Overview
What is Winthrop Harbor Yacht Club Inc?
Winthrop Harbor Yacht Club Inc is a nonprofit organization situated in Winthrop Harbor, Illinois. Their primary mission is to offer social, recreational, and educational activities for families who share a passion for boating. With approximately 200 members, the club maintains a facility and covers the associated expenses. The club's operations involve providing a supportive environment for its members, fostering camaraderie and shared experiences in the boating community. The organization employs a small team of three individuals to ensure these activities run smoothly.
Official website here: www.whyc.com
Is Winthrop Harbor Yacht Club Inc legitimate?
Winthrop Harbor Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Winthrop Harbor 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: $18,027
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,474
For more financial information, click here
Official website here: www.whyc.com
What is the mission statement of Winthrop Harbor Yacht Club Inc?
The Winthrop Harbor Yacht Club Inc, with around 200 members, is dedicated to offering social, recreational, and educational activities for families who share a passion for boating. Their mission is to foster a community where members can enjoy shared interests and experiences related to boating. The club provides an environment that encourages camaraderie and learning, catering to the recreational needs of its members.
Official website here: www.whyc.com
What is the revenue of Winthrop Harbor Yacht Club Inc?
Winthrop Harbor Yacht Club Inc's revenue in 2023 was $181,056.
Official website here: www.whyc.com
Who are the executives of Winthrop Harbor Yacht Club Inc and what are their salaries?
The average compensation at Winthrop Harbor Yacht Club Inc during 2023 was $5,100. There are 5 employees and 20 volunteers at Winthrop Harbor Yacht Club Inc.
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- Compensation: $15,000
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Official website here: www.whyc.com
Where can I find the form 990 for Winthrop Harbor Yacht Club Inc?
Winthrop Harbor Yacht Club Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.whyc.com
Learn more at the official website: www.whyc.com
Mission Statement of Winthrop Harbor Yacht Club Inc
Winthrop Harbor Yacht Club Inc is dedicated to offering social, recreational, and educational activities for families who share a passion for boating. With a membership of around 200 individuals, the club aims to foster a sense of community and shared interests among its members. The mission of Winthrop Harbor Yacht Club Inc is to provide an engaging and enriching environment that caters to the diverse needs and interests of its members, fostering a sense of camaraderie and shared experiences. The club's activities are designed to encourage social interaction, recreational boating, and educational opportunities related to boating and maritime activities.
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Impact
October, 2024
Winthrop Harbor Yacht Club Inc fosters a vibrant community centered around boating, offering social, recreational, and educational activities that bring families together. With around 200 members, the club acts as a hub for individuals who share a common passion for boating, enhancing their social interactions and strengthening community bonds.
The club’s activities and events promote not only recreational enjoyment but also facilitate learning opportunities related to boating safety, navigation, and environmental stewardship. By maintaining a dedicated facility in Winthrop Harbor, the organization creates a welcoming space for members to gather, connect, and participate in various water-related activities. This involvement not only enriches the lives of its members but also contributes positively to the fabric of the local community, encouraging a shared appreciation for the waterways and fostering a culture of responsible boating.
This information is meant to be a general summary of Winthrop Harbor 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $7
- Program Service Revenue: $90,775
- Gross Receipts: $181,056
Assets and Liabilities:
- Total Assets: $381,170
- Total Liabilities: $205,919
- Net Assets: $175,251
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMMUNICATIONS
Revenue
$850
SOCIAL EVENTS
Revenue
$26,888
BAR/HOUSE REVENUE
Revenue
$62,862
CRUISING & SAIL RACING
Revenue
$0
EDUCATION
Revenue
$175
Organization Details
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