Chattanooga Yacht Club

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

EIN: 620156435 ✦ Chattanooga, TN ✦ Designated as a 501(c)(7)

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Overview

What is Chattanooga Yacht Club?

The Chattanooga Yacht Club is a social organization located in Chattanooga, Tennessee, catering to individuals with a shared interest. Acting as a recreational, pleasure, or social club, it offers various programs for its members, contributing to the club's operation. The club's primary focus is on fostering camaraderie and promoting maritime activities within its community.

Is Chattanooga Yacht Club legitimate?

Chattanooga Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Chattanooga 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $229,576

For more financial information, click here

What is the mission statement of Chattanooga Yacht Club?

The Chattanooga Yacht Club serves as a social organization, uniting individuals with a shared interest. Its primary mission involves overseeing various programs to cater to its members, operating within the realm of recreational, pleasure, or social clubs. The club is committed to providing an engaging environment for its members, fostering a sense of camaraderie and shared experiences.

Who is the CEO of Chattanooga Yacht Club?

Porter Raulston is the Director of Chattanooga Yacht Club.

What is the revenue of Chattanooga Yacht Club?

Chattanooga Yacht Club's revenue in 2022 was $807,125.

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

The average compensation at Chattanooga Yacht Club during 2022 was $15,305. There are 15 employees at Chattanooga Yacht Club.


Here are 9 key members and their salaries:


Jim Curtain (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Clingan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Connor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Finnell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Kirby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Porter Raulson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Ortiz (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Bentley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Nelson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Chattanooga Yacht Club?

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

Mission Statement of Chattanooga Yacht Club

The Chattanooga Yacht Club serves as a social organization, bringing together individuals with a shared interest. Its primary mission is to facilitate programs that cater to its members, falling under the category of recreational, pleasure, or social clubs. The club operates with the aim of providing an engaging environment for its members, fostering camaraderie and shared experiences.

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Impact




October, 2024

Chattanooga Yacht Club plays a significant role in fostering community and camaraderie among sailing enthusiasts in the region. By offering a space for individuals who share a passion for yachting, the club promotes social interaction and the development of lifelong friendships among its members. The club organizes a variety of programs and activities that encourage participation in sailing and other water-related events, enhancing the recreational opportunities available to the community.

In addition to promoting leisure and recreation, Chattanooga Yacht Club contributes to the local economy by attracting visitors who participate in its events and activities. This influx of visitors can benefit local businesses, such as restaurants, hotels, and shops, creating a positive ripple effect throughout the area. Furthermore, the club's focus on yachting and water sports can inspire environmental stewardship and awareness among its members and the broader community, promoting conservation efforts for local waterways.

Overall, Chattanooga Yacht Club not only enriches the lives of its members through social engagement and recreational activities but also strengthens community ties, supports the local economy, and encourages responsible stewardship of the region's natural resources.




This information is meant to be a general summary of Chattanooga 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.

Revenue
$807,125 (2022)
Expenses
$684,051 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,052
  • Program Service Revenue: $571,050
  • Gross Receipts: $1,036,358

Assets and Liabilities:

  • Total Assets: $2,587,127
  • Total Liabilities: $260,729
  • Net Assets: $2,326,398

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Programs

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

MEMBERSHIP DUES AND AS

Revenue

$571,050

Organization Details

Founding Year

1925

Principal Officer

Porter Raulston

Main Address

9400 N HICKORY VALLEY ROAD, CHATTANOOGA, TN, 374161316

NTEE Category

Code: N50 - Recreation

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