Lasalle Yacht Club Inc

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

EIN: 160723957 ✦ Niagara falls, NY ✦ Designated as a 501(c)(7)

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Overview

What is Lasalle Yacht Club Inc?

The Lasalle Yacht Club Inc, located in Niagara Falls, New York, is a dedicated nonprofit organization with a mission to foster safe and enjoyable boating in the Upper Niagara River. It accomplishes this by providing life-saving assistance to boaters, advocating for properly operated waterways, offering educational classes, and promoting boating and sailing activities. The club aids official marine agencies, offers emergency assistance to distressed boaters, advocates for well-maintained waterways, educates the public on safe boating, and conducts classes at its clubhouse. With a dedicated workforce of 24 individuals, the Lasalle Yacht Club Inc is committed to enhancing boating experiences on the Upper Niagara River.

Is Lasalle Yacht Club Inc legitimate?

Lasalle Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lasalle 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: $301,431

For more financial information, click here

What is the mission statement of Lasalle Yacht Club Inc?

The LaSalle Yacht Club Inc's primary mission is centered around promoting safe, competent, and enjoyable boating on the Upper Niagara River. This is achieved through several key activities. Firstly, the club provides assistance and protection to boaters in distress and aids official marine agencies, ensuring the safety of all those navigating the river. Secondly, the club actively advocates to local, state, and federal governments to maintain and improve the operation of navigable waterways in the Upper Niagara River. Thirdly, the club aims to educate the general public about the joys of boating and the importance of safe seamanship, piloting, and navigation. The clubhouse facilities are utilized for conducting safe boating classes. Lastly, the club is dedicated to fostering and developing boating and sailing activities on the Upper Niagara River.

Who is the CEO of Lasalle Yacht Club Inc?

Kenneth Argona is the Commodore of Lasalle Yacht Club Inc.

What is the revenue of Lasalle Yacht Club Inc?

Lasalle Yacht Club Inc's revenue in 2022 was $1,049,296.

Who are the executives of Lasalle Yacht Club Inc and what are their salaries?

The average compensation at Lasalle Yacht Club Inc during 2022 was $12,560. There are 24 employees at Lasalle Yacht Club Inc.


Here are 11 key members and their salaries:


Sid Saverino (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Weed (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Phillips (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Boland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Argona (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Goeddertz (Fleet Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Kennedy (Rear Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Shepard (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Caputo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Rogers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marty Houck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lasalle Yacht Club Inc?

Lasalle Yacht Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lasalle Yacht Club Inc

The Lasalle Yacht Club Inc, in its mission, strives to foster safe, competent, and enjoyable boating experiences on the Upper Niagara River. One of its primary objectives is to provide life-saving assistance, aiding and supporting official marine agencies, and offering protection to the lives of all those boating on the Upper Niagara River. The club's dock facilities are available for use by government agencies to secure disabled boats above the falls, and its members are also prepared to provide emergency assistance to distressed boaters.

Another crucial aspect of Lasalle Yacht Club Inc's mission is advocating for properly operated waterways and maintaining or improving all navigable waterways in the Upper Niagara River. The club is persistent in its efforts to influence city, state, and federal governments to ensure that the waterways are in optimal condition.

Furthermore, the club is dedicated to educating the general public about the pleasure and sport derived from boating in the vicinity. They encourage the study and practice of safe seamanship, piloting, and navigation. Clubhouse facilities are utilized for conducting safe boating classes, thus promoting boating and sailing on the Upper Niagara River.

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Impact




October, 2024

Lasalle Yacht Club Inc significantly enhances the boating experience on the Upper Niagara River through a range of impactful activities. Its commitment to fostering safe and enjoyable boating practices serves not only its members but the entire community.

One of the Club's key contributions is its lifesaving efforts, which include assisting official marine agencies and providing support to boaters in distress. With dock facilities accessible for government use, the club ensures that disabled boats above the falls receive timely assistance, thus enhancing overall safety on the water.

Additionally, the Club actively advocates for the maintenance and improvement of navigable waterways, working closely with local, state, and federal authorities. This advocacy is crucial for ensuring that the Upper Niagara River remains a safe and well-maintained environment for recreational boating.

Education is another pillar of the Club's impact. By offering safe boating classes, it promotes a culture of competency and respect for the sport among the general public. This educational outreach helps to cultivate a community that values safe seamanship, piloting, and navigation, ensuring that all who venture onto the water are well-prepared.

In fostering sailing and boating activities, the Lasalle Yacht Club Inc enhances recreational opportunities in the region, contributing to the local economy and community cohesion. Through its multifaceted approach, the Club plays a vital role in making the Upper Niagara River a safer and more enjoyable place for boating enthusiasts of all levels.




This information is meant to be a general summary of Lasalle 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.

Revenue
$1,049,296 (2022)
Expenses
$978,100 (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: $872,560
  • Gross Receipts: $1,049,296

Assets and Liabilities:

  • Total Assets: $855,406
  • Total Liabilities: $79,803
  • Net Assets: $775,603

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Programs

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

BAR INCOME

Revenue

$263,178

BOATING

Revenue

$70,558

FIRST MATES

Revenue

$27,613

GRATUITY INCOME

Revenue

$49,739

RESTAURANT INCOME

Revenue

$429,590

Organization Details

Founding Year

1938

Principal Officer

Kenneth Argona

Main Address

73 SOUTH 68TH STREET, NIAGARA FALLS, NY, 14304

NTEE Category

Code: N50 - Recreation

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