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Nautical Donations Inc

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

EIN: 300103944 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Nautical Donations Inc?

Nautical Donations Inc is a nonprofit organization situated in Chicago, Illinois. Their primary mission involves supporting member organizations and their initiatives by selling donated boats and related equipment. They act as a facilitator, soliciting boat donations on behalf of their members. By selling around 12 to 20 boats, they generate funds intended for outreach programs centered around boating and boating education. These funds help enhance the reach and impact of their affiliated organizations.


Official website here: www.nauticaldonations.org

Is Nautical Donations Inc legitimate?

Nautical Donations Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nautical Donations 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.


Official website here: www.nauticaldonations.org

What is the mission statement of Nautical Donations Inc?

Nautical Donations Inc's mission is centered around supporting member organizations and their programs. They accomplish this by selling donated boats and equipment, typically raising funds from the sale of 12 to 20 boats. The primary objective of these funds is to aid in outreach initiatives through boating and boating education. The organization does not provide specific details about the nature of the outreach or education, but it is clear that they play a crucial role in promoting these activities within their members' programs.


Official website here: www.nauticaldonations.org

Who is the CEO of Nautical Donations Inc?

Unavailable


Official website here: www.nauticaldonations.org

What is the revenue of Nautical Donations Inc?

Nautical Donations Inc's revenue in 2022 was $187,013.


Official website here: www.nauticaldonations.org

Who are the executives of Nautical Donations Inc and what are their salaries?


Here are 3 key members and their salaries:


Deane Tank (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Bied (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John G Crowley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nauticaldonations.org

Where can I find the form 990EZ for Nautical Donations Inc?

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


Official website here: www.nauticaldonations.org

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

Mission Statement of Nautical Donations Inc

Nautical Donations Inc is an organization that plays a crucial role in supporting various member organizations and their programs. Their mission is centered around the sale of donated boats and equipment. By soliciting boat donations on behalf of these members, Nautical Donations raises funds through the selling of 12 to 20 boats. The proceeds from these sales are then used to bolster outreach initiatives through boating and boating education. Essentially, Nautical Donations serves as a bridge, connecting boat donors with worthy organizations that can benefit from the funds generated from the sale of these vessels. In this way, the nonprofit contributes to the expansion of boating and boating education programs, thereby positively impacting the communities they serve.

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Impact




October, 2024

Nautical Donations Inc makes a significant impact by transforming donated boats and equipment into vital funding for boating outreach and education programs. By soliciting boat donations on behalf of its member organizations, Nautical Donations generates revenue through the sale of these donated items, typically managing the sale of 12 to 20 boats. The funds raised are allocated to support various initiatives that enhance community engagement with boating, promote safety, and provide educational opportunities. This effort not only sustains the member organizations but also enriches the broader community by fostering a deeper appreciation for boating and its associated activities. Operating out of Chicago, IL, Nautical Donations Inc is directly contributing to public benefit and empowerment through its innovative approach to resource utilization.




This information is meant to be a general summary of Nautical Donations 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
$187,013 (2022)
Expenses
$188,027 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $189
  • Gross Receipts: $187,013

Assets and Liabilities:

  • Total Assets: $108,521
  • Total Liabilities: $0
  • Net Assets: $108,521

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Organization Details

Main Address

3434 E 95th Street, Chicago, IL, 60617

NTEE Category

Code: W12 - Public benefit

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