Centerboard Yacht Club

Centerboard Yacht Club

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010273431 ✦ South portland, ME ✦ Designated as a 501(c)(7)

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Overview

What is Centerboard Yacht Club?

The Centerboard Yacht Club, located in South Portland, Maine, is a nonprofit organization dedicated to fostering the sport of yachting. Their primary mission involves promoting seamanship, navigation, and small boat handling. The club takes pride in maintaining a suitable Clubhouse and offers facilities and anchorage for its members and guests. With a team of six dedicated individuals, the Centerboard Yacht Club plays an essential role in nurturing the love for yachting in their community.

Is Centerboard Yacht Club legitimate?

Centerboard Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Centerboard 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: $29,755

For more financial information, click here

What is the mission statement of Centerboard Yacht Club?

The Centerboard Yacht Club's mission is centered around fostering the sport of yachting and enhancing the knowledge of sailing-related skills such as seamanship and navigation. The club's objective also includes maintaining a suitable clubhouse to serve its members and guests. In essence, the club aims to encourage yachting activities, advance the understanding of sailing techniques, and provide a suitable space for its members and guests.

Who is the CEO of Centerboard Yacht Club?

Wickes Rossiter is the Commodore of Centerboard Yacht Club.

What is the revenue of Centerboard Yacht Club?

Centerboard Yacht Club's revenue in 2022 was $215,605.

Who are the executives of Centerboard Yacht Club and what are their salaries?

The average compensation at Centerboard Yacht Club during 2022 was $4,959. There are 6 employees and 80 volunteers at Centerboard Yacht Club.


Here are 11 key members and their salaries:


Eben Rose (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marshall Pillsbury (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dick Curry (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wickes Rossiter (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Fream (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Blenkhorn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eileen Hetrick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Foley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chip Gavin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Ocampo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Purdy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Centerboard Yacht Club?

Centerboard Yacht Club's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Centerboard Yacht Club

Centerboard Yacht Club, a distinguished organization, is dedicated to fostering the sport of yachting and enhancing the knowledge of seamanship and navigation. One of its primary objectives is to promote the art of small boat handling. The club also takes pride in maintaining a suitable clubhouse, serving as a hub for its members and guests who share a passion for yachting. The club's activities and facilities encourage the growth of this nautical sport, providing a conducive environment for members to hone their skills and enjoy the camaraderie that comes with this shared interest.

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Impact




October, 2024

Centerboard Yacht Club plays a significant role in enhancing the yachting community in South Portland, Maine. By promoting the sport of yachting and emphasizing the importance of seamanship, navigation, and small boat handling, the club fosters a culture of skill development and safety among its members. The facilities and anchorage provided by the club not only support recreational activities but also create a welcoming environment for yachting enthusiasts, facilitating social interactions and community building.

The club's commitment to maintaining a suitable clubhouse further enriches the experience of its members and guests, serving as a hub for events, education, and camaraderie. By engaging individuals in the joys of sailing and seamanship, Centerboard Yacht Club not only promotes a love for the water but also contributes to the local economy through increased tourism and recreational activities. Overall, the club has a far-reaching impact on both individuals and the broader community, shaping the future of yachting in the region.




This information is meant to be a general summary of Centerboard 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.

Revenue
$215,605 (2022)
Expenses
$216,677 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $7,993
  • Program Service Revenue: -$258
  • Gross Receipts: $217,614

Assets and Liabilities:

  • Total Assets: $1,702,808
  • Total Liabilities: $379,632
  • Net Assets: $1,323,176

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Organization Details

Founding Year

1937

Principal Officer

Wickes Rossiter

Main Address

PO Box 2123, South Portland, ME, 04116

NTEE Category

Code: N50 - Recreation

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