Northport Yacht Club Inc

Organization Overview

Northport Yacht Club Inc is located in Northport, 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, Northport Yacht Club Inc employed 103 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northport Yacht Club Inc 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, Northport Yacht Club Inc generated $2.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $2.6m during the year ending 12/2021. While expenses have increased by 2.9% 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

PROVIDING YACHTING RELATED SERVICES TO ITS MEMBERS AND PROMOTING SAILING AND BOATING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MAINTENANCE OF WATERFRONT DOCKS AND LAUNCHES TO PROVIDE THOSE SERVICES AT HOURS CONVENIENT TO 300 MEMBERS AND THEIR FAMILIES


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Board, Officers & Key Employees

Name (title)Compensation
Theo Novak
Commodore
$0
Roberet C Polizzo Jr
Vice Commodore
$0
James Montalto
Rear Commodore
$0
Robert W Moseley
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$927,330
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$927,330
Total Program Service Revenue$453,592
Investment income $17
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 $0
Miscellaneous Revenue$0
Total Revenue $2,633,343

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