Delavan Lake Yacht Club Inc

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

EIN: 390735439 ✦ Delavan, WI ✦ Designated as a 501(c)(7)

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Overview

What is Delavan Lake Yacht Club Inc?

Delavan Lake Yacht Club Inc, situated in Delavan, Wisconsin, is a nonprofit organization dedicated to fostering sailing activities on Delavan Lake. Operating as a recreational, social, or pleasure club, its primary objective is to promote sailing advancement within the community. The club achieves this mission through various programs, such as day camps and membership sailing opportunities, thereby encouraging the enjoyment and skill development in sailing among its members and the local community.

Is Delavan Lake Yacht Club Inc legitimate?

Delavan Lake Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Delavan Lake 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $144,875

For more financial information, click here

What is the mission statement of Delavan Lake Yacht Club Inc?

The Delavan Lake Yacht Club Inc's mission is centered around fostering the growth of sailing. Their primary objective is to promote sailing activities within their community. They achieve this through various programs, including day camps and membership initiatives. The club serves as a recreational, pleasure, or social platform, contributing to the sailing community in a meaningful way.

Who is the CEO of Delavan Lake Yacht Club Inc?

Tom Morris is the President of Delavan Lake Yacht Club Inc.

What is the revenue of Delavan Lake Yacht Club Inc?

Delavan Lake Yacht Club Inc's revenue in 2022 was $325,520.

Who are the executives of Delavan Lake Yacht Club Inc and what are their salaries?

The average compensation at Delavan Lake Yacht Club Inc during 2022 was $3,812. There are 38 employees and 20 volunteers at Delavan Lake Yacht Club Inc.


Here are 4 key members and their salaries:


Robert Mahoney Iv (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Macdougall (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gloria L Chesney (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Morris (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Delavan Lake Yacht Club Inc?

Delavan Lake Yacht Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Delavan Lake Yacht Club Inc

Delavan Lake Yacht Club Inc, as an organization, is committed to fostering the progress of sailing activities on Delavan Lake, Wisconsin. Their mission is centered around promoting sailing as a recreational, leisure, or social pursuit. They achieve this by offering day camp programs and facilitating sailing activities for their members. The club operates as a hub for sailing enthusiasts, providing an environment where individuals can enjoy the sport and enhance their sailing skills.

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Impact




October, 2024

Delavan Lake Yacht Club Inc significantly enhances the local community by promoting sailing on Delavan Lake, WI. Through various programs, including day camps and membership activities, the club fosters a love for sailing and water sports among residents and visitors. These initiatives not only support recreational opportunities but also help build a strong community around sailing, encouraging social interactions and camaraderie among members.

The club’s commitment to advancing sailing contributes to the local economy by attracting tourists and promoting outdoor activities in the region. By engaging people of all ages in sailing, Delavan Lake Yacht Club Inc cultivates a vibrant recreational culture, bolsters environmental awareness related to lake conservation, and provides a safe and enjoyable environment for all participants.




This information is meant to be a general summary of Delavan Lake 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.

Revenue
$325,520 (2022)
Expenses
$348,433 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $67,429
  • Gross Receipts: $512,724

Assets and Liabilities:

  • Total Assets: $324,252
  • Total Liabilities: $182,076
  • Net Assets: $142,176

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

BOAT STORAGE

Revenue

$49,494

DAY CAMP

Revenue

$17,935

Organization Details

Founding Year

1892

Principal Officer

Tom Morris

Main Address

1501 CEDAR POINT, Delavan, WI, 53115

NTEE Category

Code: N50 - Recreation

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