Apostle Islands Yacht Club Inc

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

EIN: 237222426 ✦ Saint paul, MN ✦ Designated as a 501(c)(7)

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Overview

What is Apostle Islands Yacht Club Inc?

Apostle Islands Yacht Club Inc is a member-driven, nonprofit organization situated in Saint Paul, Minnesota. With a focus on Lake Superior, the club is committed to fostering an environment that encourages sailing and racing activities. This mission is carried out through various initiatives, aiming to engage and unite its members. The club's headquarters can be found at 2122 Lincoln Avenue, and its mission remains unchanged, as it continues to promote sailing and racing on Lake Superior.

Is Apostle Islands Yacht Club Inc legitimate?

Apostle Islands Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Apostle Islands 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 Apostle Islands Yacht Club Inc?

The Apostle Islands Yacht Club Inc, as a 501c-7 organization, is primarily driven by its members to advocate for and foster sailing and racing activities on Lake Superior. Their mission is centered around promoting these activities, encouraging a sense of community among sailors, and potentially organizing competitive races. This non-profit organization aims to provide an engaging environment for individuals with an interest in sailing and racing.

Who is the CEO of Apostle Islands Yacht Club Inc?

Mike Hepp is the Past Commadore of Apostle Islands Yacht Club Inc.

What is the revenue of Apostle Islands Yacht Club Inc?

Apostle Islands Yacht Club Inc's revenue in 2022 was $112,699.

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

There 9 volunteers at Apostle Islands Yacht Club Inc.


Here are 8 key members and their salaries:


Christian Gould (Past Commadore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Carey (Commadore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Drake (Social)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Hepp (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Larsen (Harbormaster)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeri Goodspeed Gross (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Finn (Facilities)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leann Taylor (Vice Commadore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Apostle Islands Yacht Club Inc?

Apostle Islands Yacht Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Apostle Islands Yacht Club Inc

Apostle Islands Yacht Club Inc, as a 501c-7 organization, is driven by its members and committed to promoting sailing and racing activities on Lake Superior. This mission is at the core of its existence, encouraging both recreation and competition among its members. The club's primary objective is to foster a sailing community that celebrates the unique challenges and joys of Lake Superior's waters. By promoting sailing and racing, the Apostle Islands Yacht Club Inc aims to engage its members in a shared passion and create a sense of camaraderie within the sailing community.

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Impact




October, 2024

Apostle Islands Yacht Club Inc significantly enhances the sailing and racing community on Lake Superior. By fostering a vibrant and supportive environment for sailing enthusiasts, the club cultivates a passion for water sports and encourages participation in recreational activities. This not only strengthens the local sailing culture but also creates a sense of camaraderie among members.

Through organized races and events, the club brings together individuals of various skill levels, promoting teamwork and sportsmanship. The emphasis on sailing education allows participants to improve their skills and experience the joys of the sport, ultimately contributing to personal growth and community engagement.

In addition to recreational benefits, the club’s activities can have a positive economic impact on the area, as events attract visitors and bolster local businesses. By promoting a love for sailing, the Apostle Islands Yacht Club Inc plays a crucial role in preserving the natural beauty and enjoyment of Lake Superior for future generations.




This information is meant to be a general summary of Apostle Islands 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
$112,699 (2022)
Expenses
$43,476 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $37
  • Program Service Revenue: $109,662
  • Gross Receipts: $112,699

Assets and Liabilities:

  • Total Assets: $567,530
  • Total Liabilities: $1,778
  • Net Assets: $565,752

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Programs

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

Dockside Income

Revenue

$79,926

Membership Dues & Assessments

Revenue

$29,736

Organization Details

Founding Year

1963

Principal Officer

Mike Hepp

Main Address

2122 Linclon Avenue, Saint Paul, MN, 55105

NTEE Category

Code: N50 - Recreation

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