Overview
What is Northern Lake George Yacht Club?
Northern Lake George Yacht Club is a nonprofit organization that offers both recreational and educational experiences to its members and the local community. During the summer months, they organize and participate in sailing competitions using one-design sailboats, attracting approximately 120 individuals. The club also runs a summer youth training program, educating children aged 4 to 16 in sailing, swimming, water safety, and tennis. Approximately 139 students participate in this comprehensive program, with related expenses included in the club's operational costs. The mission of Northern Lake George Yacht Club is to provide a diverse range of sporting and social activities for its members.
Official website here: www.nlgyc.com
Is Northern Lake George Yacht Club legitimate?
Northern Lake George Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Northern Lake George Yacht Club 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $8,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $53,270
For more financial information, click here
Official website here: www.nlgyc.com
What is the mission statement of Northern Lake George Yacht Club?
The Northern Lake George Yacht Club's mission is centered around offering both athletic and social experiences to its members. They organize regular sailing competitions, primarily using one-design sailboats, on weekends during the summer months. These events attract approximately 120 individuals. In addition to the competitive aspect, the club also operates a summer training program for children aged 4 to 16. This program encompasses instruction in sailing, swimming, water safety, and tennis. Around 139 students participate in this comprehensive program, with related costs incorporated into the club's expenses. Overall, the Northern Lake George Yacht Club's mission is to foster a community that caters to the recreational and social needs of its members.
Official website here: www.nlgyc.com
What is the revenue of Northern Lake George Yacht Club?
Northern Lake George Yacht Club's revenue in 2023 was $256,952.
Official website here: www.nlgyc.com
Who are the executives of Northern Lake George Yacht Club and what are their salaries?
The average compensation at Northern Lake George Yacht Club during 2023 was $2,299. There are 27 employees and 250 volunteers at Northern Lake George Yacht Club.
Here are 26 key members and their salaries:
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Official website here: www.nlgyc.com
Where can I find the form 990 for Northern Lake George Yacht Club?
Northern Lake George Yacht Club's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nlgyc.com
Learn more at the official website: www.nlgyc.com
Mission Statement of Northern Lake George Yacht Club
The Northern Lake George Yacht Club, in its mission, aims to offer both recreational and social experiences to its members. It accomplishes this through the organization of regular sailing competitions using one-design sailboats, primarily on Saturday and Sunday mornings during the mid-June to mid-August period. This activity is estimated to involve around 120 individuals. Beyond sailing, the club also focuses on fostering youth development. It conducts a summer training program for students aged 4 to 16, encompassing sailing lessons, swimming instruction, water safety education, and tennis coaching. Approximately 139 students participate in this comprehensive program, with associated expenses covered within the club's operations. In summary, the Northern Lake George Yacht Club is committed to providing its members with a diverse range of activities that cater to their passion for sailing and contribute to the overall well-being of the younger generation.
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Impact
October, 2024
Northern Lake George Yacht Club fosters a vibrant community by organizing regular sailing competitions, bringing together approximately 120 participants each weekend from mid-June to mid-August. These competitions not only enhance sailing skills but also promote camaraderie and a love for the sport among members.
In addition to sailing events, the club plays a crucial role in youth development through its summer training program. Catering to students aged 4 to 16, the program offers comprehensive training in sailing, swimming, water safety, and tennis, with around 139 students enrolled. This initiative not only equips young participants with valuable skills but also instills a sense of confidence and teamwork.
Overall, the Northern Lake George Yacht Club significantly contributes to local recreation, youth development, and community engagement, thereby enriching the lives of its members and the broader community in Hague, NY.
This information is meant to be a general summary of Northern Lake George Yacht 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 2023.
- Investment Income: $43
- Program Service Revenue: $74,108
- Gross Receipts: $266,462
Assets and Liabilities:
- Total Assets: $316,702
- Total Liabilities: $0
- Net Assets: $316,702
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Service 1: Junior Program teaching sailing, tennis, water safety to children 4-16
Revenue
$57,503
Service 3: Social Events to promote appreciation for lake, lifelong friendships
Revenue
$16,605
Organization Details
Phone
(518) 543-6533Principal Officer
Abigail Reingold
Main Address
PO Box 710, Hague, NY, 12836
Website
www.nlgyc.comNTEE Category
Code: N50 - Recreation
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