Overview
What is International Lightning Class Assoc?
The International Lightning Class Association, based in Tarpon Springs, Florida, is a nonprofit organization dedicated to fostering the sport of sailing. They achieve this by organizing a variety of events, such as regional regattas and the prestigious World Championship, which takes place in the United States. Furthermore, the association supports three active teams through their Boat Grant Program and ensures the upkeep of their boats and equipment. Since the resumption of in-person events in 2022, the number of regatta events and related costs have risen significantly. The International Lightning Class Association's primary mission is to promote sailing and cater to the sailing community.
Official website here: www.lightningclass.org
Is International Lightning Class Assoc legitimate?
International Lightning Class Assoc is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Lightning Class Assoc 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.lightningclass.org
What is the mission statement of International Lightning Class Assoc?
The International Lightning Class Association's mission is centered around promoting the sport of sailing. They achieve this through organizing various events, such as regional regattas and the World Championship. The association also supports three active teams through their Boat Grant Program. In addition, they are committed to maintaining their boats and equipment. With the resurgence of in-person events in 2022, there has been an increase in regatta events and related expenses. In essence, the International Lightning Class Association's mission is to foster the growth and enjoyment of sailing at a global level.
Official website here: www.lightningclass.org
Who is the CEO of International Lightning Class Assoc?
William Bogardus is the President of International Lightning Class Assoc.
Official website here: www.lightningclass.org
What is the revenue of International Lightning Class Assoc?
International Lightning Class Assoc's revenue in 2022 was $90,874.
Official website here: www.lightningclass.org
Who are the executives of International Lightning Class Assoc and what are their salaries?
Here are 4 key members and their salaries:
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- Compensation: $41,760
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Official website here: www.lightningclass.org
Where can I find the form 990EZ for International Lightning Class Assoc?
International Lightning Class Assoc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.lightningclass.org
Learn more at the official website: www.lightningclass.org
Mission Statement of International Lightning Class Assoc
The International Lightning Class Association, abbreviated as ILCA, is committed to fostering the sport of sailing. They achieve this goal by organizing various events, such as regional regattas and the prestigious World Championship, which is held in the United States. Beyond hosting events, the association also supports three active teams through their Boat Grant Program. This program not only provides boats but also ensures their maintenance and upkeep. With the resurgence of in-person events in 2022, the association has seen an increase in the number of regattas, leading to a rise in associated expenses. Overall, the ILCA's mission is to promote sailing as a sport and provide opportunities for enthusiasts to participate and excel.
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Impact
October, 2024
The International Lightning Class Association (ILCA) plays a significant role in promoting sailing through a structured framework of events, including regional regattas and the prestigious World Championship held in the United States. By facilitating these competitions, the ILCA not only cultivates a competitive spirit among sailors but also fosters a vibrant community around the sport, encouraging participation at various skill levels.
The ILCA's commitment to maintaining its fleet and providing support through programs like the Boat Grant Program enables aspiring sailors and teams to compete effectively. This initiative, combined with the recent resurgence of in-person events post-2022, has led to a noticeable increase in regatta activities. Consequently, this growth contributes to both local and national economies, boosting tourism and engagement in coastal communities, particularly in Tarpon Springs, Florida, where the association is based.
Moreover, the ILCA's efforts in organizing sailing events and maintaining its equipment underscore its dedication to the sport’s longevity and the development of sailing talent. By instilling a sense of camaraderie and competition, the ILCA significantly enhances the sailing experience for participants and spectators alike, thereby ensuring that the sport continues to thrive.
This information is meant to be a general summary of International Lightning Class Assoc. 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: $964
- Program Service Revenue: $23,252
- Gross Receipts: $92,274
Assets and Liabilities:
- Total Assets: $343,456
- Total Liabilities: $13,904
- Net Assets: $329,552
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Organization Details
Principal Officer
William Bogardus
Main Address
1528 BIG BASS DRIVE, Tarpon Springs, FL, 34689
Website
www.lightningclass.orgNTEE Category
Code: Z99Z - Unknown
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