Overview
What is Lake Ontario Optimist Sailing Team Inc?
Lake Ontario Optimist Sailing Team Inc is a nonprofit organization dedicated to nurturing young talent in sailboat racing. They select 12-13 children each summer for a 45-50 day program, which runs from July to August. Under the guidance of an internationally renowned coach, these participants receive comprehensive training and skill development. The team competes in 5-7 national tournaments against top-tier Sailing programs, providing a platform for competitive experience. The primary objective of Lake Ontario Optimist Sailing Team Inc is to teach and mentor children in the art of sailboat racing.
Is Lake Ontario Optimist Sailing Team Inc legitimate?
Lake Ontario Optimist Sailing Team Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lake Ontario Optimist Sailing Team 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.
What is the mission statement of Lake Ontario Optimist Sailing Team Inc?
The Lake Ontario Optimist Sailing Team Inc's mission is centered around educating and instructing young individuals in the art of sailboat racing. They select a group of 12-13 children for their summer program, which spans approximately 45-50 days from July to August. Through this program, participants undergo expert training and develop their skills under the guidance of an internationally acclaimed coach. The team then competes in 5-7 national events against other elite sailing programs, providing a platform for these children to showcase their abilities. The primary objective of Lake Ontario Optimist Sailing Team Inc is to foster a love for sailing and develop the competitive spirit in these young participants.
Who is the CEO of Lake Ontario Optimist Sailing Team Inc?
James Lipp is the President of Lake Ontario Optimist Sailing Team Inc.
What is the revenue of Lake Ontario Optimist Sailing Team Inc?
Lake Ontario Optimist Sailing Team Inc's revenue in 2022 was $141,725.
Who are the executives of Lake Ontario Optimist Sailing Team Inc and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990EZ for Lake Ontario Optimist Sailing Team Inc?
Lake Ontario Optimist Sailing Team Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Lake Ontario Optimist Sailing Team Inc
Lake Ontario Optimist Sailing Team Inc, a renowned organization, focuses on the education and development of young sailors. The team selects around twelve to thirteen children annually to participate in an intensive summer program that spans approximately 45 to 50 days, from July to August. This program is designed under the guidance of an internationally acclaimed coach, providing the participants with expert training and honing their skills in sailboat racing.
Throughout the program, the Lake Ontario Optimist Sailing Team Inc takes these young sailors to various national competitions, typically numbering between five and seven. These events offer the children an opportunity to test their skills against other elite sailing programs, fostering a competitive yet nurturing environment. The primary objective of Lake Ontario Optimist Sailing Team Inc is to instill a deep understanding and passion for the sport of sailboat racing in these young participants.
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Impact
October, 2024
Lake Ontario Optimist Sailing Team Inc significantly influences the lives of children by providing them with a structured and enriching summer program focused on sailboat racing. By selecting 12-13 young participants, the team ensures that each child receives personalized attention and expert coaching from an internationally acclaimed instructor. Over the course of 45-50 days, participants develop essential sailing skills, teamwork, and sportsmanship, while also gaining confidence and discipline.
The opportunity to compete in 5-7 national competitions allows these young sailors to showcase their abilities and experience the thrill of competing against other elite sailing programs. This exposure not only hones their skills but also fosters a sense of camaraderie and connection with peers who share similar interests. The program serves as a catalyst for youth development, encouraging participants to set goals, face challenges, and achieve personal growth through sport. Overall, the impact of Lake Ontario Optimist Sailing Team Inc goes beyond sailing; it cultivates valuable life skills and lifelong memories for the next generation of sailors.
This information is meant to be a general summary of Lake Ontario Optimist Sailing Team 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.
- Gross Receipts: $141,725
Assets and Liabilities:
- Total Assets: $52,079
- Total Liabilities: $0
- Net Assets: $52,079
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Organization Details
Phone
(617) 513-1333Principal Officer
James Lipp
Main Address
172 CORNET STETSON ROAD, SCITUATE, MA, 02066
NTEE Category
Code: O50 - Youth development
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