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Boathouse Foundation Inc

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

EIN: 270332204 ✦ Edgartown, MA ✦ Designated as a 501(c)(3)

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Overview

What is Boathouse Foundation Inc?

Boathouse Foundation Inc is a nonprofit organization that operates on Martha's Vineyard, assisting local charities in achieving their mission statements. Their focus areas include supporting local housing needs through Edgartown Affordable Housing and contributing to the development of youth organizations, particularly the Boys & Girls Club of Martha's Vineyard. The foundation plays a crucial role in enhancing the community by funding various charitable and educational initiatives on the island.

Is Boathouse Foundation Inc legitimate?

Boathouse Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boathouse Foundation Inc 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.

What is the mission statement of Boathouse Foundation Inc?

The Boathouse Foundation's mission is centered around aiding various local charities in achieving their objectives. It specifically focuses on supporting organizations that contribute to charitable and educational activities. The foundation demonstrates its commitment by assisting initiatives for affordable housing through Edgartown Affordable Housing and providing resources to youth-oriented organizations, such as the Boys & Girls Club of Martha's Vineyard. In essence, the Boathouse Foundation serves as a catalyst, helping these charities fulfill their mission statements and positively impact their respective communities.

Who is the CEO of Boathouse Foundation Inc?

Melissa Halleran is the Treasurer of Boathouse Foundation Inc.

What is the revenue of Boathouse Foundation Inc?

Boathouse Foundation Inc's revenue in 2022 was $101,429.

Who are the executives of Boathouse Foundation Inc and what are their salaries?


Here are 2 key members and their salaries:


Daniel W Stanton (President & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Halleran (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Boathouse Foundation Inc?

Boathouse Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Boathouse Foundation Inc

The Boathouse Foundation is an organization that plays a crucial role in aiding local charities in achieving their diverse mission objectives. Its primary focus is on supporting initiatives that promote charitable and educational activities within its community. Two of its key programs include contributing to the need for affordable housing on Martha's Vineyard through Edgartown Affordable Housing and providing assistance to local youth organizations, specifically the Boys & Girls Club of Martha's Vineyard. By engaging in these activities, the Boathouse Foundation is committed to enhancing the well-being and opportunities of its community members, particularly the youth.

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Impact




October, 2024

The Boathouse Foundation Inc significantly enhances the wellbeing of the Martha's Vineyard community by strategically supporting local charities that address critical needs. By focusing on housing and youth development, the foundation facilitates access to affordable housing through collaborations with Edgartown Affordable Housing, thereby working towards ensuring that residents have stable living conditions. Additionally, by providing essential resources to youth organizations such as the Boys & Girls Club of Martha's Vineyard, the foundation plays a vital role in fostering a supportive environment for the island's young residents. Through these efforts, the Boathouse Foundation Inc not only contributes to education and personal growth but also strengthens the fabric of the community, making a tangible impact on the lives of those who call Martha's Vineyard home.




This information is meant to be a general summary of Boathouse Foundation 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
$101,429 (2022)
Expenses
$76,035 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $19
  • Gross Receipts: $101,429

Assets and Liabilities:

  • Total Assets: $93,566
  • Total Liabilities: $0
  • Net Assets: $93,566

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Organization Details

Principal Officer

Melissa Halleran

Main Address

PO BOX 2340, EDGARTOWN, MA, 02539

NTEE Category

Code: B82 - Education

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