Overview
What is Vermilion Boat Club?
The Vermilion Boat Club is a nonprofit organization located at 5416 Liberty Ave, Vermilion, Ohio 44089. Their primary mission is to foster a love for yachting and boating on the Great Lakes. With a workforce of 70 individuals, they are dedicated to promoting these water activities within this expansive lake system. The club's activities and mission remain focused on encouraging boating enthusiasts and expanding their knowledge and appreciation for the Great Lakes.
Official website here: www.vermilionboatclub.com
Is Vermilion Boat Club legitimate?
Vermilion Boat Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Vermilion Boat 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:
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Other Salaries and Wages: $523,705
For more financial information, click here
Official website here: www.vermilionboatclub.com
What is the mission statement of Vermilion Boat Club?
The Vermilion Boat Club's mission is centered around promoting the joy of yachting and boating in the vast expanse of the Great Lakes. The club actively works towards this goal, aiming to foster a love for these water activities among its members and the wider boating community. By doing so, the Vermilion Boat Club contributes to the celebration and preservation of the boating culture in the area. The club's activities are geared towards promoting safe and enjoyable boating experiences, fostering camaraderie among its members, and encouraging the appreciation of the Great Lakes as a unique boating destination.
Official website here: www.vermilionboatclub.com
What is the revenue of Vermilion Boat Club?
Vermilion Boat Club's revenue in 2023 was $1,657,501.
Official website here: www.vermilionboatclub.com
Who are the executives of Vermilion Boat Club and what are their salaries?
The average compensation at Vermilion Boat Club during 2023 was $7,077. There are 74 employees and 70 volunteers at Vermilion Boat Club.
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Official website here: www.vermilionboatclub.com
Where can I find the form 990 for Vermilion Boat Club?
Vermilion Boat Club's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.vermilionboatclub.com
Learn more at the official website: www.vermilionboatclub.com
Mission Statement of Vermilion Boat Club
Vermilion Boat Club, a notable organization, is committed to fostering an interest in yachting and boating within the vast expanse of the Great Lakes. Their primary mission is to encourage and support boating enthusiasts, promoting the enjoyment and exploration of these waterways. By doing so, they aim to nurture a sense of camaraderie and shared appreciation for the boating lifestyle within the boating community.
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Impact
October, 2024
Vermilion Boat Club has a significant impact on the cultural and recreational landscape of the Great Lakes region. By promoting yachting and boating, it fosters a strong sense of community among boating enthusiasts and encourages outdoor activities that enhance the quality of life for residents and visitors alike. The club actively engages individuals and families in recreational pursuits, contributing to the local economy through events, tourism, and boating-related services.
Furthermore, the club plays a vital role in environmental stewardship by raising awareness about the importance of preserving the Great Lakes ecosystem. Through educational programs and community initiatives, Vermilion Boat Club fosters a culture of responsible boating and environmental conservation. Overall, its presence enriches the community, supports local businesses, and encourages a deeper appreciation for the natural beauty of the Great Lakes.
This information is meant to be a general summary of Vermilion Boat 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: $1,673
- Program Service Revenue: $1,632,770
- Gross Receipts: $1,685,897
Assets and Liabilities:
- Total Assets: $897,724
- Total Liabilities: $195,852
- Net Assets: $701,872
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DUES
Revenue
$615,389
FOOD SALES
Revenue
$421,147
BAR SALES
Revenue
$303,735
DOCKAGE
Revenue
$97,419
HALL RENTAL
Revenue
$55,024
Organization Details
Founding Year
1913
Principal Officer
Cliff Simonson
Website
www.vermilionboatclub.comNTEE Category
Code: N67 - Recreation
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