Anchor Boat Club

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

EIN: 370608314 ✦ Springfield, IL ✦ Designated as a 501(c)(7)

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Overview

What is Anchor Boat Club?

Anchor Boat Club is a nonprofit organization situated in Springfield, Illinois, with an address at 407 E Lake Shore Drive. Their primary mission is to offer social and recreational activities for their membership, fostering a sense of community within the club. The club is dedicated to providing opportunities for its members to engage and enjoy their shared passion for boating and related activities.

Is Anchor Boat Club legitimate?

Anchor Boat Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Anchor Boat 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: $0

For more financial information, click here

What is the mission statement of Anchor Boat Club?

The Anchor Boat Club is committed to offering social and recreational opportunities for its membership. Their primary mission is centered around providing a platform for members to engage in enjoyable activities and foster a sense of community. The club's activities are designed to cater to the interests and needs of its members, aiming to create a welcoming and enjoyable environment. While the exact nature of these activities is not specified, it's clear that the Anchor Boat Club is dedicated to promoting social interaction and leisure time among its members.

Who is the CEO of Anchor Boat Club?

Mike Covey is the President of Anchor Boat Club.

What is the revenue of Anchor Boat Club?

Anchor Boat Club's revenue in 2022 was $151,501.

Who are the executives of Anchor Boat Club and what are their salaries?

There 180 volunteers at Anchor Boat Club.


Here are 6 key members and their salaries:


Mike Covey (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Dyer (Recording Se)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hawkins (Financial Se)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Ross (Bar Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Staley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Tackett (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Anchor Boat Club?

Anchor Boat Club's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Anchor Boat Club

Anchor Boat Club, as a nonprofit organization, is committed to providing social and recreational activities for its membership. Its mission is centered around fostering a sense of community and leisure among its members, offering a variety of engaging activities. By focusing on social and recreational pursuits, Anchor Boat Club aims to create a welcoming and enjoyable environment for its members, allowing them to connect and build lasting relationships.

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Impact




October, 2024

Anchor Boat Club significantly enhances the social and recreational landscape in Springfield, IL. The club fosters a sense of community by providing a variety of engaging activities that bring members together, promoting camaraderie and shared experiences. Through its offerings, it encourages outdoor activities and a love for boating, enriching the lives of its members and creating lasting memories.

By prioritizing social interaction and recreation, Anchor Boat Club not only improves individual well-being but also strengthens community bonds. Members benefit from a supportive environment where they can participate in collective events, navigate the waterways, and embrace a lifestyle centered around cooperation and enjoyment. The club's commitment to recreational activities contributes positively to the overall quality of life in Springfield, making it a vital part of the local community.




This information is meant to be a general summary of Anchor Boat 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.

Revenue
$151,501 (2022)
Expenses
$122,440 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $30
  • Gross Receipts: $250,321

Assets and Liabilities:

  • Total Assets: $664,651
  • Total Liabilities: $57,109
  • Net Assets: $607,542

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Organization Details

Founding Year

1947

Principal Officer

Mike Covey

Main Address

407 E LAKE SHORE DRIVE, SPRINGFIELD, IL, 62712

NTEE Category

Code: N50 - Recreation

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