Glendale Yacht Club Inc

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

EIN: 222736052 ✦ Amherst, NH ✦ Designated as a 501(c)(7)

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Overview

What is Glendale Yacht Club Inc?

Glendale Yacht Club Inc is a nonprofit organization, dedicated to fostering the love for boating and enhancing knowledge in seamanship and navigation. Their primary mission is to create a conducive environment for boat owners to interact, socialize, and share their passion for boating. They achieve this by maintaining a clubhouse, anchorage, and ancillary facilities, which members and guests can utilize for pleasure and recreation. This mutually-beneficial setup encourages camaraderie among boat owners, contributing to a vibrant boating community.

Is Glendale Yacht Club Inc legitimate?

Glendale Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Glendale 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: $0

For more financial information, click here

What is the mission statement of Glendale Yacht Club Inc?

The mission of Glendale Yacht Club Inc. is centered around fostering the love for boating and enhancing the knowledge of seamanship and navigation. They aim to encourage a sense of camaraderie and fellowship among boat owners by offering and maintaining appropriate clubhouse facilities, anchorage, and additional amenities. These resources are designed for the enjoyment and relaxation of the club's members and guests, promoting pleasure and recreational activities related to boating.

What is the revenue of Glendale Yacht Club Inc?

Glendale Yacht Club Inc's revenue in 2023 was $71,603.

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

There 25 volunteers at Glendale Yacht Club Inc.

Here are 5 key members and their salaries:


Nick Milonopoulos (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Wilmot (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joni Hinterhaeuser (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Houlihan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Guy Wheaton (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Glendale Yacht Club Inc?

Glendale Yacht Club Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Glendale Yacht Club Inc

Glendale Yacht Club Inc, as a nonprofit organization, is dedicated to fostering the sport of boating and enhancing the knowledge of seamanship and navigation. Their primary mission is to establish a conducive environment for boat owners, promoting personal interaction, socializing, and camaraderie. To achieve this, they provide and maintain shared facilities, including a clubhouse, anchorage, and auxiliary amenities, designed for the enjoyment and recreation of its members and guests. By offering these resources, Glendale Yacht Club Inc aims to stimulate the passion for boating and encourage the exchange of ideas and experiences among its members, thereby strengthening the boating community.

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Impact




October, 2024

Glendale Yacht Club Inc significantly enhances the community by fostering a love for boating and promoting essential skills in seamanship and navigation. Through its clubhouse and anchorage facilities, the club facilitates personal connections and camaraderie among boat owners, creating a vibrant social atmosphere. Members and guests benefit from shared experiences and recreational activities, further enriching the local culture. This supportive environment is instrumental in encouraging both seasoned mariners and newcomers to engage with the sport, thereby cultivating a deeper appreciation for the waterways. The club not only serves as a hub for boating enthusiasts but also contributes to the overall health and vibrancy of the Gilford community through its dedication to recreation and fellowship.




This information is meant to be a general summary of Glendale 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
$71,603 (2023)
Expenses
$79,116 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $38
  • Program Service Revenue: $71,565
  • Gross Receipts: $71,603

Assets and Liabilities:

  • Total Assets: $141,144
  • Total Liabilities: $0
  • Net Assets: $141,144

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Programs

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

MEMBERSHIP DUES

Revenue

$71,565

Organization Details

Founding Year

1987

Principal Officer

Guy Wheaton

NTEE Category

Code: N50 - Recreation

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