Shreveport Yacht Club Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 720406559 ✦ Shreveport, LA ✦ Designated as a 501(c)(7)

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Overview

What is Shreveport Yacht Club Inc?

Shreveport Yacht Club Inc, located at 2905 Municipal Pier Road, Shreveport, Louisiana 71119, is a nonprofit organization primarily focused on promoting recreational boating. They foster interest in motor boating, sail boating, fishing, and various social and leisure activities among their members. The club sponsors and administers sailing races to encourage and promote sailing within the local community. They also provide instruction on boat operations and safety, ensuring a safe boating environment for their members. Additionally, Shreveport Yacht Club Inc offers facilities for boat storage and slip rental, catering to the needs of boat owners. With a dedicated team of 31 employees, the club strives to enhance the boating experience and promote a sense of camaraderie among its members.


Official website here: www.shreveportyachtclub.com

Is Shreveport Yacht Club Inc legitimate?

Shreveport Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Shreveport 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: $533,427

For more financial information, click here


Official website here: www.shreveportyachtclub.com

What is the mission statement of Shreveport Yacht Club Inc?

The Shreveport Yacht Club Inc's primary mission is to stimulate interest among its members in various recreational activities, specifically motor boating, sail boating, fishing, and social events. To accomplish this, the club sponsors and administers sailing races to encourage and promote sailing within the local community. Furthermore, they provide instruction on boat operations and safety, and offer facilities for boat storage. In essence, their main goal is to promote recreational boating, offer boat operation and safety training, and provide boat slip rental and storage services.


Official website here: www.shreveportyachtclub.com

Who is the CEO of Shreveport Yacht Club Inc?

Donald Hathaway is the Commodore of Shreveport Yacht Club Inc.


Official website here: www.shreveportyachtclub.com

What is the revenue of Shreveport Yacht Club Inc?

Shreveport Yacht Club Inc's revenue in 2022 was $1,317,576.


Official website here: www.shreveportyachtclub.com

Who are the executives of Shreveport Yacht Club Inc and what are their salaries?

The average compensation at Shreveport Yacht Club Inc during 2022 was $17,207. There are 31 employees at Shreveport Yacht Club Inc.


Here are 8 key members and their salaries:


Donald Hathaway (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Bradford (Vice Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Little (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Coe (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Fulco (Rear Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelly Wagner (Director At)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Prator (Director At)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Aiello (Director At)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.shreveportyachtclub.com

Where can I find the form 990 for Shreveport Yacht Club Inc?

Shreveport Yacht Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.shreveportyachtclub.com

Learn more at the official website: www.shreveportyachtclub.com

Mission Statement of Shreveport Yacht Club Inc

The Shreveport Yacht Club Inc is dedicated to fostering interest among its members in various recreational activities, primarily focusing on motor boating, sail boating, fishing, and social engagements. Its mission extends beyond member enjoyment, as it also aims to sponsor and administer sailing races within the local community. This initiative is designed to encourage and promote sailing, thereby contributing to the broader community's enjoyment of this water-based activity.

In addition to organizing sailing races, the Shreveport Yacht Club Inc provides instruction on boat operations and safety. This educational aspect is crucial in ensuring that its members, and potentially the wider community, engage in boating activities with the necessary knowledge and skills to ensure their safety. Moreover, the club offers facilities for boat storage, providing a convenient service for its members who own boats. This comprehensive approach to promoting recreational boating, providing safety instruction, and offering boat slip rental and storage, makes the Shreveport Yacht Club Inc an invaluable resource for boat enthusiasts in the community.

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Impact




October, 2024

Shreveport Yacht Club Inc significantly enhances the local community's recreational landscape by nurturing interest in motor boating, sail boating, fishing, and various social activities. Through its initiatives, it promotes recreational boating, ensuring that members and the broader public engage in safe and enjoyable water experiences.

The club organizes sailing races, fostering a competitive spirit while also encouraging camaraderie among participants. Additionally, it provides essential instruction on boat operations and safety, equipping individuals with the knowledge they need for responsible boating. The availability of boat slip rental and storage facilities further supports local boaters, enhancing the overall boating experience in Shreveport.

Overall, Shreveport Yacht Club Inc serves as a vital hub for recreational boating and related activities, contributing to community engagement, outdoor enjoyment, and the promotion of boating as a safe and accessible pastime.




This information is meant to be a general summary of Shreveport 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.

Revenue
$1,317,576 (2022)
Expenses
$1,255,020 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $77
  • Program Service Revenue: $324,053
  • Gross Receipts: $1,624,966

Assets and Liabilities:

  • Total Assets: $3,229,469
  • Total Liabilities: $1,948,943
  • Net Assets: $1,280,526

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

BOAT SLIP RENTAL INCOME

Revenue

$185,685

TRAILER SLIP RENTAL INCOME

Revenue

$65,498

INITIATION INCOME

Revenue

$43,350

SAILING INCOME

Revenue

$15,100

REGATTA INCOME

Revenue

$13,780

Organization Details

Founding Year

1937

Principal Officer

Donald Hathaway

Main Address

2905 MUNICIPAL PIER ROAD, SHREVEPORT, LA, 71119

NTEE Category

Code: N50 - Recreation

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