Braintree Yacht Club Inc

Organization Overview

Braintree Yacht Club Inc is located in Braintree, MA. The organization was established in 1988. 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 12/2021, Braintree Yacht Club Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Braintree 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 12/2021, Braintree Yacht Club Inc generated $277.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $211.9k during the year ending 12/2021. While expenses have increased by 0.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE BOATING OF EVERY KING TO ENCOURAGE ALL FORMS OF BOATING TO PROVIDE FOR SOICLA ADVANCEMENT AND ENTERTAINMENT OF IT'S MEMBERS

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATIONS OF THE ENTITY


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Board, Officers & Key Employees

Name (title)Compensation
Bob Gustafson
Vice Commodore
$0
John Collins
Commodore
$0
Paul Cavallaro
Treasurer
$0
Michael Samspon
Secretary
$0
Michael Dioon
Rear Commodore
$0
John Wong
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$269,713
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$269,713
Total Program Service Revenue$0
Investment income $3,637
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $3,700
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 $0
Miscellaneous Revenue$0
Total Revenue $277,050

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