Allatoona Yacht Club Inc

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

EIN: 580621888 ✦ Emerson, GA ✦ Designated as a 501(c)(7)

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Overview

What is Allatoona Yacht Club Inc?

Allatoona Yacht Club Inc, located in Emerson, Georgia, is a nonprofit organization with a focus on providing boating facilities and supporting services for its members. This club, which counts 33 employees, goes beyond just offering resources for boating, as it also fosters social interactions and fellowship among its members who enjoy Lake Allatoona. Moreover, Allatoona Yacht Club Inc maintains a sense of community by publishing a monthly newsletter for its members.


Official website here: www.allatoonayachtclub.org

Is Allatoona Yacht Club Inc legitimate?

Allatoona Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Allatoona 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: $82,671

For more financial information, click here


Official website here: www.allatoonayachtclub.org

What is the mission statement of Allatoona Yacht Club Inc?

The Allatoona Yacht Club Inc, in its mission, focuses on offering boating facilities and essential support services to its members. This organization goes beyond just providing amenities, as it also fosters social connections and fellowship among its members who share a passion for boating on Lake Allatoona. Furthermore, the club publishes a monthly newsletter to keep its members informed and connected.


Official website here: www.allatoonayachtclub.org

Who is the CEO of Allatoona Yacht Club Inc?

Jim Rasmussen is the Director of Allatoona Yacht Club Inc.


Official website here: www.allatoonayachtclub.org

What is the revenue of Allatoona Yacht Club Inc?

Allatoona Yacht Club Inc's revenue in 2022 was $1,036,438.


Official website here: www.allatoonayachtclub.org

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

The average compensation at Allatoona Yacht Club Inc during 2022 was $2,505. There are 33 employees at Allatoona Yacht Club Inc.


Here are 13 key members and their salaries:


Dan Croft (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Dover (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fernand Leblanc (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betsy Amos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amir Shakarami (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dewayne Griffith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Barber (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robbie Wright (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Steinmetz (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wade Everett (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Rasmussen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Avery (Past Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Daugherty (Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.allatoonayachtclub.org

Where can I find the form 990 for Allatoona Yacht Club Inc?

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


Official website here: www.allatoonayachtclub.org

Learn more at the official website: www.allatoonayachtclub.org

Mission Statement of Allatoona Yacht Club Inc

Allatoona Yacht Club Inc, a nonprofit organization, is dedicated to providing boating facilities and support services for its members. The primary objective of this club is to foster a sense of camaraderie and fellowship among its members who share a passion for boating on Lake Allatoona. To achieve this, the club publishes a monthly newsletter, serving as a communication platform to keep members informed and engaged. By offering boating facilities and support services, Allatoona Yacht Club Inc aims to enhance the boating experience for its members, making their time on the lake more enjoyable and rewarding.

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Impact




October, 2024

Allatoona Yacht Club Inc significantly enhances the recreational landscape around Lake Allatoona by providing essential boating facilities and support services to its members. Through its offerings, the club fosters a vibrant community that brings together boating enthusiasts, promoting social interactions and fellowship among individuals who share a passion for maritime activities.

By organizing social functions and publishing a monthly newsletter, the club keeps members informed and engaged, cultivating a sense of belonging and camaraderie that strengthens community ties. The club serves as a hub for learning and sharing boating knowledge, ensuring that members have access to the resources they need to enjoy safe and enjoyable experiences on the lake. Overall, Allatoona Yacht Club Inc plays a vital role in enriching the quality of life for its members and enhancing the recreational opportunities available on Lake Allatoona.




This information is meant to be a general summary of Allatoona 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
$1,036,438 (2022)
Expenses
$914,794 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,608
  • Program Service Revenue: $1,038,289
  • Gross Receipts: $1,127,408

Assets and Liabilities:

  • Total Assets: $1,802,671
  • Total Liabilities: $123,259
  • Net Assets: $1,679,412

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Programs

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

Electricity

Revenue

$33,477

Labor

Revenue

$59,320

Membership Fees

Revenue

$791,961

Miscellaneous Income

Revenue

$7,902

Restaurant Sales

Revenue

$144,919

Organization Details

Founding Year

1952

Principal Officer

Jim Rasmussen

Main Address

PO Box 418, Emerson, GA, 30137

NTEE Category

Code: N50 - Recreation

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