Port Jefferson Yacht Club Foundation Inc
- Assets
- $305.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Port Jefferson, NY
- Founding
- 01/2012
- Data as of
- 12/2021
- EIN
- 45-1778929
Organization Overview
Port Jefferson Yacht Club Foundation Inc is located in Port Jefferson, NY. The organization was established in 2012. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Port Jefferson 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 12/2021, Port Jefferson Yacht Club Foundation Inc generated $112.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $114.3k during the year ending 12/2021. While expenses have increased by 9.7% per year over the past 5 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE REGATTA, HELD IN SEPTEMBER, ALL PROCEEDS AFTER DIRECT EXPENSES ARE USED TO FUND PANCREATIC CANCER RESEARCH THROUGH THE LUSTGARTEN FOUNDATIONAND THE PALLIATIVE CARE UNIT OF MATHER HOSPITAL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Passavia President | 2 | $0 | |
Karl Janhsen Treasurer | 1 | $0 | |
Charles Chiaramonte Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $112,012 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $112,012 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $114,251 |
| Total expenses | $114,251 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $305 |
| Other assets | $0 |
| Total assets | $305 |
| Total liabilities | $0 |
| Net assets or fund balances | $305 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Port Jefferson Yacht Club Foundation Inc has recieved totaling $10,005.
| Awarding Organization | Amount |
|---|---|
Arnhold Foundation Inc New York, NY PURPOSE: GENERAL FUND | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bny Mellon Charitable Gift Fund Boston, MA | $342,614,894 | $208,280,795 |
Keren Keshet-The Rainbow Foundation New York, NY | $212,134,789 | $28,921,665 |
Roswell Park Alliance Foundation Buffalo, NY | $159,422,911 | $37,424,046 |
World Of Giving Inc Spring Valley, NY | $6,086,190 | $25,054,815 |
Chapel & York Us Foundation Inc New York, NY | $7,715,489 | $28,773,311 |
Give Lively Foundation Inc New York, NY | $21,044,109 | $22,415,300 |
Greater Hartford Community Foundation Inc Hartford, CT | $8,414,279 | $22,150,705 |
Harlem Rbi Incorporated New York, NY | $85,587,058 | $22,268,250 |
Partnership Schools New York, NY | $64,379,139 | $24,282,663 |
Feeding Pennsylvania Lemoyne, PA | $10,818,120 | $21,841,545 |
Royal College Of Art Usa Inc New York, NY | $1,933,182 | $14,916,047 |
Imago Dei Fund Boston, MA | $57,020,766 | $29,637,241 |