Clear Lake Yacht Club Inc

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

EIN: 351083295 ✦ Fremont, IN ✦ Designated as a 501(c)(7)

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Overview

What is Clear Lake Yacht Club Inc?

Clear Lake Yacht Club Inc, situated in Fremont, IN, is a vibrant nonprofit organization that promotes camaraderie among local residents. It boasts two engaging clubs: a sailing club and a tennis club. The sailing club encourages adults to enhance their competitive sailing skills, upholding good sportsmanship and camaraderie as its core values. Simultaneously, the tennis club caters to both adults and youths, offering physical exercise and training opportunities, as well as fostering social connections through shared interests. Clear Lake Yacht Club Inc serves as a hub for community engagement and leisure activities.

Is Clear Lake Yacht Club Inc legitimate?

Clear Lake Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Clear Lake Yacht Club Inc 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

For more financial information, click here

What is the mission statement of Clear Lake Yacht Club Inc?

Clear Lake Yacht Club Inc's mission is centered around fostering fellowship among the local community. Through its sailing and tennis clubs, it offers engaging experiences. The sailing club encourages adults to develop their competitive sailing skills, promoting good sportsmanship and camaraderie. Simultaneously, the tennis club caters to both adults and youths, providing exercise and training opportunities. It also facilitates socialization among members by encouraging interaction based on shared interests in tennis.

What is the revenue of Clear Lake Yacht Club Inc?

Clear Lake Yacht Club Inc's revenue in 2024 was $137,396.

Who are the executives of Clear Lake Yacht Club Inc and what are their salaries?

There 40 volunteers at Clear Lake Yacht Club Inc.

Here are 9 key members and their salaries:


Brian Zeller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Geiger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Matasick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Schenkel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathon E Moss (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Ziegler (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Weber (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Kellermeyer (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Clear Lake Yacht Club Inc?

Clear Lake Yacht Club Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Clear Lake Yacht Club Inc

Clear Lake Yacht Club, as a nonprofit organization, promotes fellowship among the local community through its sailing and tennis clubs. The sailing club encourages adults to develop their competitive sailing skills, placing significant emphasis on sportsmanship and camaraderie. On the other hand, the tennis club caters to both adults and youths, offering exercise and training opportunities while fostering social connections through shared interests.

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Impact




October, 2024

Clear Lake Yacht Club Inc significantly enhances community engagement and personal development in Fremont, IN, through its vibrant sailing and tennis programs. By fostering a spirit of fellowship, the yacht club enables residents to form meaningful connections while pursuing shared passions.

The sailing club provides adults with the chance to develop skills in competitive sailing, promoting not only personal growth and resilience but also a strong sense of sportsmanship and camaraderie among participants. This focus on teamwork contributes to a supportive community atmosphere.

Similarly, the tennis club actively serves both adults and youths, offering structured exercise and training opportunities. This not only helps improve physical fitness but also encourages social interaction, allowing members to connect through shared interests and experiences. Overall, Clear Lake Yacht Club Inc plays a pivotal role in enriching the local community, promoting healthy lifestyles, and building lasting friendships.




This information is meant to be a general summary of Clear Lake 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
$137,396 (2024)
Expenses
$133,971 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $2,691
  • Gross Receipts: $218,406

Assets and Liabilities:

  • Total Assets: $318,276
  • Total Liabilities: $0
  • Net Assets: $318,276

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Organization Details

Principal Officer

Chris Ziegler

NTEE Category

Code: N50 - Recreation

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