Overview
What is Eastern Yacht Club Inc?
Eastern Yacht Club Inc, established in 1956, is a nonprofit organization situated in Essex, Maryland. Spanning over 20 acres, the club offers a serene anchorage for 72 boats at the mouth of Middle River, just off the Chesapeake Bay. The clubhouse serves as a venue for various events, accommodating up to 200 guests. Its mission is to uphold high standards of boating, promote good navigation and seamanship, and provide mutual aid to its members. The club encourages various boat-related sports and social activities suitable for yachting. Members and their guests are granted exclusive access to the bar and enjoy a private beach, making Eastern Yacht Club Inc a friendly haven for yachting enthusiasts.
Official website here: www.easternyachtclub.com
Is Eastern Yacht Club Inc legitimate?
Eastern Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Eastern 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: $41,313
For more financial information, click here
Official website here: www.easternyachtclub.com
What is the mission statement of Eastern Yacht Club Inc?
The Eastern Yacht Club Inc is dedicated to upholding excellent boating standards. They strive to promote the art of good navigation, seamanship, and safety at sea. The club offers mutual aid and assistance to its members, fostering various sports related to boating and appropriate social activities suitable for yachting. They provide a suitable clubhouse and anchorage for their members' use and recreation, aiming to be known as the friendliest yacht club on the bay.
Official website here: www.easternyachtclub.com
Who is the CEO of Eastern Yacht Club Inc?
James Morin is the Commodore of Eastern Yacht Club Inc.
Official website here: www.easternyachtclub.com
What is the revenue of Eastern Yacht Club Inc?
Eastern Yacht Club Inc's revenue in 2023 was $422,703.
Official website here: www.easternyachtclub.com
Who are the executives of Eastern Yacht Club Inc and what are their salaries?
The average compensation at Eastern Yacht Club Inc during 2023 was $20,656. There are 2 employees and 25 volunteers at Eastern Yacht Club Inc.
Here are 6 key members and their salaries:
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Official website here: www.easternyachtclub.com
Where can I find the form 990 for Eastern Yacht Club Inc?
Eastern Yacht Club Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.easternyachtclub.com
Learn more at the official website: www.easternyachtclub.com
Mission Statement of Eastern Yacht Club Inc
The Eastern Yacht Club Inc, renowned for being "the friendliest yacht club on the bay," is dedicated to promoting excellence in boating. This esteemed organization aims to advance the principles of good navigation, seamanship, and safety at sea. Its mission extends beyond just boats, as it also endeavors to render aid and mutual assistance to its members. The club fosters various sports related to boating and organizes social activities that align with yachting's unique culture. Furthermore, the Eastern Yacht Club Inc provides its members with a suitable clubhouse and an anchorage, ensuring a comfortable space for leisure and recreation.
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Impact
October, 2024
Eastern Yacht Club Inc plays a crucial role in promoting high standards of boating and fostering a strong community among its members in Essex, Maryland. Established in 1956, the club serves both practical and social functions, providing a safe environment for boating enthusiasts to engage in their passion while ensuring good navigation, seamanship, and safety afloat.
The club's commitment to mutual assistance means that members can rely on each other for support, enhancing the overall boating experience. Furthermore, Eastern Yacht Club enhances local recreation by hosting various sports related to boating, encouraging skill development, and promoting lifelong learning in maritime activities.
The clubhouse serves as a vibrant social hub, accommodating parties, weddings, and events, allowing members to build personal connections and enjoy shared interests. The provision of a private beach and bar further enriches the experience, making it a perfect venue for relaxation and camaraderie. Overall, Eastern Yacht Club Inc fosters a sense of belonging and community, creating a welcoming atmosphere for both seasoned sailors and newcomers to the boating world.
This information is meant to be a general summary of Eastern 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $374,853
- Gross Receipts: $422,703
Assets and Liabilities:
- Total Assets: $131,457
- Total Liabilities: $0
- Net Assets: $131,457
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLUB HOUSE INCOME
Revenue
$257,272
CLUB SLIP FEES
Revenue
$82,795
CLUB AFFAIRS
Revenue
$23,875
OTHER INCOME
Revenue
$10,911
Organization Details
Founding Year
1957
Phone
(410) 686-3555Principal Officer
James Morin
Main Address
2330 SENECA ROAD, ESSEX, MD, 21221
Website
www.easternyachtclub.comNTEE Category
Code: N50 - Recreation
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