Overview
What is Bald Head Island Yacht Club?
The Bald Head Island Yacht Club is a nonprofit organization located in Bald Head Island, North Carolina. Its primary focus is to foster the love for boating and enhance the knowledge of seamanship and navigation among its members. They organize various private social events throughout the year, with three major gatherings during the summer months. These occasions serve as platforms for members to share their boat-related experiences and achievements. The club also holds an annual meeting to discuss financial matters and plan for marina maintenance. Overall, the Bald Head Island Yacht Club aims to provide a pleasant boating experience for its members and their guests.
Is Bald Head Island Yacht Club legitimate?
Bald Head Island Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Bald Head Island 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.
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What is the mission statement of Bald Head Island Yacht Club?
The Bald Head Island Yacht Club's mission is centered around promoting the sport of boating and enhancing the knowledge of seamanship and navigation. It strives to provide a suitable environment for its members and their guests to enjoy boating activities for pleasure and recreation. The club actively encourages these activities and maintains a suitable anchorage for its members' enjoyment. Throughout the year, the club hosts various private social events, with major gatherings during summer holidays, serving as a platform for members to share their boating experiences and achievements.
Who is the CEO of Bald Head Island Yacht Club?
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What is the revenue of Bald Head Island Yacht Club?
Bald Head Island Yacht Club's revenue in 2022 was $544,474.
Who are the executives of Bald Head Island Yacht Club and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Bald Head Island Yacht Club?
Bald Head Island Yacht Club's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bald Head Island Yacht Club
The Bald Head Island Yacht Club, a vibrant organization, is dedicated to fostering the passion for boating and enhancing the knowledge of seamanship and navigation. Its primary objective is to create a conducive environment for its members and their guests to enjoy the sport of boating and relax. The club takes pride in maintaining a suitable harbor, serving as a haven for pleasure and recreation. By encouraging this activity, the Bald Head Island Yacht Club aims to bring its members together, allowing them to share their boating experiences and achievements.
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Impact
October, 2024
The Bald Head Island Yacht Club plays a vital role in fostering community engagement and promoting maritime activities among its members. By organizing numerous private socials throughout the year, including significant gatherings over holiday weekends, the club creates opportunities for members to connect, share experiences, and celebrate their love for boating.
These events allow members to discuss their vessels and share achievements, enhancing camaraderie and encouraging knowledge exchange about seamanship and navigation. The club’s commitment to maintaining a suitable anchorage further supports recreational boating, ensuring that both members and their guests have access to safe and enjoyable sailing experiences.
Additionally, the club's annual meetings facilitate active participation in governance and budgeting, ensuring transparency and collaboration among members in managing the marina's future. This combination of social interaction, shared learning, and collective responsibility enriches the sense of community on Bald Head Island and promotes a vibrant boating culture that can be enjoyed by all.
This information is meant to be a general summary of Bald Head Island 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $715
- Program Service Revenue: $544,792
- Gross Receipts: $570,914
Assets and Liabilities:
- Total Assets: $2,559,172
- Total Liabilities: $363,213
- Net Assets: $2,195,959
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues
Revenue
$539,040
Social Ticket Sales
Revenue
$5,752
Organization Details
Founding Year
2001
Main Address
PO BOX 3029, BALD HEAD ISLAND, NC, 28461
NTEE Category
Code: N500 - Recreation
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