NonprofitsToms River Yacht Club

Toms River Yacht Club

TOMS RIVER, NJ

Total revenue

$1.3M

Total expenses

$1.4M

Net assets

$2.1M

Grants received

$434K

1 grants

EIN

210625526

Tax year

2024

Mission

To provide recreation facilities for adults & junior sailing and dining facilities for use by members.

Programs

4 programs

The Club has dining facilities for its members. The facility is available for parties for members and guests. Several dinners will be held in conjuction with regattas. The Club makes its facilities available (on a non-fee basis) for meetings to many non-profit groups, such as the BBYRA, NJ State Boating Commission, Island Heights Sailing Foundation and other yacht clubs in the area.

Toms River Yacht Club holds a Club liquor license. The Club sells beverages to its members and guests. Sales are made at social events and after sailing regattas.

Other Program Services

Toms River Yacht Club has a pool and snack bar operation during the summer season for its members and guests of members.

Financials

FY 2024

Revenue

Contributions & grants$666K
Program service revenue$393K
Investment income$55K
Other revenue$177K
Total revenue$1.3M

Expenses

Grants paid
Salaries & benefits$449K
Fundraising
Other expenses$976K
Total expenses$1.4M
Total assets$2.6M
Net assets$2.1M

People

12 listed

NameRoleCompensation

AJ Bailey

Board of Govnrs

Board

5 hrs/wk

Brian Gabriel

Board of Govrns

Board

5 hrs/wk

John Herrick

Board of Govnrs

Board

5 hrs/wk

George Burger

Board of Govrnr

Board

5 hrs/wk

Steve Glawson

Board of Govnrs

Board

5 hrs/wk

Mandie Rhodes

Commodore

Board

10 hrs/wk

Bob Baxter

Vice Commodore

Board

10 hrs/wk

Mike Paccione

Rear Commodore

Board

10 hrs/wk

Kevin Hart

Fleet Captain

Board

10 hrs/wk

Sheila Torpey

Secretary

Board

10 hrs/wk

Matthew Ward

Treasurer

Board

20 hrs/wk

Steven Farley

Manager

Staff

40 hrs/wk

Independent contractors

R Kremer & Son Marine Contractors LLC

Dock Work

Grants received

Showing 1 of 1

FromAmountPurposeYear
$434K
For construction of sailing center
2020

Funded by

$434K from 1 funder · 1 grant · 2020

Details

EIN210625526
Subsection07
Ruling date1965-02
Formed1871
Employees55
Volunteers100
TOMS RIVER YACHT CLUB — Mission, Financials & Grants Received | Grantivo