Manhasset Bay Yacht Club

Organization Overview

Manhasset Bay Yacht Club is located in Port Washington, NY. The organization was established in 1942. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Manhasset Bay Yacht Club employed 136 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Manhasset Bay 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, Manhasset Bay Yacht Club generated $6.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $5.6m during the year ending 12/2021. While expenses have increased by 3.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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 ATTRACT INDIVIDUALS & FAMILIES INTERESTED IN YACHTING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TAX EXEMPT CLUB ACTIVITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Catherine Caamano
General Manager
$156,269
Patrick Woodside
Executive Chef
$126,362
Peter Jamison
Dockmaster
$121,864
Ted Andel
Rear Commodore
$0
John Sweeney
Vice Commodore
$0
Aviva Pinto
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
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$0
Total Program Service Revenue$2,702,671
Investment income $63
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 $2,910,939
Miscellaneous Revenue$0
Total Revenue $6,227,857

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Montclair Golf Club
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$17,687,834
Greenwich Country Club
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$23,136,592

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