Overview
What is Put-In-Bay Yacht Club?
The Put-In-Bay Yacht Club, located in Put-in-Bay, Ohio, is a nonprofit organization with approximately 400 members. Their primary focus is on promoting various water-based activities, encompassing yachting, power boating, sailing, and numerous other aquatic sports. The club offers its members a clubhouse that provides food, recreational facilities, and boating opportunities. Yearly events organized by the club include cruise outs, picnics, parties, and numerous social gatherings, further emphasizing their dedication to fostering a community of aquatic enthusiasts. The club is operated by a team of 16 individuals.
Official website here: www.pibyc.org
Is Put-In-Bay Yacht Club legitimate?
Put-In-Bay Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Put-In-Bay 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: $155,580
For more financial information, click here
Official website here: www.pibyc.org
What is the mission statement of Put-In-Bay Yacht Club?
The Put-In-Bay Yacht Club, abbreviated as PIBYC, is committed to fostering various aquatic activities, including yachting, power boating, sailing, and other related sports. Their mission is accomplished through an array of annual events, which include cruise outs, picnics, parties, and numerous other social gatherings. The club house, serving its 400 members, offers food, recreational facilities, and boat-related amenities. The primary goal of PIBYC is to promote and celebrate these aquatic pursuits, providing a vibrant and engaging environment for its members.
Official website here: www.pibyc.org
What is the revenue of Put-In-Bay Yacht Club?
Put-In-Bay Yacht Club's revenue in 2023 was $412,892.
Official website here: www.pibyc.org
Who are the executives of Put-In-Bay Yacht Club and what are their salaries?
The average compensation at Put-In-Bay Yacht Club during 2023 was $5,365. There are 29 employees and 125 volunteers at Put-In-Bay Yacht Club.
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Official website here: www.pibyc.org
Where can I find the form 990 for Put-In-Bay Yacht Club?
Put-In-Bay Yacht Club's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.pibyc.org
Learn more at the official website: www.pibyc.org
Mission Statement of Put-In-Bay Yacht Club
The Put-In-Bay Yacht Club, abbreviated as PIBYC, is committed to fostering various aquatic activities, encompassing yachting, power boating, sailing, and other water sports. The organization hosts a series of annual events to engage its 400 members, including cruise outs, picnics, and numerous social gatherings. These events serve as platforms for members to connect, share experiences, and enjoy their shared passion for water sports. The club house, a vital facility within PIBYC, offers food, recreational, and boating facilities, catering to the diverse needs of its members.
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Impact
October, 2024
Put-In-Bay Yacht Club enhances the local community by fostering a vibrant culture around yachting, power boating, sailing, and aquatic sports. By providing a hub for recreational activities, it brings together around 400 members who share a passion for the water. The club organizes a variety of annual events, including cruise outs, picnics, and social gatherings, which not only promote camaraderie among its members but also attract visitors, contributing to the local economy.
The clubhouse serves as a venue for both food and recreational activities, further enriching the experience for members and their families. By promoting outdoor sports and leisure, the yacht club encourages a healthy lifestyle and a deeper appreciation for the natural beauty of the surrounding area. Overall, the Put-In-Bay Yacht Club plays a significant role in enhancing the social fabric of the community, creating opportunities for connection and recreation on the water.
This information is meant to be a general summary of Put-In-Bay 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $3,454
- Program Service Revenue: $241,016
- Gross Receipts: $613,252
Assets and Liabilities:
- Total Assets: $1,000,569
- Total Liabilities: $165,558
- Net Assets: $835,011
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP FEES
Revenue
$194,270
DOCK FEES
Revenue
$30,447
YEARBOOK
Revenue
$10,476
OTHER
Revenue
$5,823
Organization Details
Founding Year
1923
Principal Officer
Raymond M Arth
Website
www.pibyc.orgNTEE Category
Code: N50 - Recreation
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