Overview
What is Maryland Yacht Club Inc?
Maryland Yacht Club Inc is a nonprofit organization that primarily serves its members. Its core activities include overseeing a marina, providing boat slips and moorings for member vessels, and managing a fuel dock. Additionally, the club operates a dining room and bar to offer social opportunities for its members. The mission of Maryland Yacht Club Inc is centered around promoting boat safety and member engagement, with the operation of its dining and social facilities being an integral part of this mission.
Is Maryland Yacht Club Inc legitimate?
Maryland Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Maryland 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: $14,016
For more financial information, click here
What is the mission statement of Maryland Yacht Club Inc?
The Maryland Yacht Club Inc. focuses on operating a marina for its members, providing them with boat slips and moorings. They also manage a fuel dock for their members' convenience. The club's mission is primarily centered around boat safety and member activities. To foster a sense of community, they run a dining room and bar where members can socialize. These facilities and activities are essential components of the club's mission to cater to the needs and interests of its members.
Who is the CEO of Maryland Yacht Club Inc?
Carl Treff is the Commodore of Maryland Yacht Club Inc.
What is the revenue of Maryland Yacht Club Inc?
Maryland Yacht Club Inc's revenue in 2022 was $505,825.
Who are the executives of Maryland Yacht Club Inc and what are their salaries?
The average compensation at Maryland Yacht Club Inc during 2022 was $2,002. There are 7 employees at Maryland Yacht Club Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Maryland Yacht Club Inc?
Maryland Yacht Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Maryland Yacht Club Inc
Maryland Yacht Club, a renowned organization, is dedicated to serving its members. At the heart of its mission, the club operates a marina, providing boat slips and moorings for its members. This marina is not just a place to park boats, but it also ensures boat safety, a crucial aspect of the club's operations. In addition to its marina services, Maryland Yacht Club runs a dining room and bar for its members. These social spaces are designed to foster a sense of community and camaraderie among the members. The dining room and bar provide a platform for members to engage in social activities, enhancing their club experience. Furthermore, the club manages a fuel dock for its members, ensuring they have easy access to fuel for their marine adventures. In summary, Maryland Yacht Club's mission is centered around boat safety and member activity, offering a marina, dining room, bar, and fuel dock services to its members.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Maryland Yacht Club Inc plays a vital role in enhancing the recreational experience for its members in Pasadena, MD. By operating a marina, it provides essential boat slips and moorings, facilitating boating activities and ensuring that members have safe and accessible options for watercraft storage.
In addition to boating services, the club's dining room and bar foster a vibrant social environment, encouraging community interaction and engagement among members. The various social activities organized by the club promote camaraderie, strengthen relationships, and create lasting memories.
The fuel dock offers convenience for boaters, ensuring they have easy access to necessary resources while enjoying their time on the water. Overall, Maryland Yacht Club Inc not only supports boating safety and activity but also enriches the local community by providing a gathering space that prioritizes both recreation and social connection.
This information is meant to be a general summary of Maryland 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: -$3,113
- Program Service Revenue: $294,341
- Gross Receipts: $747,114
Assets and Liabilities:
- Total Assets: $1,527,571
- Total Liabilities: $1,366,809
- Net Assets: $160,762
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BASIN INCOME
Revenue
$261,353
TRANSIENT FEES
Revenue
$32,988
Organization Details
Founding Year
1908
Phone
(410) 255-4444Principal Officer
Carl Treff
Main Address
1500 FAIRVIEW BEACH ROAD, PASADENA, MD, 21122
NTEE Category
Code: N50 - Recreation
If you are a representative of Maryland Yacht Club Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.