Lake Chelan Boating Club Inc

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

EIN: 910780838 ✦ Chelan, WA ✦ Designated as a 501(c)(4)

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Overview

What is Lake Chelan Boating Club Inc?

Lake Chelan Boating Club Inc is a nonprofit organization that prioritizes safe boating on Lake Chelan. Their primary objective is to generate funds for local youth scholarships, community events, and charitable causes through an annual fundraising event. The club awards annual scholarships, and any unutilized scholarship money is reinvested back into the organization for future initiatives. The Lake Chelan Boating Club Inc not only contributes to the education of young individuals but also plays a role in uplifting their community.

Is Lake Chelan Boating Club Inc legitimate?

Lake Chelan Boating Club Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Lake Chelan Boating Club 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.

What is the mission statement of Lake Chelan Boating Club Inc?

The Lake Chelan Boating Club's mission is centered around promoting safe boating practices and contributing to the community. They achieve this by organizing an annual fundraiser, which serves to raise funds for local youth scholarships, community events, and charitable causes. The club awards annual scholarships and any unutilized scholarship funds are set aside for future use within the organization.

Who is the CEO of Lake Chelan Boating Club Inc?

Mary Briggs is the Treasurer of Lake Chelan Boating Club Inc.

What is the revenue of Lake Chelan Boating Club Inc?

Lake Chelan Boating Club Inc's revenue in 2022 was $74,221.

Who are the executives of Lake Chelan Boating Club Inc and what are their salaries?


Here are 9 key members and their salaries:


Erik Nelson (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeannette Krumm (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Briggs (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Soliday (Co Social Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Briggs (Memb. Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Peterson (Lucerne Cochair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Pittman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrick Steele (Lucerne Cochair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Steele (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Lake Chelan Boating Club Inc?

Lake Chelan Boating Club Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Lake Chelan Boating Club Inc

Lake Chelan Boating Club Inc is dedicated to fostering safe boating practices on Lake Chelan. Beyond promoting boating safety, the organization also plays a significant role in the local community. Lake Chelan Boating Club raises funds annually, primarily for the purpose of awarding scholarships to deserving youth. Furthermore, the funds generated are also utilized for supporting community events and charitable causes. Notably, any leftover scholarship funds are saved for future use, demonstrating the club's commitment to its mission and the local youth. Overall, Lake Chelan Boating Club Inc is a proactive organization that not only encourages safe boating but also contributes to the educational and community development of young individuals in the area.

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Impact




October, 2024

Lake Chelan Boating Club Inc plays a vital role in enhancing the community of Chelan, WA, by promoting safe boating practices on the beautiful Lake Chelan. Through its focused efforts, the organization raises crucial funds that support local youth scholarships, ensuring that deserving young individuals have access to educational opportunities. Additionally, the Club's contributions extend to various community events and local charities, fostering a spirit of camaraderie and support within the area.

Each year, the Club organizes a fundraiser that not only bolsters its mission of promoting safe boating but also enriches the community by allocating resources to enhance local initiatives. The implementation of annual scholarships further demonstrates the Club's commitment to empowering youth, while its policy of returning any unused scholarship funds for future use reinforces its dedication to sustainable impact. As a result, Lake Chelan Boating Club Inc not only advocates for safe recreation but also contributes to the overall well-being and development of the Chelan community.




This information is meant to be a general summary of Lake Chelan Boating Club 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
$74,221 (2022)
Expenses
$48,270 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11
  • Program Service Revenue: $55,625
  • Gross Receipts: $88,842

Assets and Liabilities:

  • Total Assets: $162,324
  • Total Liabilities: $0
  • Net Assets: $162,324

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Organization Details

Principal Officer

Mary Briggs

Main Address

PO BOX 325, CHELAN, WA, 98816

NTEE Category

Code: N67 - Recreation

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