Marshfield Yacht Club

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

EIN: 510153599 ✦ Marshfield, MA ✦ Designated as a 501(c)(7)

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Overview

What is Marshfield Yacht Club?

The Marshfield Yacht Club, established in 1954, is a non-profit organization based in Marshfield, Massachusetts. Its primary purpose is to manage, operate, and facilitate a yacht club, providing an environment for boating, sailing, and entertaining activities. This community-focused association has a mission to bring individuals together and offers various opportunities for boat enthusiasts. With a dedicated team of nine employees, the Marshfield Yacht Club continues to uphold its tradition of fostering camaraderie and enjoyment in the world of boating.


Official website here: www.marshfieldyachtclub.com

Is Marshfield Yacht Club legitimate?

Marshfield Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Marshfield 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: $26,830

For more financial information, click here


Official website here: www.marshfieldyachtclub.com

What is the mission statement of Marshfield Yacht Club?

The Marshfield Yacht Club, established in 1954, was formed with a mission to function as a non-profit association. Its primary objective is to manage, run, and operate a yacht club, catering to the interests of boating and sailing. Furthermore, the club is dedicated to providing ample opportunities for entertainment. In essence, the Marshfield Yacht Club was established to bring people together for the enjoyment of boating, sailing, and social activities.


Official website here: www.marshfieldyachtclub.com

Who is the CEO of Marshfield Yacht Club?

Steve Robbins is the President/Commodore of Marshfield Yacht Club.


Official website here: www.marshfieldyachtclub.com

What is the revenue of Marshfield Yacht Club?

Marshfield Yacht Club's revenue in 2023 was $415,413.


Official website here: www.marshfieldyachtclub.com

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

The average compensation at Marshfield Yacht Club during 2023 was $2,981. There are 9 employees at Marshfield Yacht Club.


Here are 14 key members and their salaries:


Patrick Brennan (President/Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Robbins (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Cheverie (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Connolly (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Kerrigan Jr (Fleet Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Bernard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Rullis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Corwin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Roffo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Kerrigan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Twomey (Past Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gordan Hawes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Camelio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.marshfieldyachtclub.com

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

Marshfield Yacht Club's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.marshfieldyachtclub.com

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

Mission Statement of Marshfield Yacht Club

The Marshfield Yacht Club, established in 1954, was founded with a mission to act as a non-profit association. Its primary purpose is to manage, run, and operate a yacht club, catering to the interests of its members in the realms of boating, sailing, and entertainment. The club's mission is geared towards fostering a sense of unity and camaraderie among its members, providing them with a platform to engage in these activities in a well-organized and enjoyable manner.

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Impact




October, 2024

The Marshfield Yacht Club has fostered a vibrant community centered around boating, sailing, and entertainment since its establishment in 1954. By providing a dedicated space for water-related activities, it has become a hub for local residents to engage with one another, develop skills in sailing, and enjoy recreational opportunities. The club promotes a sense of camaraderie among its members, enhancing social ties and encouraging family-friendly activities.

Additionally, the club plays a significant role in the local economy by attracting visitors and hosting events that bring attention to the area. Its commitment to community engagement and recreation has made it a key player in promoting water sports and environmental stewardship, ensuring that the beautiful coastal resources are appreciated and preserved for future generations. Through its operations, the Marshfield Yacht Club not only enriches the lives of its members but also strengthens the broader community.




This information is meant to be a general summary of Marshfield 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
$415,413 (2023)
Expenses
$202,142 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $8,644
  • Program Service Revenue: $216,185
  • Gross Receipts: $745,509

Assets and Liabilities:

  • Total Assets: $1,043,010
  • Total Liabilities: $108,260
  • Net Assets: $934,750

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Programs

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

MEMBERSHIP INCOME:APPL

Revenue

$216,185

Organization Details

Founding Year

1954

Principal Officer

Steve Robbins

Main Address

PO BOX 663, MARSHFIELD, MA, 02050

NTEE Category

Code: N50 - Recreation

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