Overview
What is Cape Fear Yacht Club Inc?
Cape Fear Yacht Club Inc, a nonprofit organization, is located with an unspecified Filer. Their primary goal is to foster and stimulate yachting activities. By doing so, they not only promote yachting as a hobby but also encourage participation in this marine activity. The club's mission is steadfastly focused on nurturing an interest in yachting, ensuring its growth and accessibility for all interested individuals.
Is Cape Fear Yacht Club Inc legitimate?
Cape Fear Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Cape Fear Yacht Club Inc submitted a form 990EZ, 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.
What is the mission statement of Cape Fear Yacht Club Inc?
The mission of Cape Fear Yacht Club Inc. is centered around fostering and promoting yachting activities. The club actively encourages and supports various yachting activities, aiming to establish an engaging environment for yacht enthusiasts. Their primary goal is to stimulate interest and participation in yachting, thereby contributing to the growth and development of this nautical pursuit.
Who is the CEO of Cape Fear Yacht Club Inc?
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What is the revenue of Cape Fear Yacht Club Inc?
Cape Fear Yacht Club Inc's revenue in 2022 was $96,120.
Who are the executives of Cape Fear Yacht Club Inc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990EZ for Cape Fear Yacht Club Inc?
Cape Fear Yacht Club Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Cape Fear Yacht Club Inc
Cape Fear Yacht Club Inc, as its mission statement suggests, is dedicated to fostering and promoting yachting activities. The organization works tirelessly to encourage and stimulate interest in yachting, aiming to share the joy and excitement of this nautical pursuit with others. By promoting yacht activity, the club seeks to create a community of yacht enthusiasts who can enjoy this pastime together. This mission is a tribute to Cape Fear Yacht Club Inc's commitment to preserving and celebrating the tradition of yachting.
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Impact
October, 2024
Cape Fear Yacht Club Inc significantly impacts the local community by fostering a vibrant culture around yachting and recreational boating. By encouraging and promoting yachting activities, the club enhances the social and economic landscape of Southport, NC.
The club serves as a hub for enthusiasts, providing a space for members to connect, share knowledge, and engage in recreational activities on the water. This not only strengthens community bonds but also promotes a healthy lifestyle through outdoor engagement. Additionally, the club's presence can stimulate local tourism and related businesses, as events and activities often attract visitors to the area, leading to increased economic activity in Southport.
Through its focus on yachting, the Cape Fear Yacht Club Inc plays a crucial role in preserving and promoting maritime traditions, while also instilling a sense of responsibility towards the environment among its members and the broader community.
This information is meant to be a general summary of Cape Fear 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.
- Investment Income: $2
- Gross Receipts: $128,865
Assets and Liabilities:
- Total Assets: $475,778
- Total Liabilities: $124,036
- Net Assets: $351,742
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Organization Details
Main Address
POST OFFICE BOX 10180, SOUTHPORT, NC, 28461
NTEE Category
Code: N50 - Recreation
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