Corinthian 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: 530052160 ✦ Ridge, MD ✦ Designated as a 501(c)(7)

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Overview

What is Corinthian Yacht Club Inc?

Corinthian Yacht Club Inc, located in Ridge, Maryland, is a social club primarily focused on yachting. It offers a comprehensive range of facilities for its approximately 115 members, such as docks, accommodations, a clubhouse, bathhouse, laundry facilities, a swimming pool, and grilling and picnic areas. The club hosts various activities at these facilities, making it a hub for yachting enthusiasts. Its primary mission is to promote yachting, providing a platform for members to enjoy their shared passion.


Official website here: www.cycchesapeake.com

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

The Corinthian Yacht Club Inc has received early feedback from four reviews on Facebook, highlighting a positive experience overall. One reviewer expressed their delight, noting that the venue is beautiful and that they felt welcomed like family during their visit.

With no negative comments in the mix, it's clear that visitors appreciate the atmosphere and hospitality of the yacht club. The excitement for future visits emphasizes how enjoyable the experience was for them.

In summary, early impressions suggest that the Corinthian Yacht Club Inc creates a warm and fun environment for its guests, fostering a sense of community that encourages repeat visits.


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

Is Corinthian Yacht Club Inc legitimate?

Corinthian Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Corinthian 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: $0

For more financial information, click here


Official website here: www.cycchesapeake.com

What is the mission statement of Corinthian Yacht Club Inc?

The Corinthian Yacht Club Inc, serving as a social club with dock and related facilities, is committed to promoting yachting in general. The organization offers a comprehensive range of yacht club facilities for its members, including docks, accommodations, a clubhouse, bathhouse, laundry facilities, a swimming pool, and grilling and picnic areas. Various activities are also organized at these facilities for the enjoyment of approximately 115 members.


Official website here: www.cycchesapeake.com

Who is the CEO of Corinthian Yacht Club Inc?

Tom Shier is the Immed Past Commodore of Corinthian Yacht Club Inc.


Official website here: www.cycchesapeake.com

What is the revenue of Corinthian Yacht Club Inc?

Corinthian Yacht Club Inc's revenue in 2022 was $205,115.


Official website here: www.cycchesapeake.com

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

There 115 volunteers at Corinthian Yacht Club Inc.


Here are 9 key members and their salaries:


Brian Winsor (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dudley Chase (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dolores Derrington (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Shier (Immed Past Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Duvon (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katy Geddes (Fleet Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Young (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Hayes (Measurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Wescoat (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cycchesapeake.com

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

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


Official website here: www.cycchesapeake.com

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

Mission Statement of Corinthian Yacht Club Inc

The Corinthian Yacht Club Inc, as a social club, is committed to promoting yachting as its primary mission. This organization offers its members a comprehensive range of facilities, including docks, accommodations, a clubhouse, bathhouse, laundry facilities, a swimming pool, and grilling and picnic areas. Various activities are also held at these facilities, allowing members to engage in yachting activities and build a community around this shared interest. Approximately 115 individuals benefit from these facilities and activities, making the Corinthian Yacht Club Inc a hub for yachting enthusiasts seeking a social and engaging environment.

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Impact




October, 2024

Corinthian Yacht Club Inc plays a vital role in promoting yachting and fostering a community around this recreational activity. With a full range of facilities, including docks, accommodations, and recreational areas, it provides members with the resources they need to enjoy their passion for boating. The club’s commitment to hosting various activities encourages participation and camaraderie, benefiting approximately 115 members who share similar interests.

By offering well-maintained amenities such as a swimming pool, grilling and picnic areas, and a clubhouse, the club enhances the social experience of yachting. This environment not only nurtures a sense of community among members but also promotes the sport and lifestyle of yachting in the local area of Ridge, MD. Ultimately, Corinthian Yacht Club Inc contributes to the development of yachting culture and recreational enjoyment, making it a significant hub for enthusiasts in the region.




This information is meant to be a general summary of Corinthian 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
$205,115 (2022)
Expenses
$205,886 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $203,970
  • Gross Receipts: $205,160

Assets and Liabilities:

  • Total Assets: $1,054,186
  • Total Liabilities: $0
  • Net Assets: $1,054,186

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Programs

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

MEMBERS FACILITIES FEE

Revenue

$142,563

MEMBERSHIP DUES

Revenue

$61,407

Organization Details

Founding Year

1906

Principal Officer

Tom Shier

Main Address

48555 BEAN RD, RIDGE, MD, 206809702

NTEE Category

Code: N50 - Recreation

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