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Nantucket International One Design Fleet Association Inc

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

EIN: 043525049 ✦ Lafayette hill, PA ✦ Designated as a 501(c)(7)

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Overview

What is Nantucket International One Design Fleet Association Inc?

The Nantucket International One Design Fleet Association Inc is a nonprofit organization dedicated to fostering sailboat racing and community engagement in Nantucket. By managing a fleet of identical sailboats, the association ensures a level playing field, allowing the focus to shift from boat advantages to the sailors' skills. The organization offers programs for fleet maintenance and racing, further promoting interaction with other sailing communities.


Official website here: www.internationalonedesign.org/

Is Nantucket International One Design Fleet Association Inc legitimate?

Nantucket International One Design Fleet Association Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Nantucket International One Design Fleet Association Inc 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: $0

For more financial information, click here


Official website here: www.internationalonedesign.org/

What is the mission statement of Nantucket International One Design Fleet Association Inc?

The Nantucket International One Design Fleet Association Inc aims to preserve a fleet of identical sailboats, fostering competitive racing within the community and encouraging interaction with other fleets. To guarantee a level playing field, the association ensures that all boats are maintained and tuned uniformly, thereby focusing the competition on the abilities of the helmsperson and crew. The organization provides programs for fleet maintenance and racing, ultimately promoting camaraderie and skill development among sailors.


Official website here: www.internationalonedesign.org/

Who is the CEO of Nantucket International One Design Fleet Association Inc?

Peter Ernst is the President And Fleet Captain of Nantucket International One Design Fleet Association Inc.


Official website here: www.internationalonedesign.org/

What is the revenue of Nantucket International One Design Fleet Association Inc?

Nantucket International One Design Fleet Association Inc's revenue in 2022 was $207,350.


Official website here: www.internationalonedesign.org/

Who are the executives of Nantucket International One Design Fleet Association Inc and what are their salaries?

There 7 volunteers at Nantucket International One Design Fleet Association Inc.


Here are 7 key members and their salaries:


Pierre Crosby (President And Fleet Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Ernst (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Fremont-Smith (Chief Development Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Gould (Chief Technical Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Mccausland (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy Weedon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geoffrey Verney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.internationalonedesign.org/

Where can I find the form 990 for Nantucket International One Design Fleet Association Inc?

Nantucket International One Design Fleet Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.internationalonedesign.org/

Learn more at the official website: www.internationalonedesign.org/

Mission Statement of Nantucket International One Design Fleet Association Inc

The Nantucket International One Design Fleet Association dedicates itself to managing a fleet of identical sailboats. Its primary objective is to foster racing competitions within the Nantucket community and encourage interaction with other fleets. To ensure a level playing field, the association meticulously maintains and tunes all boats in a uniform manner. This approach shifts the focus of the competition towards the skills and strategies of the helmsman and crew, rather than the boats' inherent differences. The Nantucket International One Design Fleet Association also offers programs for fleet maintenance and racing, contributing to the development and enjoyment of sailing within the nautical community.

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Impact




October, 2024

The Nantucket International One Design Fleet Association Inc significantly enhances the sailing culture and community in Nantucket through its commitment to maintaining a fleet of identical sailboats. By promoting racing, the association fosters a competitive yet inclusive environment where sailors can hone their skills. This focus on equality among boats ensures the competition centers on the talent and teamwork of the helmsperson and crew, rather than equipment disparities.

In addition to cultivating local talent, the association encourages interaction with other fleets, enriching the sailing experience and building camaraderie among sailors. Programs for fleet maintenance and racing not only develop individual skills but also enhance the collective expertise of participants, contributing to the overall vibrancy of the Nantucket sailing community. Through its activities, the association strengthens community ties and nurtures a passion for sailing that resonates across generations.




This information is meant to be a general summary of Nantucket International One Design Fleet 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
$207,350 (2022)
Expenses
$164,179 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $199,350
  • Gross Receipts: $207,350

Assets and Liabilities:

  • Total Assets: $140,135
  • Total Liabilities: $29,780
  • Net Assets: $110,355

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$195,000

SPECIAL EVENTS

Revenue

$4,350

Organization Details

Founding Year

2000

Principal Officer

Peter Ernst

Main Address

5051 FLOURTOWN ROAD 900, LAFAYETTE HILL, PA, 19444

NTEE Category

Code: N50 - Recreation

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