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International Star Class Yacht Racing Association Legacy Foundation

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

EIN: 814718335 ✦ Edmonds, WA ✦ Designated as a 501(c)(3)

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Overview

What is International Star Class Yacht Racing Association Legacy Foundation?

The International Star Class Yacht Racing Association Legacy Foundation is a nonprofit organization with a particular focus on Star Class sailboat racing. They aim to stimulate interest in this specific type of sailboat racing by providing financial assistance to individuals or organizations who show a strong commitment to engaging in Star Class sailboat racing. The foundation intends to establish a distinct emphasis on membership development by dedicating long-term strategies to promoting and fostering the growth of Star Class sailboat racing on a global scale.

Is International Star Class Yacht Racing Association Legacy Foundation legitimate?

International Star Class Yacht Racing Association Legacy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Star Class Yacht Racing Association Legacy Foundation 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.

What is the mission statement of International Star Class Yacht Racing Association Legacy Foundation?

The International Star Class Yacht Racing Association Legacy Foundation aims to offer financial assistance to individuals or organizations with a strong passion for Star Class sailboat racing. Their goal is to foster an interest in this specific type of yacht racing. The organization emphasizes the importance of membership development by investing in long-term strategies for the promotion and growth of Star Class sailboat racing on a global scale.

Who is the CEO of International Star Class Yacht Racing Association Legacy Foundation?

Michael Hecky is the Executive Director of International Star Class Yacht Racing Association Legacy Foundation.

What is the revenue of International Star Class Yacht Racing Association Legacy Foundation?

International Star Class Yacht Racing Association Legacy Foundation's revenue in 2022 was $57,431.

Who are the executives of International Star Class Yacht Racing Association Legacy Foundation and what are their salaries?


Here are 5 key members and their salaries:


Lawrence B Whipple (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alberto Zanetti (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frithjof Kleen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Parfet (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Hecky (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for International Star Class Yacht Racing Association Legacy Foundation?

International Star Class Yacht Racing Association Legacy Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of International Star Class Yacht Racing Association Legacy Foundation

The International Star Class Yacht Racing Association Legacy Foundation aims to support individuals or organizations with a strong passion for Star Class sailboat Racing. Its mission is to foster interest in this specific sailing discipline by providing funds and investing in its development on a global scale. The organization seeks to establish a distinct focus on membership growth by employing long-term strategies for promotion and development of Star Class sailboat Racing worldwide.

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Impact




October, 2024

The International Star Class Yacht Racing Association Legacy Foundation significantly impacts the world of sailing by fostering a deeper interest in Star Class sailboat racing. By providing financial support to individuals and organizations eager to participate in this sport, the foundation encourages growth and participation in sailing as a competitive recreational activity. Its commitment to long-term strategic planning aimed at promoting Star Class sailing globally helps to cultivate a vibrant community and ensures the sustainability of the sport. This strategic focus not only enhances membership development but also inspires a new generation of sailors, thereby enriching the sailing culture and maintaining the legacy of Star Class racing for years to come.




This information is meant to be a general summary of International Star Class Yacht Racing Association Legacy Foundation. 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
$57,431 (2022)
Expenses
$88,452 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,090
  • Gross Receipts: $59,704

Assets and Liabilities:

  • Total Assets: $285,075
  • Total Liabilities: $0
  • Net Assets: $285,075

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Organization Details

Principal Officer

Michael Hecky

Main Address

PO BOX 1145, EDMONDS, WA, 98020

NTEE Category

Code: N11 - Recreation

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