Red Wing Yacht Club

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

EIN: 416017204 ✦ Red wing, MN ✦ Designated as a 501(c)(7)

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Overview

What is Red Wing Yacht Club?

The Red Wing Yacht Club, located in Red Wing, Minnesota, serves as a nonprofit organization primarily focused on providing recreational boating experiences. It manages and maintains over 200 marina rental slips along with privately owned boat houses, all while offering common area waterway, dockage, and utilities. This club is a hub for boating enthusiasts, allowing them to enjoy the Mississippi River with ease and convenience.


Official website here: www.redwingyachtclub.com

Is Red Wing Yacht Club legitimate?

Red Wing Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Red Wing 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: $0

For more financial information, click here


Official website here: www.redwingyachtclub.com

What is the mission statement of Red Wing Yacht Club?

The Red Wing Yacht Club's primary focus is on the rental and maintenance of over 200 marina slip rentals, equipped with privately owned boat houses, for recreational use. They provide all necessary common area waterways, dockage, and utilities to ensure an enjoyable experience. The club's mission can be summarized as offering a comprehensive marina service, providing boat owners with a convenient and well-maintained space to enjoy their watercrafts for leisure activities.


Official website here: www.redwingyachtclub.com

Who is the CEO of Red Wing Yacht Club?

Wylie Wilson is the Commodore of Red Wing Yacht Club.


Official website here: www.redwingyachtclub.com

What is the revenue of Red Wing Yacht Club?

Red Wing Yacht Club's revenue in 2023 was $166,951.


Official website here: www.redwingyachtclub.com

Who are the executives of Red Wing Yacht Club and what are their salaries?

There 25 volunteers at Red Wing Yacht Club.


Here are 7 key members and their salaries:


Doug Alms (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Anderson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trent Knowlton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Krie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb Marty (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Marty (Secetary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wylie Wilson (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.redwingyachtclub.com

Where can I find the form 990 for Red Wing Yacht Club?

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


Official website here: www.redwingyachtclub.com

Learn more at the official website: www.redwingyachtclub.com

Mission Statement of Red Wing Yacht Club

The Red Wing Yacht Club is dedicated to the rental and maintenance of over 200 marina rental slips, complete with privately owned boat houses, for recreational use. This organization ensures that all common area waterways, dockage, and utilities are provided, enhancing the overall experience for its members. The mission of the Red Wing Yacht Club is to provide a platform for individuals to enjoy boating activities on the Mississippi River, offering all the necessary facilities and support.

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Impact




October, 2024

Red Wing Yacht Club has a significant impact on the local community and the recreational boating landscape along the Mississippi River. By providing over 200 marina rental slips and maintaining privately owned boat houses, the club enhances access to the river for recreational use. This facility not only brings boaters together but also fosters a vibrant community atmosphere among residents and visitors alike. The development and upkeep of common area waterways and utilities facilitate a seamless experience for boat owners, promoting a culture of enjoyment and appreciation for the natural beauty of the Mississippi River.

The presence of the yacht club can additionally stimulate the local economy through increased tourism and related spending, as boaters often seek nearby amenities, dining, and entertainment options. Overall, Red Wing Yacht Club plays a vital role in enriching recreational opportunities, fostering community engagement, and supporting the economic vitality of the Red Wing area.




This information is meant to be a general summary of Red Wing 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
$166,951 (2023)
Expenses
$139,086 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $310
  • Program Service Revenue: $166,280
  • Gross Receipts: $168,340

Assets and Liabilities:

  • Total Assets: $585,027
  • Total Liabilities: $0
  • Net Assets: $585,027

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Programs

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

RENTAL & LEASING INCOM

Revenue

$166,280

Organization Details

Founding Year

1914

Principal Officer

Wylie Wilson

Main Address

PO BOX 546, RED WING, MN, 55066

NTEE Category

Code: N50 - Recreation

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