Overview
What is Malletts Bay Boat Club?
The Malletts Bay Boat Club is a nonprofit, membership-led organization established in 1936. Situated in Colchester, Vermont, the club encourages and promotes sailing, boating, and water-related recreational activities on Lake Champaign. Members manage the club, and participation in various committees is expected. The clubhouse serves as a social hub, offering amenities such as bathrooms, showers, lockers, and a lounge. A sailing instruction program for children is also available. The club hosts numerous social events, including races and cruises, with a lively racing schedule and crewing opportunities for members. The Malletts Bay Boat Club provides a vibrant community for its members to enjoy sailing and boating activities on Lake Champaign.
Official website here: www.mbbc-vt.org
Is Malletts Bay Boat Club legitimate?
Malletts Bay Boat Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Malletts Bay Boat 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: $60,757
For more financial information, click here
Official website here: www.mbbc-vt.org
What is the mission statement of Malletts Bay Boat Club?
The Malletts Bay Boat Club is a not-for-profit organization, governed by its members, that aims to provide facilities and programs to foster and promote sailing, boating, and other water-related recreational activities on Lake Champaign. The club offers a variety of activities, including racing, cruising, educational programs, and family-oriented social events, catering to members of all ages. The perpetuation and enhancement of these facilities and programs are the responsibility of the entire membership, with the goal of providing enjoyment and benefits to its members.
Official website here: www.mbbc-vt.org
Who is the CEO of Malletts Bay Boat Club?
Jonathan Brooks is the Treasurer of Malletts Bay Boat Club.
Official website here: www.mbbc-vt.org
What is the revenue of Malletts Bay Boat Club?
Malletts Bay Boat Club's revenue in 2022 was $186,113.
Official website here: www.mbbc-vt.org
Who are the executives of Malletts Bay Boat Club and what are their salaries?
The average compensation at Malletts Bay Boat Club during 2022 was $4,340. There are 14 employees and 100 volunteers at Malletts Bay Boat Club.
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Official website here: www.mbbc-vt.org
Where can I find the form 990 for Malletts Bay Boat Club?
Malletts Bay Boat Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mbbc-vt.org
Learn more at the official website: www.mbbc-vt.org
Mission Statement of Malletts Bay Boat Club
The Malletts Bay Boat Club, a membership-governed organization, was established with a not-for-profit mission. Its primary objective is to provide facilities and programs that encourage and promote sailing, boating, and other water-related recreational activities on Lake Champplain. The club caters to members of all ages, offering a variety of activities such as racing, cruising, educational programs, and family-oriented social events. The perpetuation and enhancement of these facilities and programs are the collective responsibility of its membership. The Malletts Bay Boat Club seeks to foster an enjoyable and beneficial experience for its members through these diverse offerings.
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Impact
October, 2024
Malletts Bay Boat Club fosters a vibrant community by providing facilities and programs that encourage sailing, boating, and other water-related recreational activities on Lake Champlain. With a history of continuous operation since 1936, the club thrives on voluntary participation, where members actively manage and contribute to the club's operations.
The club’s schedule features racing events, educational programs, and family-oriented social activities, catering to members of all ages. This includes an active race schedule with various series and races where experienced racers and newcomers alike can participate, enhancing individual skills and fostering a spirit of camaraderie among members.
Through its junior sailing program, the club provides youth from ages 8 to 16 with expert instruction and competitive opportunities. This commitment to youth sailing helps instill a passion for boating and fosters the next generation of sailors.
Social activities, ranging from weekend cookouts to organized cruises around the lake, further strengthen the bonds among members. The clubhouse serves as a center for gatherings, featuring amenities that accommodate social events and foster a sense of belonging within the community.
In addition, the club maintains a mooring field for members’ boats and assists newcomers with mooring assignments, ensuring that all members have access to reliable facilities for their boating activities. By emphasizing volunteerism, Malletts Bay Boat Club not only upholds a strong sense of community but also ensures that its facilities and programs remain vibrant and relevant for all boating enthusiasts on Lake Champlain.
This information is meant to be a general summary of Malletts Bay Boat 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: $1,269
- Program Service Revenue: $22,211
- Gross Receipts: $221,955
Assets and Liabilities:
- Total Assets: $559,423
- Total Liabilities: $61,779
- Net Assets: $497,644
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
JUNIOR SAILING RECEIPTS
Revenue
$13,757
EVENT - COOK OUTS
Revenue
$3,072
EVENT - FOURTH OF JULY PARTY
Revenue
$2,750
EVENT- ANNUAL DINNER
Revenue
$1,801
EVENT - GET ACQUAINTED PARTY
Revenue
$451
Organization Details
Founding Year
1947
Phone
(802) 371-8577Principal Officer
Jonathan Brooks
Main Address
PO BOX 402, COLCHESTER, VT, 05446
Website
www.mbbc-vt.orgNTEE Category
Code: N67 - Recreation
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