Overview
What is Cedar Point Yacht Club Incorporated?
Cedar Point Yacht Club Incorporated, located at 1 BLUFF PT, Westport, CT 06880, is a nonprofit organization primarily dedicated to sailboat racing and associated social and recreational activities. Their mission is to support and foster the sport of sailboat racing in various forms, offering engaging experiences for their members. With a team of 28 individuals, they provide a platform for sailors to engage in exciting competitions while promoting the enjoyment and growth of sailboat racing.
Official website here: www.cedarpointyc.org
Is Cedar Point Yacht Club Incorporated legitimate?
Cedar Point Yacht Club Incorporated is a legitimate nonprofit organization registered as a 501(c)(7) entity. Cedar Point Yacht Club Incorporated 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: $194,401
Professional Fundraising Fees: $0
Other Salaries and Wages: $222,334
For more financial information, click here
Official website here: www.cedarpointyc.org
What is the mission statement of Cedar Point Yacht Club Incorporated?
The mission of Cedar Point Yacht Club Incorporated is centered around providing sailboat racing and related sailing social and recreational activities for its members. The club is committed to promoting and encouraging the sport of sailboat racing in various forms. Their mission extends beyond their members, aiming to support and foster the growth of sailboat racing as a whole. The club's activities are directly related to sailboat racing and club events.
Official website here: www.cedarpointyc.org
What is the revenue of Cedar Point Yacht Club Incorporated?
Cedar Point Yacht Club Incorporated's revenue in 2023 was $1,490,179.
Official website here: www.cedarpointyc.org
Who are the executives of Cedar Point Yacht Club Incorporated and what are their salaries?
The average compensation at Cedar Point Yacht Club Incorporated during 2023 was $14,883. There are 28 employees and 150 volunteers at Cedar Point Yacht Club Incorporated.
Here are 12 key members and their salaries:
- Compensation: $130,246
- Related: $0
- Other: $0
- Compensation: $64,155
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- Other: $0
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- Compensation: $0
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- Compensation: $0
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- Compensation: $0
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- Other: $0
Official website here: www.cedarpointyc.org
Where can I find the form 990 for Cedar Point Yacht Club Incorporated?
Cedar Point Yacht Club Incorporated's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cedarpointyc.org
Learn more at the official website: www.cedarpointyc.org
Mission Statement of Cedar Point Yacht Club Incorporated
Cedar Point Yacht Club Incorporated is dedicated to fulfilling a twofold mission. Firstly, it offers sailboat racing and associated sailing social and recreational activities for its members. Secondly, the organization actively supports and encourages the growth of sailboat racing as a sport in various forms. By providing these services, Cedar Point Yacht Club Incorporated contributes to fostering a vibrant sailing community, engaging its members and promoting the sport beyond its membership.
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Impact
October, 2024
Cedar Point Yacht Club Incorporated plays a significant role in promoting and enhancing the sport of sailboat racing in Westport, Connecticut. By providing a platform for members to engage in sailboat racing and related social activities, the club fosters a vibrant community centered around sailing. This not only encourages healthy competition and skill development among sailors but also strengthens social ties within the local marine community.
The club’s commitment to sailboat racing promotes an appreciation for the sport, ensuring its continuation and growth. Through organized races and events, members develop camaraderie and mutual support, which helps to elevate the overall experience of sailing in the region. Furthermore, the activities offered by Cedar Point Yacht Club help to cultivate interest in sailing among new generations, thereby sustaining and enriching a culture that values recreational sailing and the shared enjoyment of the waters of Westport.
This information is meant to be a general summary of Cedar Point Yacht Club Incorporated. 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 2023.
- Program Service Revenue: $850,134
- Gross Receipts: $1,525,426
Assets and Liabilities:
- Total Assets: $2,723,290
- Total Liabilities: $757,059
- Net Assets: $1,966,231
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Service Revenue
Revenue
$850,134
Organization Details
Founding Year
1887
Principal Officer
John Schwarten
Website
www.cedarpointyc.orgNTEE Category
Code: N67 - Recreation
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