Overview
What is Edisto Island Yacht Club?
The Edisto Island Yacht Club is a nonprofit organization located in Edisto Island, South Carolina. Established with the purpose of promoting and encouraging boating in various forms, the club also fosters social activities associated with marine recreation. Members contribute dues and assessments to support the organization, which primarily funds the arrangement of social events within the club. With a staff of 27 individuals, the Edisto Island Yacht Club aims to provide an engaging and inclusive community for boating enthusiasts.
Is Edisto Island Yacht Club legitimate?
Edisto Island Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Edisto 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $101,327
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Edisto Island Yacht Club?
The Edisto Island Yacht Club, in its mission, strives to foster and encourage various forms of boating activities. Additionally, it promotes the social events that often accompany these watercraft pursuits. The club aims to achieve this dual goal, contributing to the enjoyment and development of boating enthusiasts. It accomplishes this by collecting membership dues and assessments, which are utilized to organize social events for the club's members.
What is the revenue of Edisto Island Yacht Club?
Edisto Island Yacht Club's revenue in 2023 was $383,751.
Who are the executives of Edisto Island Yacht Club and what are their salaries?
The average compensation at Edisto Island Yacht Club during 2023 was $6,755. There are 15 employees at Edisto Island Yacht Club.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Edisto Island Yacht Club?
Edisto Island Yacht Club's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Edisto Island Yacht Club
Edisto Island Yacht Club, as an organization, is committed to fostering and promoting boating in its various forms. Beyond just boating, the club also encourages the social activities that often accompany this pastime. The mission of Edisto Island Yacht Club is to create an environment that not only supports the enjoyment of boating but also the camaraderie that comes with it. The club achieves this by organizing social events for its members, utilizing funds collected through dues and assessments.
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Impact
October, 2024
Edisto Island Yacht Club plays a pivotal role in promoting boating and fostering a vibrant community around water-based activities on Edisto Island, South Carolina. By encouraging boating in all its forms, the club enhances recreational opportunities for residents and visitors alike, cultivating a love for water sports and nautical skills.
The club also organizes social events that strengthen community ties, providing a platform for members to connect, share experiences, and build lasting friendships. This blend of recreational and social engagement not only contributes to the well-being of individuals but also enhances the overall community spirit, making Edisto Island a more inviting place for both boating enthusiasts and those looking to enjoy a coastal lifestyle. Through its activities, the Edisto Island Yacht Club serves as a cornerstone for local culture and camaraderie, enriching the lives of its members and the broader community.
This information is meant to be a general summary of Edisto 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 2023.
- Investment Income: $1,009
- Gross Receipts: $846,205
Assets and Liabilities:
- Total Assets: $1,433,268
- Total Liabilities: $7,992
- Net Assets: $1,425,276
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Organization Details
Founding Year
1992
Principal Officer
Apple Richardson
NTEE Category
Code: P50 - Human services
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