Overview
What is Long Beach Yacht Club Inc?
Long Beach Yacht Club Inc, located in Long Beach, Mississippi, is a nonprofit organization dedicated to fostering sailing, boating, and water-related activities. Their mission encompasses establishing and managing club operations, promoting these activities, participating in yachting associations for both competitive and social events, and maintaining necessary facilities such as buildings, swimming pools, marinas, or docking areas. They may also acquire real estate to establish club facilities and apply for permits and liquor licenses to operate a members-only bar and lounge. The organization operates with a single employee.
Official website here: www.longbeachyachtclub.com
Is Long Beach Yacht Club Inc legitimate?
Long Beach Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Long Beach 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: $14,645
For more financial information, click here
Official website here: www.longbeachyachtclub.com
What is the mission statement of Long Beach Yacht Club Inc?
The Long Beach Yacht Club Inc's mission is centered around establishing and managing the operations of a yacht club. It aims to foster an interest in sailing, boating, and other water-related activities. The club actively participates in yachting associations for both competitive and social events. It also strives to provide necessary facilities, such as a building or marina, to house its operations. The club may acquire real estate to establish its facilities, apply for liquor licenses, and permits for food services, primarily for the benefit of its members.
Official website here: www.longbeachyachtclub.com
Who is the CEO of Long Beach Yacht Club Inc?
June Wiggins is the Treasurer of Long Beach Yacht Club Inc.
Official website here: www.longbeachyachtclub.com
What is the revenue of Long Beach Yacht Club Inc?
Long Beach Yacht Club Inc's revenue in 2022 was $150,340.
Official website here: www.longbeachyachtclub.com
Who are the executives of Long Beach Yacht Club Inc and what are their salaries?
The average compensation at Long Beach Yacht Club Inc during 2022 was $14,645. There is 1 employee and 14 volunteers at Long Beach Yacht Club Inc.
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Official website here: www.longbeachyachtclub.com
Where can I find the form 990 for Long Beach Yacht Club Inc?
Long Beach Yacht Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.longbeachyachtclub.com
Learn more at the official website: www.longbeachyachtclub.com
Mission Statement of Long Beach Yacht Club Inc
The Long Beach Yacht Club Inc, in its mission, aims to perform the essential functions of a yacht club. It strives to foster sailing, boating, and other related water activities. The organization also seeks participation in yachting associations for both competitive and social purposes. In addition, the club seeks to establish and operate with necessary facilities, such as a building, swimming pool, marina, or other docking facilities, to house its operations. The club may purchase, lease, or rent real property to establish its facilities. Furthermore, it applies for beer and liquor licenses to operate a bar and lounge exclusively for its members and necessary permits for food services.
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Impact
October, 2024
Long Beach Yacht Club Inc plays a significant role in promoting sailing, boating, and water-related activities within the community. By serving as a hub for these maritime pursuits, the club fosters a vibrant culture around recreational water sports. Its activities not only enhance local tourism but also contribute to the community by engaging members through competitions and social events associated with yachting associations.
The facilities provided by the club, including a marina and amenities for members, create a welcoming environment for both seasoned sailors and newcomers. This accessibility encourages community involvement and nurtures a shared passion for the water. Furthermore, by offering food and beverage services, the club becomes a gathering spot where individuals can build friendships and networks centered on a common love for boating.
Overall, Long Beach Yacht Club Inc impacts the local community through the promotion of maritime activities, community engagement, and economic contribution tied to recreational tourism.
This information is meant to be a general summary of Long Beach 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: $9
- Program Service Revenue: $9,826
- Gross Receipts: $191,549
Assets and Liabilities:
- Total Assets: $525,395
- Total Liabilities: $89,419
- Net Assets: $435,976
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SAILING LESSONS AND RAC
Revenue
$9,826
Organization Details
Founding Year
1981
Principal Officer
June Wiggins
Main Address
PO BOX 97, LONG BEACH, MS, 39560
Website
www.longbeachyachtclub.comNTEE Category
Code: N03 - Recreation
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