Riverside Yacht Club

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

EIN: 471293317 ✦ Essington, PA ✦ Designated as a 501(c)(7)

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Overview

What is Riverside Yacht Club?

The Riverside Yacht Club, situated in Essington, Pennsylvania, is a membership-driven organization primarily dedicated to fostering recreational boating on the Delaware River. Safety at sea and camaraderie among its members are the cornerstones of its activities. The club recognizes achievements of its elected officials, provides flags and supplies for new officers, extends sympathies to members in distress, and communicates with general members regarding boating matters. Its mission encompasses promoting boating safety, seamanship, and maintaining a harmonious environment among its members.


Official website here: www.rycessington.com

Is Riverside Yacht Club legitimate?

Riverside Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Riverside 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: $0

For more financial information, click here


Official website here: www.rycessington.com

What is the mission statement of Riverside Yacht Club?

The Riverside Yacht Club is a membership organization with a primary focus on promoting recreational boating on the Delaware River. Boating safety and seamanship are key elements of their activities, alongside fostering goodwill among members. The organization recognizes achievements of its elected members, provides flags and supplies for new officers, and extends bereavement notices to members in distress. Additionally, it maintains correspondence with its members regarding better boating matters.


Official website here: www.rycessington.com

Who is the CEO of Riverside Yacht Club?

John Denning is the President of Riverside Yacht Club.


Official website here: www.rycessington.com

What is the revenue of Riverside Yacht Club?

Riverside Yacht Club's revenue in 2022 was $80,788.


Official website here: www.rycessington.com

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


Here are 8 key members and their salaries:


Joseph Debenedictus (Recording Se)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Demarcantonio (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Denning (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Martin (Financial Se)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Carbone (Harbor Maste)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Cox (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Daino (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Micheal Morretti (Rear Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rycessington.com

Where can I find the form 990 for Riverside Yacht Club?

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


Official website here: www.rycessington.com

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

Mission Statement of Riverside Yacht Club

The Riverside Yacht Club, as a membership organization, is dedicated to fostering recreational boating on the Delaware River. Boating safety and seafaring skills are integral parts of their mission, alongside cultivating goodwill among their members. The club seeks to recognize and honor its elected members, provide flags and necessary supplies for new officers, and offer comforting messages in times of distress for its members through bereavement notices. Additionally, the Riverside Yacht Club engages in general correspondence related to better boating matters, aiming to enhance the overall boating experience for its members.

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Impact




October, 2024

Riverside Yacht Club has a significant impact on the local community by promoting recreational boating on the Delaware River. Its emphasis on boating safety and seamanship fosters a culture of responsible boating practices among its members, which enhances the safety of all river users. The club cultivates a sense of camaraderie and goodwill, creating a supportive environment where members can celebrate accomplishments, share knowledge, and encourage one another.

Through various activities and recognition for elected members, the club strengthens community ties and reinforces the importance of boating education. By providing resources such as flags for new officers and bereavement notices for members, Riverside Yacht Club ensures effective communication and community support. Overall, the club plays a vital role in not only promoting recreational boating but also in nurturing a connected and informed community centered around the Delaware River.




This information is meant to be a general summary of Riverside 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
$80,788 (2022)
Expenses
$78,300 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $19
  • Program Service Revenue: $21,890
  • Gross Receipts: $173,886

Assets and Liabilities:

  • Total Assets: $550,454
  • Total Liabilities: $0
  • Net Assets: $550,454

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Programs

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

RAFFLES

Revenue

$16,543

DOCK FEES

Revenue

$5,347

Organization Details

Founding Year

1908

Principal Officer

John Denning

Main Address

95 WANAMAKER AVENUE, ESSINGTON, PA, 19029

NTEE Category

Code: Z99 - Unknown

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