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Washington Yacht Club

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

EIN: 472575658 ✦ Washington, DC ✦ Designated as a 501(c)(7)

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Overview

What is Washington Yacht Club?

The Washington Yacht Club is a nonprofit organization that offers affordable recreational boating opportunities and organizes social events to enrich its members and foster sailing within the local community. The club provides various facilities such as a Powerboats fleet, a Club House, Docks, and well-maintained Grounds, all available for members' leisurely use.


Official website here: www.washingtonyachtclubdc.org

Is Washington Yacht Club legitimate?

Washington Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Washington Yacht Club 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.washingtonyachtclubdc.org

What is the mission statement of Washington Yacht Club?

The Washington Yacht Club, in its mission, aims to provide affordable recreational boating opportunities and organizes social events to cater to its members and foster sailing within the local community. The club's initiatives encompass maintaining a fleet of powerboats, offering a Club House, Docks, and Grounds for member leisure use. By doing so, the Washington Yacht Club contributes to the promotion of sailing activities in the area.


Official website here: www.washingtonyachtclubdc.org

Who is the CEO of Washington Yacht Club?

Demond Thompson is the Treasurer of Washington Yacht Club.


Official website here: www.washingtonyachtclubdc.org

What is the revenue of Washington Yacht Club?

Washington Yacht Club's revenue in 2022 was $100,993.


Official website here: www.washingtonyachtclubdc.org

Who are the executives of Washington Yacht Club and what are their salaries?


Here are 9 key members and their salaries:


Stephen E Ricks (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Cole (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Rious (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Demond Thompson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Bell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cordell Barbour (Fleet Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lester Reese (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Durham (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Blake (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.washingtonyachtclubdc.org

Where can I find the form 990EZ for Washington Yacht Club?

Washington Yacht Club's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.washingtonyachtclubdc.org

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

Mission Statement of Washington Yacht Club

The Washington Yacht Club, as a nonprofit organization, is dedicated to offering its members affordable recreational boating experiences and fostering a sense of community around sailing in the local area. The club achieves this mission by providing various programs, such as maintaining a fleet of powerboats, a Club House, docks, and well-maintained grounds for members to enjoy recreational activities. The Washington Yacht Club's endeavors are not only focused on its members but also extend to promoting sailing in the surrounding community.

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Impact




October, 2024

The Washington Yacht Club plays a vital role in the local community by offering affordable recreational boating opportunities and fostering a love for sailing among its members. Through its diverse programs, the club maintains a fleet of powerboats and provides well-kept facilities, including a clubhouse, docks, and grounds, ensuring that members have access to quality recreational resources.

Moreover, the club organizes social events that enhance community engagement and promote camaraderie among sailing enthusiasts. By making recreational boating accessible, the Washington Yacht Club helps residents of Washington, DC, connect with the water, explore new skills in sailing, and build lasting friendships, contributing to a vibrant local culture centered around outdoor activities and marine appreciation.




This information is meant to be a general summary of Washington Yacht Club. 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
$100,993 (2022)
Expenses
$94,241 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6
  • Gross Receipts: $100,993

Assets and Liabilities:

  • Total Assets: $114,749
  • Total Liabilities: $0
  • Net Assets: $114,749

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Organization Details

Principal Officer

Demond Thompson

Main Address

1500 M STRET SE, Washington, DC, 20003

NTEE Category

Code: N50 - Recreation

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