Overview
What is The New York Yacht Club?
The New York Yacht Club is a nonprofit organization, based on a shared passion for yachting and naval activities. With a mission to assemble like-minded individuals, they foster and cultivate this interest through various yachting and yacht racing endeavors. The club's activities are tax-exempt.
Official website here: www.nyyc.org
Is The New York Yacht Club legitimate?
The New York Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. The New York 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $1,185,609
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,815,254
For more financial information, click here
Official website here: www.nyyc.org
What is the mission statement of The New York Yacht Club?
The New York Yacht Club serves as a gathering place for individuals with a shared passion for yachting and naval activities. Its mission is to connect and engage a committed group of members in the pursuit of their yachting interests. By fostering a community of like-minded individuals, the club encourages the growth and development of yachting and yacht racing. The club's activities, which are tax exempt, aim to provide a platform for members to share their knowledge, skills, and experiences related to yachting.
Official website here: www.nyyc.org
Who is the CEO of The New York Yacht Club?
Peter P Benedetto Ii is the Commodore of The New York Yacht Club.
Official website here: www.nyyc.org
What is the revenue of The New York Yacht Club?
Who are the executives of The New York Yacht Club and what are their salaries?
The average compensation at The New York Yacht Club during 2022 was $33,560. There are 298 employees and 360 volunteers at The New York Yacht Club.
Here are 29 key members and their salaries:
- Timothy J Mccormick (Co-General Manager)
- James B Boyd (Co-General Manager)
- Michael Cronin Cpa (Comptroller)
- John Rellah Jr (Executive Chef)
- Timothy Hill Senior (Director Of Comm. & Member)
- Julia Garabedian Ruegg (Director Of Facilities)
- Matthew Delaney (Chief Engineering)
- Paul M Zabetakis Md (Commodore) [Trustee/Director]
- L Jay Cross (Vice Commodore) [Trustee/Director]
- Clare G Harrington (Rear Commodore) [Trustee/Director]
- Peter P Benedetto Ii (Secretary) [Trustee/Director]
- John C R Hele (Treasurer) [Trustee/Director]
- Edward Rockwell Cesare (Trustee)
- John J Fauth (Trustee)
- Susanne Leech (Trustee)
- Linda Linquist-Bishop (Trustee)
- Senet S Bischoff (Trustee)
- Peter Levesque (Trustee)
- Ralph U Whipple Jr (Trustee)
- Steven A Wolff (Trustee)
- Brian C Cox (Trustee)
- Austin T Fragomen Jr (Trustee)
- G Thompson Hutton (Trustee)
- Peter Clennen (Trustee)
- Benjamin E Kinney (Trustee)
- Forrest G Williams Ii (Trustee)
- James A Hilton (Trustee)
- D'Arcy Carr (Trustee)
- Belinda J Shepard (Trustee)
Official website here: www.nyyc.org
Where can I find the form 990 for The New York Yacht Club?
The The New York Yacht Club’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.nyyc.org
Learn more at the official website: www.nyyc.org
Mission Statement of The New York Yacht Club
The New York Yacht Club, a tax-exempt organization, serves as a gathering place for a committed group of individuals with a shared passion for yachting and naval activities. Its mission is twofold: first, to unite and assemble yachting enthusiasts and naval members; second, to cultivate and nurture their interest in sailing and yacht racing. By bringing like-minded people together, the club fosters a vibrant community where members can learn from one another, share experiences, and engage in stimulating activities related to their shared hobby.
Impact
This information is meant to be a general summary of The New York Yacht Club. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The New York Yacht Club has had a significant impact on the world of yachting and naval activities. It has played a crucial role in attracting and bringing together a dedicated group of individuals who share a common interest in yachting and yacht racing. By fostering a community of like-minded enthusiasts, the club has not only promoted the sport of yachting but has also helped to advance the culture and traditions associated with it. Through its activities and events, the New York Yacht Club has contributed to the growth and development of yachting as a recreational and competitive pursuit.
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 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DUES
Revenue
$9,837,255
CAPITAL CHARGES
Revenue
$2,243,804
ENTRANCE FEES
Revenue
$846,416
Organization Details
Founding Year
1865
Phone
(212) 382-1000
Principal Officer
Peter P Benedetto Ii
Main Address
37 WEST 44TH STREET, NEW YORK, NY, 100366613
Website
www.nyyc.org
NTEE Category
Code: N50 - Recreation
If you are a representative of The New York Yacht Club and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.