Jefferson Yacht Club Foundation Inc legitimate?
Port Jefferson Yacht Club Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Port Jefferson Yacht Club Foundation 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.
What is the mission statement of Port Jefferson Yacht Club Foundation Inc?
The Port Jefferson Yacht Club Foundation's mission is centered around raising funds for pancreatic cancer research. They accomplish this by contributing the funds they gather to two organizations, specifically the Lustgarten Foundation and the Palliative Care Unit at Mather Hospital. The foundation achieves this fundraising primarily through an annual regatta held in September. After covering its direct expenses, the regatta's proceeds are then allocated towards funding pancreatic cancer research through both beneficiary organizations.
Who is the CEO of Port Jefferson Yacht Club Foundation Inc?
Gary Passavia is the President of Port Jefferson Yacht Club Foundation Inc.
What is the revenue of Port Jefferson Yacht Club Foundation Inc?
Port Jefferson Yacht Club Foundation Inc's revenue in 2022 was $113,167.
Who are the executives of Port Jefferson Yacht Club Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990EZ for Port Jefferson Yacht Club Foundation Inc?
Port Jefferson Yacht Club Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Port Jefferson Yacht Club Foundation Inc
The Port Jefferson Yacht Club Foundation is committed to making a significant impact in the fight against pancreatic cancer. This nonprofit organization raises funds through various means, with a primary focus on hosting an annual regatta in September. The proceeds from this event, after covering direct expenses, are then channeled towards two main recipients: the Lustgarten Foundation and the Palliative Care Unit at Mather Hospital. These contributions serve to fuel ongoing research into pancreatic cancer and provide essential support for patients undergoing palliative care. By supporting these initiatives, the Port Jefferson Yacht Club Foundation is actively contributing to the advancement of medical knowledge and improving the quality of life for those affected by pancreatic cancer.
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Impact
October, 2024
Port Jefferson Yacht Club Foundation Inc significantly impacts the fight against pancreatic cancer by raising funds dedicated to research and patient support. Through its fundraising efforts, particularly its annual regatta in September, the foundation channels resources directly into the Lustgarten Foundation and the Palliative Care Unit at Mather Hospital. This financial support is crucial for advancing pancreatic cancer research and improving patient care, fostering advancements in treatment options and enhancing the quality of life for those affected by the disease. The foundation's commitment to these causes creates a positive ripple effect in the community, encouraging awareness and involvement in critical healthcare issues.
This information is meant to be a general summary of Port Jefferson Yacht Club Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $115,772
Assets and Liabilities:
- Total Assets: $2,011
- Total Liabilities: $0
- Net Assets: $2,011
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Organization Details
Phone
(631) 928-6300Principal Officer
Gary Passavia
Main Address
PO BOX 138, PORT JEFFERSON, NY, 11777
NTEE Category
Code: T30 - Philanthropy
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