Overview
What is Concord Yacht Club Inc?
Concord Yacht Club Inc, based in Knoxville, Tennessee, is a nonprofit organization with a focus on promoting sailing, sailboat safety, and sailboat racing. They conduct various events and classes to foster an interest in these activities, ensuring the safety and skill development of participants. Located at PO Box 22781, the club plays a crucial role in the sailing community, providing opportunities for individuals to engage with this water-based pastime.
Is Concord Yacht Club Inc legitimate?
Concord Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Concord 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:
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What is the mission statement of Concord Yacht Club Inc?
The Concord Yacht Club Inc is committed to fostering an interest in sailing, ensuring sailboat safety, and promoting sailboat racing. As part of its mission, the organization conducts various sailboat regattas and racing events. Additionally, it offers sailboat safety and training classes to its members and the wider community, aiming to enhance their sailing skills and knowledge. By doing so, the Concord Yacht Club Inc contributes to the growth and enjoyment of sailing as a sport.
What is the revenue of Concord Yacht Club Inc?
Concord Yacht Club Inc's revenue in 2024 was $283,662.
Who are the executives of Concord Yacht Club Inc and what are their salaries?
There 141 volunteers at Concord Yacht Club Inc.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Concord Yacht Club Inc?
Concord Yacht Club Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Concord Yacht Club Inc
Concord Yacht Club Inc is committed to promoting sailing, sailboat safety, and sailboat racing as its primary mission. This nonprofit organization takes an active role in organizing regattas and sailboat racing events, providing a platform for enthusiasts to showcase their skills and compete against one another. Additionally, Concord Yacht Club Inc offers sailboat safety and training classes, ensuring that participants are well-equipped with the necessary knowledge and skills to navigate the waters safely. By promoting sailing and sailboat racing, while also prioritizing safety, Concord Yacht Club Inc is dedicated to fostering a community of sailors who can enjoy the sport while staying safe at sea.
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Impact
October, 2024
Concord Yacht Club Inc significantly contributes to the local community by fostering a culture of sailing and boating safety in Knoxville, TN. Through their organized sailboat regattas and racing events, they create opportunities for both seasoned sailors and newcomers to engage in this rewarding recreational activity.
The club is instrumental in promoting sailboat safety, offering training classes that equip participants with essential skills and knowledge to navigate the waters responsibly. This emphasis on safety not only enhances the sailing experience but also contributes to the overall well-being of the boating community.
Additionally, the club's activities enhance community bonds by bringing together individuals and families who share a passion for sailing, thus enriching the local recreational landscape. Overall, Concord Yacht Club Inc plays a vital role in cultivating interest in sailing, ensuring safety, and supporting competitive racing within the region.
This information is meant to be a general summary of Concord 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $16,840
- Program Service Revenue: $179,972
- Gross Receipts: $283,662
Assets and Liabilities:
- Total Assets: $736,058
- Total Liabilities: $272,794
- Net Assets: $463,264
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SLIP FEES
Revenue
$91,950
DUES & ASSESSMENTS
Revenue
$48,541
EQUIP USE FEES
Revenue
$27,272
CLUB MEETINGS & SOCIALS
Revenue
$6,905
CLUB HOUSE RENTAL
Revenue
$5,304
Organization Details
Founding Year
1950
Principal Officer
Rob Herchenrider
NTEE Category
Code: N03 - Recreation
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