Dyc Inc

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

EIN: 363407602 ✦ Chicago, IL ✦ Designated as a 501(c)(7)

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Overview

What is Dyc Inc?

Dyc Inc is a nonprofit organization situated in Diversey Harbor, Chicago, Illinois. Its primary focus is to cater to the needs of boaters who are its members. The organization operates a Corinthian private yacht club, providing a platform for its members to engage in boating activities. Dyc Inc's main objective is to promote Corinthian boating, which emphasizes sportsmanship, camaraderie, and friendly competition. The organization does not disclose any additional details about its activities or mission beyond promoting boating among its members.

Is Dyc Inc legitimate?

Dyc Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Dyc 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.

What is the mission statement of Dyc Inc?

Dyc Inc, as an organization, is dedicated to operating a Corinthian private yacht club, primarily for the benefit of its boater members. Its primary mission is to foster and promote Corinthian boating, a term that suggests a high standard of sportsmanship and camaraderie among boaters. The club aims to provide a suitable environment for its members, encouraging and supporting their boating activities.

Who is the CEO of Dyc Inc?

George Rivas is the President of Dyc Inc.

What is the revenue of Dyc Inc?

Dyc Inc's revenue in 2022 was $4,059.

Who are the executives of Dyc Inc and what are their salaries?


Here are 2 key members and their salaries:


George Rivas (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Murzyn (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Dyc Inc?

Dyc Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Dyc Inc

Dyc Inc, a nonprofit organization, is dedicated to promoting corinthian boating. By operating a private yacht club, it caters to its member boaters situated in diverse harbor. The primary objective of Dyc Inc is to foster a community of boating enthusiasts, encouraging and nurturing the spirit of corinthian boating. The organization's mission is to provide a platform where members can engage in their shared passion for boating, promoting camaraderie and enhancing the boating experience.

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Impact




October, 2024

Dyc Inc significantly enhances the boating community in Diversey Harbor, Chicago, by operating a Corinthian private yacht club tailored for its members. This organization fosters a supportive environment for boaters, promoting shared experiences and camaraderie among individuals who are passionate about the sport. By focusing on Corinthian boating, Dyc Inc not only emphasizes the values of sportsmanship and fair play but also encourages recreational boating as an enjoyable and fulfilling pastime. Beyond individual member benefits, the club contributes to the local economy and community by attracting boating enthusiasts and their families to the area, enriching the social fabric of Diversey Harbor.




This information is meant to be a general summary of Dyc 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
$4,059 (2022)
Expenses
$3,131 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $6,253

Assets and Liabilities:

  • Total Assets: $16,953
  • Total Liabilities: $148,172
  • Net Assets: -$131,219

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Organization Details

Principal Officer

George Rivas

Main Address

2601 N CANNON DR, CHICAGO, IL, 60614

NTEE Category

Code: N50 - Recreation

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