Mathews Boat Club

Mathews Yacht Club

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

EIN: 237172268 ✦ Mathews, VA ✦ Designated as a 501(c)(7)

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Overview

What is Mathews Boat Club?

Mathews Boat Club, also known as Mathews Yacht Club, is a nonprofit organization located in Mathews, Virginia. Established with a primary focus on social and recreational activities, the club offers its members a dining facility as well. With a dedicated team of 19 employees, the Mathews Boat Club provides a lively and engaging environment for its community members to enjoy leisure time and share experiences. The club's mission remains centered around fostering camaraderie and providing enjoyable recreational opportunities.


Official website here: www.mathewsyc.org

Is Mathews Boat Club legitimate?

Mathews Boat Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Mathews Boat 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: $234,705

For more financial information, click here


Official website here: www.mathewsyc.org

What is the mission statement of Mathews Boat Club?

The Mathews Boat Club serves as a social and recreational hub, offering dining facilities for its members. Its mission, in essence, is centered around providing a space for social interaction and leisure activities, enhanced by the availability of dining amenities. The club's purpose is to foster a welcoming environment where members can engage in various recreational activities, while also enjoying a meal together. The club's activities are designed to promote camaraderie and relaxation among its members.


Official website here: www.mathewsyc.org

Who is the CEO of Mathews Boat Club?

Klas Abrahamsson is the Treasurer of Mathews Boat Club.


Official website here: www.mathewsyc.org

What is the revenue of Mathews Boat Club?

Mathews Boat Club's revenue in 2022 was $408,534.


Official website here: www.mathewsyc.org

Who are the executives of Mathews Boat Club and what are their salaries?

The average compensation at Mathews Boat Club during 2022 was $12,353. There are 19 employees and 10 volunteers at Mathews Boat Club.


Here are 12 key members and their salaries:


Chip Kinsey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vivian Keasler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Payne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Kanner (Immediate Past Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Sieg (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chester Kranz (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Rohde (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Burroughs (Fleet Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Gregg (Fleet Surgeon)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas A Loeslein (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Klas Abrahamsson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mathewsyc.org

Where can I find the form 990 for Mathews Boat Club?

Mathews Boat Club's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mathewsyc.org

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

Mission Statement of Mathews Boat Club

Mathews Boat Club, as a social and recreational club, is dedicated to providing its members with enjoyable activities and dining facilities. The organization's mission can be encapsulated as a commitment to fostering a welcoming environment where individuals can engage in leisurely pursuits and share meals together. By offering social and recreational activities alongside dining facilities, Mathews Boat Club aims to create a vibrant community that brings people together.

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Impact




October, 2024

Mathews Boat Club serves as a vital hub for social and recreational activities in Mathews, Virginia. By providing a welcoming space for community gatherings, the club fosters connections among residents and encourages social interaction. Its dining facilities enhance the experience, offering a place for members to relax and enjoy meals together while engaging in recreational pursuits. This combination of socialization and leisure promotes a sense of community and well-being, making the club an essential part of life in Mathews. Through its various programs and events, Mathews Boat Club contributes to the vibrancy of the local community, supporting both recreational engagement and social cohesion.




This information is meant to be a general summary of Mathews Boat 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
$408,534 (2022)
Expenses
$455,506 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $102,830
  • Gross Receipts: $553,791

Assets and Liabilities:

  • Total Assets: $630,447
  • Total Liabilities: $130,221
  • Net Assets: $500,226

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Programs

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

Slip Fees

Revenue

$26,741

Operations Revenue

Revenue

$25,996

Application Fees

Revenue

$44,550

Locker Fees

Revenue

$5,530

Late Fees

Revenue

$13

Organization Details

Founding Year

1949

Principal Officer

Klas Abrahamsson

Main Address

PO Box 671, Mathews, VA, 23035

NTEE Category

Code: N50 - Recreation

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