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The Great Chesapeake Bay Swim Inc

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

EIN: 311679711 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

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Overview

What is The Great Chesapeake Bay Swim Inc?

The Great Chesapeake Bay Swim Inc, situated in Baltimore, Maryland, is a distinguished nonprofit organization. It is renowned for hosting one of America's top open-water swimming challenges. The annual event, scheduled for the second Sunday of June, involves a 4.4-mile swim across Maryland's Chesapeake Bay. The primary purpose of The Great Chesapeake Bay Swim is to serve as a charitable fundraising event, contributing to various other charities. The event's success further highlights the organization's commitment to making a positive impact in its community.


Official website here: www.bayswim.com

Is The Great Chesapeake Bay Swim Inc legitimate?

The Great Chesapeake Bay Swim Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Great Chesapeake Bay Swim 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


Official website here: www.bayswim.com

What is the mission statement of The Great Chesapeake Bay Swim Inc?

The Great Chesapeake Bay Swim Inc serves as a charitable platform, acting as a fundraising event to support various other charities. Its primary mission is to organize an annual open water swim challenge, known as the Great Chesapeake Bay Swim. This event, which takes place on the second Sunday of June, spans a distance of 4.4 miles across Maryland's Chesapeake Bay. The Great Chesapeake Bay Swim Inc aims to raise funds for these charities, contributing to their causes and making a positive impact in various communities.


Official website here: www.bayswim.com

Who is the CEO of The Great Chesapeake Bay Swim Inc?

Sherri Tolley is the President of The Great Chesapeake Bay Swim Inc.


Official website here: www.bayswim.com

What is the revenue of The Great Chesapeake Bay Swim Inc?

The Great Chesapeake Bay Swim Inc's revenue in 2022 was $102,067.


Official website here: www.bayswim.com

Who are the executives of The Great Chesapeake Bay Swim Inc and what are their salaries?

There 380 volunteers at The Great Chesapeake Bay Swim Inc.


Here are 5 key members and their salaries:


Sherri Tolley (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Dawson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theresa Morningstar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Chance (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Lears (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bayswim.com

Where can I find the form 990 for The Great Chesapeake Bay Swim Inc?

The Great Chesapeake Bay Swim Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bayswim.com

Learn more at the official website: www.bayswim.com

Mission Statement of The Great Chesapeake Bay Swim Inc

The Great Chesapeake Bay Swim Inc, in its mission, serves as a charitable fundraising event. This esteemed organization orchestrates an annual open water swim challenge, known as the Great Chesapeake Bay Swim (GCBS). The event, scheduled for the second Sunday of June, spans a distance of 4.4 miles across Maryland's Chesapeake Bay. By participating in this swim challenge, individuals contribute to the betterment of various charities, making The Great Chesapeake Bay Swim Inc a significant philanthropic endeavor.

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Impact




October, 2024

The Great Chesapeake Bay Swim incites a vibrant community spirit while making a significant charitable impact. This esteemed open water swim challenge, held annually in June, raises funds that are crucial for various other charities. Participants tackle a grueling 4.4-mile swim across Maryland's Chesapeake Bay, showcasing their endurance and commitment to making a difference.

Beyond the physical challenge, the event fosters a sense of unity among swimmers and supporters, emphasizing philanthropy and community involvement. The funds raised contribute to a broad spectrum of causes, amplifying the effect of each swimmer's efforts and promoting a culture of giving back. As a recognized highlight of the open water swimming calendar, it not only elevates awareness for participating charities but also celebrates the beauty of the Chesapeake Bay, encouraging appreciation for this vital ecosystem.




This information is meant to be a general summary of The Great Chesapeake Bay Swim 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
$102,067 (2022)
Expenses
$49,176 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $209,994

Assets and Liabilities:

  • Total Assets: $68,204
  • Total Liabilities: $0
  • Net Assets: $68,204

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Organization Details

Founding Year

1999

Principal Officer

Sherri Tolley

Main Address

20 COMMERCE STREET, BALTIMORE, MD, 21202

NTEE Category

Code: T12 - Philanthropy

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