Overview
What is Indian River Yacht Club Inc?
The Indian River Yacht Club Inc, situated in Millsboro, Delaware, functions as a social club under the 501(c)(7) tax exemption. This organization offers a range of recreational and leisure activities, catering to the pleasure of its members. Its primary focus is on providing a platform for social interaction and enjoyment.
Is Indian River Yacht Club Inc legitimate?
Indian River Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Indian River Yacht Club 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: $49,953
For more financial information, click here
What is the mission statement of Indian River Yacht Club Inc?
The Indian River Yacht Club Inc. serves as a social club, functioning under the 501(c)(7) status. Its primary activity involves providing a range of recreational and pleasure programs. The club's mission is centered around fostering a social atmosphere, promoting relaxation and leisure activities for its members. The exact nature of these programs isn't specified in the provided information. It's important to note that the Indian River Yacht Club Inc. is not involved in any advocacy, research, or providing resources related to specific causes or communities, unlike some other organizations mentioned.
Who is the CEO of Indian River Yacht Club Inc?
Cliff Kerr is the Principal Officer of Indian River Yacht Club Inc.
What is the revenue of Indian River Yacht Club Inc?
Indian River Yacht Club Inc's revenue in 2022 was $221,341.
Who are the executives of Indian River Yacht Club Inc and what are their salaries?
The average compensation at Indian River Yacht Club Inc during 2022 was $12,488. There are 4 employees at Indian River Yacht Club Inc.
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Where can I find the form 990 for Indian River Yacht Club Inc?
Indian River Yacht Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Indian River Yacht Club Inc
The Indian River Yacht Club Inc, functioning as a social club under the 501(c)(7), is dedicated to providing a range of recreational and pleasure programs. As a mission-driven organization, it offers various opportunities for enjoyment and relaxation, catering to the interests of its members. Located in Millsboro, DE, this club serves as a hub for individuals seeking leisure activities and camaraderie.
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Impact
October, 2024
Indian River Yacht Club Inc enhances the community by providing a vibrant social hub for members to engage in recreational and pleasure activities. Located in Millsboro, DE, the club fosters connections and camaraderie among its members, creating a welcoming environment for shared interests and experiences. Through various programs and events, it contributes to the local culture and promotes a sense of belonging, while also encouraging a love for recreational pursuits. The club's presence stimulates local engagement and fosters an active lifestyle, making a positive impact on individuals and the broader community.
This information is meant to be a general summary of Indian River Yacht Club 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.
- Investment Income: $461
- Program Service Revenue: $154,633
- Gross Receipts: $316,084
Assets and Liabilities:
- Total Assets: $717,741
- Total Liabilities: $243
- Net Assets: $717,498
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERS DUES AND FEES
Revenue
$154,633
Organization Details
Founding Year
1940
Phone
(302) 947-1577Principal Officer
Cliff Kerr
Main Address
PO BOX 1566, MILLSBORO, DE, 19966
NTEE Category
Code: N50 - Recreation
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