Overview
What is Collegiate Offshore Sailing Circuit Inc?
Collegiate Offshore Sailing Circuit Inc., referred to as COSC, is a nonprofit organization situated in Marblehead, Massachusetts. Their primary mission is to promote education and skill development in sailing, with a focus on offshore cruising and racing. Based at 58C Bracket Place, COSC aims to equip sailors with the necessary skills for both recreational and competitive offshore sailing. The organization's activities and mission are aligned, with a commitment to educating and empowering sailors in this niche area.
Is Collegiate Offshore Sailing Circuit Inc legitimate?
Collegiate Offshore Sailing Circuit Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Collegiate Offshore Sailing Circuit 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:
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What is the mission statement of Collegiate Offshore Sailing Circuit Inc?
The Collegiate Offshore Sailing Circuit Inc is committed to educating sailors, fostering their abilities in both cruising and racing offshore. Their primary objective is to equip sailors with the necessary skills for these endeavors. Through their activities, they focus on the development and enhancement of sailing competencies, encompassing both cruising and racing scenarios. This organization is dedicated to shaping sailors into competent offshore navigators.
What is the revenue of Collegiate Offshore Sailing Circuit Inc?
Collegiate Offshore Sailing Circuit Inc's revenue in 2023 was $156,924.
Who are the executives of Collegiate Offshore Sailing Circuit Inc and what are their salaries?
There 4 volunteers at Collegiate Offshore Sailing Circuit Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Collegiate Offshore Sailing Circuit Inc?
Collegiate Offshore Sailing Circuit Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Collegiate Offshore Sailing Circuit Inc
Collegiate Offshore Sailing Circuit Inc is dedicated to educating sailors in the essential skills required for both offshore cruising and racing. Their mission is to equip sailors with the necessary knowledge and abilities needed to navigate the challenging offshore waters safely and competitively. Through their educational programs, they aim to foster a community of skilled sailors who can confidently manage their vessels in various offshore conditions. By focusing on both cruising and racing, Collegiate Offshore Sailing Circuit Inc ensures that sailors are well-rounded and prepared for a variety of sailing experiences.
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Impact
October, 2024
Collegiate Offshore Sailing Circuit Inc significantly enhances the skills and knowledge of sailors, focusing on both cruising and racing offshore. By providing comprehensive education and skill development, it fosters a new generation of sailors equipped for the challenges of open water navigation and competition.
The organization operates in Marblehead, MA, a city with a rich maritime history, further integrating local traditions with modern sailing practices. Its mission to educate sailors supports the growth of safe and experienced mariners, contributing to community engagement in recreational activities related to sailing.
Through its programs, Collegiate Offshore Sailing Circuit Inc not only improves individual sailing abilities but also promotes teamwork, strategic thinking, and resilience—valuable skills that extend beyond the water. The organization plays a crucial role in creating a vibrant sailing community, encouraging participation in offshore racing, and fostering a deep appreciation for the sport among young sailors.
This information is meant to be a general summary of Collegiate Offshore Sailing Circuit 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,681
- Program Service Revenue: $40,000
- Gross Receipts: $156,924
Assets and Liabilities:
- Total Assets: $559,366
- Total Liabilities: $252,262
- Net Assets: $307,104
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Fees
Revenue
$40,000
Organization Details
Founding Year
2018
Principal Officer
Alan J Mckinnon Jr
NTEE Category
Code: N99 - Recreation
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