Green Lake Yacht Club

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

EIN: 820821792 ✦ Green lake, WI ✦ Designated as a 501(c)(7)

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Overview

What is Green Lake Yacht Club?

Green Lake Yacht Club is a nonprofit organization situated in Green Lake, Wisconsin, dedicated to fostering a lifelong love for sailing and competitive racing. Led by Richard Gerstein, the club honors its rich yacht club heritage while offering an engaging fleet sailing program. This program encourages active participation and leadership among its members. The club's mission extends to its youth sailing program, which plays a significant role in igniting a passion for sailing in the younger generation.


Official website here: www.greenlakeyachtclub.org

Is Green Lake Yacht Club legitimate?

Green Lake Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Green Lake Yacht Club 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.greenlakeyachtclub.org

What is the mission statement of Green Lake Yacht Club?

The Green Lake Yacht Club's mission is centered around fostering a lasting love for sailing and competitive racing among its members, particularly the younger generation. Through its youth sailing program, the club aims to uphold and safeguard the traditional values of yacht club culture. The club provides an engaging and competitive fleet sailing program, offering leadership opportunities for its members. In essence, Green Lake Yacht Club seeks to ignite a passion for sailing that endures throughout an individual's life.


Official website here: www.greenlakeyachtclub.org

Who is the CEO of Green Lake Yacht Club?

Richard Gerstein is the Treasurer of Green Lake Yacht Club.


Official website here: www.greenlakeyachtclub.org

What is the revenue of Green Lake Yacht Club?

Green Lake Yacht Club's revenue in 2022 was $28,296.


Official website here: www.greenlakeyachtclub.org

Who are the executives of Green Lake Yacht Club and what are their salaries?


Here are 7 key members and their salaries:


Nick Vandervelde (Vice Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Maes (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Francis Pollock (Rear Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Gerstein (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Hawkes (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mason (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Quernemoen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.greenlakeyachtclub.org

Where can I find the form 990EZ for Green Lake Yacht Club?

Green Lake Yacht Club's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.greenlakeyachtclub.org

Learn more at the official website: www.greenlakeyachtclub.org

Mission Statement of Green Lake Yacht Club

Green Lake Yacht Club, a distinguished organization, fosters an enduring passion for sailing and competitive racing among its members, particularly the younger generation, through its renowned youth sailing program. The club's mission is twofold: firstly, it celebrates and safeguards the traditional values associated with yacht clubs; and secondly, it encourages leadership opportunities for its members. Richard Gerstein, who oversees the club's operations, leads this active and competitive fleet sailing program located in Green Lake, WI.

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Impact




October, 2024

Green Lake Yacht Club has a significant impact on the community by fostering a passion for sailing and competitive racing among youth. Through its vibrant youth sailing program, the club not only teaches essential sailing skills but also instills values of teamwork, leadership, and perseverance. By honoring and preserving the rich tradition of yacht clubs, it connects young sailors with a time-honored recreational activity that can turn into a lifelong pursuit.

Under the leadership of Richard Gerstein, the club provides an active and competitive fleet sailing program that encourages members to engage in both local and regional competitions. This involvement not only enhances sailing expertise but also builds a strong sense of camaraderie and community among participants.

Situated in Green Lake, Wisconsin, the yacht club serves as a hub for youth development through sailing, creating opportunities for personal growth and accomplishment in a supportive environment. The legacy of the club contributes to the broader cultural tapestry of the area, promoting outdoor activity and fostering a love for the water that resonates with families and individuals alike.




This information is meant to be a general summary of Green Lake 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.

Revenue
$28,296 (2022)
Expenses
$24,314 (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: $10,410
  • Gross Receipts: $28,519

Assets and Liabilities:

  • Total Assets: $63,980
  • Total Liabilities: $0
  • Net Assets: $63,980

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Organization Details

Principal Officer

Richard Gerstein

Main Address

PO BOX 684, GREEN LAKE, WI, 54941

NTEE Category

Code: Z99 - Unknown

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