Overview
What is Chesapeake Bay Yacht Club Of Talbot?
The Chesapeake Bay Yacht Club of Talbot serves as a private sanctuary for its members, fostering shared passions in yachting and social engagements. The club's primary objective is to promote and encourage these interests among its members. A significant aspect of their mission is organizing a regatta in collaboration with other local clubs, showcasing their enthusiasm for nautical pursuits. The club functions primarily for the benefit of its members, providing an avenue for camaraderie and enjoyment in the world of yachting.
Is Chesapeake Bay Yacht Club Of Talbot legitimate?
Chesapeake Bay Yacht Club Of Talbot is a legitimate nonprofit organization registered as a 501(c)(7) entity. Chesapeake Bay Yacht Club Of Talbot 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: $128,068
For more financial information, click here
What is the mission statement of Chesapeake Bay Yacht Club Of Talbot?
The Chesapeake Bay Yacht Club of Talbot serves as a private platform, primarily for its members, to foster and engage in shared interests in yachting and social activities. Its mission is centered around promoting camaraderie and mutual enjoyment among its members in the realm of yachting. The club organizes a regatta in collaboration with other local yacht clubs, contributing to the overall yachting community.
Who is the CEO of Chesapeake Bay Yacht Club Of Talbot?
Robert T Valliant Jr is the Treasurer of Chesapeake Bay Yacht Club Of Talbot.
What is the revenue of Chesapeake Bay Yacht Club Of Talbot?
Chesapeake Bay Yacht Club Of Talbot's revenue in 2022 was $314,600.
Who are the executives of Chesapeake Bay Yacht Club Of Talbot and what are their salaries?
The average compensation at Chesapeake Bay Yacht Club Of Talbot during 2022 was $11,643. There are 11 employees at Chesapeake Bay Yacht Club Of Talbot.
Here are 11 key members and their salaries:
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Where can I find the form 990 for Chesapeake Bay Yacht Club Of Talbot?
Chesapeake Bay Yacht Club Of Talbot's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Chesapeake Bay Yacht Club Of Talbot
Chesapeake Bay Yacht Club of Talbot serves as a private sanctuary for its members, fostering a shared passion for yachting and social activities. Its primary objective is to inspire camaraderie and mutual enjoyment among its members through the pursuit of their common maritime interests. The club achieves this by organizing events and activities that celebrate the nautical lifestyle, including hosting a regatta in collaboration with other local yacht clubs.
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Impact
October, 2024
Chesapeake Bay Yacht Club of Talbot plays a significant role in enhancing the recreational and social landscape of the Easton, MD community. By providing a private venue for members, the club fosters a vibrant environment where individuals can share their passion for yachting and engage in various social activities.
The club's commitment to promoting yachting culture is evident through events such as the annual regatta, which brings together members from different area clubs, encouraging camaraderie and competition. These activities not only benefit the club members but also contribute to local tourism and economic activity as spectators and participants gather to enjoy the festivities.
Additionally, the club serves as a hub for networking and building lasting relationships among members who share common interests, further enriching the social fabric of the region. By cultivating a sense of community and shared purpose, Chesapeake Bay Yacht Club of Talbot enhances the overall quality of life for its members and the surrounding area.
This information is meant to be a general summary of Chesapeake Bay Yacht Club Of Talbot. 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: -$5,071
- Program Service Revenue: $257,106
- Gross Receipts: $374,470
Assets and Liabilities:
- Total Assets: $1,014,707
- Total Liabilities: $233,911
- Net Assets: $780,796
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues & Assessm
Revenue
$257,106
Organization Details
Founding Year
1887
Phone
(410) 822-0644Principal Officer
Robert T Valliant Jr
Main Address
117 WASHINGTON STPO BOX 280, EASTON, MD, 21601
NTEE Category
Code: N50 - Recreation
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