Bush River Yacht Club Inc

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

EIN: 520561371 ✦ Abingdon, MD ✦ Designated as a 501(c)(7)

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Overview

What is Bush River Yacht Club Inc?

Bush River Yacht Club Inc is a vibrant community of around 245 members, situated in an undisclosed location. This nonprofit organization primarily focuses on providing social and recreational activities for its members. One of its unique features is the rental of slips solely for its members. Beyond its membership, the United States Coast Guard Auxiliary and United States Power Squadrons also utilize the club's facilities at no cost, further enriching its community. The yacht club serves as a hub for leisure and social interaction, fostering a sense of camaraderie among its members.


Official website here: www.bushriveryachtclub.org

Is Bush River Yacht Club Inc legitimate?

Bush River Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Bush 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: $7,283

For more financial information, click here


Official website here: www.bushriveryachtclub.org

What is the mission statement of Bush River Yacht Club Inc?

The Bush River Yacht Club Inc serves as a social and recreational hub for approximately 245 members. The club offers the privilege of renting slips exclusively to its members. Furthermore, the U.S. Coast Guard Auxiliary and U.S. Power Squadron are granted free use of the club's facilities for their activities. The primary focus of the Bush River Yacht Club Inc is to provide a platform for its members to engage in social and recreational activities.


Official website here: www.bushriveryachtclub.org

Who is the CEO of Bush River Yacht Club Inc?

Dawn Adkins is the Treasurer of Bush River Yacht Club Inc.


Official website here: www.bushriveryachtclub.org

What is the revenue of Bush River Yacht Club Inc?

Bush River Yacht Club Inc's revenue in 2022 was $247,097.


Official website here: www.bushriveryachtclub.org

Who are the executives of Bush River Yacht Club Inc and what are their salaries?

The average compensation at Bush River Yacht Club Inc during 2022 was $1,040. There are 7 employees at Bush River Yacht Club Inc.


Here are 9 key members and their salaries:


Don Schlissler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grant Laseta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Branscome (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Poyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gosia Studnicki (Rear - Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Flanagan (Vice - Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colby Bearch (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawn Adkins (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wes Street (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bushriveryachtclub.org

Where can I find the form 990 for Bush River Yacht Club Inc?

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


Official website here: www.bushriveryachtclub.org

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

Mission Statement of Bush River Yacht Club Inc

Bush River Yacht Club Inc, a social and recreational organization with around 245 members, is dedicated to providing a space for its members to enjoy yachting activities. The Club rents slips exclusively to its members and offers its facilities free of charge to the U.S. Coast Guard Auxiliary and U.S. Power Squadron. The mission of Bush River Yacht Club Inc is to foster a sense of community and camaraderie among its members through yachting activities, providing a platform for social interaction and recreation. The Club's facilities are utilized by these two organizations, further enhancing its role in the boating community.

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Impact




October, 2024

Bush River Yacht Club Inc significantly enhances the social and recreational landscape of Abingdon, MD, by fostering a vibrant community of approximately 245 members. The club provides exclusive access to slips for its members, creating a dedicated environment for boating enthusiasts.

It also supports the U.S. Coast Guard Auxiliary and the U.S. Power Squadron by offering complimentary access to its facilities, facilitating essential training and community service activities. This collaborative spirit not only strengthens local maritime skills but also promotes safety and education on the water.

Overall, the club serves as a central hub for recreation, social interaction, and community engagement, enriching the lives of its members and contributing positively to the broader maritime community in the area.




This information is meant to be a general summary of Bush 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.

Revenue
$247,097 (2022)
Expenses
$267,394 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $13
  • Program Service Revenue: $72,487
  • Gross Receipts: $458,853

Assets and Liabilities:

  • Total Assets: $122,057
  • Total Liabilities: $922
  • Net Assets: $121,135

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Programs

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

SlipsPier Income

Revenue

$73,405

Burgee publication

Revenue

-$918

Organization Details

Founding Year

1939

Principal Officer

Dawn Adkins

Main Address

4001 E Baker Avenue, Abingdon, MD, 21009

NTEE Category

Code: N50 - Recreation

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