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Tahoe Yacht Club Foundation Inc

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

EIN: 880317781 ✦ Reno, NV ✦ Designated as a 501(c)(3)

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Overview

What is Tahoe Yacht Club Foundation Inc?

Tahoe Yacht Club Foundation Inc, based in Reno, Nevada, is a nonprofit organization with a mission to promote and enhance maritime skills through a series of events. These events, such as the Lake Tahoe Concours d'Elegance and Wooden Boat Week, serve to raise charitable funds for projects and organizations within the Lake Tahoe community that share its mission. The foundation focuses on pursuing educational and charitable opportunities in the Lake Tahoe area that enhance expertise or understanding of maritime skills.


Official website here: www.laketahoeconcours.com

What do the Facebook reviews say about Tahoe Yacht Club Foundation Inc?

94% of 32 reviewers on Facebook recommend Tahoe Yacht Club Foundation Inc. Here is a summary of their reviews: The organization appears to foster a welcoming and enjoyable atmosphere, as many participants express their enthusiasm for the annual functions. Attendees appreciate the commitment to hosting enjoyable events, highlighting a consistent engagement with the community.

Overall, individuals feel positively about their experiences with the foundation, noting that they look forward to attending yearly gatherings. This sentiment reflects a strong connection to the events organized by the nonprofit, indicating that it successfully delivers on its mission to engage and please its constituents.


This AI summary has been generated from reviews found on Facebook.

Is Tahoe Yacht Club Foundation Inc legitimate?

Tahoe Yacht Club Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tahoe Yacht Club Foundation 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


Official website here: www.laketahoeconcours.com

What is the mission statement of Tahoe Yacht Club Foundation Inc?

The Tahoe Yacht Club Foundation Inc is committed to pursuing educational and charitable projects originating in the Lake Tahoe area. These projects aim to enhance expertise and increase understanding of maritime skills. The foundation achieves this through various initiatives, such as the Lake Tahoe Concours d'Elegance and Wooden Boat Week. These events not only promote maritime skills but also serve as a platform to raise charitable funds. The collected funds are donated to projects and non-profit organizations within the Lake Tahoe community that share the same mission. In essence, the Tahoe Yacht Club Foundation Inc is dedicated to fostering maritime knowledge and supporting local initiatives that align with this goal.


Official website here: www.laketahoeconcours.com

Who is the CEO of Tahoe Yacht Club Foundation Inc?

G Douglas Ball is the Director of Tahoe Yacht Club Foundation Inc.


Official website here: www.laketahoeconcours.com

What is the revenue of Tahoe Yacht Club Foundation Inc?

Tahoe Yacht Club Foundation Inc's revenue in 2023 was $425,788.


Official website here: www.laketahoeconcours.com

Who are the executives of Tahoe Yacht Club Foundation Inc and what are their salaries?


Here are 5 key members and their salaries:


Manoj Kashyap (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Fiest (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ross Arno (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
G Douglas Ball (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ward Sproat (President/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.laketahoeconcours.com

Where can I find the form 990 for Tahoe Yacht Club Foundation Inc?

Tahoe Yacht Club Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.laketahoeconcours.com

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

Mission Statement of Tahoe Yacht Club Foundation Inc

Tahoe Yacht Club Foundation Inc is dedicated to pursuing educational and charitable projects that enhance expertise and understanding of maritime skills. Their mission is centered around initiatives originating in the Lake Tahoe area, with the goal of fostering growth and know-how in maritime domains. The foundation's activities aim to promote and elevate maritime skills, while simultaneously raising funds for donation to projects and non-profit organizations in the Lake Tahoe community that share the same mission. This is achieved through events such as the Lake Tahoe Concours d'Elegance and Wooden Boat Week, which serve to showcase and celebrate maritime skills, ultimately benefiting the local community.

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Impact




October, 2024

Tahoe Yacht Club Foundation Inc has a significant impact on the Lake Tahoe community by promoting maritime skills and providing educational opportunities. Through events like the Lake Tahoe Concours d'Elegance and Wooden Boat Week, the foundation fosters a deeper understanding of boating and maritime traditions, engaging both locals and visitors in this cultural heritage.

These events not only celebrate wooden boat craftsmanship but also serve as a platform for raising charitable funds, which are directed towards various projects and organizations within the Lake Tahoe area that align with their mission. As a result, the foundation helps enhance community resources and knowledge related to maritime expertise, while simultaneously supporting initiatives that benefit the local population.




This information is meant to be a general summary of Tahoe Yacht Club Foundation 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
$425,788 (2023)
Expenses
$412,259 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $49
  • Program Service Revenue: $388,270
  • Gross Receipts: $445,510

Assets and Liabilities:

  • Total Assets: $154,690
  • Total Liabilities: $51,559
  • Net Assets: $103,131

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Programs

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

WOODEN BOAT WEEK

Revenue

$388,270

Organization Details

Founding Year

1999

Principal Officer

G Douglas Ball

Main Address

PO BOX 17956, RENO, NV, 89511

NTEE Category

Code: T30 - Philanthropy

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