Gravel Bar Yacht Club

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

EIN: 341331781 ✦ Marblehead, OH ✦ Designated as a 501(c)(7)

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Overview

What is Gravel Bar Yacht Club?

Gravel Bar Yacht Club, situated in Marblehead, OH, is a nonprofit organization dedicated to fostering a sense of camaraderie among its members and other yachting and boating enthusiasts. Their primary objective is to promote aquatic sports and encourage leisure activities, catering to various interests. The club finances its operations, including rent and lodge building expenses, through membership dues and social events. The Gravel Bar Yacht Club serves as a hub for individuals with a shared passion for yachting and boating, offering opportunities for recreation and social interaction.

Is Gravel Bar Yacht Club legitimate?

Gravel Bar Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Gravel Bar Yacht Club 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.

What is the mission statement of Gravel Bar Yacht Club?

The Gravel Bar Yacht Club's mission revolves around fostering an interest in yachting, boating, and aquatic sports. It seeks to establish amicable social connections among its members and other related clubs. Various recreational activities and diversions cater to a wide range of enthusiasts, serving as a source of revenue for the club through membership dues and social events. The club's primary objective is to cover its expenses related to the lodge building, which is located in an unspecified location.

Who is the CEO of Gravel Bar Yacht Club?

Unavailable

What is the revenue of Gravel Bar Yacht Club?

Gravel Bar Yacht Club's revenue in 2022 was $46,163.

Who are the executives of Gravel Bar Yacht Club and what are their salaries?


Here are 6 key members and their salaries:


Deborah A Blem-Mccarthy (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Gerding (Fleet Surgeo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cullen Johnson (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Gerding (Vice Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Bauders (Fleet Captai)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danis Putzbach (Rear Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Gravel Bar Yacht Club?

Gravel Bar Yacht Club's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Gravel Bar Yacht Club

Gravel Bar Yacht Club, as a nonprofit organization, is dedicated to fostering an interest in yachting, boating, and aquatic sports. Its primary mission is to establish a sense of camaraderie among its members and other similar clubs. The club achieves this by organizing a variety of recreational activities and diversions, catering to various enthusiasts. The primary source of funding for these activities and the maintenance of the lodge building is derived from membership dues and social events. Gravel Bar Yacht Club's purpose is not just limited to promoting water-based activities but also creates an environment that encourages friendly interactions among its members, thereby strengthening their social relationships.

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Impact




October, 2024

Gravel Bar Yacht Club fosters a vibrant community centered around yachting, boating, and aquatic sports in Marblehead, OH. By bringing together enthusiasts from various backgrounds, the club facilitates friendly social relationships among its members and promotes a shared passion for recreational water activities.

The club hosts a range of recreational events and diversions that cater to different interests, ensuring that there is something for everyone. This creates an inclusive environment that encourages participation and camaraderie among members and guests, strengthening bonds within the community.

Additionally, the financial contributions from membership dues and social activities support the maintenance of the lodge building, allowing the club to provide a welcoming space for gatherings, events, and social interactions. Ultimately, Gravel Bar Yacht Club plays a pivotal role in enhancing local tourism, fostering recreational opportunities, and contributing to the overall social fabric of Marblehead.




This information is meant to be a general summary of Gravel Bar 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
$46,163 (2022)
Expenses
$25,949 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $50,792

Assets and Liabilities:

  • Total Assets: $405,277
  • Total Liabilities: $129,305
  • Net Assets: $275,972

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Organization Details

Main Address

PO BOX 151, MARBLEHEAD, OH, 43440

NTEE Category

Code: N50 - Recreation

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