Overview
What is Kyc Inc?
Kyc Inc is a nonprofit organization situated in Keokuk, Iowa, primarily focused on fostering water-based recreational activities. They accomplish this mission through the Keokuk Yacht Club, Inc., serving as a catalyst for promoting such activities within the Keokuk area. The organization's commitment to water recreation extends beyond just providing a platform; it aims to continuously encourage and facilitate water-related activities in the community.
Is Kyc Inc legitimate?
Kyc Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Kyc 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: $9,625
Professional Fundraising Fees: $0
Other Salaries and Wages: $64,149
For more financial information, click here
What is the mission statement of Kyc Inc?
Kyc Inc, in its mission, focuses on promoting water recreation activities. It achieves this goal by providing a platform through the Keokuk Yacht Club, Inc. In essence, Kyc Inc serves as a catalyst for the encouragement of water recreation activities in an unspecified area, using the Keokuk Yacht Club as its primary instrument. By doing so, it aims to make water recreation more accessible and popular among its community. Additionally, Kyc Inc continues to contribute to the promotion of water recreation activities, ensuring that such activities remain a significant part of its community's lifestyle.
Who is the CEO of Kyc Inc?
Richard Meyers is the Secretary of Kyc Inc.
What is the revenue of Kyc Inc?
Kyc Inc's revenue in 2022 was $289,926.
Who are the executives of Kyc Inc and what are their salaries?
The average compensation at Kyc Inc during 2022 was $4,918. There are 15 employees at Kyc Inc.
Here are 10 key members and their salaries:
- Compensation: $7,825
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Where can I find the form 990 for Kyc Inc?
Kyc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kyc Inc
Kyc Inc, a nonprofit organization, is dedicated to fostering water recreation in its area of operation. This mission is carried out through the Keokuk Yacht Club, Inc., a means Kyc Inc provides to promote various water recreation activities. By doing so, Kyc Inc contributes to the enjoyment and engagement of the community in water-based activities.
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Impact
October, 2024
Kyc Inc significantly enhances the quality of life in Keokuk, Iowa, by promoting water recreation in the area. By facilitating activities through the Keokuk Yacht Club, Kyc Inc fosters a vibrant community centered around outdoor and water-based recreation. This promotes not only physical health and well-being but also strengthens community ties as residents come together for shared recreational experiences.
Additionally, Kyc Inc's initiatives likely contribute to the local economy by attracting visitors and encouraging spending in the area. The focus on water recreation opens up opportunities for education about water safety and environmental stewardship, benefiting both individuals and the broader community. Overall, Kyc Inc plays a crucial role in enriching the recreational landscape of Keokuk, fostering a sense of community, and encouraging healthy lifestyles.
This information is meant to be a general summary of Kyc 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $61
- Program Service Revenue: $65,895
- Gross Receipts: $451,380
Assets and Liabilities:
- Total Assets: $218,512
- Total Liabilities: $24,471
- Net Assets: $194,041
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SLIP & BOAT STORAGEDOC
Revenue
$61,317
TRAPSHOOTING
Revenue
$4,236
CASH OVER
Revenue
$342
Organization Details
Founding Year
1989
Principal Officer
Richard Meyers
Main Address
2029 RIVER ROAD, KEOKUK, IA, 52632
NTEE Category
Code: N505 - Recreation
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