Forest City Yacht Club

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

EIN: 340646603 ✦ Cleveland, OH ✦ Designated as a 501(c)(7)

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Overview

What is Forest City Yacht Club?

Forest City Yacht Club is a private organization situated in the Greater Cleveland, Ohio area. Its primary mission is to encourage safe and accountable boating practices within the community. As a social club, it fosters camaraderie among its members, promoting a harmonious environment. The club is dedicated to promoting boating safety and responsibility, contributing positively to the boating culture in the region.


Official website here: www.forestcityyachtclub.com

Is Forest City Yacht Club legitimate?

Forest City Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Forest City Yacht Club 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: $28,260

For more financial information, click here


Official website here: www.forestcityyachtclub.com

What is the mission statement of Forest City Yacht Club?

The Forest City Yacht Club, functioning as a private social organization in the Greater Cleveland area of Ohio, is committed to advocating for safe and responsible boating practices. This esteemed club fosters a sense of camaraderie among its members, serving as a platform for promoting boating-related activities in a responsible manner.


Official website here: www.forestcityyachtclub.com

What is the revenue of Forest City Yacht Club?

Forest City Yacht Club's revenue in 2023 was $391,688.


Official website here: www.forestcityyachtclub.com

Who are the executives of Forest City Yacht Club and what are their salaries?

The average compensation at Forest City Yacht Club during 2023 was $28,260. There is 1 employee at Forest City Yacht Club.

Here are 11 key members and their salaries:


Eric Patrick (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Cheung (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Finn (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vicky Mousty (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Przybojewski (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Winter (Financial Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Svoboda (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joann Piekarczyk (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Montowsky (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Yurosko (Past Commodore Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Fiktus (Fleet Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.forestcityyachtclub.com

Where can I find the form 990 for Forest City Yacht Club?

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


Official website here: www.forestcityyachtclub.com

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

Mission Statement of Forest City Yacht Club

The Forest City Yacht Club, as a private social organization, is dedicated to promoting safe and responsible boating within the Greater Cleveland area. This esteemed club fosters camaraderie among its members while emphasizing the importance of boating safety. By serving as a hub for yacht enthusiasts, the Forest City Yacht Club contributes to the boating community, fostering a sense of unity and shared values.

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Impact




October, 2024

Forest City Yacht Club plays a significant role in promoting safe and responsible boating in the Greater Cleveland area. By fostering a strong sense of community among its members, the club encourages camaraderie and collaboration among boating enthusiasts. The club’s activities not only create a social atmosphere but also facilitate the sharing of knowledge and skills related to boating safety, navigation, and maintenance.

In addition to enhancing the local boating culture, Forest City Yacht Club actively contributes to the recreational landscape of Cleveland. Its commitment to safe boating practices helps ensure that waterways remain enjoyable and accessible for all. Furthermore, through social events and gatherings, the club strengthens connections among members, enriching the community and encouraging a collective responsibility toward environmental stewardship and the preservation of Lake Erie.




This information is meant to be a general summary of Forest City Yacht Club. 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
$391,688 (2023)
Expenses
$366,895 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $798
  • Gross Receipts: $433,565

Assets and Liabilities:

  • Total Assets: $449,174
  • Total Liabilities: $62,821
  • Net Assets: $386,353

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Organization Details

Founding Year

1939

Principal Officer

Eric Patrick

NTEE Category

Code: N50 - Recreation

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