Cooper River Yacht Club

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

EIN: 226085423 ✦ Collingswood, NJ ✦ Designated as a 501(c)(7)

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Overview

What is Cooper River Yacht Club?

The Cooper River Yacht Club is a nonprofit organization situated in Collingswood, New Jersey. Established with a primary focus on fostering and developing its members' interest and skills in yachting, boating, and seamanship, the club achieves this goal through hosting competitive meets and regattas. Furthermore, the club promotes social activities among its members and those related to it, enhancing camaraderie and overall club experience. With a dedicated team of 13 individuals, the Cooper River Yacht Club serves to provide its members with a dynamic and engaging environment for sailing enthusiasts.


Official website here: www.cooperriveryc.org

Is Cooper River Yacht Club legitimate?

Cooper River Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Cooper River Yacht 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $49,490

For more financial information, click here


Official website here: www.cooperriveryc.org

What is the mission statement of Cooper River Yacht Club?

The Cooper River Yacht Club's mission is centered around nurturing and enhancing its members' skills and passion for yachting, boating, and seamanship. This is achieved primarily through organizing competitive meets and regattas. Additionally, the club promotes social interactions among its members and those with similar interests, fostering a sense of camaraderie and community within its membership.


Official website here: www.cooperriveryc.org

What is the revenue of Cooper River Yacht Club?

Cooper River Yacht Club's revenue in 2023 was $154,610.


Official website here: www.cooperriveryc.org

Who are the executives of Cooper River Yacht Club and what are their salaries?

The average compensation at Cooper River Yacht Club during 2023 was $3,535. There are 14 employees and 25 volunteers at Cooper River Yacht Club.

Here are 5 key members and their salaries:


Fred Schaefer (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Hickey (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Stein (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Mcdonough (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Creighton (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cooperriveryc.org

Where can I find the form 990 for Cooper River Yacht Club?

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


Official website here: www.cooperriveryc.org

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

Mission Statement of Cooper River Yacht Club

The Cooper River Yacht Club, as an organization, is dedicated to nurturing and enhancing its members' interests and abilities in yachting, boating, and seamanship. This is achieved through the promotion of competitive meets and regattas, providing a platform for members to test their skills and grow within the field. Additionally, the club fosters camaraderie among its members and kindred by organizing social activities. By engaging in these various pursuits, the Cooper River Yacht Club aims to create a dynamic and supportive community for its members, fostering their personal growth and enjoyment of yachting and boating.

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Impact




October, 2024

Cooper River Yacht Club significantly enriches the local community by fostering skills and passion for yachting, boating, and seamanship. Through its competitive meets and regattas, the club not only hones the talents of its members but also encourages sportsmanship and camaraderie among boating enthusiasts. The club provides a platform for individuals to engage in competitive sailing, enhancing their skills and ensuring a high standard of maritime knowledge.

Beyond competition, the club promotes a vibrant social environment where members and like-minded individuals can connect. Social activities and gatherings strengthen community bonds, creating lasting friendships and networking opportunities that transcend the sport itself. The emphasis on collaboration and shared experiences nurtures a supportive atmosphere, making the sailing community more inclusive and engaged.

In Collingswood, NJ, Cooper River Yacht Club plays a vital role in promoting recreational boating as a valuable aspect of local culture. Its initiatives contribute to environmental awareness and encourage safe boating practices, ultimately benefiting the broader ecosystem. By fostering a love for the water and maritime activities, Cooper River Yacht Club leaves a positive, lasting impact on both its members and the surrounding community.




This information is meant to be a general summary of Cooper River Yacht 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.

Revenue
$154,610 (2023)
Expenses
$145,506 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $3
  • Program Service Revenue: $50,000
  • Gross Receipts: $154,610

Assets and Liabilities:

  • Total Assets: $96,464
  • Total Liabilities: $680
  • Net Assets: $95,784

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Programs

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

LEARN TO SAIL YOUTH

Revenue

$30,300

LEARN TO SAIL ADULT

Revenue

$19,700

Organization Details

Founding Year

1997

Principal Officer

Fred Schaefer

NTEE Category

Code: N50 - Recreation

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