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Chicago Yacht Club Regatta Association Inc

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

EIN: 814439737 ✦ Chicago, IL ✦ Designated as a 501(c)(4)

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Overview

What is Chicago Yacht Club Regatta Association Inc?

Chicago Yacht Club Regatta Association Inc, based in Chicago, Illinois, is a nonprofit organization dedicated to enhancing the community's social welfare and promoting amateur sailing competitions. They achieve this mission by organizing regional, national, and international regattas and races, offering training opportunities, hosting conferences and meetings, and providing grants and services to support these activities. Their headquarters can be found at 400 E Monroe Street, Chicago, IL 60603. Their primary goal is to foster a passionate sailing community and encourage competitive spirit among amateur sailors.

Is Chicago Yacht Club Regatta Association Inc legitimate?

Chicago Yacht Club Regatta Association Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Chicago Yacht Club Regatta Association 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: $0

For more financial information, click here

What is the mission statement of Chicago Yacht Club Regatta Association Inc?

The Chicago Yacht Club Regatta Association Inc is dedicated to fostering community welfare and encouraging amateur sailing competitions. They achieve this mission by organizing regional, national, and international regattas and races, providing training opportunities, hosting conferences and meetings, and offering grants and services to further these objectives. The association's activities aim to promote and enhance the skill level of amateur sailors.

Who is the CEO of Chicago Yacht Club Regatta Association Inc?

Greg Miarecki is the Principal Officer of Chicago Yacht Club Regatta Association Inc.

What is the revenue of Chicago Yacht Club Regatta Association Inc?

Chicago Yacht Club Regatta Association Inc's revenue in 2022 was $279,362.

Who are the executives of Chicago Yacht Club Regatta Association Inc and what are their salaries?


Here are 4 key members and their salaries:


Ted Jones (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Dorfman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Falck (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Groble (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Chicago Yacht Club Regatta Association Inc?

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

Mission Statement of Chicago Yacht Club Regatta Association Inc

Chicago Yacht Club Regatta Association Inc, a nonprofit organization, is dedicated to enhancing the social welfare of the community and fostering a passion for amateur sailing competitions. To achieve this, the association conducts regional, national, and international regattas and races, serving as a platform for sailors to showcase their skills. Additionally, the organization provides training opportunities to help aspiring sailors hone their abilities. Furthermore, Chicago Yacht Club Regatta Association Inc hosts conferences and meetings to engage with the sailing community, sharing knowledge and insights. Lastly, the association offers grants and services to support these activities, contributing to the promotion of amateur sailing competitions.

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Impact




October, 2024

The Chicago Yacht Club Regatta Association Inc significantly contributes to the social welfare of the community by promoting amateur sailing competitions and fostering a love for the sport. Through the organization of regional, national, and international regattas and races, it encourages participation in sailing, creating a vibrant community of enthusiasts.

The association provides essential training opportunities, making sailing accessible to individuals of all skill levels. This commitment to education helps cultivate new talent while promoting the sport's values of teamwork, discipline, and perseverance. Additionally, the grants offered by the association support various initiatives that further enhance amateur sailing, ensuring that a broader audience can engage with and benefit from sailing competitions.

By conducting conferences and meetings, it fosters collaboration among sailing enthusiasts, industry professionals, and the community, creating a supportive network. Overall, the Chicago Yacht Club Regatta Association Inc plays a crucial role in both enriching the local community and elevating the sport of sailing.




This information is meant to be a general summary of Chicago Yacht Club Regatta Association 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
$279,362 (2022)
Expenses
$271,435 (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: $350,413
  • Gross Receipts: $745,275

Assets and Liabilities:

  • Total Assets: $312,953
  • Total Liabilities: $305,950
  • Net Assets: $7,003

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Programs

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

SPONSORSHIP RECEIVED

Revenue

$350,413

Organization Details

Founding Year

2016

Principal Officer

Greg Miarecki

Main Address

400 E MONROE STREET, CHICAGO, IL, 60603

NTEE Category

Code: S20 - Community improvement

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