Overview
What is Fishing Bay Yacht Club Inc?
Fishing Bay Yacht Club Inc, situated in Bon Air, Virginia, is a nonprofit organization with a primary focus on fostering and enhancing the art and science of sailing. With a team of 15 dedicated individuals, they accomplish this goal by organizing various sailing events. This club contributes to the sailing community, promoting the skill and passion for sailing within their local area and beyond.
Official website here: www.fbyc.net
Is Fishing Bay Yacht Club Inc legitimate?
Fishing Bay Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Fishing Bay 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: $152,140
For more financial information, click here
Official website here: www.fbyc.net
What is the mission statement of Fishing Bay Yacht Club Inc?
The Fishing Bay Yacht Club Inc is committed to fostering the art and science of sailing. This is achieved through the organization of various sailing events, aiming to promote and develop this skill set. By hosting these events, the club contributes to the growth and advancement of sailing as a sport and art form. The club's mission is not limited to just hosting events but also aims to inspire and educate individuals in the art and science of sailing.
Official website here: www.fbyc.net
Who is the CEO of Fishing Bay Yacht Club Inc?
K Stuart Gregory is the Commodore of Fishing Bay Yacht Club Inc.
Official website here: www.fbyc.net
What is the revenue of Fishing Bay Yacht Club Inc?
Fishing Bay Yacht Club Inc's revenue in 2022 was $854,559.
Official website here: www.fbyc.net
Who are the executives of Fishing Bay Yacht Club Inc and what are their salaries?
The average compensation at Fishing Bay Yacht Club Inc during 2022 was $10,143. There are 15 employees and 100 volunteers at Fishing Bay Yacht Club Inc.
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Official website here: www.fbyc.net
Where can I find the form 990 for Fishing Bay Yacht Club Inc?
Fishing Bay Yacht Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fbyc.net
Learn more at the official website: www.fbyc.net
Mission Statement of Fishing Bay Yacht Club Inc
Fishing Bay Yacht Club Inc, a prominent organization, is committed to advancing and cultivating the art and science of sailing. Their mission is to achieve this goal by organizing various sailing events. By hosting these events, they aim to provide a platform for sailors to showcase their skills and learn from one another, ultimately promoting the growth and development of sailing as a sport.
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Impact
October, 2024
Fishing Bay Yacht Club Inc significantly impacts the community by promoting and developing both the art and science of sailing. Through hosting various sailing events, the club fosters a love for the sport, encourages participation, and enhances skills among enthusiasts of all ages. This commitment not only enriches the recreational landscape of Bon Air, VA but also strengthens community bonds by bringing sailors together, promoting teamwork, and instilling values of sportsmanship and dedication. The yacht club serves as a hub for sailing education and competition, inspiring future generations to engage with water sports and the marine environment.
This information is meant to be a general summary of Fishing Bay 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $606,716
- Gross Receipts: $885,559
Assets and Liabilities:
- Total Assets: $4,043,912
- Total Liabilities: $389,833
- Net Assets: $3,654,079
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DUES
Revenue
$381,225
JUNIOR PROGRAMS
Revenue
$140,464
SOCIAL PROGRAMS
Revenue
$40,302
INITIATION FEES
Revenue
$23,298
REGATTA
Revenue
$17,852
Organization Details
Founding Year
1939
Phone
(804) 776-9346Principal Officer
K Stuart Gregory
Main Address
2711 BUFORD ROAD 309, BON AIR, VA, 23235
Website
www.fbyc.netNTEE Category
Code: N67 - Recreation
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