White River Yacht Club Inc

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

EIN: 350873562 ✦ Indianapolis, IN ✦ Designated as a 501(c)(7)

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Overview

What is White River Yacht Club Inc?

White River Yacht Club Inc, situated in Indianapolis, Indiana, serves as a recreational haven for its members. The primary purpose of this nonprofit organization is to maintain and operate its clubhouse facilities and services, providing an ideal setting for various leisure activities. The club offers amenities such as meeting rooms, boat storage, a boat dock, and a bar and food service. With a dedicated workforce of 31 individuals, White River Yacht Club Inc aims to enrich its members' lifestyles by offering a congenial environment for social gatherings and recreational pursuits.


Official website here: www.wryc.net

Is White River Yacht Club Inc legitimate?

White River Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. White River Yacht Club Inc 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: $417,895

For more financial information, click here


Official website here: www.wryc.net

What is the mission statement of White River Yacht Club Inc?

The White River Yacht Club Inc's mission is centered around providing its members with a suitable environment for leisure activities. This includes offering a boat dock, bar and food service, meeting rooms, and boat storage facilities. Their objective is to maintain and operate these facilities and services, ensuring they cater to the leisure activities of their members.


Official website here: www.wryc.net

What is the revenue of White River Yacht Club Inc?

White River Yacht Club Inc's revenue in 2023 was $757,403.


Official website here: www.wryc.net

Who are the executives of White River Yacht Club Inc and what are their salaries?

The average compensation at White River Yacht Club Inc during 2023 was $6,146. There are 68 employees and 11 volunteers at White River Yacht Club Inc.

Here are 11 key members and their salaries:


Emily Mantel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Fox (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Ward (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Whitten (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Ward (Financial Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Hocker (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Murphy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Davis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Caylor (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Welch (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Brown (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wryc.net

Where can I find the form 990 for White River Yacht Club Inc?

White River Yacht Club Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.wryc.net

Learn more at the official website: www.wryc.net

Mission Statement of White River Yacht Club Inc

White River Yacht Club Inc is dedicated to providing its members with a conducive environment for leisure activities. Their primary mission is to offer a facility equipped with a boat dock, a bar and food service, meeting rooms, and storage space for boats. This club house serves as a hub for members to engage in various leisure activities and enjoy the company of their fellow members. The club ensures the maintenance and operation of these facilities to ensure a seamless experience for its members.

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Impact




October, 2024

White River Yacht Club Inc significantly enhances the recreational landscape of Indianapolis by providing its members with a dedicated space for leisure activities. The club's facilities include a boat dock, meeting rooms, and areas for dining and socializing, fostering a vibrant community atmosphere among members. By offering boat storage and organized activities, the club promotes boating and water-based recreation, contributing to the overall quality of life in the area. Additionally, the operation and maintenance of these facilities create opportunities for social interaction, community building, and engagement in recreational pursuits, making the White River Yacht Club a vital resource for members and the surrounding community.




This information is meant to be a general summary of White River Yacht Club Inc. 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
$757,403 (2023)
Expenses
$830,978 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $902
  • Program Service Revenue: $258,770
  • Gross Receipts: $1,676,909

Assets and Liabilities:

  • Total Assets: $1,238,531
  • Total Liabilities: $150,541
  • Net Assets: $1,087,990

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBER DUES

Revenue

$190,475

CATERING

Revenue

$45,694

SOCIAL INCOME

Revenue

$22,601

Organization Details

Founding Year

1953

Principal Officer

Emily Mantel

NTEE Category

Code: N50 - Recreation

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