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Grand Lake Yacht Club Sailing Foundation

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

EIN: 260721366 ✦ Granby, CO ✦ Designated as a 501(c)(3)

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Overview

What is Grand Lake Yacht Club Sailing Foundation?

The Grand Lake Yacht Club Sailing Foundation is a nonprofit organization dedicated to fostering amateur sailing within its community. Their primary focus includes providing sailing education, organizing competitions, and promoting water safety. They are committed to expanding the support base for sailing by making it more affordable. The organization has made a significant contribution by replacing docks, demonstrating their dedication to the sport's infrastructure. They also collaborate with other organizations such as the Community Sailing of Colorado, as shown in the provided attachments.


Official website here: www.glycsailingfoundation.org

Is Grand Lake Yacht Club Sailing Foundation legitimate?

Grand Lake Yacht Club Sailing Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grand Lake Yacht Club Sailing Foundation submitted a form 990EZ, 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.


Official website here: www.glycsailingfoundation.org

What is the mission statement of Grand Lake Yacht Club Sailing Foundation?

The Grand Lake Yacht Club Sailing Foundation's mission is centered around promoting amateur sailing. This involves fostering sailing education, encouraging competition, and ensuring water safety. The organization is dedicated to expanding the support base for sailing as a sport within its community, doing so in an affordable manner. Through its contributions, such as the replacement of docks, and collaborations with organizations like the Community Sailing of Colorado, the foundation aims to make sailing more accessible and widely appreciated.


Official website here: www.glycsailingfoundation.org

Who is the CEO of Grand Lake Yacht Club Sailing Foundation?

Catherine Austin is the President of Grand Lake Yacht Club Sailing Foundation.


Official website here: www.glycsailingfoundation.org

What is the revenue of Grand Lake Yacht Club Sailing Foundation?

Grand Lake Yacht Club Sailing Foundation's revenue in 2022 was $70,973.


Official website here: www.glycsailingfoundation.org

Who are the executives of Grand Lake Yacht Club Sailing Foundation and what are their salaries?


Here are 5 key members and their salaries:


Catherine Austin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Cox (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Weinig (Sectretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Eldridge (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Buck Blessing (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.glycsailingfoundation.org

Where can I find the form 990EZ for Grand Lake Yacht Club Sailing Foundation?

Grand Lake Yacht Club Sailing Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.glycsailingfoundation.org

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

Mission Statement of Grand Lake Yacht Club Sailing Foundation

The Grand Lake Sailing Foundation, with a focus on promoting affordability, is dedicated to fostering amateur sailing in the community. Their mission encompasses three main aspects: sailing education, competition, and water safety. By doing so, they aim to expand the support base for sailing as a sport. Additionally, the foundation contributes to replacing docks, demonstrating their commitment to the sustainability and accessibility of the sport. Their efforts are geared towards broadening the appeal of sailing within the community. (Source: Information provided)

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Impact




August, 2024

The Grand Lake Yacht Club Sailing Foundation has had a significant impact on promoting amateur sailing in the community of Granby, Colorado. Through its dedication to sailing education, competition, and water safety, the foundation plays a crucial role in broadening support for the sport of sailing. Additionally, the foundation's contributions, such as replacing docks and supporting Community Sailing of Colorado, have helped enhance access to sailing activities and facilities, making it more affordable and accessible for enthusiasts in the area. Overall, the Grand Lake Yacht Club Sailing Foundation's efforts have not only supported the growth of amateur sailing but have also fostered a vibrant sailing community in the region.




This information is meant to be a general summary of Grand Lake Yacht Club Sailing Foundation. 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
$70,973 (2022)
Expenses
$21,039 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $67
  • Gross Receipts: $72,570

Assets and Liabilities:

  • Total Assets: $131,158
  • Total Liabilities: $2,488
  • Net Assets: $128,670

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Organization Details

Principal Officer

Catherine Austin

Main Address

PO BOX 624, GRANBY, CO, 80446

NTEE Category

Code: N67 - Recreation

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