Overview
What is Lake Guntersville Yacht Club?
The Lake Guntersville Yacht Club, located at 498 Yacht Club Road, Guntersville, AL 35976, is a community-focused nonprofit organization. Its primary objective is to cultivate social camaraderie among its members, while providing them with enjoyment, contentment, well-being, and leisure opportunities. With a small team of three dedicated individuals, the Lake Guntersville Yacht Club serves to enrich the lives of its members through various recreational activities.
Is Lake Guntersville Yacht Club legitimate?
Lake Guntersville Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lake Guntersville 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: $97,016
For more financial information, click here
What is the mission statement of Lake Guntersville Yacht Club?
The Lake Guntersville Yacht Club is established with the purpose of fostering social camaraderie among its members. Its primary aim is to provide pleasure, happiness, health, and recreation for its members. The club aims to achieve this by organizing various activities that cater to the leisure and well-being of its members.
What is the revenue of Lake Guntersville Yacht Club?
Lake Guntersville Yacht Club's revenue in 2023 was $539,988.
Who are the executives of Lake Guntersville Yacht Club and what are their salaries?
The average compensation at Lake Guntersville Yacht Club during 2023 was $32,339. There are 3 employees at Lake Guntersville Yacht Club.
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Where can I find the form 990 for Lake Guntersville Yacht Club?
Lake Guntersville Yacht Club's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Lake Guntersville Yacht Club
Lake Guntersville Yacht Club, established with the purpose of fostering camaraderie and social engagement among its members, aims to provide joy, contentment, wellness, and leisure opportunities. This esteemed organization is dedicated to enhancing the lives of its members by offering pleasurable experiences, happiness, and health through various recreational activities.
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Impact
October, 2024
Lake Guntersville Yacht Club fosters a vibrant community by promoting social fellowship among its members, creating a platform for meaningful connections and lasting friendships. It serves as a recreational hub, offering activities that enhance pleasure, health, and overall well-being. The club not only provides access to various water-based sports and events but also hosts social gatherings that enrich the lives of its members. This commitment to recreation and community engagement positively impacts the local area, drawing visitors and contributing to the regional economy while fostering a strong sense of belonging among its members.
This information is meant to be a general summary of Lake Guntersville 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $539,988
- Gross Receipts: $539,988
Assets and Liabilities:
- Total Assets: $935,187
- Total Liabilities: $438,216
- Net Assets: $496,971
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOAT SLIPS RENTAL
Revenue
$332,271
DUES AND ASSESSMENTS
Revenue
$207,717
Organization Details
Founding Year
1942
Principal Officer
Pete Van Staagen
NTEE Category
Code: N50 - Recreation
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