Overview
What is Otsego Sailing Club?
The Otsego Sailing Club, located in Cooperstown, New York, is a nonprofit organization dedicated to fostering a community of sailboat enthusiasts. Its primary purpose is to serve as an association for individuals with shared interests in sailing and sailboat racing. The club encourages sailing as both a recreational and competitive sport, establishing rules and procedures for racing competitions among its members. Safety and good sportsmanship are emphasized, ensuring a secure and fair environment for all participants. The Otsego Sailing Club also aspires to promote various activities related to sailing and do anything incidental to these objectives, all without financial gain, in accordance with New York's Not-for-Profit Corporation Law. The organization, with a team of nine dedicated individuals, provides access to a lake, facilities, and a launch ramp, offering members opportunities to enjoy their passion for sailing.
Official website here: www.otsegosailingclub.com
Is Otsego Sailing Club legitimate?
Otsego Sailing Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Otsego Sailing 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: $3,731
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,342
For more financial information, click here
Official website here: www.otsegosailingclub.com
What is the mission statement of Otsego Sailing Club?
The Otsego Sailing Club's mission is centered around fostering a community of sailboat owners and individuals with a shared interest in sailing and racing. They work towards promoting sailing as a recreational and competitive sport, setting rules for competitive racing, and ensuring safety and good sportsmanship. Additionally, the club aims to carry out activities that further these purposes, but without seeking financial gain for its members or officers, except as permitted by law.
Official website here: www.otsegosailingclub.com
Who is the CEO of Otsego Sailing Club?
Connie Herzig is the Treasurer (Paymaster) of Otsego Sailing Club.
Official website here: www.otsegosailingclub.com
What is the revenue of Otsego Sailing Club?
Otsego Sailing Club's revenue in 2022 was $77,207.
Official website here: www.otsegosailingclub.com
Who are the executives of Otsego Sailing Club and what are their salaries?
The average compensation at Otsego Sailing Club during 2022 was $1,008. There are 9 employees and 85 volunteers at Otsego Sailing Club.
Here are 7 key members and their salaries:
- Compensation: $2,736
- Related: $0
- Other: $0
- Compensation: $996
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.otsegosailingclub.com
Where can I find the form 990 for Otsego Sailing Club?
Otsego Sailing Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.otsegosailingclub.com
Learn more at the official website: www.otsegosailingclub.com
Mission Statement of Otsego Sailing Club
The Otsego Sailing Club, a non-profit organization, is committed to serving as a platform for sailboat owners and individuals with shared interests in sailing and competitive racing. Its primary goal is to foster sail boating as a recreational and competitive activity. To achieve this, the club establishes rules and mechanisms for member-led competitive sail boat racing. Moreover, the Otsego Sailing Club prioritizes the promotion of safety in sailing and related activities, and advocates for good sportsmanship among its members. Additionally, the organization engages in various activities that support its core mission, such as establishing regulations for sail boat racing, promoting safe sailing practices, and fostering a spirit of camaraderie and fair play.
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Impact
October, 2024
The Otsego Sailing Club fosters a vibrant community for sailboat enthusiasts, creating connections among sailboat owners and individuals who share a passion for sailing and competitive racing. By encouraging participation in sailing as both a recreational and competitive sport, the club enhances the local culture and promotes outdoor activity in the pristine setting of Cooperstown, NY.
Through organized events and structured racing opportunities, the club establishes essential rules and channels for competition, ensuring fair play and safety on the water. This commitment to safety not only nurtures skill development for participants of all experience levels but also promotes a culture of good sportsmanship that resonates throughout the community.
Moreover, the club provides vital access to the waterfront, equipped with facilities and a launch ramp that support both seasoned sailors and newcomers. This accessibility plays a significant role in encouraging more individuals to engage in sailing, thereby enriching the community's recreational landscape. Overall, the Otsego Sailing Club significantly contributes to the enjoyment of sailing, promotes environmental stewardship, and strengthens the bonds among community members.
This information is meant to be a general summary of Otsego Sailing 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: -$1,228
- Program Service Revenue: $72,441
- Gross Receipts: $77,207
Assets and Liabilities:
- Total Assets: $663,344
- Total Liabilities: $30,124
- Net Assets: $633,220
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Access to Lake, Facilities & Launch Ramp
Revenue
$47,871
Sailing Lessons
Revenue
$16,015
Storage and Dock Space
Revenue
$8,555
Organization Details
Founding Year
1966
Phone
(607) 435-1025Principal Officer
Connie Herzig
Main Address
PO Box 816, Cooperstown, NY, 13326
Website
www.otsegosailingclub.comNTEE Category
Code: N67 - Recreation
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