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Lewes Yacht Club

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

EIN: 516001656 ✦ Lewes, DE ✦ Designated as a 501(c)(7)

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Overview

What is Lewes Yacht Club?

The Lewes Yacht Club, located with around 650 members, is a nonprofit organization situated near the Delaware bay. Its primary aim is to offer a congenial environment for its members, promoting sailing, boating, swimming, and social activities centered around this water body. To fulfill this objective, the club provides recreational facilities such as a marina, swimming pool, and a social clubhouse. These amenities serve as the foundation for member engagement in various water-based activities and social events.


Official website here: www.lewesyc.com

Is Lewes Yacht Club legitimate?

Lewes Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lewes Yacht Club 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: $163,020
Professional Fundraising Fees: $0
Other Salaries and Wages: $299,452

For more financial information, click here


Official website here: www.lewesyc.com

What is the mission statement of Lewes Yacht Club?

The Lewes Yacht Club's mission is centered around serving its members in a welcoming environment. This mission includes fostering a range of activities, such as sailing, boating, swimming, and social events, all centered around the Delaware Bay. The club aims to provide its approximately 650 members with recreational facilities, including a marina and a swimming pool, to enhance their experience. The club's primary focus is to create an atmosphere that encourages these activities, thus enriching the membership's yachting and boating experience.


Official website here: www.lewesyc.com

Who is the CEO of Lewes Yacht Club?

Richard Carpenter is the Director of Lewes Yacht Club.


Official website here: www.lewesyc.com

What is the revenue of Lewes Yacht Club?

Lewes Yacht Club's revenue in 2022 was $2,045,539.


Official website here: www.lewesyc.com

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

The average compensation at Lewes Yacht Club during 2022 was $4,817. There are 96 employees and 15 volunteers at Lewes Yacht Club.


Here are 17 key members and their salaries:


Barbara Baker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Baker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sonya Edwards (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Garry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Douglas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Lester (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Nehrbas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Selsor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Tadler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Weer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Robinson (Ex Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Copeland (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Ferry (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Krajewski (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Carpenter (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Robinson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Raschdorf (General Manager)
  • Compensation: $163,020
  • Related: $0
  • Other: $4,891


Official website here: www.lewesyc.com

Where can I find the form 990 for Lewes Yacht Club?

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


Official website here: www.lewesyc.com

Learn more at the official website: www.lewesyc.com

Mission Statement of Lewes Yacht Club

The Lewes Yacht Club, a community-oriented organization, is dedicated to serving its approximately 650 members in an inviting environment. Its mission is to nurture various recreational activities, specifically sailing, boating, swimming, and social engagements, all centered around the Delaware Bay. The club strives to provide its members with essential facilities such as a marina and a swimming pool, as well as fostering these activities to enrich their experiences.

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Impact




October, 2024

Lewes Yacht Club significantly enriches the community by providing a welcoming environment for sailing, boating, swimming, and social activities centered around the Delaware Bay. With approximately 650 members, the club serves as a vital recreational hub, offering facilities such as a marina and swimming pool that enhance the maritime experience for residents and visitors alike.

The club fosters not only individual enjoyment and skill development in water sports but also a strong sense of community among its members. By hosting various social events and activities, it creates opportunities for connection and camaraderie, contributing positively to the social fabric of Lewes. The club's commitment to creating an inclusive atmosphere encourages participation and promotes the enjoyment of aquatic recreation, making it an essential part of life along the Delaware Bay.




This information is meant to be a general summary of Lewes 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
$2,045,539 (2022)
Expenses
$1,249,576 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,713
  • Program Service Revenue: $2,026,842
  • Gross Receipts: $3,486,870

Assets and Liabilities:

  • Total Assets: $7,334,113
  • Total Liabilities: $2,147,125
  • Net Assets: $5,186,988

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES & FEES

Revenue

$1,474,617

POOL & SAILING

Revenue

$236,398

INITIATION & WAIT FEES

Revenue

$159,750

MARINA

Revenue

$156,077

Organization Details

Founding Year

1932

Principal Officer

Richard Carpenter

Main Address

2701 CEDAR ST PO BOX 2, LEWES, DE, 19958

NTEE Category

Code: N50 - Recreation

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