NonprofitsNiantic Bay Yacht Club Inc

Niantic Bay Yacht Club Inc

NIANTIC, CT

Total revenue

$461K

Total expenses

$510K

Net assets

$1.0M

Grants received

EIN

060684502

Tax year

2024

Mission

Extensive sailing and swimming programs provide participants(membership) with intensive instruction and unique experience in general navigation and seamanship.

Programs

5 programs

Dock and slip space rental program promotes navigation and seamanship by facilitating access to the water and the other programs related to the exempt purpose.

Expenses: $68K

Regattas promote seamanship, navigation and the unique experience of the sailing club.

Expenses: $37K

The social program enhances the unique experience of the sailing club and promotes seamanship.

Expenses: $16K

Swimming lessons are and essential part of training and related to the exempt function.

Expenses: $4K

Launch Fees program promotes navigation and seamanship by facilitating access to the water and the other programs related to the exempt purpose.

Financials

FY 2024

Revenue

Contributions & grants$284K
Program service revenue$152K
Investment income$5K
Other revenue$20K
Total revenue$461K

Expenses

Grants paid
Salaries & benefits$152K
Fundraising
Other expenses$358K
Total expenses$510K
Total assets$1.0M
Net assets$1.0M

People

13 listed

NameRoleCompensation

Cliff Ashton

Commodore

Board

5 hrs/wk

Steve Marenakos

Vice Commodore

Board

5 hrs/wk

Harlan Fredericksen

Rear Commodore

Board

2 hrs/wk

Pam Manthous

Past Commodore

Board

2 hrs/wk

Paul Grady

Treasurer

Board

5 hrs/wk

Theresa Colantuano

Recording Sec

Board

2 hrs/wk

Jessica Smith

Assistant Treas

Board

5 hrs/wk

Jenn Nemec

Corresp Sec

Board

2 hrs/wk

Norm Peck III

Membership Ch

Board

2 hrs/wk

Dick Morris

House Chair

Board

2 hrs/wk

Greg Dreisch

Plan. & Dev Ch

Board

2 hrs/wk

Bob Shabunia

Waterfront Ch

Board

2 hrs/wk

Pam Woodruff

Member at Large

Board

2 hrs/wk

Details

EIN060684502
Subsection07
Ruling date1962-08
Formed1940
Employees17
NIANTIC BAY YACHT CLUB INC — Mission, Financials & Grants Received | Grantivo