Overview
What is Weekapaug Yacht Club Inc?
Weekapaug Yacht Club Inc, located in Westerly, Rhode Island, serves as a hub for both families and individual members. Their primary purpose is to foster an environment for small boat sailing and racing. Members engage in a variety of social events, enroll their children in sailing programs, participate in weekly club races, and make use of the club's docks and facilities. With a team of 13 dedicated individuals, Weekapaug Yacht Club Inc is committed to promoting and nurturing the passion for sailing and racing within its community.
Official website here: www.weekapaugyachtclub.com
Is Weekapaug Yacht Club Inc legitimate?
Weekapaug Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Weekapaug Yacht Club 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: $103,198
For more financial information, click here
Official website here: www.weekapaugyachtclub.com
What is the mission statement of Weekapaug Yacht Club Inc?
The Weekapaug Yacht Club Inc, in its mission, seeks to foster the enthusiasm for small boat sailing and racing. This purpose is encapsulated in their club's activities, which include hosting social events, enrolling children in sailing programs, engaging members in weekly club races, and providing access to docks and facilities. The club's primary aim is to encourage and support small boat sailing and racing among its members and the broader community.
Official website here: www.weekapaugyachtclub.com
Who is the CEO of Weekapaug Yacht Club Inc?
Cabot Earle is the Treasurer of Weekapaug Yacht Club Inc.
Official website here: www.weekapaugyachtclub.com
What is the revenue of Weekapaug Yacht Club Inc?
Weekapaug Yacht Club Inc's revenue in 2022 was $1,166,512.
Official website here: www.weekapaugyachtclub.com
Who are the executives of Weekapaug Yacht Club Inc and what are their salaries?
The average compensation at Weekapaug Yacht Club Inc during 2022 was $7,938. There are 13 employees at Weekapaug Yacht Club Inc.
Here are 8 key members and their salaries:
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Official website here: www.weekapaugyachtclub.com
Where can I find the form 990 for Weekapaug Yacht Club Inc?
Weekapaug Yacht Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.weekapaugyachtclub.com
Learn more at the official website: www.weekapaugyachtclub.com
Mission Statement of Weekapaug Yacht Club Inc
Weekapaug Yacht Club Inc, as stated in its mission, is dedicated to promoting small boat sailing and racing. The primary objective of this organization is to foster an environment where families and individuals can engage in sailing activities and competitive racing. This mission is carried out through various means, including hosting social events, offering sailing programs for children, organizing weekly club races, and providing access to the club's docks and facilities. The club's purpose is to encourage and support small boat sailing and racing, thereby providing an enjoyable and engaging experience for its members.
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Impact
October, 2024
Weekapaug Yacht Club Inc significantly impacts the local community by fostering a vibrant sailing culture and enhancing familial engagement through recreational activities. By promoting small boat sailing and racing, the club provides a welcoming environment where families and individuals can connect and enjoy time together on the water.
The club’s sailing programs for children are instrumental in developing skills, confidence, and a love for sailing at an early age. These programs not only teach essential sailing techniques but also encourage teamwork and sportsmanship among participants. Weekly club races engage members of all ages in friendly competition, further strengthening community bonds while promoting a healthy, active lifestyle.
Additionally, the use of the club's docks and facilities allows members to access the beautiful waterways of Westerly, RI, enhancing their recreational experience. The social events hosted by the club create opportunities for members to build relationships, share experiences, and cultivate a sense of belonging and community. Overall, Weekapaug Yacht Club Inc serves as a cornerstone for recreational sailing, enriching the lives of its members and the broader local community.
This information is meant to be a general summary of Weekapaug Yacht Club 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $678
- Program Service Revenue: $205,690
- Gross Receipts: $1,166,512
Assets and Liabilities:
- Total Assets: $4,274,757
- Total Liabilities: $0
- Net Assets: $4,274,757
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sailing Lessons
Revenue
$136,966
Moorings
Revenue
$33,350
Social Events
Revenue
$18,320
Rental Fees
Revenue
$17,054
Organization Details
Founding Year
1955
Phone
(401) 322-7312Principal Officer
Cabot Earle
Main Address
PO Box 2361, Westerly, RI, 02891
Website
www.weekapaugyachtclub.comNTEE Category
Code: N67 - Recreation
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