Overview
What is Bay-Waveland Yacht Club Inc?
Bay-Waveland Yacht Club Inc is a social and recreational nonprofit club based with 485 members. Located unspecified, its primary mission revolves around organizing sailing events and competitions for its members. The club also offers exclusive docking facilities for its members and collaborates with government agencies. The club's activities are geared towards fostering a sense of community among its members while providing them with unique sailing experiences.
Is Bay-Waveland Yacht Club Inc legitimate?
Bay-Waveland Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Bay-Waveland 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $459,795
For more financial information, click here
What is the mission statement of Bay-Waveland Yacht Club Inc?
The Bay-Waveland Yacht Club Inc, serving its 485 members, focuses on social and recreational activities primarily through sailing events and competitions. One of its key services is providing exclusive docks for its members and government agencies. The club's mission can be interpreted as fostering a community of sailors, hosting events, and offering docking facilities for its members.
Who is the CEO of Bay-Waveland Yacht Club Inc?
Tommy Heausler is the Commodore of Bay-Waveland Yacht Club Inc.
What is the revenue of Bay-Waveland Yacht Club Inc?
Bay-Waveland Yacht Club Inc's revenue in 2022 was $1,351,907.
Who are the executives of Bay-Waveland Yacht Club Inc and what are their salaries?
The average compensation at Bay-Waveland Yacht Club Inc during 2022 was $11,495. There are 40 employees and 50 volunteers at Bay-Waveland Yacht Club Inc.
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Where can I find the form 990 for Bay-Waveland Yacht Club Inc?
Bay-Waveland Yacht Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bay-Waveland Yacht Club Inc
Bay-Waveland Yacht Club Inc, as a social and recreational club, is dedicated to providing its 485 members with sailing events and competitions as a program service. Beyond this, the club offers exclusive docking facilities for its members and collaborates with government agencies. The mission of Bay-Waveland Yacht Club Inc is centered around fostering a community of sailors and offering them a platform to participate in competitive events. Moreover, the club extends its facilities to government agencies, further solidifying its role as a community-focused organization.
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Impact
October, 2024
Bay-Waveland Yacht Club Inc significantly contributes to the local community by providing a vibrant hub for sailing enthusiasts and recreational activities in Bay St. Louis, MS. With a membership base of 485 individuals, the club fosters a sense of camaraderie and community among sailors and social members alike.
Through its numerous sailing events and competitions, the club promotes not only the sport of sailing but also encourages physical activity and outdoor engagement. Members can take part in various regattas and sailing competitions, enhancing their skills while enjoying the scenic beauty of the coastal landscape.
Additionally, the club's exclusive docks serve as crucial facilities for its members and government agencies, facilitating safe and convenient access to the water. This infrastructure supports local maritime activities and contributes to the area's economic vitality by attracting visitors and potential new members.
Overall, Bay-Waveland Yacht Club Inc enriches the social fabric of the community, promotes recreational opportunities, and supports a culture of sailing that underscores the importance of maritime traditions in the region.
This information is meant to be a general summary of Bay-Waveland 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 2022.
- Investment Income: $123
- Program Service Revenue: $204,755
- Gross Receipts: $1,545,887
Assets and Liabilities:
- Total Assets: $2,722,850
- Total Liabilities: $643,800
- Net Assets: $2,079,050
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$106,660
SAILING
Revenue
$45,885
MARINA
Revenue
$18,328
Organization Details
Founding Year
1965
Phone
(228) 467-4592Principal Officer
Tommy Heausler
Main Address
PO BOX 3715, BAY ST LOUIS, MS, 39521
NTEE Category
Code: N50 - Recreation
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