NonprofitsMasons Island Yacht Club Inc

Masons Island Yacht Club Inc

MYSTIC, CT

Total revenue

$609K

Total expenses

$509K

Net assets

$1.3M

Grants received

EIN

060714276

Tax year

2024

Mission

To encourage the sport of yachting, provide a place for community entertainment and promote social interaction, recreation and improvment of its members.

Programs

2 programs

Tennis & bocce - these programs provide tennis & bocce facilities to the yacht club members and their guests. The program also provides instruction to junior and adult members via group clinics and private lessons given by a summer tennis professional. The program includes tournaments for both juniors and adults.

Expenses: $11K

Entertainment - this program provides various social events throughout the year for club members and guests. These events include picnics, cocktail parties, lobsterfest, dinners and movie nights. Junior members also have various activities incuding a 4th of july bike parade and parties.

Expenses: $66K

Financials

FY 2024

Revenue

Contributions & grants$323K
Program service revenue$170K
Investment income$18K
Other revenue$98K
Total revenue$609K

Expenses

Grants paid
Salaries & benefits$126K
Fundraising
Other expenses$383K
Total expenses$509K
Total assets$1.3M
Net assets$1.3M

People

6 listed

NameRoleCompensation

KEVIN MILLER

COMMODORE

Board

15 hrs/wk

JODY PHILLIPS CLARK

VICE COMMODRE

Board

10 hrs/wk

JIM WILSON

REAR COMMODORE

Board

5 hrs/wk

SARAH LEE WILLEY

SECRETARY

Board

5 hrs/wk

DAVID LUDWIG

TREASURER

Board

20 hrs/wk

VARIOUS TRUSTEES - 7 TOTAL

TRUSTEE

Board

5 hrs/wk

Details

EIN060714276
Subsection07
Ruling date1976-10
Formed1923
Employees18
Volunteers0
MASONS ISLAND YACHT CLUB INC — Mission, Financials & Grants Received | Grantivo