Fifth Street Yacht Club Of Racine Inc

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

EIN: 396120087 ✦ Racine, WI ✦ Designated as a 501(c)(7)

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Overview

What is Fifth Street Yacht Club Of Racine Inc?

The Fifth Street Yacht Club of Racine Inc. is a nonprofit organization that caters to its members by offering a blend of social and boating activities. Established in Racine, this club serves as a community for its members, providing engaging and enjoyable experiences both on and off the water. The primary goal of the club is to foster a sense of camaraderie and shared passion for boating among its members, ultimately enriching their overall experience.

Is Fifth Street Yacht Club Of Racine Inc legitimate?

Fifth Street Yacht Club Of Racine Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Fifth Street Yacht Club Of Racine 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: $38,552

For more financial information, click here

What is the mission statement of Fifth Street Yacht Club Of Racine Inc?

The Fifth Street Yacht Club of Racine Inc is dedicated to offering social and boating activities for its members. This mission is fulfilled through various club-organized events, all aimed at enhancing the members' experiences. The club's activities are primarily focused on providing a platform for its members to engage and enjoy boating together. The club's primary objective is to foster camaraderie and shared experiences among its members through these activities.

Who is the CEO of Fifth Street Yacht Club Of Racine Inc?

Steve Gottschalk is the Treasurer of Fifth Street Yacht Club Of Racine Inc.

What is the revenue of Fifth Street Yacht Club Of Racine Inc?

Fifth Street Yacht Club Of Racine Inc's revenue in 2022 was $179,163.

Who are the executives of Fifth Street Yacht Club Of Racine Inc and what are their salaries?


Here are 11 key members and their salaries:


Chris Olson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Muleski (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Olson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Kaplan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Gottschalk (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Schlink (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Fries (Recording Secre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Michels (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Antonneau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Bauer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fifth Street Yacht Club Of Racine Inc?

Fifth Street Yacht Club Of Racine Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Fifth Street Yacht Club Of Racine Inc

The Fifth Street Yacht Club of Racine Inc is dedicated to providing its members with a variety of social and boating activities. This mission is at the heart of the club's operations, ensuring that its members have ample opportunities to engage in enjoyable and enriching experiences on the water. The club organizes activities that cater to its members' interests, creating a vibrant and inclusive community.

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Impact




October, 2024

Fifth Street Yacht Club Of Racine Inc fosters a vibrant community through social and boating activities, enhancing the recreational landscape of Racine, Wisconsin. By organizing a variety of events, the club creates opportunities for members to engage with one another, build friendships, and enjoy the pleasures of boating in a supportive environment. This focus on social interaction not only enriches the lives of its members but also strengthens the local community by promoting a love for the water and outdoor activities. The club's commitment to providing diverse recreational experiences plays a significant role in attracting residents and visitors to Racine, contributing to the area’s cultural and social fabric.




This information is meant to be a general summary of Fifth Street Yacht Club Of Racine 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
$179,163 (2022)
Expenses
$167,835 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3
  • Program Service Revenue: $91,283
  • Gross Receipts: $247,122

Assets and Liabilities:

  • Total Assets: $140,181
  • Total Liabilities: $3,895
  • Net Assets: $136,286

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Programs

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

SOCIAL ACTIVITIES

Revenue

$91,283

Organization Details

Founding Year

1970

Principal Officer

Steve Gottschalk

Main Address

761 MARQUETTE ST, RACINE, WI, 53403

NTEE Category

Code: N50 - Recreation

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