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Ephraim Yacht Club Inc

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

EIN: 391078850 ✦ Ephraim, WI ✦ Designated as a 501(c)(3)

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Overview

What is Ephraim Yacht Club Inc?

Ephraim Yacht Club Inc, situated in Ephraim, Wisconsin, is a nonprofit organization dedicated to promoting sailing education, training, and competition. They offer a comprehensive program, providing 384 students with 7,125 hours of classroom instruction and on-the-water training, as well as hosting 103 racing sessions. The organization's mission is to equip youth and adults with essential life skills and values, fostering active and productive community members. To ensure accessibility, they also offer scholarships for individuals with financial needs. Additionally, Ephraim Yacht Club Inc organizes sailing regattas and provides funding, programs, and facilities to support their endeavors. With a team of 14 individuals, they actively contribute to the nautical community.


Official website here: www.eyc.org

Is Ephraim Yacht Club Inc legitimate?

Ephraim Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ephraim 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: $91,088

For more financial information, click here


Official website here: www.eyc.org

What is the mission statement of Ephraim Yacht Club Inc?

Ephraim Yacht Club Inc's mission is centered around providing resources and opportunities for sailing education, training, and competition. The organization aims to facilitate the learning of important life skills and values that foster active and productive community members, extending this to both youth and adults. This is achieved through the provision of outreach programs, sailing equipment, and funding for formal classroom instruction, on-the-water training, and racing sessions. Ephraim Yacht Club Inc also hosts sailing regattas and offers scholarships to individuals with financial needs, enabling their participation in these programs.


Official website here: www.eyc.org

What is the revenue of Ephraim Yacht Club Inc?

Ephraim Yacht Club Inc's revenue in 2023 was $226,465.


Official website here: www.eyc.org

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

The average compensation at Ephraim Yacht Club Inc during 2023 was $6,073. There are 15 employees and 108 volunteers at Ephraim Yacht Club Inc.

Here are 11 key members and their salaries:


Lisa Gifford (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hugh Haggerty (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Sauter (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Claypool (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fran Morof (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marta Fonseca (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Woody Heidler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colin Knight (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura O'Rourke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Peterman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Ritter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.eyc.org

Where can I find the form 990 for Ephraim Yacht Club Inc?

Ephraim Yacht Club Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.eyc.org

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

Mission Statement of Ephraim Yacht Club Inc

Ephraim Yacht Club Inc is dedicated to providing funding, programs, and facilities for sailing education, training, and competition. Their mission extends beyond just sailing, as they aim to instill valuable life skills and promote community involvement in their participants, both youth and adults. Through outreach programs, the provision of necessary equipment and facilities, and financial support, Ephraim Yacht Club Inc fosters an environment where individuals can learn and grow, ultimately becoming active and productive members of their communities.

In pursuit of this mission, Ephraim Yacht Club Inc offers a range of activities. They provide sailing instruction to a significant number of students, offering both formal classroom instruction and hands-on training on the water. This comprehensive approach ensures that participants gain a thorough understanding of sailing, both from a theoretical perspective and through practical application. Additionally, the organization hosts sailing regattas and offers scholarships to individuals with financial needs, ensuring that everyone has the opportunity to participate in their programs. By providing these platforms, Ephraim Yacht Club Inc not only fosters a love for sailing but also promotes teamwork, responsibility, and resilience in its participants.

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Impact




October, 2024

Ephraim Yacht Club Inc significantly enhances the local community by providing opportunities for sailing education and training. Over the past year, the organization has instructed 384 students, accumulating 7,125 hours of formal classroom and on-the-water training. This comprehensive approach not only develops sailing skills but also fosters teamwork, discipline, and resilience among participants.

In addition to individual instruction, the club has hosted two sailing regattas, which not only promotes competitive sailing but also brings together the community, creating a vibrant atmosphere for local and visiting sailors. The provision of scholarships for financially disadvantaged individuals further underscores the club's commitment to inclusivity, ensuring that everyone has the chance to participate and benefit from the programs offered.

Ephraim Yacht Club Inc's outreach programs and commitment to providing quality equipment and facilities cultivate important life skills and values within both youth and adults. This focus helps nurture active and engaged community members, contributing to a stronger, more connected community overall.




This information is meant to be a general summary of Ephraim 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
$226,465 (2023)
Expenses
$263,129 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $4,956
  • Program Service Revenue: $197,506
  • Gross Receipts: $239,673

Assets and Liabilities:

  • Total Assets: $456,955
  • Total Liabilities: $0
  • Net Assets: $456,955

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Programs

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

MEMBERSHIP DUES

Revenue

$99,054

LESSONS

Revenue

$89,172

SLIP AND LOCKER RENTAL

Revenue

$5,098

REGATTA REVENUE

Revenue

$4,182

Organization Details

Founding Year

1938

Principal Officer

Lisa Gifford

NTEE Category

Code: N67 - Recreation

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