Selby Bay Yacht Club Property Corp

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

EIN: 536009607 ✦ Edgewater, MD ✦ Designated as a 501(c)(7)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Selby Bay Yacht Club Property Corp?

Selby Bay Yacht Club Property Corp is a nonprofit organization situated in Edgewater, Maryland. Their primary mission is to foster the love for boating within their community and offer related services and facilities to their members. With just one employee, this organization is dedicated to promoting the sport of boating and catering to its members' needs. Their activities encompass providing facilities and services related to boating, aiming to enhance the experiences of their members and contribute to the boating community at large.


Official website here: www.selbybayyc.com

Is Selby Bay Yacht Club Property Corp legitimate?

Selby Bay Yacht Club Property Corp is a legitimate nonprofit organization registered as a 501(c)(7) entity. Selby Bay Yacht Club Property Corp 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: $56,256

For more financial information, click here


Official website here: www.selbybayyc.com

What is the mission statement of Selby Bay Yacht Club Property Corp?

Selby Bay Yacht Club Property Corp's mission is centered around promoting the sport of boating. They achieve this by offering related services and facilities to their club members. Their activities are geared towards fostering an environment where members can enjoy boating. The organization's mission is to provide these services and facilities in connection with the sport of boating, thereby enhancing the boating experience for its members.


Official website here: www.selbybayyc.com

Who is the CEO of Selby Bay Yacht Club Property Corp?

Allan Lesser is the Commodore of Selby Bay Yacht Club Property Corp.


Official website here: www.selbybayyc.com

What is the revenue of Selby Bay Yacht Club Property Corp?

Selby Bay Yacht Club Property Corp's revenue in 2022 was $417,050.


Official website here: www.selbybayyc.com

Who are the executives of Selby Bay Yacht Club Property Corp and what are their salaries?

The average compensation at Selby Bay Yacht Club Property Corp during 2022 was $56,256. There is 1 employee and 30 volunteers at Selby Bay Yacht Club Property Corp.


Here are 11 key members and their salaries:


Julien Hofberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Mermelstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Petty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Prickett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allan Lesser (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Weil (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Schiff (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Dodd (Fleet Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Arey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Mckinney (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Neustadtl (Immediate Past Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.selbybayyc.com

Where can I find the form 990 for Selby Bay Yacht Club Property Corp?

Selby Bay Yacht Club Property Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.selbybayyc.com

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

Mission Statement of Selby Bay Yacht Club Property Corp

Selby Bay Yacht Club Property Corp, as a nonprofit organization, is dedicated to promoting the sport of boating. Their mission is multifaceted, involving not only the promotion of this activity but also providing relevant services and facilities to its members. The corporation aims to foster a community around boating, offering resources and amenities that cater to its members' interests in this field. By doing so, Selby Bay Yacht Club Property Corp contributes to the enjoyment and growth of the boating community.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Selby Bay Yacht Club Property Corp plays a significant role in enhancing the boating experience for its members by promoting the sport of boating and offering essential services and facilities. Located in Edgewater, MD, the organization fosters a vibrant community centered around marine activities, contributing to local recreation and enjoyment of water-based pursuits. Through its initiatives, it encourages boating participation, supports skill development, and creates a supportive environment for enthusiasts to connect and enjoy the waterways. The club's efforts not only enrich the lives of its members but also promote responsible boating practices and environmental stewardship within the community.




This information is meant to be a general summary of Selby Bay Yacht Club Property Corp. 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
$417,050 (2022)
Expenses
$358,235 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,348
  • Program Service Revenue: $200,839
  • Gross Receipts: $417,050

Assets and Liabilities:

  • Total Assets: $1,085,412
  • Total Liabilities: $1,150,982
  • Net Assets: -$65,570

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

SLIP FEES

Revenue

$200,839

Organization Details

Founding Year

1947

Principal Officer

Allan Lesser

Main Address

1116 TURKEY POINT ROAD, EDGEWATER, MD, 210374101

NTEE Category

Code: N50 - Recreation

If you are a representative of Selby Bay Yacht Club Property Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.