NonprofitsPalmers Cove Yacht Club Inc

Palmers Cove Yacht Club Inc

SALEM, MA

Total revenue

$685K

Total expenses

$565K

Net assets

$1.7M

Grants received

EIN

041700347

Tax year

2024

Mission

To serve the boating needs of the membership of the palmer cove yacht club

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$549K
Investment income$37K
Other revenue$99K
Total revenue$685K

Expenses

Grants paid
Salaries & benefits$93K
Fundraising
Other expenses$472K
Total expenses$565K
Total assets$2.2M
Net assets$1.7M

People

9 listed

NameRoleCompensation

RICHARD MOURNEAU

DIRECTOR

Board

5 hrs/wk

MARK BELANGER

DIRECTOR

Board

5 hrs/wk

JAMES TANCH

COMMODORE/DIRECTOR

Board

5 hrs/wk

ERIC BERUBE

SECRETARY/DIRECTOR

Board

5 hrs/wk

LAURENCE ROBERTIE

TREASURER/DIRECTOR

Board

5 hrs/wk

SCOTT FLEET

DIRECTOR

Board

5 hrs/wk

MAURA VARNEY

VICE COMMODORE/DIRECTOR

Board

5 hrs/wk

JEFFREY PLOUFF

REAR COMMODORE/DIRECTOR

Board

5 hrs/wk

FRED PFEIL III

DIRECTOR

Board

5 hrs/wk

Details

EIN041700347
Subsection07
Ruling date1953-05
Formed1934
Employees10
Volunteers270
PALMERS COVE YACHT CLUB INC — Mission, Financials & Grants Received | Grantivo