Overview
What is Fairfax Yacht Club Inc?
Fairfax Yacht Club Inc, located in Mason Neck, Virginia, is a nonprofit organization with a single employee. Their primary purpose is to offer and manage a condominium yacht club and boating facilities for its members' leisure and recreation. Furthermore, the club also encourages yachting and the development of naval science among its members. The club provides a space for its members to enjoy their hobbies and interests, contributing to the overall enjoyment and growth of the yachting community.
Official website here: www.fairfaxyachtclub.com
Is Fairfax Yacht Club Inc legitimate?
Fairfax Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Fairfax 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: $59,092
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Official website here: www.fairfaxyachtclub.com
What is the mission statement of Fairfax Yacht Club Inc?
The Fairfax Yacht Club Inc's mission is to offer and maintain condominium yacht club and boating facilities for its members, providing them with leisure and recreational opportunities. Additionally, the club actively encourages yachting and fosters the development of naval science, contributing to the overall enjoyment and education of its members. By providing these facilities and experiences, the Fairfax Yacht Club Inc aims to promote an engaging and enriching boating community.
Official website here: www.fairfaxyachtclub.com
What is the revenue of Fairfax Yacht Club Inc?
Fairfax Yacht Club Inc's revenue in 2024 was $261,361.
Official website here: www.fairfaxyachtclub.com
Who are the executives of Fairfax Yacht Club Inc and what are their salaries?
The average compensation at Fairfax Yacht Club Inc during 2024 was $59,092. There is 1 employee at Fairfax Yacht Club Inc.
Here are 5 key members and their salaries:
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Official website here: www.fairfaxyachtclub.com
Where can I find the form 990 for Fairfax Yacht Club Inc?
Fairfax Yacht Club Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.fairfaxyachtclub.com
Learn more at the official website: www.fairfaxyachtclub.com
Mission Statement of Fairfax Yacht Club Inc
Fairfax Yacht Club Inc, a non-profit organization, is dedicated to providing and maintaining yacht club and boating facilities for its members. Its mission is multifaceted, aiming not only to offer a Condominium Yacht Club and boating amenities for the enjoyment and leisure of its members, but also to foster an interest in yachting and promote the development of naval science. By doing so, the club encourages its members to engage in these activities, contributing to a vibrant and knowledgeable yachting community.
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Impact
October, 2024
Fairfax Yacht Club Inc significantly enhances the local boating community by providing and maintaining top-notch yacht club and boating facilities for its members. Located in Mason Neck, VA, the club serves as a hub for recreation and leisure, allowing members to enjoy various water activities in a well-equipped environment.
The organization plays a pivotal role in promoting yachting and fostering a deeper understanding of naval science among its members. By encouraging participation in sailing and boating, it not only enriches the lives of individuals and families but also contributes to the cultivation of skills and knowledge in seamanship. The facilities offered by the club serve as a cornerstone for social interaction among boating enthusiasts, creating a vibrant community centered around a shared passion for marine activities.
Overall, Fairfax Yacht Club Inc's impact extends beyond recreational opportunities; it bolsters community ties, encourages sustainable practices in maritime activities, and nurtures a culture of appreciation for the maritime environment.
This information is meant to be a general summary of Fairfax 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 2024.
- Investment Income: $48,852
- Program Service Revenue: $205,437
- Gross Receipts: $261,361
Assets and Liabilities:
- Total Assets: $2,279,567
- Total Liabilities: $901,959
- Net Assets: $1,377,608
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER ASSESSMENTS
Revenue
$205,437
Organization Details
Founding Year
1984
Principal Officer
Bill Mansour
Website
www.fairfaxyachtclub.comNTEE Category
Code: Z99 - Unknown
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