Overview
What is Lake Lanier Sailing Club Inc?
Lake Lanier Sailing Club Inc, located in Flowery Branch, Georgia, is a nonprofit organization with a focus on nurturing the sport of sailing. Throughout the year, they organize and support various regattas, catering to multiple sailing fleets. Their mission extends beyond racing, encompassing education and training initiatives to foster a broader appreciation for sailing. With a team of just two dedicated individuals, they actively contribute to the sailing community in Georgia.
Official website here: www.llsc.com
Is Lake Lanier Sailing Club Inc legitimate?
Lake Lanier Sailing Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lake Lanier Sailing 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: $96,765
For more financial information, click here
Official website here: www.llsc.com
What is the mission statement of Lake Lanier Sailing Club Inc?
Lake Lanier Sailing Club Inc's mission is centered around supporting the sport of sailing. They achieve this through various means, including education, training, racing, and other sailing-related activities. The club actively engages in organizing regattas and supports numerous separate one-design fleet regattas, as well as several performance handicap racing series. These initiatives are all part of their comprehensive racing programs, aimed at fostering growth and enthusiasm for the sport of sailing.
Official website here: www.llsc.com
Who is the CEO of Lake Lanier Sailing Club Inc?
Reid Collins is the Commodore of Lake Lanier Sailing Club Inc.
Official website here: www.llsc.com
What is the revenue of Lake Lanier Sailing Club Inc?
Lake Lanier Sailing Club Inc's revenue in 2022 was $548,559.
Official website here: www.llsc.com
Who are the executives of Lake Lanier Sailing Club Inc and what are their salaries?
The average compensation at Lake Lanier Sailing Club Inc during 2022 was $48,382. There are 2 employees and 200 volunteers at Lake Lanier Sailing Club Inc.
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Official website here: www.llsc.com
Where can I find the form 990 for Lake Lanier Sailing Club Inc?
Lake Lanier Sailing Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.llsc.com
Learn more at the official website: www.llsc.com
Mission Statement of Lake Lanier Sailing Club Inc
Lake Lanier Sailing Club Inc is dedicated to promoting and fostering the sport of sailing. They accomplish this mission through various means, including education, training, racing, and other sailing-related activities. The club actively supports the sailing community by organizing several regattas and events, attracting both amateur and experienced sailors. Furthermore, Lake Lanier Sailing Club Inc assists in hosting numerous one-design fleet regattas and performance handicap racing series, thereby expanding opportunities for sailors to engage in competitive and recreational sailing. The club's racing programs provide a platform for sailors to enhance their skills, test their abilities, and build camaraderie in the sailing community.
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Impact
October, 2024
Lake Lanier Sailing Club Inc significantly enhances the local community by promoting the sport of sailing through various educational and competitive initiatives. The club actively organizes five multi-fleet regattas each year, bolstering community engagement and fostering a spirited environment among sailing enthusiasts. Additionally, it supports numerous separate one-design fleet regattas and several performance handicap racing series, contributing to a robust racing program that attracts sailors of all skill levels. This commitment to sailing education and training not only develops local talent but also cultivates a strong sense of camaraderie and recreation among participants. By creating opportunities for people to engage in sailing, the club enriches the community and supports the growth of this cherished sport in Flowery Branch, GA.
This information is meant to be a general summary of Lake Lanier Sailing 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: $18,988
- Program Service Revenue: $241,632
- Gross Receipts: $548,559
Assets and Liabilities:
- Total Assets: $1,315,127
- Total Liabilities: $15,469
- Net Assets: $1,299,658
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DOCK AND STORAGE FEES
Revenue
$263,558
WATERFRONT DIRECTOR
Revenue
$22,159
REGATTA REVENUE
Revenue
$20,291
SOCIAL EVENT REVENUE
Revenue
$2,320
UNREALIZED GAIN/LOSS ON INVES
Revenue
-$66,696
Organization Details
Founding Year
1959
Phone
(404) 274-9390Principal Officer
Reid Collins
Main Address
6206 COMMODORE DR, FLOWERY BRANCH, GA, 30542
Website
www.llsc.comNTEE Category
Code: N30 - Recreation
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