Charlotte Yacht Club

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

EIN: 560768908 ✦ Charlotte, NC ✦ Designated as a 501(c)(7)

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Overview

What is Charlotte Yacht Club?

Charlotte Yacht Club is a nonprofit organization dedicated to promoting boating and recreation activities. Situated in an unspecified location, the club manages its clubhouse, docks, and surrounding grounds meticulously to uphold its mission. The club's responsibilities encompass covering various operational costs like utilities, security, and supply expenses, as well as making loan repayments and paying property taxes. Essentially, Charlotte Yacht Club serves as a hub for boat enthusiasts, offering an ideal setting for leisure and recreation.

Is Charlotte Yacht Club legitimate?

Charlotte Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Charlotte Yacht Club 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 Charlotte Yacht Club?

The Charlotte Yacht Club's mission is centered around boating and recreation. To fulfill this mission, the club diligently maintains its clubhouse, docks, and grounds. This includes covering general occupancy expenses such as utilities, security, and supplies. Furthermore, the club takes care of loan payments and property taxes. In essence, the Charlotte Yacht Club is committed to providing an environment conducive to boating and recreational activities.

Who is the CEO of Charlotte Yacht Club?

Scottie Green is the President of Charlotte Yacht Club.

What is the revenue of Charlotte Yacht Club?

Charlotte Yacht Club's revenue in 2021 was $67,822.

Who are the executives of Charlotte Yacht Club and what are their salaries?

There 7 volunteers at Charlotte Yacht Club.


Here are 7 key members and their salaries:


Benny Cannon (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scottie Green (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Hayes (Bod Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cris Maynor (Bod Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Palmer (Bod Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Ruppe (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Sherrad (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Charlotte Yacht Club?

Charlotte Yacht Club's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Charlotte Yacht Club

Charlotte Yacht Club, a nonprofit organization, is dedicated to the pursuit of boating and recreation. To accomplish this mission, the club meticulously tends to its clubhouse, docks, and surrounding grounds. This maintenance includes overseeing essential costs such as utilities, security, and supplies. Furthermore, the club ensures it meets its financial obligations by making loan payments and paying the required property taxes. In essence, Charlotte Yacht Club's mission is to provide a conducive environment for boating and recreational activities while maintaining its facilities in a responsible and sustainable manner.

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Impact




October, 2024

Charlotte Yacht Club significantly enhances the local community through its focus on boating and recreation. By maintaining the clubhouse, docks, and surrounding grounds, the club provides a vital hub for water-based activities that foster a sense of community and promote active lifestyles among residents.

The club's operations cover essential expenses, including utilities, security, and supplies, ensuring a safe and welcoming environment for members and visitors. This support not only sustains recreational opportunities but also contributes to the social fabric of Charlotte by bringing together individuals and families who share a passion for boating and outdoor activities.

By investing in its facilities and maintaining a commitment to community engagement, Charlotte Yacht Club plays a crucial role in enhancing the quality of life in the area, making it a vital asset for both recreational enthusiasts and the broader community.




This information is meant to be a general summary of Charlotte Yacht Club. 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
$67,822 (2021)
Expenses
$61,659 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $41,852
  • Gross Receipts: $67,822

Assets and Liabilities:

  • Total Assets: $578,043
  • Total Liabilities: $123,555
  • Net Assets: $454,488

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Programs

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

SLIP RENTALS

Revenue

$41,852

Organization Details

Founding Year

1968

Principal Officer

Scottie Green

Main Address

14309 SOLDIER RD, CHARLOTTE, NC, 28278

NTEE Category

Code: N50 - Recreation

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