Chesapeake Yacht Club Inc

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

EIN: 520619023 ✦ Shady side, MD ✦ Designated as a 501(c)(7)

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Overview

What is Chesapeake Yacht Club Inc?

Chesapeake Yacht Club Inc, situated in Shady Side, Maryland, functions as a social or country club with a primary focus on yachting. This organization's mission is centered around fostering a yachting social community, aligning with the description of a "yachting social club." The specific activities and initiatives of the club are not provided in the information, but it is clear that Chesapeake Yacht Club Inc is dedicated to promoting yachting and social interactions within its membership.


Official website here: www.chesapeakeyachtclub.com

What do the Facebook reviews say about Chesapeake Yacht Club Inc?

98% of 31 reviewers on Facebook recommend Chesapeake Yacht Club Inc. Here is a summary of their reviews:

Patrons describe Chesapeake Yacht Club as a hidden gem on the Chesapeake Bay, highlighting its spacious 28 acres that offer a variety of amenities like a pool, Tiki Bar, and a boat launch. Visitors appreciate the welcoming atmosphere, especially for members from other yacht clubs, making it a great choice for enjoyable weekends by the water.

Overall, users express high satisfaction with the club's facilities and the sense of community it fosters, suggesting that it truly lives up to its reputation as a fantastic destination for both relaxation and recreation.


This AI summary has been generated from reviews found on Facebook.

Is Chesapeake Yacht Club Inc legitimate?

Chesapeake Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Chesapeake 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: $440,137

For more financial information, click here


Official website here: www.chesapeakeyachtclub.com

What is the mission statement of Chesapeake Yacht Club Inc?

The Chesapeake Yacht Club Inc serves as a social or country club, with its primary mission being centered around yachting. It fosters a social environment, promoting camaraderie and shared experiences among its members. The club's mission can be interpreted as encouraging yachting activities and providing a platform for social interaction among its members. The Chesapeake Yacht Club Inc does not disclose specific details about its objectives beyond promoting yachting and socializing.


Official website here: www.chesapeakeyachtclub.com

Who is the CEO of Chesapeake Yacht Club Inc?

Craig Landauer is the Treasurer of Chesapeake Yacht Club Inc.


Official website here: www.chesapeakeyachtclub.com

What is the revenue of Chesapeake Yacht Club Inc?

Chesapeake Yacht Club Inc's revenue in 2022 was $1,832,753.


Official website here: www.chesapeakeyachtclub.com

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

The average compensation at Chesapeake Yacht Club Inc during 2022 was $9,568. There are 46 employees at Chesapeake Yacht Club Inc.


Here are 11 key members and their salaries:


Jake Lewis (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Daley (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Stansfield (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Rohrbaugh (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheri Nelms (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Shell (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Schumack (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Davies (Fleet Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Landauer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Bradsher (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Urbanczyk (Past Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.chesapeakeyachtclub.com

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

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


Official website here: www.chesapeakeyachtclub.com

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

Mission Statement of Chesapeake Yacht Club Inc

Chesapeake Yacht Club Inc, as a social or country club, is dedicated to fostering a yachting social environment. Their primary mission is to provide an atmosphere where individuals can engage in yachting activities in a social context. This mission is centered around promoting camaraderie and enjoyment of yachting activities among its members.

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Impact




October, 2024

Chesapeake Yacht Club Inc plays a significant role in fostering community engagement and recreation in Shady Side, MD. By serving as a yachting social club, it creates a vibrant space for enthusiasts to share their passion for boating and sailing. The club not only promotes yachting but also facilitates social connections among members, enriching the local culture and enhancing the overall quality of life in the area.

The club organizes events, races, and social gatherings, which not only provide recreational opportunities but also bring together individuals and families, fostering a sense of belonging and camaraderie. This emphasis on social interaction contributes to the well-being of its members, promoting mental health and community ties.

Moreover, the Chesapeake Yacht Club Inc plays a vital role in environmental stewardship by encouraging responsible boating practices and raise awareness about the importance of protecting local waterways. By engaging members in sailing and related activities, the club promotes appreciation for the Chesapeake Bay, helping to inspire conservation efforts.

In summary, the impact of Chesapeake Yacht Club Inc extends beyond yachting; it enriches the community socially, supports environmental stewardship, and enhances recreational opportunities in Shady Side, MD.




This information is meant to be a general summary of Chesapeake 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
$1,832,753 (2022)
Expenses
$1,880,369 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $455
  • Program Service Revenue: $1,206,298
  • Gross Receipts: $1,832,753

Assets and Liabilities:

  • Total Assets: $6,009,127
  • Total Liabilities: $5,683,532
  • Net Assets: $325,595

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Programs

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

CRUISES/SOCIAL ACTIVITIES

Revenue

$10,725

CYCLA
DINING ROOM/LOUNGE

Revenue

$524,707

RENTALS/FUEL/SALES

Revenue

$670,866

Organization Details

Founding Year

1947

Principal Officer

Craig Landauer

Main Address

4943 HINE DRIVE, SHADY SIDE, MD, 20764

NTEE Category

Code: N50 - Recreation

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