Overview
What is Okauchee Lake Yacht Club?
The Okauchee Lake Yacht Club is a nonprofit organization situated in Ocononomowoc, Wisconsin. Their main objective is to foster and enhance sailing activities on inland lakes. Members contribute through membership fees, which are utilized to cover the general expenses associated with the club's activities. The club plays a significant role in promoting sailing on inland lakes, thereby enriching this nautical pastime for its members.
Official website here: www.olyc.org
Is Okauchee Lake Yacht Club legitimate?
Okauchee Lake Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Okauchee Lake 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.olyc.org
What is the mission statement of Okauchee Lake Yacht Club?
The Okauchee Lake Yacht Club's mission is centered around promoting the progress of sailing on inland lakes. Their primary objective is to advance sailing activities on these bodies of water. The organization achieves this by utilizing member dues to cover the general expenses associated with the club's activities, thereby supporting inland sailing. By doing so, they contribute to the growth and enjoyment of sailing within their community.
Official website here: www.olyc.org
What is the revenue of Okauchee Lake Yacht Club?
Okauchee Lake Yacht Club's revenue in 2023 was $139,227.
Official website here: www.olyc.org
Who are the executives of Okauchee Lake Yacht Club and what are their salaries?
There 25 volunteers at Okauchee Lake Yacht Club.
Here are 7 key members and their salaries:
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Official website here: www.olyc.org
Where can I find the form 990 for Okauchee Lake Yacht Club?
Okauchee Lake Yacht Club's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.olyc.org
Learn more at the official website: www.olyc.org
Mission Statement of Okauchee Lake Yacht Club
Okauchee Lake Yacht Club, as an organization, is dedicated to promoting the development of sailing on inland lakes. Their mission is centered around advancing this nautical activity, recognizing the unique charm of inland water bodies. By becoming a member, individuals contribute to the club's general expenses, thereby supporting various sailing-related activities.
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Impact
October, 2024
Okauchee Lake Yacht Club plays a crucial role in promoting and advancing the sport of sailing on inland lakes. By fostering a community of sailing enthusiasts, the club supports recreational activities that promote an active lifestyle and enhance the enjoyment of local waterways. Membership dues help sustain various club activities, ensuring that members can participate in organized sailing events, training sessions, and educational programs.
This commitment not only enriches the individual experience of members but also strengthens community engagement in Oconomowoc and the surrounding areas. Through its focus on sailing, the club cultivates a deeper appreciation for the local environment, encourages water safety, and provides opportunities for camaraderie among sailing aficionados. The impact extends beyond just sailing; it contributes to the overall vibrancy and recreational culture of the region, making it a significant part of the community.
This information is meant to be a general summary of Okauchee Lake 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $81
- Program Service Revenue: $131,532
- Gross Receipts: $139,227
Assets and Liabilities:
- Total Assets: $279,528
- Total Liabilities: $2,841
- Net Assets: $276,687
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Boat Reg & Storage
Revenue
$2,350
Member Dues
Revenue
$79,425
Party Income
Revenue
$42,923
Regatta Income
Revenue
$6,834
Organization Details
Founding Year
1991
Principal Officer
Mike Pilgrim
Website
www.olyc.orgNTEE Category
Code: N50 - Recreation
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