White River Yacht Club Foundation Inc

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

EIN: 463051772 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is White River Yacht Club Foundation Inc?

White River Yacht Club Foundation Inc, located in Indianapolis, Indiana, serves as a nonprofit organization with a mission to enhance the well-being of the White River Yacht Club and the surrounding community. They have demonstrated this commitment by raising funds, specifically through a classic car and boat show, for Riley Children's Foundation. This act of philanthropy underlines their dedication to supporting local initiatives and contributing to the betterment of their surroundings.

Is White River Yacht Club Foundation Inc legitimate?

White River Yacht Club Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. White River Yacht Club Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of White River Yacht Club Foundation Inc?

The White River Yacht Club Foundation Inc's mission is centered around providing assistance for the betterment of the White River Yacht Club and the surrounding community. Their mission statement, in essence, is aimed at enhancing the well-being of both the yacht club and its local surroundings. To achieve this, they have demonstrated their commitment by raising funds, such as the 30,000 raised through a classic car and boat show, for charitable causes, specifically the Riley Children's Foundation in this instance. The foundation's activities are geared towards improving the overall environment and quality of life for the community associated with the yacht club.

Who is the CEO of White River Yacht Club Foundation Inc?

David Hoover is the Board Member of White River Yacht Club Foundation Inc.

What is the revenue of White River Yacht Club Foundation Inc?

White River Yacht Club Foundation Inc's revenue in 2023 was $119,996.

Who are the executives of White River Yacht Club Foundation Inc and what are their salaries?

There 5 volunteers at White River Yacht Club Foundation Inc.


Here are 5 key members and their salaries:


Bob Fox (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Hoover (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Hull (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph Knauss (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Welsh (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for White River Yacht Club Foundation Inc?

White River Yacht Club Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of White River Yacht Club Foundation Inc

White River Yacht Club Foundation Inc, as its name suggests, is dedicated to improving the well-being of the White River Yacht Club and its surrounding community. The foundation's mission is geared towards providing assistance that positively impacts the club and its local environment. One of the ways they achieve this is by raising funds for worthy causes. For instance, they organized a classic car and boat show, which generated 30,000 dollars for the Riley Children's Foundation. This demonstrates their commitment to making a difference, both within the yacht club and beyond, by supporting initiatives that positively impact the lives of others.

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Impact




October, 2024

The White River Yacht Club Foundation Inc significantly enhances both the White River Yacht Club and the surrounding community through various initiatives. One of its notable achievements includes raising $30,000 through a classic car and boat show, directly benefitting the Riley Children's Foundation, which supports the health and well-being of children in need. This philanthropic effort not only contributes vital funds for children's healthcare but also fosters community engagement and pride. By focusing on initiatives that promote betterment, the foundation plays a crucial role in strengthening connections within the community and ensuring the ongoing vitality of the yacht club.




This information is meant to be a general summary of White River Yacht Club Foundation 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
$119,996 (2023)
Expenses
$78,478 (2023)
Efficiency

Other financial information:

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

  • Gross Receipts: $119,996

Assets and Liabilities:

  • Total Assets: $143,871
  • Total Liabilities: $0
  • Net Assets: $143,871

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Organization Details

Founding Year

2013

Principal Officer

David Hoover

Main Address

860 E 86TH STREET SUITE 5, INDIANAPOLIS, IN, 46240

NTEE Category

Code: Z99 - Unknown

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