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STONY BROOK YACHT CLUB INC

STONY BROOK, NY · EIN 111374565 · Form 990 · FY2024 · NTEE N67Z · Recreation & Sports · Medium ($1M-$10M)
revenue
$2.1M
expenses
$2.1M
net assets
$1.4M
employees
70
program ratio
68%
mission · from form 990

STONY BROOK YACHT CLUB, INC. WAS ORGANIZED TO ENCOURAGE THE SPORTS OF YACHTING AND BOATING, PROMOTE THE SCIENCE OF SEAMANSHIP AND NAVIGATION, AND TO PROVIDE AND MAINTAIN A SUITABLE CLUBHOUSE AND ANCHORAGE FOR THE RECREATION AND USE OF ITS MEMBERS.

profile · synthesized from sources

Stony Brook Yacht Club Inc. is a recreational organization based in Stony Brook, NY, established to promote yachting, boating, and seamanship. The club provides anchorage, a clubhouse, and social amenities for its members, supporting activities centered on nautical recreation and member engagement. It operates through member services including lagoon rentals, food, and bar offerings.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $302K
    LAGOON RENTAL - TO PROVIDE ANCHORAGE FOR ITS MEMBERS TO PROMOTE THESCIENCE OF SEAMANSHIP AND NAVIGATION, AND FOR THE RECREATION AND USE OFITS MEMBERS.
  2. #2 $227K
    BAR SERVICES FOR MEMBERSHIP
named programs · 3 · from sources

What they call their work

Bar Services for Membership
Provides drinks to members at the clubhouse facility as part of member social services.
Food Services
Offers meals to members at the clubhouse facility as a social and recreational amenity.
Lagoon Rental
Provides anchorage for members to support seamanship, navigation, and recreational boating.
activities · 2 groups

What they do

  • Private Club Dining Services 1 activity
    • Operates food and beverage services at clubhouse
      Provides food, bar, and drink services to members at the clubhouse facility as part of its member-supported operations.
  • Recreational Boating and Sailing Programs 1 activity
    • Provides anchorage and supports recreational boating
      Offers docking and anchorage services to members, promoting seamanship, navigation, and recreational boating activities.
financials · form 990 · fy2024
revenue
Total revenue$2.15M
Contributions & grants$00%
Program service revenue$1.94M90%
Investment income$00%
Other revenue$212K
expenses
Total expenses$2.08M
Program expenses68%
Admin / overhead32%
Fundraising0%
Salaries & benefits$914K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$3.26M
Cash$307K
Investments$0
Liabilities$1.89M
Net assets$1.38M
Liquid reserves1.8 mo
4 years on record · 2020–2024 · YoY revenue +6.3%
leadership · form 990 part vii · fy2024

Who runs it

board members · 7
  • CLAY CROUCH — Trustee
  • DAN OLIVERI — Secretary
  • DENNIS BOLOGNA — Trustee
  • ERNST DINDA — Trustee
  • JAMES MCDONALD — Trustee
  • MARK REITH — COMMODORE
  • VINCENT GARGANO — Trustee