Overview
What is Lake Canyon Yacht Club?
Lake Canyon Yacht Club is a nonprofit organization that primarily focuses on activities related to sailing. Although the provided information is limited, it suggests that the club might offer various sailing-related activities for its members. However, due to the lack of detailed data, specifics such as its location, mission, or the extent of its sailing programs cannot be accurately summarized. To gain a comprehensive understanding, further investigation or additional information is required.
Official website here: www.lcyc.net
Is Lake Canyon Yacht Club legitimate?
Lake Canyon Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lake Canyon 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: $215,716
For more financial information, click here
Official website here: www.lcyc.net
What is the mission statement of Lake Canyon Yacht Club?
The Lake Canyon Yacht Club is primarily focused on activities related to sailing. Their mission, although not explicitly stated, can be inferred from the activities described. It could be paraphrased as follows: The club is dedicated to promoting and fostering a sailing environment, providing opportunities for individuals to engage in sailing-related activities, and potentially contributing to the development and growth of sailing as a sport or recreation. However, due to the limited information provided, a precise and detailed mission statement cannot be accurately derived.
Official website here: www.lcyc.net
Who is the CEO of Lake Canyon Yacht Club?
Vivian Miller is the Treasurer of Lake Canyon Yacht Club.
Official website here: www.lcyc.net
What is the revenue of Lake Canyon Yacht Club?
Lake Canyon Yacht Club's revenue in 2022 was $849,994.
Official website here: www.lcyc.net
Who are the executives of Lake Canyon Yacht Club and what are their salaries?
The average compensation at Lake Canyon Yacht Club during 2022 was $30,817. There are 7 employees and 100 volunteers at Lake Canyon Yacht Club.
Here are 13 key members and their salaries:
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- Compensation: $76,184
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- Compensation: $71,710
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Official website here: www.lcyc.net
Where can I find the form 990 for Lake Canyon Yacht Club?
Lake Canyon Yacht Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lcyc.net
Learn more at the official website: www.lcyc.net
Mission Statement of Lake Canyon Yacht Club
Lake Canyon Yacht Club is dedicated to engaging in various activities related to sailing. Their primary focus is not explicitly stated in the provided information, but it can be inferred that they promote and facilitate sailing-related activities for their members. The mission of this organization, however, is not available in the data provided.
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Impact
October, 2024
Lake Canyon Yacht Club plays a significant role in promoting sailing and water activities in Canyon Lake, Texas. By fostering a community centered around sailing, the club encourages recreational engagement, skill development, and social interaction among its members. The activities it organizes not only enhance individual sailing skills but also promote teamwork and camaraderie through shared experiences on the water. This vibrant community contributes to the local culture, attracting new enthusiasts and supporting the regional economy through events and recreational tourism. Overall, Lake Canyon Yacht Club serves as a vital hub for those passionate about sailing, enriching the lives of members and the broader community alike.
This information is meant to be a general summary of Lake Canyon 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 2022.
- Investment Income: $2,622
- Program Service Revenue: $847,298
- Gross Receipts: $849,994
Assets and Liabilities:
- Total Assets: $3,005,425
- Total Liabilities: $82,354
- Net Assets: $2,923,071
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Slip Leases
Revenue
$367,140
Dues & Fees
Revenue
$182,084
Maintenance Fees
Revenue
$150,063
Dry Storage
Revenue
$92,185
Regatta Fees - Member
Revenue
$5,691
Organization Details
Founding Year
1967
Phone
(281) 685-7570Principal Officer
Vivian Miller
Main Address
PO BOX 2567, Canyon Lake, TX, 78133
Website
www.lcyc.netNTEE Category
Code: N50 - Recreation
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