Overview
What is Kollegewidgwok Yacht Club?
Kollegewidgwok Yacht Club is a nonprofit organization dedicated to fostering sailing and leisure activities. Their primary mission involves establishing and managing a Yacht Club for member's benefit, promoting yachting and yacht races as amateur sports, and offering various amenities such as a Club house, maintained boats, landing stages, and other conveniences. Their purpose is to provide members with a range of privileges, encouraging an engaging and enjoyable sailing experience.
Official website here: www.kollegewidgwokyc.com
Is Kollegewidgwok Yacht Club legitimate?
Kollegewidgwok Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Kollegewidgwok Yacht Club submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $122,158
For more financial information, click here
Official website here: www.kollegewidgwokyc.com
What is the mission statement of Kollegewidgwok Yacht Club?
The Kollegewidgwok Yacht Club, in its mission, aims to foster sailing and recreational activities. It serves its members by establishing and managing a Yacht Club, promoting yachting and yacht racing as amateur sports, and offering a Clubhouse, well-maintained boats, landing stages, and various conveniences. The club's purpose is to provide its members with the usual privileges associated with such an establishment.
Official website here: www.kollegewidgwokyc.com
Who is the CEO of Kollegewidgwok Yacht Club?
Tom Morris is the Commodore of Kollegewidgwok Yacht Club.
Official website here: www.kollegewidgwokyc.com
What is the revenue of Kollegewidgwok Yacht Club?
Kollegewidgwok Yacht Club's revenue in 2022 was $406,323.
Official website here: www.kollegewidgwokyc.com
Who are the executives of Kollegewidgwok Yacht Club and what are their salaries?
The average compensation at Kollegewidgwok Yacht Club during 2022 was $7,186. There are 17 employees at Kollegewidgwok Yacht Club.
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Official website here: www.kollegewidgwokyc.com
Where can I find the form 990 for Kollegewidgwok Yacht Club?
Kollegewidgwok Yacht Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kollegewidgwokyc.com
Learn more at the official website: www.kollegewidgwokyc.com
Mission Statement of Kollegewidgwok Yacht Club
Kollegewidgwok Yacht Club is an organization dedicated to the promotion of sailing and recreation. Its mission is multi-faceted, encompassing the establishment, maintenance, and conduct of a Yacht Club for the benefit of its members. The club strives to foster an environment that encourages yachting and yacht racing as amateur sports. To achieve this, Kollegewidgwok Yacht Club provides a Club house, meticulously maintains boats and landing stages, and offers various conveniences to its members. The club's mission extends beyond its members, aiming to provide them with all the usual privileges associated with such memberships. By doing so, Kollegewidgwok Yacht Club plays a significant role in promoting sailing and recreation, offering a platform for enthusiasts to engage in these activities and enjoy the camaraderie that comes with being part of a yacht club.
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Impact
October, 2024
Kollegewidgwok Yacht Club significantly enhances the community of Blue Hill, Maine, by fostering a vibrant sailing and recreational culture. By establishing a dedicated space for sailing enthusiasts, the club provides a platform for members to engage in yachting and yacht racing as amateur sports. This not only promotes physical activity and outdoor enjoyment but also cultivates camaraderie among members who share a passion for the water.
The club's efforts to maintain boats, landing stages, and a clubhouse create essential conveniences that enrich the sailing experience. Members benefit from a wide range of privileges, which facilitates a strong sense of belonging and community. As a result, Kollegewidgwok Yacht Club plays a pivotal role in promoting a healthy, active lifestyle, while also supporting the local economy through events and gatherings related to sailing and recreation.
This information is meant to be a general summary of Kollegewidgwok Yacht Club. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $15,010
- Program Service Revenue: $236,720
- Gross Receipts: $565,002
Assets and Liabilities:
- Total Assets: $1,402,066
- Total Liabilities: $69,540
- Net Assets: $1,332,526
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$220,480
CLUB SERVICES
Revenue
$7,850
CLUB SERVICES TO NONMEMBERS
Revenue
$4,320
INITIATION FEES
Revenue
$2,681
MISCELLANEOUS
Revenue
$1,389
Organization Details
Founding Year
1950
Phone
(207) 374-5581Principal Officer
Tom Morris
Main Address
PO BOX 368, BLUE HILL, ME, 04614
Website
www.kollegewidgwokyc.comNTEE Category
Code: N50 - Recreation
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