Program areas at Nantucket Yacht Club
Conducting normal operations of a Yacht Club for the benefit of its members.
Tennis tournaments, junior programs, lessons and clinics are offered to all members.
Waterfront facilities for the use of members to launch their boats.
Entertainment, racing and sailing are offered for the members to enjoy.
Who funds Nantucket Yacht Club
Grants from foundations and other nonprofits
Personnel at Nantucket Yacht Club
| Name | Title | Compensation | Date of data |
|---|
| Peter McEachern | General Manager | $356,481 | 2022-10-31 |
| Ken Wasserman | Director of Tennis | $120,762 | 2022-10-31 |
| Michelle Roberts | Communications Manager | $110,297 | 2021-10-31 |
| Vincent Raimo | Facilities Manager | $138,253 | 2022-10-31 |
| Lynell Vollans | Controller | $152,250 | 2022-10-31 |
| ...and 16 more key personnel |
Financials for Nantucket Yacht Club
| Revenues | FYE 10/2023 | FYE 10/2022 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $6,682,720 | $6,389,491 | 4.6% |
| Investment income and dividends | $40,036 | $668 | 5893.4% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $-148,223 | $-55,614 | -166.5% |
| Net gain from sale of non-inventory assets | $1,000 | $42,915 | -97.7% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $233,448 | $258,885 | -9.8% |
| Miscellaneous revenues | $216,827 | $223,124 | -2.8% |
| Total revenues | $7,025,808 | $6,859,469 | 2.4% |
Organizations like Nantucket Yacht Club
| Organization | Type | Location | Revenue |
|---|
| Port Washington Yacht Club | 501(c)(7) | Port Washington, NY | $6,285,277 |
| The Annapolis Yacht Club | 501(c)(7) | Annapolis, MD | $10,221,791 |
| Piping Rock Club | 501(c)(7) | Locust Valley, NY | $18,260,359 |
| The Club at Carlton Woods | 501(c)(7) | The Woodlands, TX | $24,641,353 |
| Duxbury Yacht Club | 501(c)(7) | Duxbury, MA | $5,375,913 |
| The Devon Yacht Club | 501(c)(7) | Amagansett, NY | $4,608,398 |
| Missouri Athletic Club | 501(c)(7) | Saint Louis, MO | $23,114,672 |
| Pine Brook Country Club | 501(c)(7) | Weston, MA | $12,691,089 |
| Brookside Country Club | 501(c)(7) | Canton, OH | $5,198,107 |
| Somerset COUNTRY CLUB | 501(c)(7) | Mendota Heights, MN | $3,133,089 |
Data update history
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 18, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 16, 2023
Updated personnel
Identified 4 new personnel
June 12, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Recreational clubsHeadquarter / parent organizations
Issues
Human servicesSports
Characteristics
MembershipsState / local levelCommunity engagement / volunteering
General information
- Address
- 1 So Beach St PO Box 667
- Nantucket, MA 02554
- County
- Nantucket County, MA
- Website URL
- nantucketyachtclub.org/Â
- Phone
- (508) 228-1400
IRS details
- EIN
- 04-1649850
- Fiscal year end
- October
- Taxreturn type
- Form 990
- Year formed
- 1920
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- N50: Recreational, Pleasure, or Social Club
- NAICS code, primary
- 713910: Golf Courses and Country Clubs
- Parent/child status
- Central organization
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