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DEVONS FANCY AMAGANSETT INC

AMAGANSETT, NY · EIN 371784834 · Form 990 · FY2022 · NTEE S47 · Community Improvement · Micro (<$100K) · devonyc.com
revenue
$0
expenses
$81K
net assets
$-621K
employees
0
volunteers
6
program ratio
0%
mission · from form 990

HOLDING COMPANY FOR REAL ESTATE PURCHASED BY DEVON YACHT CLUB, INC.

profile · synthesized from sources

Private member-owned yacht club located in Amagansett, New York, focused on promoting yachting, seamanship, tennis, and community engagement. Offers sailing instruction for youth, one-design racing, and social events for members and guests. The club supports local community organizations and hosts an annual Fourth of July fireworks display.

named programs · 4 · from sources

What they call their work

Annual 4th of July Fireworks Display
Community event hosted since 1947, featuring fireworks by the Grucci Family for members and neighbors in Amagansett and East Hampton
Devon Junior Yacht Program
Summer sailing program for children aged 5-16 offering instruction in Optimists, Sunfish, Lasers, and Club 420s, with participation in regional regattas
Devon Yacht Club Gardiner’s Bay Scholarships
Annual college scholarships awarded to East Hampton High School seniors committed to marine environmental preservation
Lawrence E. Clarke ‘Round Gardiner’s Island Race
24-mile annual sailing race for adult sailors from the North and South Forks, held since the 1970s
activities · 5 groups

What they do

  • Recreational Boating and Sailing Programs 3 activities
    • Hosts annual long-distance sailing race around Gardiner’s Island
      Organizes the 24-mile Lawrence E. Clarke ‘Round Gardiner’s Island race annually, a tradition for over 50 years that draws sailors from the North and South Forks of Long Island.
    • Operates a private yacht club with recreational and competitive sailing programs
      Manages a member-owned yacht club on Gardiner's Bay in Amagansett, NY, offering recreational sailing, one-design and PHRF racing events from June through September, and maintaining a large fleet of Alerion Express 28s.
    • Provides youth sailing instruction and hosts youth regattas
      Offers summer sailing programs for children aged 5 to 16 using Optimists, Sunfish, Lasers, and Club 420s; includes participation in PGJSA regattas and hosts the annual PGJSA regatta that attracts hundreds of youth sailors from Suffolk County.
  • Environmental Conservation Grantmaking 1 activity
    • Donates land for public parks, beaches, and civic facilities
      Has donated significant land holdings for public use, including the Amagansett Library site, Fresh Pond and surrounding beach areas, and 1,300 acres that became Napeague State Park.
  • Local High School Scholarship Programs 1 activity
    • Funds college scholarships for marine environmental preservation
      Awards annual college scholarships to East Hampton High School seniors pursuing interests in marine environmental preservation.
  • Community Festival & Event Production 1 activity
    • Hosts annual Fourth of July fireworks display for the local community
      Organizes an annual fireworks event on July 4th for members and residents of Amagansett and East Hampton.
  • Community Foundation & United Way Support 1 activity
    • Supports local community and environmental organizations through donations
      Makes donations to local emergency services, food pantries, historical societies, shellfish hatcheries, and marine research foundations, including during the Covid-19 crisis.
financials · form 990 · fy2022
revenue
Total revenue$0
Contributions & grants$0
Program service revenue$0
Investment income$0
Other revenue$0
expenses
Total expenses$81K
Program expenses0%
Admin / overhead100%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$2.07M
Cash$0
Investments$0
Liabilities$2.69M
Net assets$-621K
Liquid reserves0.0 mo
1 years on record · 2022–2022
leadership · form 990 part vii · fy2022

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
PATRICIA HOLLMANN ASST. TREASURER & SECRETARY 1 $335K
board members · 5
  • DAVID SULLIVAN — PRESIDENT
  • GEOFFREY GRANT — VICE PRESIDENT
  • LOUISE COLLINS — VICE PRESIDENT
  • PATRICK COLEMAN — TREASURER
  • SETH HENDON — SECRETARY
relationships · 10

Who they work with

  • Amagansett Fire Department Partner — Supported through contributions and community collaboration.
  • Devon Yacht Club, Inc. Partner — Acquires real estate, for which DEVONS FANCY AMAGANSETT INC serves as a holding company.
  • East Hampton Town Shellfish Hatchery Partner — Supported through contributions and community collaboration.
  • East Hampton and Amagansett Ambulance Associations Partner — Received donations during the Covid-19 crisis.
  • East Hampton and Springs food pantries Partner — Received donations during the Covid-19 crisis.
  • Grucci Family Partner — Produces the annual Fourth of July fireworks display hosted by the Club.
  • Historical and Village Improvement Societies Partner — Supported through contributions and community collaboration.
  • Peconic Gardiner’s Junior Sailing Association Partner — Collaborates to host youth regattas, including the annual PGJSA regatta.
  • Reciprocal Clubs Network — Allows members from reciprocal clubs to visit and use facilities.
  • Riverhead Foundation for Marine Research Partner — Supported through contributions and community collaboration.
strategies · 2

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.

  • Progressive Sailing Engagement Model
    methodology: progressive_sailing_engagement
    By offering a continuum of sailing activities from instruction to competitive racing, the organization supports sustained member development and achievement because progressive challenges increase skill mastery and long-term commitment.
  • Youth Engagement Through Optimal Environmental Conditions
    methodology: youth_sailing_development
    By delivering youth sailing instruction in favorable local sailing conditions, the organization fosters early positive experiences that produce lifelong participation in maritime activities because enjoyable, accessible entry points increase retention and identity formation.