Lake Worth Sailing Club Inc

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

EIN: 756036258 ✦ Fort worth, TX ✦ Designated as a 501(c)(7)

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Overview

What is Lake Worth Sailing Club Inc?

Lake Worth Sailing Club Inc, established in Fort Worth, Texas, is a nonprofit organization devoted to community service and charity work. They achieve this goal primarily through various programs, such as membership dues and community events. The club's focus lies on these initiatives rather than managing facilities or operations. By participating in these programs, the Lake Worth Sailing Club Inc contributes positively to its surrounding community.


Official website here: www.lakeworthsailingclub.com

Is Lake Worth Sailing Club Inc legitimate?

Lake Worth Sailing Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lake Worth Sailing Club Inc submitted a form 990EZ, 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.


Official website here: www.lakeworthsailingclub.com

What is the mission statement of Lake Worth Sailing Club Inc?

Lake Worth Sailing Club Inc's mission revolves around community service and charity work, primarily through its various programs. These initiatives are funded by membership dues and community events. The club prioritizes these activities over facility maintenance and operations. The focus of Lake Worth Sailing Club Inc is on making a positive impact within the community, rather than solely on the club's operations.


Official website here: www.lakeworthsailingclub.com

Who is the CEO of Lake Worth Sailing Club Inc?

Cheryl Springer is the Treasurer of Lake Worth Sailing Club Inc.


Official website here: www.lakeworthsailingclub.com

What is the revenue of Lake Worth Sailing Club Inc?

Lake Worth Sailing Club Inc's revenue in 2022 was $74,103.


Official website here: www.lakeworthsailingclub.com

Who are the executives of Lake Worth Sailing Club Inc and what are their salaries?


Here are 7 key members and their salaries:


Julia Brandt (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Brandt (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Springer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Katz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Tyler (Race Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gray Noyes (Vice Race Commi)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Culver (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lakeworthsailingclub.com

Where can I find the form 990EZ for Lake Worth Sailing Club Inc?

Lake Worth Sailing Club Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.lakeworthsailingclub.com

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

Mission Statement of Lake Worth Sailing Club Inc

Lake Worth Sailing Club Inc, a nonprofit organization, is dedicated to fostering a sense of community and charitable work through its various programs. Rather than focusing on maintaining facilities and operations, the club places significant emphasis on its initiatives, which are primarily funded through membership dues and community events. The organization's mission is centered around these endeavors, making it a distinct entity in the realm of sports clubs.

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Impact




October, 2024

Lake Worth Sailing Club Inc plays a vital role in fostering community engagement and promoting recreational sailing in Fort Worth, TX. Through its various programs, the club encourages local participation in water sports while emphasizing the importance of community charity work.

Membership dues allow the club to organize events that bring together sailing enthusiasts and the broader community, enhancing social connections and promoting a healthy, active lifestyle. By focusing on community events, the club not only cultivates a love for sailing but also contributes to local charitable efforts, ensuring that its activities have a positive and lasting impact on the Fort Worth community.

Ultimately, Lake Worth Sailing Club Inc enriches the cultural and recreational landscape of the area, making it a cornerstone for both sports and community service.




This information is meant to be a general summary of Lake Worth Sailing 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
$74,103 (2022)
Expenses
$78,628 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $33,405
  • Gross Receipts: $74,103

Assets and Liabilities:

  • Total Assets: $141,655
  • Total Liabilities: $154
  • Net Assets: $141,501

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Organization Details

Principal Officer

Cheryl Springer

Main Address

PO Box 137512, Fort Worth, TX, 76136

NTEE Category

Code: N67 - Recreation

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