Saratoga Lake Sailing Club Inc

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

EIN: 141550917 ✦ Ballston spa, NY ✦ Designated as a 501(c)(7)

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Overview

What is Saratoga Lake Sailing Club Inc?

Saratoga Lake Sailing Club Inc, located at 163 Manning Road, Ballston Spa, NY 12020, is a nonprofit organization dedicated to fostering the sport of sailing. They operate a sailing school, leveraging proven methods developed by US Sailing, and provide necessary boats and facilities for the program. The club caters to both adults and juniors, promoting sailing, sailboat racing, and sailing instruction within the Saratoga Lake region. With a team of 14 employees, they contribute to the local community's nautical activities and sailing education.


Official website here: www.sailsaratoga.org

Is Saratoga Lake Sailing Club Inc legitimate?

Saratoga Lake Sailing Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Saratoga Lake Sailing 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: $35,551

For more financial information, click here


Official website here: www.sailsaratoga.org

What is the mission statement of Saratoga Lake Sailing Club Inc?

The Saratoga Lake Sailing Club Inc, as an organization, is dedicated to promoting sailing, sailboat racing, and sailing instruction within the Saratoga Lake region. Their mission encompasses fostering an environment where individuals can learn and engage in sailing activities. The club operates a sailing school, employing proven methods developed by US Sailing. They provide the necessary boats and facilities for this educational program, which caters to both adults and juniors.


Official website here: www.sailsaratoga.org

Who is the CEO of Saratoga Lake Sailing Club Inc?

John Smith is the Commodore of Saratoga Lake Sailing Club Inc.


Official website here: www.sailsaratoga.org

What is the revenue of Saratoga Lake Sailing Club Inc?

Saratoga Lake Sailing Club Inc's revenue in 2022 was $174,618.


Official website here: www.sailsaratoga.org

Who are the executives of Saratoga Lake Sailing Club Inc and what are their salaries?

The average compensation at Saratoga Lake Sailing Club Inc during 2022 was $2,539. There are 14 employees and 180 volunteers at Saratoga Lake Sailing Club Inc.


Here are 11 key members and their salaries:


John Smith (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlotte Osborne (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Hudson (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Kohler (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larissa Read (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allan Miller (Flag Lt House)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Miller (Flag Lt House)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lenny Lerner (Flag Lt Grounds)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Torres (Flag Lt Boats)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Fraser (Flag Lt Race)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Fraser (Flag Lt Race)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sailsaratoga.org

Where can I find the form 990 for Saratoga Lake Sailing Club Inc?

Saratoga Lake Sailing Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sailsaratoga.org

Learn more at the official website: www.sailsaratoga.org

Mission Statement of Saratoga Lake Sailing Club Inc

Saratoga Lake Sailing Club Inc is committed to fostering a love for sailing, sailboat racing, and sailing instruction within the Saratoga Lake region. As part of its mission, the organization promotes these activities and provides an environment where individuals can learn and hone their sailing skills. The club runs a sailing school, utilizing proven methods developed by US Sailing. This program offers boats and facilities for adults and juniors, making sailing instruction accessible and enjoyable for all. By promoting sailing and sailboat racing, Saratoga Lake Sailing Club Inc contributes to the development of sailors in the region, providing opportunities for skill development and enjoyment of the sport.

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Impact




October, 2024

Saratoga Lake Sailing Club Inc significantly enriches the local community by promoting sailing, sailboat racing, and sailing instruction in the Saratoga Lake region. Through its dedicated sailing school, the club employs proven teaching methods developed by US Sailing, ensuring high-quality instruction for both adults and juniors. By providing boats and facilities, the club fosters an inclusive environment that invites individuals of all skill levels to participate in the sport of sailing.

The impact reaches beyond just teaching sailing; it cultivates a culture of camaraderie and teamwork among participants, enhancing social connections within the community. Additionally, by encouraging outdoor recreation, the club contributes to the overall well-being of its members and promotes an appreciation for the natural beauty of Saratoga Lake. The club's activities not only support the sport of sailing but also invigorate the local economy by attracting enthusiasts and visitors to the area. Overall, Saratoga Lake Sailing Club Inc plays a vital role in preserving and promoting the spirit of sailing in the region.




This information is meant to be a general summary of Saratoga Lake Sailing 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.

Revenue
$174,618 (2022)
Expenses
$237,729 (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: $53,934
  • Gross Receipts: $174,618

Assets and Liabilities:

  • Total Assets: $425,365
  • Total Liabilities: $41,194
  • Net Assets: $384,171

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Programs

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

MISC INCOME

Revenue

$1,249

PROGRAM INCOME

Revenue

$52,685

Organization Details

Founding Year

1960

Principal Officer

John Smith

Main Address

163 MANNING ROAD, BALLSTON SPA, NY, 12020

NTEE Category

Code: N67 - Recreation

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