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Buffalo Yacht Club Foundation

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

EIN: 272275906 ✦ Buffalo, NY ✦ Designated as a 501(c)(3)

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Overview

What is Buffalo Yacht Club Foundation?

The Buffalo Yacht Club Foundation is a nonprofit organization, situated in Buffalo, New York. Its primary objective is to foster physical well-being, personal growth, self-control, teamwork, and water safety. They achieve this goal by offering instructional programs that equip the general public with the fundamental sailing skills. By delivering these educational programs within their locality, the Buffalo Yacht Club Foundation aim to empower individuals through sailing, thereby promoting these essential values.

Is Buffalo Yacht Club Foundation legitimate?

Buffalo Yacht Club Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Buffalo Yacht Club 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $117,315

For more financial information, click here

What is the mission statement of Buffalo Yacht Club Foundation?

The Buffalo Yacht Club Foundation's mission is centered around promoting physical fitness, personal growth, discipline, teamwork, and water safety. They achieve this by offering educational programs to the public, focusing on teaching fundamental sailing skills. The foundation's primary goal is to impart these skills within its operations, aiming to foster development in individuals.

What is the revenue of Buffalo Yacht Club Foundation?

Buffalo Yacht Club Foundation's revenue in 2023 was $244,238.

Who are the executives of Buffalo Yacht Club Foundation and what are their salaries?

There 8 volunteers at Buffalo Yacht Club Foundation.

Here are 8 key members and their salaries:


Michael Kraft (Board Member/President & Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Maccleverty (Board Member/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul R Neureuter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Bredenburg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Fohl (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Murrett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Godfrey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles G Obersheimer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Buffalo Yacht Club Foundation?

Buffalo Yacht Club Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Buffalo Yacht Club Foundation

The Buffalo Yacht Club Foundation, a nonprofit organization, is dedicated to fostering physical well-being, personal growth, self-discipline, and teamwork while emphasizing water safety. It accomplishes this mission by organizing educational programs aimed at instructing the general public in fundamental sailing skills. The Foundation's primary objective is to impart these essential skills within its operational sphere, thereby contributing to the development of individuals in a holistic manner.

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Impact




August, 2024

The Buffalo Yacht Club Foundation's impact lies in promoting physical fitness, personal development, self-discipline, teamwork, and water safety through educational programs that coach individuals in fundamental sailing skills. Its mission is to teach these skills within its Buffalo, NY location, fostering a culture of learning and growth in the community.




This information is meant to be a general summary of Buffalo Yacht Club 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
$244,238 (2023)
Expenses
$256,644 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $10,065
  • Program Service Revenue: $178,822
  • Gross Receipts: $244,238

Assets and Liabilities:

  • Total Assets: $425,898
  • Total Liabilities: $77,435
  • Net Assets: $348,463

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Programs

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

SUMMER CAMP

Revenue

$132,396

SAILING

Revenue

$46,426

Organization Details

Principal Officer

Michael Kraft

NTEE Category

Code: N67 - Recreation

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