Public Charity

REGATTA POINT COMMUNITY SAILING INC

Based in SHREWSBURY, MA, REGATTA POINT COMMUNITY SAILING INC operates as a Public Charity. The organization reported $729K in revenue, $930K in expenses, $174K in total assets for fiscal year 2024. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $10K.

EIN: 042309329 SHREWSBURY, MA Physical Fitness & Community Recreational Facilities NTEE: N30 Latest filing: 2024
Total Revenue$729K
Total Expenses$930K
Total Assets$174K
Grant Records1
Funding Total$10K
Filing Years2019–2024

Mission

PROVIDE RECREATIONAL SAILING, ROWING AND PADDLING ACTIVITY AND TRAINING THROUGH PROGRAMS AND MEMBERSHIPS TO THE GENERAL PUBLIC AT A LOW COST

Where $100 goes at Regatta Point Community Sailing Inc

How Regatta Point Community Sailing Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$64 Programs the work itself
$36 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $64 for programs

$64
Low cost sailing, rowing, paddling and instruction made available to the public
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TREASURER Francis Reardon
VICE PRESIDENT, CLERK Gregory Root
DIRECTOR Michael Aghajanian
PRESIDENT Robert Levada Jr

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $729K $930K $174K
2023 $409K $385K $251K
2022 $358K $362K $225K
2020 $142K $180K $150K
2019 $342K $342K $40K

Between 2019 and 2024, reported annual revenue grew from $342K to $729K (+113%), with total assets most recently reported at $174K.

Interactive year-over-year charts and full filing details available with membership.

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