Logo

Employer Identification Number 04-1860160

SQUANTUM YACHT CLUB is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:SQUANTUM YACHT CLUB
Employer identification number (EIN):04-1860160
EIN Issuing AuthorityBrookhaven, NY
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementSQUANTUM YACHT CLUB PROVIDES ITS MEMBERS WITH BOATING AND YACHT SUPPORT SERVICES. IT ALSO PROMOTES BOAT SAFETY AND SPONSORS BOTH ADULT AND YOUTH BOATING ACTIVITIES. SQUANTUM YACHT CLUB HAS PROMOTED BOATING IN QUINCY BAY AND SURROUNDING WATERS SINCE THE LATE 1800S. THE CLUB HAS 80 REGULAR MEMBERS, 45 LIFE MEMBERS AND 35 SOCIAL MEMBERS. IT RUNS A JUNIOR SAILING PROGRAM FOR BOTH MEMBER AND NON-MEMBER CHILDREN IN THE COMMUNITY (AGES 8- 17). THE SQUANTUM YACHT CLUB HAS BEEN HOSTING THE LIPTON CUP REGATTA IN THE MONTH OF JULY FOR OVER 30 YEARS. IT DRAWS BOTH JUNIOR AND ADULT SAILORS FROM ALL OVER NEW ENGLAND. SQUANTUM YACHT CLUB ALSO PROVIDES FREE USAGE OF IT'S HALL TO THE QUINCY HIGH SCHOOL SPORTS TEAMS AND OTHER CIVIC ORGANIZATIONS.
Number of Employees3
Number of Volunteers80
Year Formed1890

Organization Governance

Legal DomicileMA
Voting Members - Governing Body10
Voting Members - Independent10

Organization Financials

2023-12-31
Total unrelated business incomeUSD $ 115,971
Net unrelated business incomeUSD $ 1,597
Program Service Revenue from prior yearUSD $ 242,661
Program Service Revenue from current yearUSD $ 325,655
Investment Income from prior yearUSD $ 84
Investment Income from current yearUSD $ 86
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 325,741
Net assets / fund balances at end of fiscal yearUSD $ 128,445
Net assets / fund balances at beginning of fiscal yearUSD $ 125,268
Total liabilities at end of fiscal yearUSD $ 9,034
Total liabilities at beginning of fiscal yearUSD $ 594
Total assets at end of fiscal yearUSD $ 137,479
Total assets at beginning of fiscal yearUSD $ 125,862
Revenues less expenses for current yearUSD $ 3,177
Revenues less expenses for previous yearUSD $ -35,246
Total expenses for current yearUSD $ 322,564
Total expenses for previous yearUSD $ 277,991
Other expenses in current yearUSD $ 240,537
Other expenses in previous yearUSD $ 214,544
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 82,027
Employee salary and benefits paid in previous yearUSD $ 63,447
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 325,741
Total revenue in previous fiscal yearUSD $ 242,745
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2022-12-31
Total unrelated business incomeUSD $ 22,429
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 242,661
Investment Income from prior yearUSD $ 0
Investment Income from current yearUSD $ 84
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 242,745
Net assets / fund balances at end of fiscal yearUSD $ 125,268
Net assets / fund balances at beginning of fiscal yearUSD $ 160,514
Total liabilities at end of fiscal yearUSD $ 594
Total liabilities at beginning of fiscal yearUSD $ 3,050
Total assets at end of fiscal yearUSD $ 125,862
Total assets at beginning of fiscal yearUSD $ 163,564
Revenues less expenses for current yearUSD $ -35,246
Revenues less expenses for previous yearUSD $ 0
Total expenses for current yearUSD $ 277,991
Total expenses for previous yearUSD $ 0
Other expenses in current yearUSD $ 214,544
Other expenses in previous yearUSD $ 0
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 63,447
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 242,745
Total revenue in previous fiscal yearUSD $ 0
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2021-12-31
Gross receipts from all sourcesUSD $ 179,640
Net assets / fund balances at end of fiscal yearUSD $ 160,514
Net assets / fund balances at beginning of fiscal yearUSD $ 224,097
Total revenueUSD $ 179,640
Grants and similar amounts paidUSD $ 500
Employees salaries and other compensation and benefitsUSD $ 46,165
Fees and other payments to independent contractorsUSD $ 2,250
Total of all other expensesUSD $ 127,651
Total of all expensesUSD $ 205,608
Net assets or fund balances at end of yearUSD $ -25,968
Revenue from membership duesUSD $ 64,276
Total of other revenueUSD $ 32,326
Rent, utilities and maintenance costsUSD $ 29,042
2020-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 95,232
Program Service Revenue from current yearUSD $ 68,937
Investment Income from prior yearUSD $ 1,343
Investment Income from current yearUSD $ 823
Other Revenue from prior yearUSD $ 4,679
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 69,760
Net assets / fund balances at end of fiscal yearUSD $ 224,097
Net assets / fund balances at beginning of fiscal yearUSD $ 229,113
Total liabilities at end of fiscal yearUSD $ 19
Total assets at end of fiscal yearUSD $ 224,116
Total assets at beginning of fiscal yearUSD $ 229,113
Revenues less expenses for current yearUSD $ -5,016
Revenues less expenses for previous yearUSD $ -13,255
Total expenses for current yearUSD $ 74,776
Total expenses for previous yearUSD $ 114,784
Other expenses in current yearUSD $ 60,616
Other expenses in previous yearUSD $ 85,168
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 14,160
Employee salary and benefits paid in previous yearUSD $ 29,616
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 69,760
Total revenue in previous fiscal yearUSD $ 101,529
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 275

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 041860160

USA Mailing Address
PO BOX 67
QUINCY
MA
02170
Date first seen: 2007-07-01
Date last seen: 2024-07-31

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
S1 401k Lookup     VAT Lookup