American Y-Flyer Yacht Racing Assn Inc

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

EIN: 431310600 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is American Y-Flyer Yacht Racing Assn Inc?

American Y-Flyer Yacht Racing Assn Inc is a nonprofit organization dedicated to supporting the repair, transportation, and promotion of fiberglass boat molds for the YFlyer sailboat. Their mission encompasses both the restoration of existing molds and the encouragement of new boat builders, with a primary goal to foster the construction and competitive racing of the YFlyer sailboat. The organization may provide insurance coverage for these activities, further ensuring the success of its mission.


Official website here: www.yflyer.org

Is American Y-Flyer Yacht Racing Assn Inc legitimate?

American Y-Flyer Yacht Racing Assn Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Y-Flyer Yacht Racing Assn 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.


Official website here: www.yflyer.org

What is the mission statement of American Y-Flyer Yacht Racing Assn Inc?

The American Y-Flyer Yacht Racing Assn Inc is dedicated to furthering the construction and competition of the YFlyer sailboat. This is achieved through repairing fiberglass boat molds and transporting them to new boat builders. Their primary objective is to encourage the development and racing of these boats.


Official website here: www.yflyer.org

Who is the CEO of American Y-Flyer Yacht Racing Assn Inc?

Robert D Turner is the President of American Y-Flyer Yacht Racing Assn Inc.


Official website here: www.yflyer.org

What is the revenue of American Y-Flyer Yacht Racing Assn Inc?

American Y-Flyer Yacht Racing Assn Inc's revenue in 2021 was $12,462.


Official website here: www.yflyer.org

Who are the executives of American Y-Flyer Yacht Racing Assn Inc and what are their salaries?


Here are 3 key members and their salaries:


Paul C White (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert D Turner (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dorita K Smith (Webmaster)
  • Compensation: $599
  • Related: $0
  • Other: $0


Official website here: www.yflyer.org

Where can I find the form 990EZ for American Y-Flyer Yacht Racing Assn Inc?

American Y-Flyer Yacht Racing Assn Inc's most recent form 990EZ was submitted in 2021 and can be accessed here.


Official website here: www.yflyer.org

Learn more at the official website: www.yflyer.org

Mission Statement of American Y-Flyer Yacht Racing Assn Inc

The American Y-Flyer Yacht Racing Assn Inc is dedicated to two primary objectives. Firstly, this organization specializes in the repair of fiberglass boat molds. This service is crucial in ensuring the longevity of yachts built using these molds. Secondly, the American Y-Flyer Yacht Racing Assn Inc plays a significant role in facilitating the transportation of these molds to new boat builders. Beyond these practical functions, the association also actively promotes the construction and racing of the YFlyer sailboat. By doing so, it encourages the growth and participation in this specific type of sailboat racing, contributing to the overall vibrancy of the yachting community.

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Impact




August, 2024

The American Y-Flyer Yacht Racing Assn Inc's impact lies in fostering a community of sailing enthusiasts dedicated to the building and racing of the YFlyer sailboat. Through activities such as fiberglass boat mold repair, insurance provision, and transportation of molds to new boat builders, the association contributes to the preservation and promotion of YFlyer sailing as a recreational and competitive sport. This impact is particularly evident in Indianapolis, IN, where the association is based.




This information is meant to be a general summary of American Y-Flyer Yacht Racing Assn 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
$12,462 (2021)
Expenses
$10,897 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $1
  • Gross Receipts: $12,462

Assets and Liabilities:

  • Total Assets: $17,606
  • Total Liabilities: $0
  • Net Assets: $17,606

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Organization Details

Principal Officer

Robert D Turner

Main Address

7349 Scarborough Blvd E Dr, Indianapolis, IN, 462562052

NTEE Category

Code: N00 - Recreation

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