Savin Hill Yacht Club

Organization Overview

Savin Hill Yacht Club is located in Dorchester, MA. The organization was established in 1942. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Savin Hill Yacht Club employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Savin Hill Yacht Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 12/2021, Savin Hill Yacht Club generated $429.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $506.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE YACHTING AND GOOD FELLOWSHIP

Describe the Organization's Program Activity:

Part 3 - Line 4a

MAINTAIN A YACHT CLUB THAT PROMOTES YACHTING AND GOOD FELLOWSHIP AND WELCOMES MEMBERS FROM OTHER YACHT CLUBS ON AN EXCHANGE BASIS


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Board, Officers & Key Employees

Name (title)Compensation
Steve Kavanagh
Commodore
$0
Brian Bosman
Treasurer
$0
Ryan Murphy
Vice Commodore
$0
Bill Finn
Rear Commodore
$0
Reed Cournoyer
Secretary
$0
Sean Kane
Financial Secre
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$335,822
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$335,822
Total Program Service Revenue$2,200
Investment income $1,006
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $90,595
Miscellaneous Revenue$0
Total Revenue $429,623

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