North East River Yacht Club Inc

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

EIN: 520567737 ✦ North east, MD ✦ Designated as a 501(c)(7)

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Overview

What is North East River Yacht Club Inc?

North East River Yacht Club Inc is a nonprofit organization situated in North East, Maryland. Its primary focus is to encourage and support the sport of boating and enhance the knowledge of seamanship and navigation. The club provides a suitable clubhouse, anchorage, and piers for its boating members, serving as a recreational hub for them. With a dedicated team of 17 individuals, the North East River Yacht Club Inc aims to foster a community that shares a passion for boating and nautical pursuits.


Official website here: www.neryc.com

What do the Facebook reviews say about North East River Yacht Club Inc?

90% of 38 reviewers on Facebook recommend North East River Yacht Club Inc. Here is a summary of their reviews:

The nonprofit has been praised for providing enjoyable experiences, with attendees highlighting the combination of great music, delicious food, and a friendly atmosphere. This welcoming and vibrant environment seems to resonate well with guests, contributing to a positive sense of community.

Overall, it appears that North East River Yacht Club Inc. successfully creates memorable evenings that foster social connections, making it a favored spot among its patrons.


This AI summary has been generated from reviews found on Facebook.

Is North East River Yacht Club Inc legitimate?

North East River Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. North East River Yacht Club 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: $193,967

For more financial information, click here


Official website here: www.neryc.com

What is the mission statement of North East River Yacht Club Inc?

The North East River Yacht Club Inc is a social organization with a primary focus on encouraging the sport of boating. It strives to promote the science of seamanship and navigation, offering its members suitable facilities for their recreational boating activities. The club provides a clubhouse, anchorage, and piers for the use of its members, aiming to enhance their boating experience. It is committed to offering recreational facilities that cater to the interests of its boating members.


Official website here: www.neryc.com

Who is the CEO of North East River Yacht Club Inc?

Chris Reno is the Immediate Past Commodore of North East River Yacht Club Inc.


Official website here: www.neryc.com

What is the revenue of North East River Yacht Club Inc?

North East River Yacht Club Inc's revenue in 2022 was $681,632.


Official website here: www.neryc.com

Who are the executives of North East River Yacht Club Inc and what are their salaries?

The average compensation at North East River Yacht Club Inc during 2022 was $11,410. There are 17 employees and 40 volunteers at North East River Yacht Club Inc.


Here are 7 key members and their salaries:


Claire Brechter (Immediate Past Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Lukeman (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Grove (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dick Martin (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ceil Keenan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Reno (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Romasco (Fleet Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.neryc.com

Where can I find the form 990 for North East River Yacht Club Inc?

North East River Yacht Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.neryc.com

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

Mission Statement of North East River Yacht Club Inc

The North East River Yacht Club Inc, as a social organization, is dedicated to fostering the sport of boating and enhancing the knowledge of seamanship and navigation. Their primary mission is to offer a conducive clubhouse, anchorage, and piers for the enjoyment of its boating members. Furthermore, the club aims to provide facilities for recreation, encouraging the pursuit of boating as a hobby. The North East River Yacht Club Inc serves as a platform for its members to engage in boating activities, while also promoting the science of navigation and seamanship.

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Impact




October, 2024

North East River Yacht Club Inc plays a vital role in fostering the boating community in North East, Maryland. By promoting the sport of boating and enhancing the understanding of seamanship and navigation, the club encourages individuals and families to engage in recreational activities on the water.

The provided clubhouse, anchorage, and piers serve as essential resources for boating members, creating a supportive environment where enthusiasts can gather, share experiences, and develop their skills. The club’s focus on recreation not only enriches the lives of its members but also contributes to local tourism and economic activity, drawing visitors who are interested in boating and marine activities.

Overall, North East River Yacht Club Inc is a key contributor to the vibrancy of the local boating culture, promoting enjoyment of the outdoors and nurturing a community centered around shared passions for recreation on the water.




This information is meant to be a general summary of North East River Yacht Club 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
$681,632 (2022)
Expenses
$622,562 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $537,124
  • Gross Receipts: $702,042

Assets and Liabilities:

  • Total Assets: $902,707
  • Total Liabilities: $1,628,769
  • Net Assets: -$726,062

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Programs

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

BURGEE LOUNGE INCOME

Revenue

$204,204

EVENT INCOME

Revenue

$98,352

Organization Details

Founding Year

1930

Principal Officer

Chris Reno

Main Address

PO BOX 267, NORTH EAST, MD, 21901

NTEE Category

Code: N50 - Recreation

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