Indian Harbor Yacht Club Foundation Inc
- Assets
- $175.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Greenwich, CT
- Founding
- 01/2011
- Data as of
- 09/2021
- EIN
- 27-3193524
Organization Overview
Indian Harbor Yacht Club Foundation Inc is located in Greenwich, CT. The organization was established in 2011. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indian Harbor Yacht Club Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Indian Harbor Yacht Club Foundation Inc generated $101.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (24.5%) each year. All expenses for the organization totaled $10.4k during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO RAISE FUNDS TO PRESERVE AND RESTORE THE HISTORICALLY AND ARCHITECTURALLY SIGNIFICANT CLUBHOUSE AND RELATED STRUCTURES AND GROUNDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David R Bechtel Secretary | 1.5 | $0 | |
Leonard B Shavel President | 1.5 | $0 | |
Beth Daigle Treasurer | 2 | $0 | |
Ray Gustin Director | 1.5 | $0 | |
Bud Sinclair Director | 1.5 | $0 | |
Russell Mckee Director | 1.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ridolfi Construction Llc Construction | 9/29/17 | $461,511 |
Altantic Marine Construction Construction | 9/29/17 | $346,388 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $101,861 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $21 |
| Gain or Loss | $1 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $101,883 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,868 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $345 |
| Other expenses | $5,220 |
| Total expenses | $10,433 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $175,825 |
| Other assets | $0 |
| Total assets | $175,825 |
| Total liabilities | $13,078 |
| Net assets or fund balances | $162,747 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Indian Harbor Yacht Club Foundation Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Abraham Kamber Foundation New York, NY PURPOSE: GENERAL SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Josef And Anni Albers Foundation Inc Bethany, CT | $32,115,057 | $7,525,828 |
Massachusetts Historical Society Boston, MA | $153,195,244 | $13,508,822 |
Statue Of Liberty Ellis Island Foundation Inc New York, NY | $69,211,443 | $8,809,212 |
Edward M Kennedy Institute For The United States Senate Inc Boston, MA | $123,530,650 | $3,733,081 |
Nantucket Historical Association Nantucket, MA | $54,222,410 | $8,695,480 |
Philos Project Inc New York, NY | $1,194,685 | $1,246,393 |
Adirondack Historical Association Blue Mountain Lake, NY | $85,481,091 | $8,305,125 |
Old Dartmouth Historical Society New Bedford, MA | $34,006,057 | $4,398,959 |
Longyear Foundation Chestnut Hill, MA | $89,717,861 | $3,937,071 |
Iyrs School Of Technology & Trades Newport, RI | $24,395,751 | $5,182,625 |
The Arthur Page Society New York, NY | $4,651,652 | $4,039,971 |
Connecticut Historical Society Hartford, CT | $72,727,103 | $6,569,476 |