Overview
What is Chautauqua Lake Yacht Club?
The Chautauqua Lake Yacht Club, situated in Lakewood, New York, is a nonprofit organization committed to fostering and advocating for sailing and water safety. Operating as a recreational, leisure, or social club, its primary goal is to encourage and promote these activities on the lake. The club plays an essential role in ensuring the safety of its members and the broader community while enjoying the waters.
Is Chautauqua Lake Yacht Club legitimate?
Chautauqua Lake Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Chautauqua Lake Yacht 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: $213,316
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What is the mission statement of Chautauqua Lake Yacht Club?
The Chautauqua Lake Yacht Club is dedicated to fostering a love for sailing and promoting water safety. Acting as a recreational, leisure, or social club, it encourages its members and the community to engage in sailing activities while prioritizing safety on the water. The club's mission is to create an environment that supports and motivates individuals to enjoy the pleasures of sailing while ensuring everyone's wellbeing on the water.
Who is the CEO of Chautauqua Lake Yacht Club?
Louise Bakewell is the Treasurer of Chautauqua Lake Yacht Club.
What is the revenue of Chautauqua Lake Yacht Club?
Chautauqua Lake Yacht Club's revenue in 2022 was $592,231.
Who are the executives of Chautauqua Lake Yacht Club and what are their salaries?
The average compensation at Chautauqua Lake Yacht Club during 2022 was $5,079. There are 42 employees at Chautauqua Lake Yacht Club.
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Where can I find the form 990 for Chautauqua Lake Yacht Club?
Chautauqua Lake Yacht Club's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Chautauqua Lake Yacht Club
The Chautauqua Lake Yacht Club, as a recreational, pleasure, or social club, is dedicated to enhancing sailing and ensuring water safety. Their mission is to actively promote and encourage these activities, fostering a sense of enjoyment and safety on the water. The club serves as a platform for individuals to partake in sailing as a leisure activity or social pastime.
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Impact
October, 2024
Chautauqua Lake Yacht Club significantly enhances the local community by promoting and encouraging sailing and water safety on Chautauqua Lake in Lakewood, NY. By providing a space for recreational activities, it fosters a sense of community among residents and visitors who share a passion for water sports. The club serves as a hub for learning and practicing sailing, thereby improving skills and confidence among members, while also emphasizing the importance of safety on the water.
Through organized events, lessons, and social gatherings, the yacht club cultivates camaraderie and collaboration, enriching the social fabric of the area. This engagement not only supports individual well-being but also stimulates local economic growth by attracting visitors to the region. In summary, Chautauqua Lake Yacht Club plays a vital role in encouraging active lifestyles, promoting water safety, and strengthening community bonds in Lakewood, NY.
This information is meant to be a general summary of Chautauqua Lake 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 2022.
- Investment Income: $209
- Program Service Revenue: $36,368
- Gross Receipts: $758,249
Assets and Liabilities:
- Total Assets: $882,333
- Total Liabilities: $271,525
- Net Assets: $610,808
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOCKER SLIP RAMP
Revenue
$8,550
POOL
Revenue
$1,815
JUNIOR SAILING
Revenue
$26,003
Organization Details
Founding Year
1937
Principal Officer
Louise Bakewell
Main Address
PO BOX 252, Lakewood, NY, 14750
NTEE Category
Code: N50 - Recreation
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