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Corinthian Sailing Foundation Inc

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

EIN: 200597028 ✦ Marblehead, MA ✦ Designated as a 501(c)(3)

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Overview

What is Corinthian Sailing Foundation Inc?

The Corinthian Sailing Foundation Inc is a nonprofit organization committed to nurturing and enhancing interest in sailing and amateur sports among both children and adults. They achieve this goal through various means, such as providing educational resources, offering financial assistance, and organizing engaging activities. The organization extends its support to qualified, unrelated organizations that share their mission to promote sailing. By fostering a sense of camaraderie and passion for the sport, the Corinthian Sailing Foundation aims to broaden participation in yachting and amateur sports.


Official website here: www.corinthianfoundation.org

Is Corinthian Sailing Foundation Inc legitimate?

Corinthian Sailing Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corinthian Sailing Foundation Inc 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.


Official website here: www.corinthianfoundation.org

What is the mission statement of Corinthian Sailing Foundation Inc?

The Corinthian Sailing Foundation's mission is dedicated to nurturing and motivating interest in yachting and amateur sports among both children and adults. This is achieved through various means, including educational programs, offering grants, and engaging in related activities. The organization extends its support to qualified, unrelated organizations that share its goal of promoting sailing.


Official website here: www.corinthianfoundation.org

Who is the CEO of Corinthian Sailing Foundation Inc?

Unavailable


Official website here: www.corinthianfoundation.org

What is the revenue of Corinthian Sailing Foundation Inc?

Corinthian Sailing Foundation Inc's revenue in 2022 was $12,019.


Official website here: www.corinthianfoundation.org

Who are the executives of Corinthian Sailing Foundation Inc and what are their salaries?


Here are 8 key members and their salaries:


Patrick Donegan (President, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Donegan (Treasurer, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Smith (Sectretary, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James H Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Donegan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Raisides (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miranda Bakos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Thayer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.corinthianfoundation.org

Where can I find the form 990EZ for Corinthian Sailing Foundation Inc?

Corinthian Sailing Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.corinthianfoundation.org

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

Mission Statement of Corinthian Sailing Foundation Inc

The Corinthian Sailing Foundation, as a nonprofit organization, is dedicated to encouraging and fostering the participation in yachting and amateur sports among both children and adults. They achieve this mission through a variety of means, primarily by granting funds to other qualified organizations that share their passion for sailing. By doing so, the Corinthian Sailing Foundation plays a significant role in promoting and supporting the growth of sailing and amateur sports, broadening the opportunities for engagement in these activities for a wide range of individuals.

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Impact




August, 2024

Corinthian Sailing Foundation Inc has a significant impact on fostering, promoting, and encouraging yachting and amateur sports participation among children and adults through education, grants, and activities. By providing funds to qualified organizations that promote sailing, the foundation is instrumental in expanding access to sailing opportunities and promoting the sport within the community. Through its initiatives, Corinthian Sailing Foundation Inc is actively contributing to the growth and development of sailing as a recreational activity and sport, enriching the lives of individuals of all ages and backgrounds.




This information is meant to be a general summary of Corinthian Sailing Foundation 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
$12,019 (2022)
Expenses
$26,888 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $12,019

Assets and Liabilities:

  • Total Assets: $50,097
  • Total Liabilities: $0
  • Net Assets: $50,097

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Organization Details

Main Address

1 NAHANT STREET, MARBLEHEAD, MA, 01945

NTEE Category

Code: N80 - Recreation

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