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 12/2022, 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 12/2022, Raritan Yacht Club generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 9.7% per year over the past 4 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

MEMBERSHP SOCIAL CLUB ORGANIZATIONS

Describe the Organization's Program Activity:

Part 3 - Line 4a

SAILING PROGRAMS-CITY AND CLUB YOUTH


DOCK AND YARD FOR HIGH SCHOOL


RACE AND REGAATTA-FOR BAY AND AREA PARTICIPANTS


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Board, Officers & Key Employees

Name (title)Compensation
Valentin Vechnyak
Real Clommodore
$0
Eric Kolts
Treasurer
$0
Jose Fla
Commodore
$0
Kelly Roinson
Vice -Commodore
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$557,953
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$557,953
Total Program Service Revenue$74,286
Investment income $17,405
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 $231,483
Miscellaneous Revenue$0
Total Revenue $1,198,889

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