Raritan Yacht Club

Organization Overview

Raritan Yacht Club is located in Perth Amboy, NJ. The organization was established in 1942. 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, Raritan Yacht Club employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Raritan Yacht Club 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, Raritan Yacht Club generated $871.9k 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 (4.2%) each year. All expenses for the organization totaled $772.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 7 years. 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

A MEMBERSHIP ORGANIZATION

Describe the Organization's Program Activity:

Part 3 - Line 4a

SAILING PROGRAM - CITY AND CLUB YOUTH


RACE AND REGATTA - FOR BAY AND AREA PARTICIPANTS


DOCK AND YARD - FOR COLLEGIATE SAILING TEAM, CLUB


LAUNCH - SERVICE FOR CLUB MEMBERS AND RECIPROCATING SALARIES & PAYROLL TAXES OF BAR EMPLOYEES SALARIES, PAYROLL TAXES & MISC EXPENSES OF GALLEY


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Board, Officers & Key Employees

Name (title)Compensation
Jose Pla
Commodore
$0
Kelly Robinson
Vice-Commodore
$0
Valentin Vechnyak
Rear Commodore
$0
Eric Kolts
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$504,611
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$504,611
Total Program Service Revenue$69,217
Investment income $3,606
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 $146,754
Miscellaneous Revenue$0
Total Revenue $871,879

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Raritan Yacht Club has recieved totaling $3,000.

Awarding OrganizationAmount
Rothschild Foundation Inc

Monroe Township, NJ

PURPOSE: EDUCATION

$3,000
View Grant Recipient Profile

Peer Organizations

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