Overview
What is Medford Boat Club?
Medford Boat Club is a nonprofit organization situated in Medford, Massachusetts. With a dedicated team of 47 individuals, its primary focus is on promoting boat and water activities among its members and their families. This encompasses organizing sailing classes, races, and regattas for approximately 50-60 children and around 50 families. The club's programs aim to foster health, well-being, safety, and educational development among its members, ultimately contributing to their overall growth and enjoyment.
Official website here: www.medfordboatclub.org/
Is Medford Boat Club legitimate?
Medford Boat Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Medford 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: $243,960
For more financial information, click here
Official website here: www.medfordboatclub.org/
What is the mission statement of Medford Boat Club?
The Medford Boat Club is committed to providing programs for its members and their families, focusing on water activities and recreation. Their mission is to enhance health, welfare, and safety, as well as promote educational development within their community. The club offers sailing instructions and organizes various events such as classes, races, and regattas, catering to around 50-60 children and approximately 50 families. This engagement in boat and water activities serves to further the club's exempt purpose.
Official website here: www.medfordboatclub.org/
Who is the CEO of Medford Boat Club?
Bobby Jones is the Executive Bo of Medford Boat Club.
Official website here: www.medfordboatclub.org/
What is the revenue of Medford Boat Club?
Medford Boat Club's revenue in 2022 was $575,807.
Official website here: www.medfordboatclub.org/
Who are the executives of Medford Boat Club and what are their salaries?
The average compensation at Medford Boat Club during 2022 was $5,191. There are 47 employees at Medford Boat Club.
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Official website here: www.medfordboatclub.org/
Where can I find the form 990 for Medford Boat Club?
Medford Boat Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.medfordboatclub.org/
Learn more at the official website: www.medfordboatclub.org/
Mission Statement of Medford Boat Club
Medford Boat Club, as an organization, is committed to serving its members and their families by offering programs focused on water activities and recreation. The primary goal is to enhance their health, welfare, safety, and educational development. The club provides sailing instructions as part of its exempt purpose, which includes organizing classes, races, and regattas for around 50-60 children and approximately 50 families. These initiatives allow members to engage in water activities, fostering a sense of community and personal growth.
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Impact
October, 2024
Medford Boat Club significantly impacts the local community by providing enriching programs centered around water activities and recreation. By offering sailing instructions, classes, races, and regattas, the club enhances the health, welfare, and safety of its members and their families. With a focus on educational development, it engages about 50-60 children and approximately 50 families in hands-on learning experiences related to boating.
The club fosters a sense of community and teamwork while promoting physical fitness and outdoor activity. By encouraging water-based recreation, it cultivates a lifelong appreciation for aquatic environments and boating skills, contributing to the overall well-being and enjoyment of its members. This engagement serves not only to build friendships and social networks but also to instill essential values such as discipline, perseverance, and responsibility among participants. Through these initiatives, Medford Boat Club plays a vital role in enriching the lives of its members and enhancing the local community's recreational landscape.
This information is meant to be a general summary of Medford 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: $1,026
- Program Service Revenue: $39,591
- Gross Receipts: $575,807
Assets and Liabilities:
- Total Assets: $684,000
- Total Liabilities: $15,860
- Net Assets: $668,140
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WORK HOURS
Revenue
$17,375
SAIL INSTRUCTION
Revenue
$6,428
CLOTHING
Revenue
$4,956
LOCKERS
Revenue
$3,872
MEMBERSHIP APPLICATION FEES
Revenue
$3,600
Organization Details
Founding Year
1898
Phone
(781) 648-9774Principal Officer
Bobby Jones
Main Address
PO BOX 6, MEDFORD, MA, 02155
Website
www.medfordboatclub.org/NTEE Category
Code: N67 - Recreation
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