Harbor Lite Yacht Club

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

EIN: 391033318 ✦ Racine, WI ✦ Designated as a 501(c)(7)

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Overview

What is Harbor Lite Yacht Club?

Harbor Lite Yacht Club is a nonprofit organization situated in Racine, Wisconsin. With a small team of nine individuals, its primary objective is to foster an enthusiasm for amateur yachting, cruising, and seafaring. The club serves as a platform for its members to indulge in their leisure activities, offering a facility designed for their enjoyment. The mission of Harbor Lite Yacht Club is to stimulate interest in these nautical pursuits, thereby providing a source of recreation and relaxation for its members.


Official website here: www.haborlite.org

Is Harbor Lite Yacht Club legitimate?

Harbor Lite Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Harbor Lite Yacht 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: $88,497

For more financial information, click here


Official website here: www.haborlite.org

What is the mission statement of Harbor Lite Yacht Club?

The Harbor Lite Yacht Club's mission is centered around fostering a passion for amateur yachting, cruising, and seamanship among its members. The primary objective is to provide a platform for leisure and recreational activities related to these pursuits. The club aims to encourage and stimulate interest in these nautical activities, ultimately offering its members an enjoyable experience.


Official website here: www.haborlite.org

Who is the CEO of Harbor Lite Yacht Club?

Kenneth Gall is the Commodore of Harbor Lite Yacht Club.


Official website here: www.haborlite.org

What is the revenue of Harbor Lite Yacht Club?

Harbor Lite Yacht Club's revenue in 2022 was $229,720.


Official website here: www.haborlite.org

Who are the executives of Harbor Lite Yacht Club and what are their salaries?

The average compensation at Harbor Lite Yacht Club during 2022 was $9,833. There are 9 employees and 200 volunteers at Harbor Lite Yacht Club.


Here are 11 key members and their salaries:


Kenneth Gall (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Moes (Vice Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy Christensen (Rear Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cyndi Knapp-Finley (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heidi Kappa (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Floyd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Riggs Jessen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Hetland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Hawes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.haborlite.org

Where can I find the form 990 for Harbor Lite Yacht Club?

Harbor Lite Yacht Club's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.haborlite.org

Learn more at the official website: www.haborlite.org

Mission Statement of Harbor Lite Yacht Club

Harbor Lite Yacht Club, a nonprofit organization, is dedicated to fostering and stimulating an enthusiasm for amateur yachting, cruising, and seafaring among its members. Its primary objective is to serve as a venue for leisure and recreation, offering a platform for its members to enjoy these activities. The club's mission is to promote a shared passion for yachting and cruising, and to provide a suitable environment for its members to engage in these pastimes.

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Impact




October, 2024

Harbor Lite Yacht Club plays a vital role in fostering a passion for amateur yachting, cruising, and seamanship. By providing a welcoming facility in Racine, WI, the club encourages community engagement and recreational activities among its members. The club's initiatives promote skill development in sailing and boating, enhancing both safety and enjoyment on the water. Its commitment to fostering a love for yachting not only enriches individual experiences but also contributes to the vibrant maritime culture in the region. Through organized events and a supportive community, the Harbor Lite Yacht Club serves as a cornerstone for leisure and camaraderie, making significant impacts on its members and the local boating community.




This information is meant to be a general summary of Harbor Lite Yacht 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
$229,720 (2022)
Expenses
$233,202 (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: $73,586
  • Gross Receipts: $340,621

Assets and Liabilities:

  • Total Assets: $197,442
  • Total Liabilities: $128,045
  • Net Assets: $69,397

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Programs

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

DUES

Revenue

$64,200

MEMBER EVENTS

Revenue

$9,386

Organization Details

Founding Year

1964

Principal Officer

Kenneth Gall

Main Address

559 STATE ST, RACINE, WI, 534025131

NTEE Category

Code: N50 - Recreation

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