nonprofit logo

Morehead City Yacht Basin Association

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

EIN: 201335937 ✦ Morehead city, NC ✦ Designated as a 501(c)(7)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Morehead City Yacht Basin Association?

Morehead City Yacht Basin Association is a nonprofit organization situated in Morehead City, North Carolina. Their primary focus is to cater to the needs of their members, offering boat storage, access to clubhouse facilities, and engaging in recreational activities. Furthermore, they provide assistance to their members in embarking and disembarking their boats from the water. This organization aims to create a supportive community for boat enthusiasts, enhancing their boating experience.

Is Morehead City Yacht Basin Association legitimate?

Morehead City Yacht Basin Association is a legitimate nonprofit organization registered as a 501(c)(7) entity. Morehead City Yacht Basin Association 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: $0

For more financial information, click here

What is the mission statement of Morehead City Yacht Basin Association?

The Morehead City Yacht Basin Association has a mission to cater to its member boat owners. This is achieved by offering boat storage, providing access to club house facilities, organizing recreational activities, and assisting members with embarking and disembarking their boats from the water. The association aims to enhance the boating experience for its members, ensuring they have a convenient and enjoyable experience.

Who is the CEO of Morehead City Yacht Basin Association?

Thomas E Matthews Jr is the Director of Morehead City Yacht Basin Association.

What is the revenue of Morehead City Yacht Basin Association?

Morehead City Yacht Basin Association's revenue in 2023 was $217,983.

Who are the executives of Morehead City Yacht Basin Association and what are their salaries?


Here are 3 key members and their salaries:


Thomas E Matthews Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Bomar (Sec/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Snow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Morehead City Yacht Basin Association?

Morehead City Yacht Basin Association's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Morehead City Yacht Basin Association

Morehead City Yacht Basin Association, as an organization, is committed to serving its members by providing them with essential facilities and activities related to boating. This nonprofit aims to offer boat storage, spacious clubhouse facilities, and recreational activities. Furthermore, the Association assists its members in embarking and disembarking their boats to and from the water, ensuring a seamless boating experience. The mission of Morehead City Yacht Basin Association is centered around catering to its members' boating needs, providing them with a conducive environment for storing their boats, socializing, and enjoying various recreational activities, while also facilitating the process of embarking and disembarking their watercraft.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

The Morehead City Yacht Basin Association significantly enhances the boating experience for its members by offering essential amenities and services. Members benefit from dedicated boat storage and access to club house facilities, fostering a vibrant community of boating enthusiasts. The association also organizes recreational activities that promote social interaction and camaraderie among members.

Additionally, the association provides crucial support for safely embarking and disembarking boats, ensuring a seamless and enjoyable experience on the water. By offering these services, the Morehead City Yacht Basin Association plays a vital role in strengthening the local boating community, enriching the recreational landscape of Morehead City, NC.




This information is meant to be a general summary of Morehead City Yacht Basin Association. 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
$217,983 (2023)
Expenses
$212,911 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,178
  • Program Service Revenue: $216,619
  • Gross Receipts: $217,983

Assets and Liabilities:

  • Total Assets: $483,886
  • Total Liabilities: $234,167
  • Net Assets: $249,719

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

Membership Dues

Revenue

$216,619

Organization Details

Founding Year

2006

Principal Officer

Thomas E Matthews Jr

Main Address

208 Arendell St, Morehead City, NC, 285574229

NTEE Category

Code: N50 - Recreation

If you are a representative of Morehead City Yacht Basin Association and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.