Overview
What is Indianapolis Yacht Club?
The Indianapolis Yacht Club, situated in Mccordsville, Indiana, serves as a social or country club with a primary focus on recreational boating activities and related services. This nonprofit organization aims to provide a platform for its members to engage in various boating-related activities, thereby fostering a sense of community and enjoyment.
Is Indianapolis Yacht Club legitimate?
Indianapolis Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Indianapolis Yacht Club 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: $214,043
For more financial information, click here
What is the mission statement of Indianapolis Yacht Club?
The Indianapolis Yacht Club, serving as a social or recreational facility, is dedicated to promoting recreational boating and providing related services. Their mission is centered around facilitating enjoyable boating experiences and offering related services to its members. The club likely offers resources, events, and opportunities for its members to engage with boating activities and related services.
Who is the CEO of Indianapolis Yacht Club?
Jeffrey Kimmerling is the Treasurer of Indianapolis Yacht Club.
What is the revenue of Indianapolis Yacht Club?
Indianapolis Yacht Club's revenue in 2022 was $762,922.
Who are the executives of Indianapolis Yacht Club and what are their salaries?
The average compensation at Indianapolis Yacht Club during 2022 was $42,809. There are 5 employees at Indianapolis Yacht Club.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Indianapolis Yacht Club?
Indianapolis Yacht Club's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Indianapolis Yacht Club
The Indianapolis Yacht Club, serving as a social or country club, is dedicated to promoting recreational boating and related services. Its mission is to offer opportunities for members to enjoy various boating activities and related services, thereby fostering an engaging and enjoyable boating experience. By focusing on recreational boating and related services, the Indianapolis Yacht Club aims to create a community of boat enthusiasts who can share their passion for boating and related activities.
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Impact
October, 2024
The Indianapolis Yacht Club plays a significant role in fostering community and enhancing recreational opportunities through boating and related services in McCordsville, IN. By providing a space for boating enthusiasts to gather, it promotes social interaction, teamwork, and a love for water activities.
The club helps to cultivate a deeper appreciation for recreational boating, offering members access to a variety of resources and events that enrich their boating experiences. Its presence encourages environmental stewardship and engagement with local waterways, supporting conservation efforts and responsible boating practices.
Additionally, the club contributes to the local economy by attracting visitors and hosting events. Its activities serve to strengthen local connections and create a vibrant community atmosphere centered around shared interests in boating and outdoor recreation. Ultimately, the Indianapolis Yacht Club enhances quality of life in McCordsville through its dedicated focus on recreation and social engagement.
This information is meant to be a general summary of Indianapolis 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 2022.
- Investment Income: $1,616
- Program Service Revenue: $178,925
- Gross Receipts: $762,922
Assets and Liabilities:
- Total Assets: $608,989
- Total Liabilities: $606,527
- Net Assets: $2,462
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GRILL
Revenue
$112,194
PRIVATE EVENTS
Revenue
$58,384
EVENTS
Revenue
$8,347
Organization Details
Phone
(317) 335-2588Principal Officer
Jeffrey Kimmerling
Main Address
12900 FALL CREEK ROAD, MCCORDSVILLE, IN, 46055
NTEE Category
Code: N50 - Recreation
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