Galveston Boat Club Inc

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

EIN: 740637556 ✦ Galveston, TX ✦ Designated as a 501(c)(7)

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Overview

What is Galveston Boat Club Inc?

Galveston Boat Club Inc is a nonprofit organization situated in Galveston, Texas. With approximately 355 members, their primary aim is to offer various services, including boat stall and shed rentals, access to clubhouse and launch facilities, and engaging in social activities. Their mission is to provide members with a storage and launch base, as well as opportunities for social interaction. The organization, with a team of 10 dedicated individuals, operates from a PO box in the city, offering its members a unique boating community experience.


Official website here: www.galvestonboatclub.com

Is Galveston Boat Club Inc legitimate?

Galveston Boat Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Galveston Boat 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: $37,121

For more financial information, click here


Official website here: www.galvestonboatclub.com

What is the mission statement of Galveston Boat Club Inc?

Galveston Boat Club Inc's mission is centered around providing its members with a range of services. This includes offering boat stall and shed rentals, as well as clubhouse and launch facilities. Additionally, the club organizes social events for its members. The club aims to cater to the needs of approximately 355 members, offering them a comprehensive boating experience.


Official website here: www.galvestonboatclub.com

Who is the CEO of Galveston Boat Club Inc?

Scott Kelso is the Commodore of Galveston Boat Club Inc.


Official website here: www.galvestonboatclub.com

What is the revenue of Galveston Boat Club Inc?

Galveston Boat Club Inc's revenue in 2022 was $291,165.


Official website here: www.galvestonboatclub.com

Who are the executives of Galveston Boat Club Inc and what are their salaries?

The average compensation at Galveston Boat Club Inc during 2022 was $3,712. There are 10 employees at Galveston Boat Club Inc.


Here are 14 key members and their salaries:


Scott Kelso (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Leslie (Fleet Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Polzin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Masel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Bell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Kinard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randall Laine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyler Leslie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Millo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Moriarty Ward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Peterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Porretto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Walcher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Wright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.galvestonboatclub.com

Where can I find the form 990 for Galveston Boat Club Inc?

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


Official website here: www.galvestonboatclub.com

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

Mission Statement of Galveston Boat Club Inc

Galveston Boat Club Inc, as a mission-driven organization, is dedicated to providing a variety of services to its members. Its primary aim is to offer secure boat storage and launch facilities, as well as social events. The club provides boat stall and shed rentals, ensuring members have a convenient place to keep their watercraft. Additionally, Galveston Boat Club Inc offers clubhouse and launch facilities, ensuring members have a comfortable base for their boating activities. Furthermore, the club hosts social events, fostering a sense of community among its members. With approximately 355 members, Galveston Boat Club Inc is committed to delivering these services, enhancing the boating experience for its members.

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Impact




October, 2024

Galveston Boat Club Inc plays a vital role in fostering a vibrant boating community in Galveston, Texas. By providing essential storage and launch facilities, the club ensures that its approximately 355 members have convenient access to their vessels, enhancing their boating experience. The clubhouse serves as a social hub where members can gather, share experiences, and participate in various recreational activities.

The club's impact extends beyond individual members; it contributes to the local economy by attracting boating enthusiasts, promoting tourism, and supporting local businesses in the area. By organizing social events, the Galveston Boat Club cultivates a sense of camaraderie and community among boaters, enriching the social fabric of the region. Overall, the club not only facilitates boating activities but also strengthens community ties and enhances the overall quality of life in Galveston.




This information is meant to be a general summary of Galveston Boat 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
$291,165 (2022)
Expenses
$193,679 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $586
  • Program Service Revenue: $292,663
  • Gross Receipts: $295,427

Assets and Liabilities:

  • Total Assets: $2,269,734
  • Total Liabilities: $127
  • Net Assets: $2,269,607

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Programs

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

MEMBERSHIP DUES AND AS

Revenue

$199,032

MOTOR STALL RENTALS

Revenue

$51,640

JR. SAILING INCOME

Revenue

$17,400

OUTDOOR STORAGE RENTAL

Revenue

$14,550

SUNFISH RACK RENTALS

Revenue

$6,790

Organization Details

Founding Year

1942

Principal Officer

Scott Kelso

Main Address

P O BOX 3548, GALVESTON, TX, 77552

NTEE Category

Code: N50 - Recreation

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