Eastern Carolina Yacht Club Inc

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

EIN: 560705931 ✦ New bern, NC ✦ Designated as a 501(c)(7)

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Overview

What is Eastern Carolina Yacht Club Inc?

Eastern Carolina Yacht Club Inc, situated in New Bern, NC, functions as a membership-based social club catering to boating enthusiasts. As a recreational, leisure, or social club, it provides an atmosphere for members to interact and participate in activities aligned with their shared passion for boating. The club's offerings facilitate a sense of connection and engagement among its members.

Is Eastern Carolina Yacht Club Inc legitimate?

Eastern Carolina Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Eastern Carolina 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

What is the mission statement of Eastern Carolina Yacht Club Inc?

The Eastern Carolina Yacht Club Inc serves as a membership-based social club, catering to individuals with a passion for boating. Located in an undisclosed location, this club provides its members with numerous chances to interact and participate in activities related to their shared interest. As a recreational, leisure, or social organization, the Eastern Carolina Yacht Club fosters a sense of community among its members, offering them a platform to engage in enjoyable boat-related activities.

Who is the CEO of Eastern Carolina Yacht Club Inc?

Walt Crayton is the Vice-Commodore of Eastern Carolina Yacht Club Inc.

What is the revenue of Eastern Carolina Yacht Club Inc?

Eastern Carolina Yacht Club Inc's revenue in 2022 was $251,434.

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

There 229 volunteers at Eastern Carolina Yacht Club Inc.


Here are 5 key members and their salaries:


James Rankin Jr (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walt Crayton (Vice-Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Gray (Rear-Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Monte (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Harris (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Eastern Carolina Yacht Club Inc?

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

Mission Statement of Eastern Carolina Yacht Club Inc

Eastern Carolina Yacht Club Inc serves as a membership-based social club, catering to the interests of boating enthusiasts. Established as a recreational, pleasure, or social club, its primary purpose is to provide members with numerous opportunities to connect and engage in activities related to their shared passion for boating. By fostering a sense of community among its members, the club aims to provide an enjoyable and enriching experience for those who share a love for the sea and boating.

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Impact




October, 2024

Eastern Carolina Yacht Club Inc plays a significant role in fostering community and connection among boating enthusiasts in New Bern, NC. By providing a dedicated space for members to engage in recreational activities, the club promotes a sense of camaraderie and collaboration among individuals who share a passion for boating. This social environment not only enhances the boating experience but also encourages the exchange of knowledge and skills related to maritime activities.

The club offers a variety of events and activities that cater to different interests within the boating community, helping to create strong bonds between members. This engagement contributes to the local economy as members often participate in local events and utilize nearby resources related to boating, thereby supporting local businesses. Furthermore, the club serves as a hub for education and safety training, ensuring members are equipped with essential skills and knowledge.

By nurturing a vibrant community of boating enthusiasts, Eastern Carolina Yacht Club Inc not only enriches the lives of its members but also strengthens the fabric of the local community through recreation, social interaction, and shared experiences on the water.




This information is meant to be a general summary of Eastern Carolina 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
$251,434 (2022)
Expenses
$255,114 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $33
  • Program Service Revenue: $251,401
  • Gross Receipts: $251,434

Assets and Liabilities:

  • Total Assets: $272,185
  • Total Liabilities: $23,000
  • Net Assets: $249,185

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Programs

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

MEMBER ANNUAL DUES

Revenue

$123,504

GAS REIMBURSEMENTS FROM MEMBERS

Revenue

$50,900

SLIP RENT FROM MEMBERS

Revenue

$50,105

ELEC REIMBURSEMENT FROM MEMBERS

Revenue

$6,341

Organization Details

Founding Year

1947

Principal Officer

Walt Crayton

Main Address

PO BOX 1123, NEW BERN, NC, 285631123

NTEE Category

Code: N50 - Recreation

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