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MT SINAI YACHT CLUB INC

MT SINAI, NY · EIN 112113926 · Form 990 · FY2024 · Medium ($1M-$10M) · msyc.org
revenue
$1.1M
expenses
$1.1M
net assets
$1.1M
employees
55
program ratio
2%
mission · from form 990

SOCIAL CLUB

profile · synthesized from sources

Mount Sinai Yacht Club is a private social club located on Mount Sinai Harbor in New York. It provides marina services, dining, and recreational amenities for members and reciprocal club visitors. The club fosters a family-oriented community with year-round events and waterfront facilities, including a restaurant, bar, fuel dock, and access to moorings.

named programs · 4 · from sources

What they call their work

Clubhouse and Dining
Year-round operation of bar, restaurant, and outdoor deck with seasonal hours and member-hosted guest access
Marina Services
Provides 99-slip marina with power, water, and WiFi; fuel dock with gasoline and diesel; and dinghy dock for members and reciprocal club visitors
Member Events and Community
Organizes year-round social events and activities for members, fostering a family-oriented boating community
Reciprocal Visiting Program
Hosts visiting yachtsmen from reciprocal clubs, offering transient slips and moorings upon request
activities · 4 groups

What they do

  • Recreational Boating and Sailing Programs 2 activities
    • Operate a private marina and social club facility
      Operates a 99- to 100-slip marina with floating docks and full services including power, water, WiFi, fuel dock, dinghy dock, moorings, and launch service at a facility located on Mt. Sinai Harbor in Mount Sinai, New York. The marina supports members and visiting boaters seasonally, with operational hours and services including fuel sales (diesel and 89 octane gasoline) from 8am to 6pm during the season.
    • Provide public access to recreational harbor and beach areas
      Facilitates access to Cedar Beach for fishing, swimming, and viewing sunsets over Long Island Sound, supporting public recreational use in conjunction with the club’s location on Mt. Sinai Harbor.
  • Private Social and Recreational Clubs 1 activity
    • Host member events and community programming
      Maintains a year-round calendar of events for members, including during the off-season, fostering a welcoming community for boaters and non-boaters, young families, and long-term members.
  • Community Service Office Operations 1 activity
    • Operate a visitor-facing business office
      Maintains a business office open Wednesday through Sunday to respond to visitor inquiries, supporting marina and club operations.
  • Private Club Dining Services 1 activity
    • Provide clubhouse and hospitality amenities for members and guests
      Operates a full-service clubhouse with a restaurant, bar, professional kitchen, outdoor deck, barbeques, restrooms, showers, and private parking, open year-round for members, guests, and reciprocal club members. The facility includes indoor and outdoor social spaces with harbor views and is available for private parties and events.
financials · form 990 · fy2024
revenue
Total revenue$1.11M
Contributions & grants$00%
Program service revenue$804K73%
Investment income$00%
Other revenue$304K
expenses
Total expenses$1.13M
Program expenses2%
Admin / overhead98%
Fundraising0%
Salaries & benefits$427K
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$1.20M
Cash$665K
Investments$0
Liabilities$107K
Net assets$1.09M
Liquid reserves7.1 mo
3 years on record · 2020–2024 · YoY revenue +3.8%
leadership · form 990 part vii · fy2024

Who runs it

board members · 2
  • EILEN KELLY — TRUSTEE
  • MICHAEL SCHUSTER — TRUSTEE
relationships · 2

Who they work with

  • Reciprocal Clubs Network — Partners with other yacht clubs to allow access for members of those clubs.
  • Town of Brookhaven Government — Collaborates on pump-out services in Mount Sinai Harbor, including operation of a pump-out boat and dockage services.
strategies · 3

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Member-Driven Community Model
    methodology: member-driven_operations
    By relying on member participation and shared responsibility, we sustain club operations and foster a strong, inclusive community, because collective ownership enhances engagement and continuity of traditions.
  • Reciprocal Access Network
    methodology: reciprocal_access
    By offering facility access to visiting yachtsmen through reciprocal membership agreements, we expand value for members and promote goodwill among peer clubs, because shared access strengthens broader nautical community ties.
  • Tradition-Based Inclusive Community Building
    methodology: tradition-based_community_building
    By integrating long-standing traditions with the inclusion of new members, we create a lasting, year-round community, because shared rituals and values strengthen social bonds and support intergenerational continuity.