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St Marys College Of Maryland Boat Foundation Inc

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

EIN: 522237977 ✦ St marys city, MD ✦ Designated as a 501(c)(3)

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Overview

What is St Marys College Of Maryland Boat Foundation Inc?

St. Mary's College of Maryland Boat Foundation Inc is a nonprofit organization located in St. Marys City, Maryland, specifically at 18952 E Fisher Road. The primary mission of this foundation is to support and enhance the boating and sailing programs at St. Mary's College of Maryland, providing resources for education and training on the water. They accomplish this by offering financial assistance, such as funding for boats, repairs, and insurance. In addition, the foundation supports sail training for students, providing opportunities for them to participate in competitions using the foundation's vessels. The foundation's activities also include funding the Assistant Varsity Sailing Coach position's salary. Overall, the Boat Foundation's mission is to foster a strong boating and sailing community at St. Mary's College of Maryland.

Is St Marys College Of Maryland Boat Foundation Inc legitimate?

St Marys College Of Maryland Boat Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Marys College Of Maryland Boat Foundation 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: $0

For more financial information, click here

What is the mission statement of St Marys College Of Maryland Boat Foundation Inc?

The St. Mary's College of Maryland Boat Foundation's mission is centered around supporting the college's boating and sailing programs. Their objective is to provide necessary resources for education and training on the water. The foundation is instrumental in managing donations of boats and cash, utilizing the proceeds from boat sales after a significant period of use for the betterment of St. Mary's College of Maryland's programs.

Who is the CEO of St Marys College Of Maryland Boat Foundation Inc?

Carolyn Curry is the Executive Director of St Marys College Of Maryland Boat Foundation Inc.

What is the revenue of St Marys College Of Maryland Boat Foundation Inc?

St Marys College Of Maryland Boat Foundation Inc's revenue in 2023 was -$73,945.

Who are the executives of St Marys College Of Maryland Boat Foundation Inc and what are their salaries?

There 7 volunteers at St Marys College Of Maryland Boat Foundation Inc.


Here are 8 key members and their salaries:


Carolyn Curry (Executive Director)
  • Compensation: $0
  • Related: $239,003
  • Other: $0
Adam Werblow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Ward (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Waldschmitt (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clarke Mckinney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Behrens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Meredith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Friedman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for St Marys College Of Maryland Boat Foundation Inc?

St Marys College Of Maryland Boat Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of St Marys College Of Maryland Boat Foundation Inc

St. Mary's College of Maryland Boat Foundation's mission is centered around supporting the maritime and sailing programs at St. Mary's College of Maryland. The organization aims to bolster these programs by facilitating the donation and utilization of both monetary resources and boats. Furthermore, the proceeds from the sale of boats, after a certain period of use, are channeled back into the college's programs. The overarching goal of St. Mary's College of Maryland Boat Foundation is to enhance education and training opportunities related to boating and sailing.

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Impact




October, 2024

St. Mary's College of Maryland Boat Foundation significantly enhances the boating and sailing programs at St. Mary's College. By providing essential resources such as vessels, repairs, and insurance for the college's boats, the Foundation ensures that students have access to quality equipment for their training and competitions.

The Foundation offers comprehensive programming that includes sail training for students on various platforms, fostering skills and experiences that are vital for both recreational and competitive sailing. This access to hands-on sailing opportunities promotes teamwork, leadership, and problem-solving abilities among participants, enriching their educational journey.

Moreover, the daily training activities supported by the Foundation's fleet of sailboats prepare students for competitions, allowing them to apply their training in real-world scenarios. The funding for the Assistant Varsity Sailing Coach position underscores the Foundation's commitment to providing professional guidance and coaching, which is crucial for developing talented sailors.

Overall, the impact of St. Mary's College of Maryland Boat Foundation extends beyond the water. It cultivates a community of skilled sailors, enriches the college's educational offerings, and promotes personal and professional growth through rigorous training and competitive opportunities.




This information is meant to be a general summary of St Marys College Of Maryland Boat Foundation 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
-$73,945 (2023)
Expenses
$226,297 (2023)
Efficiency

Other financial information:

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

  • Gross Receipts: $425,500

Assets and Liabilities:

  • Total Assets: $600,598
  • Total Liabilities: $6,514
  • Net Assets: $594,084

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Organization Details

Founding Year

2001

Principal Officer

Carolyn Curry

Main Address

18952 E Fisher Road, St Marys City, MD, 20686

NTEE Category

Code: N70 - Recreation

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