Vintage Gold Cup Inc

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

EIN: 871758894 ✦ Kalamazoo, MI ✦ Designated as a 501(c)(3)

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Overview

What is Vintage Gold Cup Inc?

Vintage Gold Cup Inc is a nonprofit organization situated in Kalamazoo, Michigan. Their primary mission is to foster and encourage national and international amateur sports competition. They achieve this by promoting, advancing, salvaging, reclaiming, and restoring classic Star boats, which are wooden vessels. The organization's primary activity is organizing and conducting an annual sailboat regatta on Gull Lake as a sanctioned event under the International Star Class Yacht Racing Association. This event serves as a platform for amateur competitors from various nations to showcase their skills. Vintage Gold Cup Inc's efforts contribute to the preservation of traditional sailboat racing and provide a platform for enthusiasts to engage in the sport.


Official website here: www.vintagegoldcup.com

Is Vintage Gold Cup Inc legitimate?

Vintage Gold Cup Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vintage Gold Cup 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.vintagegoldcup.com

What is the mission statement of Vintage Gold Cup Inc?

Vintage Gold Cup Inc's mission is centered around fostering both national and international amateur sports competitions. They achieve this by promoting, advancing, salvaging, and restoring classic Star boats. The organization plans and organizes an annual sailboat regatta as a sanctioned event under the International Star Class Yacht Racing Association. Vintage Gold Cup Inc's activities primarily revolve around facilitating and managing competitive events for wooden Star boats, aiming to keep this traditional sport alive and vibrant.


Official website here: www.vintagegoldcup.com

Who is the CEO of Vintage Gold Cup Inc?

Donald Parfet is the President of Vintage Gold Cup Inc.


Official website here: www.vintagegoldcup.com

What is the revenue of Vintage Gold Cup Inc?

Vintage Gold Cup Inc's revenue in 2022 was $86,515.


Official website here: www.vintagegoldcup.com

Who are the executives of Vintage Gold Cup Inc and what are their salaries?


Here are 3 key members and their salaries:


Donald Parfet (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy Van Peenan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Hawk (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.vintagegoldcup.com

Where can I find the form 990EZ for Vintage Gold Cup Inc?

Vintage Gold Cup Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.vintagegoldcup.com

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

Mission Statement of Vintage Gold Cup Inc

Vintage Gold Cup, as an organization, is dedicated to fostering national and international amateur sports competition. They specialize in promoting, advancing, salvaging, reclaiming, and restoring classic wooden Star boats. Vintage Gold Cup becomes actively involved in planning, promoting, organizing, managing, and conducting an annual sailboat regatta on Gull Lake. This event is sanctioned under the International Star Class Yacht Racing Association, showcasing their commitment to upholding high standards in the sailing community. By doing so, Vintage Gold Cup contributes to the preservation and celebration of the classic Star boat, providing a platform for amateur sailors to compete on a national and international level.

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Impact




October, 2024

Vintage Gold Cup Inc plays a significant role in promoting and preserving the tradition of wooden classic Star boats, which are integral to the heritage of sailing and amateur sports. By organizing an annual sailboat regatta on Gull Lake, the organization not only fosters competition at both national and international levels but also brings together a community of sailing enthusiasts who share a passion for these classic vessels.

The regatta, sanctioned under the International Star Class Yacht Racing Association, serves as a platform for recreational sailors to showcase their skills while deepening their connection to this rich maritime tradition. Additionally, Vintage Gold Cup Inc focuses on the conservation and restoration of classic Star boats, ensuring that the craftsmanship and history of these wooden vessels are preserved for future generations. This commitment to reclaiming and advancing old sailing practices contributes to the broader appreciation of maritime culture and heritage in Kalamazoo, MI, and beyond.

Through its activities, Vintage Gold Cup Inc not only enhances local tourism and community engagement but also encourages participation in sailing as a recreational sport. The organization's impact extends beyond the water, as it cultivates an environment of camaraderie, skill development, and a shared love for sailing that enriches the lives of participants and spectators alike.




This information is meant to be a general summary of Vintage Gold Cup 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
$86,515 (2022)
Expenses
$88,107 (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: $6,900
  • Gross Receipts: $86,515

Assets and Liabilities:

  • Total Assets: $11,643
  • Total Liabilities: $6
  • Net Assets: $11,637

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Organization Details

Principal Officer

Donald Parfet

Main Address

350 E MICHIGAN AVE STE 500, KALAMAZOO, MI, 49007

NTEE Category

Code: N70 - Recreation

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