Overview
What is Ocean Springs Yacht Club?
Ocean Springs Yacht Club is a nonprofit organization situated in Ocean Springs, Mississippi. Its primary purpose is to encourage and facilitate the enjoyment of boating among its members. The club operates as a platform for social interaction, intellectual growth, and recreation, providing an environment where members can engage and amuse themselves. With a staff of 57 individuals, Ocean Springs Yacht Club offers its members a supportive and enjoyable boating experience.
Is Ocean Springs Yacht Club legitimate?
Ocean Springs Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Ocean Springs 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: $424,732
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What is the mission statement of Ocean Springs Yacht Club?
The Ocean Springs Yacht Club's mission is geared towards fostering and promoting boating activities. It aims to operate as a yacht club benefiting its members, providing opportunities for social interaction, intellectual growth, and amusement. The club's primary goal is to encourage the enjoyment of boating, offering a platform for its members to engage, learn, and relax.
What is the revenue of Ocean Springs Yacht Club?
Ocean Springs Yacht Club's revenue in 2023 was $1,518,297.
Who are the executives of Ocean Springs Yacht Club and what are their salaries?
The average compensation at Ocean Springs Yacht Club during 2023 was $8,168. There are 52 employees at Ocean Springs Yacht Club.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Ocean Springs Yacht Club?
Ocean Springs Yacht Club's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ocean Springs Yacht Club
The Ocean Springs Yacht Club, as an organization, is dedicated to promoting, fostering, and providing opportunities for the enjoyment of boating. Its primary goal is to operate as a yacht club, catering to its members with benefits in mind. Beyond this, the club aims to encourage social interaction and intellectual improvement, offering amusement for its members. In essence, the Ocean Springs Yacht Club is committed to creating an environment that nurtures boating enthusiasts and fosters a sense of community among its members.
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Impact
October, 2024
Ocean Springs Yacht Club significantly enhances the boating community in Ocean Springs, Mississippi, by providing a welcoming environment for boating enthusiasts. It promotes and fosters opportunities for members to enjoy boating through organized events, social gatherings, and educational activities. The club serves as a hub for individuals to come together, share their passion for boating, and engage in recreational pursuits.
The club not only facilitates the enjoyment of boating but also emphasizes the importance of social interaction and intellectual growth among its members. Through various programs and events, members can expand their knowledge about boating, marine safety, and navigation, which enriches their overall experience. Additionally, the club contributes to the local economy by attracting visitors and fostering partnerships with local businesses related to water sports and recreation.
In essence, the Ocean Springs Yacht Club plays a vital role in building community, enhancing social ties, and promoting a culture centered around boating and recreational activities, making it an integral part of the Ocean Springs landscape.
This information is meant to be a general summary of Ocean Springs 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.
- Investment Income: $18,628
- Program Service Revenue: $2,548
- Gross Receipts: $1,936,262
Assets and Liabilities:
- Total Assets: $1,908,326
- Total Liabilities: $1,107,773
- Net Assets: $800,553
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
POOL FEES AND SET UP
Revenue
$2,548
Organization Details
Founding Year
1969
Principal Officer
Nicole Mcclendon
NTEE Category
Code: N50 - Recreation
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