Grand Lake Sailing Club Inc

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

EIN: 431138637 ✦ Grove, OK ✦ Designated as a 501(c)(7)

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Overview

What is Grand Lake Sailing Club Inc?

Grand Lake Sailing Club Inc is a nonprofit organization that offers recreational sailing facilities and instruction to its members and individuals in the community who are eager to learn. They are committed to providing an environment where sailing enthusiasts can enjoy the sport and share their knowledge with others, fostering a sense of community and camaraderie. The club's activities extend beyond its members, welcoming anyone with a desire to learn sailing, thereby promoting the love for this aquatic pastime within their local community.


Official website here: www.glsc.net

Is Grand Lake Sailing Club Inc legitimate?

Grand Lake Sailing Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Grand Lake Sailing Club Inc submitted a form 990EZ, 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.glsc.net

What is the mission statement of Grand Lake Sailing Club Inc?

The Grand Lake Sailing Club Inc's mission is centered around providing recreational sailing opportunities. They extend these facilities and instruction to their members as well as individuals in the community who are interested in learning. The club's objective is to promote sailing as a recreational activity, fostering learning and enjoyment among its members and the wider community. They offer a platform for both members and non-members to develop their sailing skills and experience the joy of being on the water.


Official website here: www.glsc.net

What is the revenue of Grand Lake Sailing Club Inc?

Grand Lake Sailing Club Inc's revenue in 2024 was $141,631.


Official website here: www.glsc.net

Who are the executives of Grand Lake Sailing Club Inc and what are their salaries?

Here are 4 key members and their salaries:


Fred Overstreet (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Mercer (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Hannon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Frear (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.glsc.net

Where can I find the form 990 for Grand Lake Sailing Club Inc?

Grand Lake Sailing Club Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.glsc.net

Learn more at the official website: www.glsc.net

Mission Statement of Grand Lake Sailing Club Inc

Grand Lake Sailing Club Inc is committed to offering recreational sailing facilities and instruction to its members and the wider community who are interested in learning. This nonprofit organization provides a platform for individuals to engage in sailing activities, fostering a sense of community and enjoyment of the sport. By offering instruction to those who are new to sailing, the club contributes to the growth and development of sailing enthusiasts in the community. The club's mission is to make sailing accessible and enjoyable for all, encouraging a love for the water and the sport among its members and the public.

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Impact




October, 2024

Grand Lake Sailing Club Inc offers a significant impact by providing access to recreational sailing facilities and instruction, fostering a love for sailing among its members and the broader community in Grove, OK. Through its programs, the club enables individuals of all skill levels to learn and enjoy sailing, promoting healthy outdoor activity and community engagement.

By offering instruction, the club not only helps individuals develop sailing skills but also builds confidence and encourages teamwork. This community-focused approach enriches the local culture, providing social opportunities and fostering connections among members and participants. As a result, the Grand Lake Sailing Club enhances the overall quality of life in the area by nurturing a vibrant community centered around recreational sailing.




This information is meant to be a general summary of Grand Lake Sailing 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
$141,631 (2024)
Expenses
$76,664 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $16,607
  • Program Service Revenue: $122,874
  • Gross Receipts: $141,631

Assets and Liabilities:

  • Total Assets: $330,796
  • Total Liabilities: $91,084
  • Net Assets: $239,712

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Programs

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

Member Dues

Revenue

$116,586

Miscellaneous

Revenue

$6,288

Program 3

Revenue

$0

Program 4

Revenue

$0

Program 5

Revenue

$0

Organization Details

Principal Officer

Craig Hannon

NTEE Category

Code: N67 - Recreation

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