Choptank River Yacht Club Inc

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

EIN: 521255285 ✦ Denton, MD ✦ Designated as a 501(c)(7)

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Overview

What is Choptank River Yacht Club Inc?

Choptank River Yacht Club Inc is a nonprofit organization located in Denton, Maryland. With a modest workforce of seven individuals, the club offers a blend of boating and social recreational activities. Their primary focus includes ensuring boating safety, providing instruction, and conducting inspections. The club's amenities include a clubhouse, bar, and grill, offering a social gathering space for its members. The club's mission is to promote boating as a recreational activity, ensuring safety and providing a welcoming environment for its members.


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Is Choptank River Yacht Club Inc legitimate?

Choptank River Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Choptank 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: $48,881

For more financial information, click here


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

The Choptank River Yacht Club Inc serves a dual purpose, catering to both boating enthusiasts and social activities. Its primary focus is on promoting boating safety, offering instruction, and conducting inspections. This is all done within the context of a club environment, which includes a clubhouse, bar, and grill. The club aims to provide a space where members can enjoy their shared passion for boating while also learning about safe practices and procedures. The social aspect of the club offers recreational activities, fostering a sense of camaraderie among its members.


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What is the revenue of Choptank River Yacht Club Inc?

Choptank River Yacht Club Inc's revenue in 2023 was $233,052.


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

The average compensation at Choptank River Yacht Club Inc during 2023 was $8,147. There are 6 employees at Choptank River Yacht Club Inc.

Here are 10 key members and their salaries:


David Wood (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Gray (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Whaley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Schreiber (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Darling (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Loren Cohee (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Blough (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Bacorn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Buddy Wooters (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Wood (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


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

Choptank River Yacht Club Inc's most recent form 990 was submitted in 2023 and can be accessed here.


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

Mission Statement of Choptank River Yacht Club Inc

Choptank River Yacht Club Inc is dedicated to promoting boating and recreational activities, offering a blend of safety, instruction, and inspections for its members. Established as a boating and social club, it provides a clubhouse, bar, and grill for its members to enjoy while partaking in their shared passion for boating. The club's mission encompasses more than just leisure activities; it is committed to ensuring safety on the water, providing instruction to help members improve their boating skills, and conducting inspections to ensure the vessels meet necessary standards. This multi-faceted approach allows Choptank River Yacht Club Inc to cater to the recreational and safety needs of its members, creating an enjoyable and secure boating experience.

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Impact




October, 2024

Choptank River Yacht Club Inc significantly enhances the local community through its focus on boating and social recreation. By offering boating safety instruction and inspection, the club promotes responsible boating practices, ensuring the safety of its members and the broader community on the water. The clubhouse, bar, and grill create a welcoming environment for social interaction, fostering camaraderie among members and providing a venue for community events.

Additionally, the club serves as a hub for recreational activities, attracting both local residents and visitors, which can stimulate the local economy. By engaging members in social and recreational boating activities, Choptank River Yacht Club Inc contributes to a vibrant community culture, encouraging outdoor participation and appreciation for local waterways. Its impact resonates beyond boating, as it cultivates a sense of community, supports local businesses, and champions safe and responsible recreational practices.




This information is meant to be a general summary of Choptank 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
$233,052 (2023)
Expenses
$171,670 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $46
  • Gross Receipts: $431,281

Assets and Liabilities:

  • Total Assets: $1,086,780
  • Total Liabilities: $283,223
  • Net Assets: $803,557

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Organization Details

Founding Year

1981

Principal Officer

David Whaley

NTEE Category

Code: N50 - Recreation

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