Palm Coast Yacht Club Inc

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

EIN: 592287093 ✦ Palm coast, FL ✦ Designated as a 501(c)(7)

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Overview

What is Palm Coast Yacht Club Inc?

Palm Coast Yacht Club Inc is a nonprofit organization that prioritizes boating safety. They achieve this goal by offering educational programs and conducting inspections. Furthermore, the club organizes a captivating Community Boat Parade and provides boater education to benefit 80 individuals. By engaging in these activities, Palm Coast Yacht Club Inc contributes to enhancing boating safety awareness and skills within their community.

Is Palm Coast Yacht Club Inc legitimate?

Palm Coast Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Palm Coast 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Palm Coast Yacht Club Inc?

The Palm Coast Yacht Club Inc, in its mission, focuses on promoting boating safety. They accomplish this by offering educational resources and conducting inspections. The club also organizes a Community Boat Parade as a part of its activities. Furthermore, the Palm Coast Yacht Club provides boater education to benefit 80 individuals. In essence, the club's purpose is to ensure boating safety and educate boaters, contributing to a safer boating experience for all.

What is the revenue of Palm Coast Yacht Club Inc?

Palm Coast Yacht Club Inc's revenue in 2023 was $15,821.

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

Here are 7 key members and their salaries:


Sarah Ulis (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Franklin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donella Crawford (Past Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
B Kipnis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Otis Gilyard (Fleet Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candice Schmidt (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Franklin (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Palm Coast Yacht Club Inc?

Palm Coast Yacht Club Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Palm Coast Yacht Club Inc

Palm Coast Yacht Club, a distinguished organization, is dedicated to promoting boating safety. They accomplish this mission primarily through educational initiatives and rigorous inspections. Furthermore, this club actively engages in organizing a Community Boat Parade and offers boater education to approximately 80 individuals. Through these efforts, Palm Coast Yacht Club strives to enhance boating safety and knowledge within its community.

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Impact




October, 2024

Palm Coast Yacht Club Inc plays a significant role in promoting boating safety within the community. Through educational opportunities and inspections, the organization raises awareness about safe boating practices, ensuring that local boaters are well-informed and prepared on the water.

The club's efforts culminate in events like the Community Boat Parade, which not only brings the community together but also fosters a sense of camaraderie among boating enthusiasts. Additionally, by providing boater education to 80 beneficiaries, the Palm Coast Yacht Club enhances the skills and knowledge of local residents, contributing to safer waterways and more responsible boating culture. Overall, their initiatives are vital in cultivating a vibrant and safety-conscious boating environment in Palm Coast, Florida.




This information is meant to be a general summary of Palm Coast 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
$15,821 (2023)
Expenses
$47,278 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,537
  • Gross Receipts: $15,821

Assets and Liabilities:

  • Total Assets: $336,190
  • Total Liabilities: $0
  • Net Assets: $336,190

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Organization Details

Principal Officer

Steven Franklin

NTEE Category

Code: N50 - Recreation

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