Bay Shore Yacht Club Inc

Organization Overview

Bay Shore Yacht Club Inc is located in Bay Shore, NY. The organization was established in 1980. 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, Bay Shore Yacht Club Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bay Shore 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, Bay Shore Yacht Club Inc generated $295.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $228.2k during the year ending 12/2021. While expenses have increased by 2.2% 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

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

DURING THE FISCAL YEAR 2021, THERE WERE 195 MEMBERS OF THE BAY SHORE YACHT CLUB, INC. THE MEMBERS ENJOYED THE USE OF THE CLUBHOUSE AND GROUNDS, AS WELL AS, SAILING INSTRUCTION BY THE CERTIFIED SAILING INSTRUCTION COMMITTEE.


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Board, Officers & Key Employees

Name (title)Compensation
Thomas W Dein
Treasurer
$0
Sue Deruvo
Secretary
$0
Matt Rainis
Commodore
$0
Dave Deruvo
Rear Commodore
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$146,390
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$146,390
Total Program Service Revenue$146,873
Investment income $1,874
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 $295,137

Peer Organizations

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