Overview
What is American Legion Yacht Club Inc?
American Legion Yacht Club Inc, situated in Newport Beach, California, is a nonprofit organization dedicated to the promotion of yachting. They achieve this by providing yacht slip rentals, covering whaler boat expenses, and offering liability insurance. Membership dues and printing/mail expenses are also part of their services. The club's mission is to foster an engaging yachting community, ensuring safety and enjoyment for its members.
Official website here: www.alyc.com
Is American Legion Yacht Club Inc legitimate?
American Legion Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. American Legion 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: $2,042
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Official website here: www.alyc.com
What is the mission statement of American Legion Yacht Club Inc?
The American Legion Yacht Club Inc's primary objective is to foster an interest in yachting. They achieve this by providing yacht slip rentals, covering whaler boat expenses, and offering liability insurance. Membership dues, as well as expenses related to printing and mailing, are also part of their services. The club promotes yachting, catering to the needs of its members in an unspecified location.
Official website here: www.alyc.com
Who is the CEO of American Legion Yacht Club Inc?
J Donahue is the Commodore of American Legion Yacht Club Inc.
Official website here: www.alyc.com
What is the revenue of American Legion Yacht Club Inc?
American Legion Yacht Club Inc's revenue in 2022 was $252,543.
Official website here: www.alyc.com
Who are the executives of American Legion Yacht Club Inc and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.alyc.com
Where can I find the form 990 for American Legion Yacht Club Inc?
American Legion Yacht Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.alyc.com
Learn more at the official website: www.alyc.com
Mission Statement of American Legion Yacht Club Inc
The American Legion Yacht Club Inc, in its mission, actively promotes yachting. This is achieved through various means, primarily by offering yacht slip rental services. Additionally, the club covers whaler boat expenses and provides liability insurance for its members. The cost of membership dues and printing/mail expenses are also included in these services. The club's mission is to foster a love for yachting and make it an accessible and secure activity for its members.
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Impact
October, 2024
American Legion Yacht Club Inc plays a vital role in promoting yachting within the community of Newport Beach, CA. By providing yacht slip rentals, they facilitate access to boating for members and enthusiasts, fostering a vibrant maritime culture. Additionally, the club addresses important aspects of safety and liability through whaler boat expenses and insurance, ensuring that members can enjoy yachting with peace of mind.
Through membership dues, the club supports various activities that enhance the yachting experience and facilitate community involvement in marine recreation. Their efforts contribute to a collective appreciation for the aquatic environment, encouraging individuals to engage with and enjoy the beauty of California’s waterways. Overall, American Legion Yacht Club Inc not only promotes recreational boating but also strengthens community bonds and environmental stewardship among its members.
This information is meant to be a general summary of American Legion 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: $59
- Program Service Revenue: $252,484
- Gross Receipts: $252,543
Assets and Liabilities:
- Total Assets: $379,460
- Total Liabilities: $2,293
- Net Assets: $377,167
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP INCOME
Revenue
$204,070
RACING, YACHTING EVENT
Revenue
$30,665
ALL OTHER CLUB INCOME
Revenue
$17,749
Organization Details
Founding Year
1967
Phone
(949) 589-2498Principal Officer
J Donahue
Main Address
215 15TH STREET, NEWPORT BEACH, CA, 926634556
Website
www.alyc.comNTEE Category
Code: N67 - Recreation
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