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12 Metre Yacht Club Newport Station Inc

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

EIN: 463711395 ✦ Newport, RI ✦ Designated as a 501(c)(3)

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Overview

What is 12 Metre Yacht Club Newport Station Inc?

The 12 Metre Yacht Club Newport Station Inc is a nonprofit organization primarily dedicated to reviving and promoting the 12 Metre style of yacht racing. They achieve this by organizing educational seminars, lectures, and hosting amateur racing events. Their main annual event, a 12 Metre sailing educational seminar, attracts approximately 100 attendees in Rhode Island. The organization's mission is to preserve and cultivate interest in this specific yacht racing style, contributing to its ongoing popularity and appreciation among enthusiasts.


Official website here: www.12myc.org/

Is 12 Metre Yacht Club Newport Station Inc legitimate?

12 Metre Yacht Club Newport Station Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 12 Metre Yacht Club Newport Station 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.12myc.org/

What is the mission statement of 12 Metre Yacht Club Newport Station Inc?

The 12 Metre Yacht Club Newport Station Inc's mission is centered around revitalizing enthusiasm for the 12 Metre style of yacht racing. They achieve this by organizing educational seminars, lectures, and amateur racing events. The organization hosts an annual 12 Metre sailing seminar in Rhode Island, attracting around 100 attendees. Their primary goal is to promote and preserve this specific type of yacht racing.


Official website here: www.12myc.org/

Who is the CEO of 12 Metre Yacht Club Newport Station Inc?

Steve Eddleston is the Treasurer of 12 Metre Yacht Club Newport Station Inc.


Official website here: www.12myc.org/

What is the revenue of 12 Metre Yacht Club Newport Station Inc?

12 Metre Yacht Club Newport Station Inc's revenue in 2020 was $105,829.


Official website here: www.12myc.org/

Who are the executives of 12 Metre Yacht Club Newport Station Inc and what are their salaries?


Here are 6 key members and their salaries:


Jack Lefort (Fleet Captai)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Eddleston (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Campbell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Patterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Read (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Gubelmann (Commodore Em)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.12myc.org/

Where can I find the form 990EZ for 12 Metre Yacht Club Newport Station Inc?

12 Metre Yacht Club Newport Station Inc's most recent form 990EZ was submitted in 2020 and can be accessed here.


Official website here: www.12myc.org/

Learn more at the official website: www.12myc.org/

Mission Statement of 12 Metre Yacht Club Newport Station Inc

The 12 Metre Yacht Club Newport Station Inc is dedicated to reviving and promoting the passion for 12 Metre-style yacht racing. They achieve this mission by organizing educational seminars, lectures, and hosting amateur racing events. Each year, they host a 12 Metre sailing educational seminar in Rhode Island, attracting around 100 attendees. By doing so, they aim to stimulate interest and enthusiasm for this particular style of yacht racing.

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Impact




October, 2024

12 Metre Yacht Club Newport Station Inc significantly impacts the sailing community by revitalizing interest in the historic 12 Metre style of yacht racing. Through its educational seminars, lectures, and amateur racing events, the organization fosters a deep appreciation for this classic form of sailing. The annual seminar in Rhode Island attracts approximately 100 attendees, serving as a platform for enthusiasts to learn about the history, techniques, and craftsmanship associated with 12 Metre yachts. This engagement not only promotes sailing as a recreational activity but also strengthens community ties among sailing aficionados, encouraging networking and mentorship among participants. Overall, the club contributes to the preservation of maritime heritage and promotes recreational sailing as a dynamic and enriching pursuit.




This information is meant to be a general summary of 12 Metre Yacht Club Newport Station 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
$105,829 (2020)
Expenses
$127,807 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $105,829

Assets and Liabilities:

  • Total Assets: $24,883
  • Total Liabilities: $30,376
  • Net Assets: -$5,493

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Organization Details

Principal Officer

Steve Eddleston

Main Address

PO BOX 148, NEWPORT, RI, 02840

NTEE Category

Code: N70 - Recreation

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