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Marion-Bermuda Cruising Yacht Race Association Inc

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

EIN: 042711615 ✦ Marion, MA ✦ Designated as a 501(c)(3)

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Overview

What is Marion-Bermuda Cruising Yacht Race Association Inc?

The Marion-Bermuda Cruising Yacht Race Association Inc is a nonprofit organization that annually organizes the Marion to Bermuda Cruising Yacht Race, an opportunity for sailors to engage in competition while fostering a love for sailing and emphasizing safety. Situated in an undisclosed location, this association hosts the race every odd numbered year in June and supplements the event with symposia focusing on offshore sailing and safety techniques. By doing so, the Marion-Bermuda Cruising Yacht Race Association Inc aims to enrich the sailing community and promote safe practices on the high seas.


Official website here: www.marionbermuda.com

Is Marion-Bermuda Cruising Yacht Race Association Inc legitimate?

Marion-Bermuda Cruising Yacht Race Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marion-Bermuda Cruising Yacht Race Association Inc submitted a form 990EZ, 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.


Official website here: www.marionbermuda.com

What is the mission statement of Marion-Bermuda Cruising Yacht Race Association Inc?

The Marion-Bermuda Cruising Yacht Race Association's primary objective is to preserve and oversee the Marion to Bermuda Cruising Yacht Race. This organization provides a platform for sailors to engage in competitive racing while fostering a passion for sailing and safety. The race is conducted every odd numbered year in June. Additionally, the association organizes symposiums focusing on offshore sailing and safety procedures, further enhancing the sailing community's knowledge and skills.


Official website here: www.marionbermuda.com

Who is the CEO of Marion-Bermuda Cruising Yacht Race Association Inc?

Neil Redburn is the President of Marion-Bermuda Cruising Yacht Race Association Inc.


Official website here: www.marionbermuda.com

What is the revenue of Marion-Bermuda Cruising Yacht Race Association Inc?

Marion-Bermuda Cruising Yacht Race Association Inc's revenue in 2022 was $6,347.


Official website here: www.marionbermuda.com

Who are the executives of Marion-Bermuda Cruising Yacht Race Association Inc and what are their salaries?


Here are 13 key members and their salaries:


Roy Greenwald (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Gayle-Malone (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allan Williams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Kolker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Ricci (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Rego Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Pierce (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Cullum (Trustee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Redburn (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Willie Forbes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nan Johnson (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Minard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allan Mclean (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.marionbermuda.com

Where can I find the form 990EZ for Marion-Bermuda Cruising Yacht Race Association Inc?

Marion-Bermuda Cruising Yacht Race Association Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.marionbermuda.com

Learn more at the official website: www.marionbermuda.com

Mission Statement of Marion-Bermuda Cruising Yacht Race Association Inc

The Marion-Bermuda Cruising Yacht Race Association, in its mission, preserves and oversees the Marion to Bermuda Cruising Yacht Race. This organization serves as a platform, offering sailors the chance to engage in a competitive race while promoting the sport of sailing and emphasizing safety. The race takes place every odd numbered year in June, and beyond organizing this event, the association also conducts symposia focusing on offshore sailing and safety procedures. By hosting these workshops, the Marion-Bermuda Cruising Yacht Race Association aims to educate and prepare sailors for the challenges they may encounter during offshore sailing adventures, thereby enhancing safety standards in the sport.

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Impact




August, 2024

Marion-Bermuda Cruising Yacht Race Association Inc's impact lies in promoting sailing, providing an opportunity for sailors to race, and emphasizing safety in offshore sailing. Through organizing the Marion to Bermuda Cruising Yacht Race every odd-numbered year in June, the association fosters a spirit of competition and camaraderie among sailors while showcasing the beauty and challenges of the open sea. Additionally, by hosting symposia on offshore sailing and safety procedures, the association educates and empowers sailors to navigate the waters with proficiency and caution. Overall, Marion-Bermuda Cruising Yacht Race Association Inc plays a significant role in advancing the sport of sailing and promoting safety within the sailing community.




This information is meant to be a general summary of Marion-Bermuda Cruising Yacht Race Association Inc. 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
$6,347 (2022)
Expenses
$22,332 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $47
  • Gross Receipts: $6,347

Assets and Liabilities:

  • Total Assets: $58,831
  • Total Liabilities: $0
  • Net Assets: $58,831

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Organization Details

Principal Officer

Neil Redburn

Main Address

P O Box 916, Marion, MA, 02738

NTEE Category

Code: N67Z - Recreation

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