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Myth & Barnegat Restoration Society Inc

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

EIN: 455575835 ✦ New york, NY ✦ Designated as a 501(c)(4)

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Overview

What is Myth & Barnegat Restoration Society Inc?

Myth & Barnegat Restoration Society Inc is a nonprofit organization primarily focused on sailing and marine-related activities. Established with the purpose of promoting recreational and competitive sailboat racing, the society also prioritizes boating safety and the scientific study of navigation. Furthermore, they are dedicated to preserving historical sailing vessels, ensuring their continued significance in nautical history by repairing and restoring them. The club's mission encompasses both leisurely sailing and the development of sailing skills, contributing to the overall passion for maritime traditions.

Is Myth & Barnegat Restoration Society Inc legitimate?

Myth & Barnegat Restoration Society Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Myth & Barnegat Restoration Society Inc 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: $0

For more financial information, click here

What is the mission statement of Myth & Barnegat Restoration Society Inc?

The Myth & Barnegat Restoration Society Inc is established with a primary focus on sailing and scientific pursuits. Their mission is multifaceted, aimed at promoting recreational and competitive sailboat racing. Additionally, they prioritize boating safety and delve into the scientific aspects of seamanship and navigation. The society also takes an active role in restoring and preserving historical sailing vessels, ensuring their nautical significance endures. This preservation effort aligns with their commitment to maintaining the rich history of sailing.

What is the revenue of Myth & Barnegat Restoration Society Inc?

Myth & Barnegat Restoration Society Inc's revenue in 2023 was $471,061.

Who are the executives of Myth & Barnegat Restoration Society Inc and what are their salaries?

Here are 4 key members and their salaries:


Peter R Kellogg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bromley Dougherty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natalie Dougherty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Wright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Myth & Barnegat Restoration Society Inc?

Myth & Barnegat Restoration Society Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Myth & Barnegat Restoration Society Inc

Myth & Barnegat Restoration Society Inc is dedicated to promoting recreational and competitive sailing while emphasizing safety and navigation skills. The organization's primary purpose is to encourage the enjoyment of sailboats, both for leisure and competitive racing. Beyond this, the society also plays a vital role in preserving maritime history by repairing and restoring historical sailing vessels. This preservation work helps maintain the historical nautical significance of these vessels. By doing so, Myth & Barnegat Restoration Society Inc not only supports sailing as a recreational activity but also contributes to the preservation of maritime heritage.

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Impact




October, 2024

Myth & Barnegat Restoration Society Inc significantly impacts the sailing community by promoting recreational sailing and racing. Its commitment to safety and seamanship fosters a culture of responsible boating, enhancing the skills of both novice and experienced sailors. The organization also plays a vital role in preserving historical sailing vessels, ensuring the maintenance of their nautical significance. Through these efforts, it encourages a deeper appreciation for maritime heritage while providing educational opportunities that enrich the sailing experience for all members.




This information is meant to be a general summary of Myth & Barnegat Restoration Society 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
$471,061 (2023)
Expenses
$922,880 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $54,907
  • Gross Receipts: $471,061

Assets and Liabilities:

  • Total Assets: $1,665,517
  • Total Liabilities: $1,268
  • Net Assets: $1,664,249

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Organization Details

Founding Year

2012

Principal Officer

Peter Kellogg

NTEE Category

Code: N99 - Recreation

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