Quissett Yacht Club Inc

Organization Overview

Quissett Yacht Club Inc is located in Falmouth, MA. The organization was established in 1960. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Quissett Yacht Club Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quissett Yacht Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 12/2022, Quissett Yacht Club Inc generated $197.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $197.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE INSTRUCTION AND GUIDANCE IN A JUNIOR SAILING PROGRAM, BOATING PROGRAMS AND SOCIAL ACTIVITIES FOR MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE INSTRUCTION AND GUIDANCE IN A JUNIOR SAILING PROGRAM FOR 150 CHILDREN WITH 17 INSTRUCTORS. THE ORGANIZATION PARTICIPATES AND/OR HOSTS APPROXIMATELY 35 SMALL SAILBOAT RACES.


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Board, Officers & Key Employees

Name (title)Compensation
Weatherly Dorris
Commodore
$0
Tom Tullius
Vice Commodore
$0
Eric Karplus
Rear Commodore
$0
Maureen Lynch
Treasurer
$0
Daniel Robb
Secretary
$0
Alec Clowes
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$115,125
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$8,305
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$123,430
Total Program Service Revenue$71,818
Investment income $10
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $1,958
Miscellaneous Revenue$0
Total Revenue $197,273

Peer Organizations

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