Nbc Inc

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

EIN: 541461275 ✦ Norfolk, VA ✦ Designated as a 501(c)(7)

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Overview

What is Nbc Inc?

Nbc Inc, as mentioned in the information array, is a nonprofit organization that serves as a gathering place for its members, hosting informal meetings and social events. While the description provided is brief, it suggests that this organization aims to foster a sense of community and connection among its members. However, the array does not include details about the specific causes or issues Nbc Inc focuses on, its reach, or any additional programs or initiatives it offers. As a result, this summary is limited to the information provided.


Official website here: www.norfolkboatclub.org

Is Nbc Inc legitimate?

Nbc Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Nbc 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.norfolkboatclub.org

What is the mission statement of Nbc Inc?

Nbc Inc's mission is centered around providing a setting for its members to engage in informal gatherings and social events. This organization serves to foster a sense of community among its members by offering a conducive environment for social interaction. The primary objective of Nbc Inc is to facilitate these meetings, contributing to the overall well-being and camaraderie of its members. It's important to note that this summary is based solely on the provided information, which does not delve into the specifics of how or why these gatherings are beneficial, or the scope of its membership.


Official website here: www.norfolkboatclub.org

Who is the CEO of Nbc Inc?

David Paddock is the Commodore of Nbc Inc.


Official website here: www.norfolkboatclub.org

What is the revenue of Nbc Inc?

Nbc Inc's revenue in 2022 was $143,214.


Official website here: www.norfolkboatclub.org

Who are the executives of Nbc Inc and what are their salaries?


Here are 8 key members and their salaries:


David Paddock (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Saich (Past Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce R Besley (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Wilcox (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Gantt (2Nd Lieutenant)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evan Harrell (Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Hand (1St Lieutenant)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Alexander (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.norfolkboatclub.org

Where can I find the form 990 for Nbc Inc?

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


Official website here: www.norfolkboatclub.org

Learn more at the official website: www.norfolkboatclub.org

Mission Statement of Nbc Inc

NBC Inc, in its mission, serves as a welcoming space for its members, facilitating informal gatherings and social events. The organization's primary objective is to foster a sense of community among its members, providing an environment where they can connect and engage in social activities. By offering these opportunities, NBC Inc seeks to enhance the overall experience of its members, fostering a sense of belonging and camaraderie.

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Impact




October, 2024

Nbc Inc plays a vital role in fostering community connections and social interaction among its members. By providing a dedicated meeting place, it enables informal gatherings and events that encourage networking, collaboration, and friendship. Situated in Norfolk, VA, the organization enriches the local community by creating opportunities for people to come together, share experiences, and build lasting relationships. Through its focus on recreation and social engagement, Nbc Inc enhances the quality of life for its members and strengthens community bonds. This supportive environment can lead to increased well-being and a sense of belonging, making it an invaluable asset to the community.




This information is meant to be a general summary of Nbc 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
$143,214 (2022)
Expenses
$103,490 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $886
  • Program Service Revenue: $141,751
  • Gross Receipts: $143,521

Assets and Liabilities:

  • Total Assets: $521,685
  • Total Liabilities: $83,238
  • Net Assets: $438,447

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Programs

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

CLUB FUNCTION REVENUE

Revenue

$7,770

INITIATION FEES

Revenue

$3,100

MEMBER CONTRIBUTIONS

Revenue

$2,600

MEMBERS DUES

Revenue

$104,081

SLIP FEES

Revenue

$24,200

Organization Details

Founding Year

1988

Principal Officer

David Paddock

Main Address

432 W FREEMASON STREET, NORFOLK, VA, 23510

NTEE Category

Code: N60 - Recreation

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