Overview
What is Western Reserve Yacht Club?
The Western Reserve Yacht Club is a nonprofit organization dedicated to fostering the love for yachting. Their primary objective is to educate their members about the regulations and ethics of sailing, as well as to promote the sport itself. By doing so, they aim to instill a strong adherence to navigation and seamanship rules within their community.
Is Western Reserve Yacht Club legitimate?
Western Reserve Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Western Reserve 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Western Reserve Yacht Club?
The Western Reserve Yacht Club's mission is centered around promoting and fostering the love for yachting. They strive to educate their members about the regulations and practices of navigation and seamanship. The primary objective is to cultivate a deep interest in yachting among its members. The club actively works towards encouraging adherence to the rules and principles associated with this sport.
What is the revenue of Western Reserve Yacht Club?
Western Reserve Yacht Club's revenue in 2024 was $145,815.
Who are the executives of Western Reserve Yacht Club and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990EZ for Western Reserve Yacht Club?
Western Reserve Yacht Club's most recent form 990EZ was submitted in 2024 and can be accessed here.
Mission Statement of Western Reserve Yacht Club
The Western Reserve Yacht Club, established with the mission to promote and encourage the practice of yachting, encourages its members to acquaint themselves with the regulations and principles of navigation and seamanship. This nonprofit organization is dedicated to fostering the growth of yachting as a sport, inspiring its members to uphold and abide by the necessary guidelines.
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Impact
October, 2024
Western Reserve Yacht Club plays a significant role in promoting and encouraging the sport of yachting within the Grand River community. By fostering a passion for sailing and navigation, the club helps members develop their familiarity with essential seamanship skills and maritime regulations. This commitment to education and safety not only enhances the individual experiences of its members but also contributes to a stronger, more informed yachting community.
The club's activities create an engaging environment for recreational sailing, attracting individuals and families who appreciate the outdoors and the challenges of sailing. Its focus on promoting yachting as a sport encourages camaraderie among members, fostering connections and friendships that extend beyond the water. By cultivating a culture of respect for maritime rules and navigation practices, Western Reserve Yacht Club helps ensure safer experiences for all who participate in recreational boating in the region.
Overall, the impact of Western Reserve Yacht Club resonates through its dedication to enhancing the yachting experience, encouraging responsible practices, and building a vibrant community centered around love for the water and supporting recreational activities.
This information is meant to be a general summary of Western Reserve 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 2024.
- Investment Income: $1,184
- Program Service Revenue: $131,488
- Gross Receipts: $145,815
Assets and Liabilities:
- Total Assets: $466,993
- Total Liabilities: $44,032
- Net Assets: $422,961
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Organization Details
Principal Officer
Don Walton
NTEE Category
Code: N03 - Recreation
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