Overview
What is Port Arthur Yacht Club?
The Port Arthur Yacht Club, situated in Port Arthur, Texas, serves as a nonprofit organization dedicated to fostering the sport of sailing and yachting. Their primary objective is achieved through the sponsorship and promotion of sailing races and yachting events, adhering to a commitment to safety and fair competition. Based at 410 Pleasure Island Blvd, this organization aims to inspire a passion for yachting within its community.
Official website here: www.payc.us
Is Port Arthur Yacht Club legitimate?
Port Arthur Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Port Arthur 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.
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Official website here: www.payc.us
What is the mission statement of Port Arthur Yacht Club?
The Port Arthur Yacht Club's mission is centered around fostering the sport of sailing and yachting. They aim to accomplish this by actively promoting and sponsoring various sailing races and yachting events, all carried out in a secure and competitive manner. The club's primary objective is to stimulate interest in yachting and sailing, ensuring that the sport is enjoyed in a sporting and safe environment.
Official website here: www.payc.us
Who is the CEO of Port Arthur Yacht Club?
Solomon Freimuth is the Secretary of Port Arthur Yacht Club.
Official website here: www.payc.us
What is the revenue of Port Arthur Yacht Club?
Port Arthur Yacht Club's revenue in 2022 was $47,511.
Official website here: www.payc.us
Who are the executives of Port Arthur Yacht Club and what are their salaries?
Here are 14 key members and their salaries:
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Official website here: www.payc.us
Where can I find the form 990 for Port Arthur Yacht Club?
Port Arthur Yacht Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.payc.us
Learn more at the official website: www.payc.us
Mission Statement of Port Arthur Yacht Club
The Port Arthur Yacht Club, as a nonprofit organization, is committed to fostering the sport of sailing and yachting in a safe and competitive manner. Their mission is geared towards promoting and sponsoring sailing races and yachting events, aiming to encourage participation and growth within the community. By doing so, they contribute to the development and enjoyment of the sport, providing an engaging and inclusive environment for all.
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Impact
October, 2024
Port Arthur Yacht Club significantly enhances the local community's recreational landscape by promoting yachting and sailing in a safe and sporting manner. By organizing and sponsoring sailing races and yachting events, the club fosters a sense of camaraderie among sailors and encourages participation in water sports. This engagement not only nurtures athletic skills but also instills a deep appreciation for marine environments among participants and spectators alike.
The club serves as a hub for yachting enthusiasts in Port Arthur, offering a venue for social interaction and competitive events that draw local and regional participants. By cultivating interest in these activities, the Port Arthur Yacht Club helps to stimulate the local economy through tourism and related services. Ultimately, its commitment to the sport of sailing enriches the community, encouraging a culture of active lifestyles and connection to the water.
This information is meant to be a general summary of Port Arthur 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: $15
- Program Service Revenue: $47,396
- Gross Receipts: $47,511
Assets and Liabilities:
- Total Assets: $351,541
- Total Liabilities: $507
- Net Assets: $351,034
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Initiation Fees
Revenue
$16,462
Donations
Revenue
$12,479
Membership Dues
Revenue
$12,205
Junior Sailing Camp
Revenue
$6,250
Organization Details
Phone
(409) 658-6776Principal Officer
Solomon Freimuth
Main Address
410 Pleasure Island Blvd, Port Arthur, TX, 77640
Website
www.payc.usNTEE Category
Code: N50 - Recreation
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