NonprofitsOcean City Yacht Club Foundation Inc

Recreation & Sports

Ocean City Yacht Club Foundation Inc

OCEAN CITY, NJ

Total revenue

$56K

Total expenses

$28K

Net assets

$119K

Grants received

$4K

3 grants

EIN

850863199

Tax year

2024

Mission

To provide opportunities to foster local excellence in amateur maritime activities and competitions; to support students in maritime related higher education; to contribute to maritime related charitable and educational organizations, and to maintain and exhibit the foundation's collections of artwork and other articles of historical importance and to provide educational programs on maritime history and related topics.

Financials

FY 2024

Revenue

Contributions & grants$52K
Program service revenue$4K
Investment income
Other revenue
Total revenue$56K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$27K
Total expenses$28K
Total assets$125K
Net assets$119K

People

7 listed

NameRoleCompensation

DAVID YHLEN

TREASURER

Board

0

BRAD JUNGELS

TRUSTEE/DIRE

Board

0

DARLENE TORZOLINI

SECRETARY

Board

0

KAREN MAYER

TRUSTEE

Board

0

KATE DOMS

TRUSTEE

Board

0

SARA MAGGITTI

TRUSTEE

Board

0

CHARLES SESSA JR

CHAIRMAN

Board

0

Grants received

Showing 3 of 3

FromAmountPurposeYear
$2K
SUPPORT OF DAILY
2023
$1K
Matching Gifts
2023
$500
Matching Gifts
2023

Funded by

$4K from 2 funders · 3 grants · 2023

Hager Foundation

$2K · 1 grant · 2023

Chubb Charitable Foundation

$2K · 2 grants · 2023

Details

EIN850863199
NTEE codeN67
Subsection03
Ruling date2020-07
OCEAN CITY YACHT CLUB FOUNDATION INC — Mission, Financials & Grants Received | Grantivo