International Laser Class Association North American Region Inc

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

EIN: 351768605 ✦ Pasadena, MD ✦ Designated as a 501(c)(7)

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Overview

What is International Laser Class Association North American Region Inc?

The International Laser Class Association North American Region Inc is a nonprofit organization dedicated to overseeing sailing competitions for the Laser Class boat. They meticulously confirm the measurements and performance of approximately 2700 boats within their region to ensure compliance. Throughout the year, they orchestrate and manage various sailing regattas, such as the Laser North American and World Championships, to engage and challenge boat owners. This nonprofit's mission is to foster a vibrant and inclusive community for Laser Class sailors in North America.


Official website here: www.laser.org

Is International Laser Class Association North American Region Inc legitimate?

International Laser Class Association North American Region Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. International Laser Class Association North American Region 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.


Official website here: www.laser.org

What is the mission statement of International Laser Class Association North American Region Inc?

The International Laser Class Association North American Region Inc is primarily focused on organizing sailing competitions. They specialize in regattas for the Laser Class boat, verifying the measurements and performance of approximately 2700 boats within their region. Beyond this, they also organize and facilitate sailing events throughout the year, culminating in significant events such as the Laser North American and World Championships. Their primary objective is to promote and regulate the sport within North America, ensuring fair competition and accurate measurement standards for the Laser Class boats.


Official website here: www.laser.org

Who is the CEO of International Laser Class Association North American Region Inc?

Walt Spevak is the Treasurer of International Laser Class Association North American Region Inc.


Official website here: www.laser.org

What is the revenue of International Laser Class Association North American Region Inc?

International Laser Class Association North American Region Inc's revenue in 2022 was $85,598.


Official website here: www.laser.org

Who are the executives of International Laser Class Association North American Region Inc and what are their salaries?


Here are 6 key members and their salaries:


Walt Spevak (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Minth (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Long (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Williamson (Exec. Secretary)
  • Compensation: $34,270
  • Related: $0
  • Other: $0
Al Clark (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Pearce (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.laser.org

Where can I find the form 990EZ for International Laser Class Association North American Region Inc?

International Laser Class Association North American Region Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.laser.org

Learn more at the official website: www.laser.org

Mission Statement of International Laser Class Association North American Region Inc

The International Laser Class Association North American Region is dedicated to managing sailing competitions for the Laser Class boat and validating the measurements and performance of over 2700 boats across North America. This organization plays a significant role in organizing and overseeing various sailing regattas throughout the year, including the Laser North American and World Championships. By doing so, it promotes competitive sailing within the Laser Class and ensures a level playing field for all participants.

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Impact




October, 2024

The International Laser Class Association North American Region Inc significantly impacts the sailing community by organizing competitive sailing regattas for the Laser Class boat. By facilitating these events, it fosters a vibrant environment for both amateur and professional sailors, enhancing their skills and providing opportunities for naval competition.

The Association is responsible for the registration and measurement of over 2,700 Laser boats in North America, ensuring that all participants adhere to the precise performance standards of the class. This rigorous process guarantees fair play and upholds the integrity of the sport.

Through the organization of marquee events, such as the Laser North American and World Championships, it attracts competitors from diverse backgrounds, promoting camaraderie and sportsmanship within the sailing community. By creating these competitive opportunities, the Association also boosts local economies and encourages the growth of sailing as a recreational activity. Overall, its commitment to maintaining high standards in racing and fostering community engagement plays a crucial role in the longevity and popularity of the Laser Class sailing events across North America.




This information is meant to be a general summary of International Laser Class Association North American Region 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
$85,598 (2022)
Expenses
$63,051 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $85,598

Assets and Liabilities:

  • Total Assets: $59,554
  • Total Liabilities: $54
  • Net Assets: $59,500

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Organization Details

Principal Officer

Walt Spevak

Main Address

3604 DORSHIRE COURT, PASADENA, MD, 21122

NTEE Category

Code: N03 - Recreation

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