Overview
What is Lavallette Yacht Club?
The Lavallette Yacht Club is a seasonal nonprofit organization situated in Lavallette, New Jersey. With a strong focus on promoting sailing, boating, and social interaction, the club offers its members storage facilities for their boats and manages the maintenance of the equipment and vessels. The club's mission is centered around fostering a sense of camaraderie among its members, ultimately creating an engaging boating community. The Lavallette Yacht Club is home to 37 dedicated individuals who share a passion for sailing and boating.
Official website here: www.lavaletteyc.org
Is Lavallette Yacht Club legitimate?
Lavallette Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lavallette 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: $150,635
For more financial information, click here
Official website here: www.lavaletteyc.org
What is the mission statement of Lavallette Yacht Club?
The Lavallette Yacht Club, as a organization, is dedicated to fostering an interest in sailing and boating, while also encouraging social interaction among its members. Its mission is centered around promoting these activities, serving as a platform for members to engage in these pursuits. The club provides seasonal boat storage facilities for its members and takes responsibility for maintaining the equipment and boats, contributing to a seamless sailing experience.
Official website here: www.lavaletteyc.org
What is the revenue of Lavallette Yacht Club?
Lavallette Yacht Club's revenue in 2023 was $896,837.
Official website here: www.lavaletteyc.org
Who are the executives of Lavallette Yacht Club and what are their salaries?
The average compensation at Lavallette Yacht Club during 2023 was $5,794. There are 26 employees at Lavallette Yacht Club.
Here are 13 key members and their salaries:
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Official website here: www.lavaletteyc.org
Where can I find the form 990 for Lavallette Yacht Club?
Lavallette Yacht Club's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lavaletteyc.org
Learn more at the official website: www.lavaletteyc.org
Mission Statement of Lavallette Yacht Club
The Lavallette Yacht Club, as a nonprofit organization, is dedicated to promoting sailing, boating, and fostering social interaction among its members. Its mission is to provide a platform where individuals can engage in these activities, encouraging camaraderie and shared experiences. The club offers seasonal boat storage to its members and takes charge of the maintenance costs associated with the equipment and boats. By doing so, Lavallette Yacht Club ensures that its members can focus on enjoying their time on the water while the club handles the logistical aspects.
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Impact
October, 2024
Lavallette Yacht Club significantly enhances the local community by promoting sailing, boating, and social interaction among its members. Its seasonal boat storage services provide convenience and accessibility for boat enthusiasts, fostering a shared passion for water activities. Through organized events and activities, the club creates valuable opportunities for social engagement, strengthening community bonds and building lasting relationships among members. The focus on maintaining equipment and boats ensures a safe and enjoyable experience on the water, further encouraging participation in recreational boating. Overall, the Lavallette Yacht Club serves as a vital hub for recreation and camaraderie, positively impacting residents and visitors alike in Lavallette, NJ.
This information is meant to be a general summary of Lavallette 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $28,203
- Program Service Revenue: $435,033
- Gross Receipts: $910,637
Assets and Liabilities:
- Total Assets: $1,472,840
- Total Liabilities: $47,446
- Net Assets: $1,425,394
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER FOOD SERVICES
Revenue
$158,743
MEMBER BOAT STORAGE
Revenue
$141,132
JUNIOR SAILING PROGRAM
Revenue
$87,704
MEMBER EVENT PROGRAMS
Revenue
$19,782
OUTSIDE EVENTS
Revenue
$27,672
Organization Details
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