Laurel Yacht Club

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

EIN: 620613991 ✦ Bristol, TN ✦ Designated as a 501(c)(7)

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Overview

What is Laurel Yacht Club?

Laurel Yacht Club, located in Bristol, Tennessee, operates as a social club with a focus on maintaining a clean, attractive, and eco-friendly environment. Members' fees contribute to the club's objectives. In addition, the club actively participates in lake clean-up initiatives, demonstrating its commitment to environmental stewardship. The primary function of Laurel Yacht Club is to cater to its members' social needs while ensuring the well-being of the surrounding lake area.

Is Laurel Yacht Club legitimate?

Laurel Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Laurel 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: $0

For more financial information, click here

What is the mission statement of Laurel Yacht Club?

The Laurel Yacht Club serves as a social club, with a commitment to maintaining a pristine and eco-friendly environment. Their mission includes keeping the property clean, eliminating trash, and participating in lake clean-up initiatives. Beyond environmental stewardship, the club also utilizes membership fees for upholding its social objectives.

Who is the CEO of Laurel Yacht Club?

Andrew Fairhurst is the President of Laurel Yacht Club.

What is the revenue of Laurel Yacht Club?

Laurel Yacht Club's revenue in 2022 was $313,605.

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


Here are 3 key members and their salaries:


Kirk Abner (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlina Williams (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Fairhurst (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Laurel Yacht Club?

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

Mission Statement of Laurel Yacht Club

Laurel Yacht Club, as a social club, is committed to maintaining a pristine and eco-friendly environment. The club strives to keep its property clean, free of trash, and environmentally conscious. Additionally, Laurel Yacht Club is actively involved in lake clean-up initiatives. The club's operations are primarily funded through membership fees and payments, which contribute towards achieving these environmental goals and upholding the social club's purposes.

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Impact




October, 2024

Laurel Yacht Club plays a significant role in enhancing the community and the environment in Bristol, TN. By maintaining its property as a beautiful and trash-free space, the club creates an inviting atmosphere for social gatherings and recreational activities. The commitment to being environmentally friendly sets a positive example for responsible stewardship of local resources.

In addition to fostering a sense of community among members, Laurel Yacht Club actively participates in lake clean-up efforts. This involvement not only helps to protect local waterways but also encourages broader community engagement in environmental conservation. The efforts of club members contribute to the overall health of the ecosystem, ensuring that future generations can enjoy the natural beauty of the area.

Overall, Laurel Yacht Club impacts both social and environmental aspects of Bristol, creating a harmonious blend of recreation, community spirit, and ecological responsibility.




This information is meant to be a general summary of Laurel 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
$313,605 (2022)
Expenses
$306,679 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $313,605
  • Gross Receipts: $313,605

Assets and Liabilities:

  • Total Assets: $32,206
  • Total Liabilities: $0
  • Net Assets: $32,206

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Programs

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

FEES & PAYMENTS

Revenue

$313,605

Organization Details

Founding Year

1952

Principal Officer

Andrew Fairhurst

Main Address

112 FOX HALL CIR, Bristol, TN, 37620

NTEE Category

Code: N50 - Recreation

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