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Silver Gate Yacht Club Foundation

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

EIN: 912151987 ✦ San diego, CA ✦ Designated as a 501(c)(3)

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Overview

What is Silver Gate Yacht Club Foundation?

The Silver Gate Yacht Club Foundation, situated in San Diego, California, is a nonprofit organization with a mission to enrich and serve the community through boating-centric events. They actively engage in charitable initiatives, primarily focusing on junior sailing, wheelchair regattas, and the Schooner Cup. These events cater to various segments of the community, fostering a sense of camaraderie and promoting boating as a shared experience.


Official website here: www.sgyc.org

Is Silver Gate Yacht Club Foundation legitimate?

Silver Gate Yacht Club Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Silver Gate Yacht Club Foundation 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.sgyc.org

What is the mission statement of Silver Gate Yacht Club Foundation?

The Silver Gate Yacht Club Foundation's mission is centered around educating and serving the community through boat-related events. They accomplish this by organizing charitable events that promote boating, such as the JR. Sailing Program, Wheel Chair Regatta, and Schooner Cup. The foundation's activities are geared towards giving back to the community and fostering a love for boating. While the specific location of the foundation is mentioned in the data, this information is not included in the summary.


Official website here: www.sgyc.org

Who is the CEO of Silver Gate Yacht Club Foundation?

Kit Gray is the Treasurer of Silver Gate Yacht Club Foundation.


Official website here: www.sgyc.org

What is the revenue of Silver Gate Yacht Club Foundation?

Silver Gate Yacht Club Foundation's revenue in 2022 was $60,841.


Official website here: www.sgyc.org

Who are the executives of Silver Gate Yacht Club Foundation and what are their salaries?


Here are 12 key members and their salaries:


David Butterfiled (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Damon Forney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Holden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Morris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Pettersen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Fenchel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Kissinger (Jr. Staff Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cleve Hardaker (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Aitken (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Chambers (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kit Gray (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sgyc.org

Where can I find the form 990EZ for Silver Gate Yacht Club Foundation?

Silver Gate Yacht Club Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.sgyc.org

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

Mission Statement of Silver Gate Yacht Club Foundation

The Silver Gate Yacht Club Foundation is an organization that is committed to educating and serving the community through various boating-related events. Its mission is to organize and host charity events that promote boating, engaging the community in these activities. The foundation accomplishes this goal through programs such as the JR. Sailing Program, Wheel Chair Regatta, and Schooner Cup. These initiatives aim to introduce boating to a wider audience, fostering a sense of community and camaraderie. By participating in these events, individuals are not only able to enjoy the water but also learn about the sport and its associated skills. This approach enables the Silver Gate Yacht Club Foundation to make a positive impact on the community, fostering a love for boating and providing opportunities for engagement.

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Impact




August, 2024

The Silver Gate Yacht Club Foundation's impact includes educating and serving the community through boating events such as the JR. Sailing Program, Wheel Chair Regatta, and Schooner Cup. These events provide opportunities for individuals to engage in boating activities, promote community charity events, and contribute to the local San Diego, CA area. By offering these programs, the foundation helps foster a love for boating, support charitable initiatives, and enrich the community through recreational opportunities.




This information is meant to be a general summary of Silver Gate Yacht Club Foundation. 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
$60,841 (2022)
Expenses
$74,056 (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: $35,289
  • Gross Receipts: $60,841

Assets and Liabilities:

  • Total Assets: $36,055
  • Total Liabilities: $7,524
  • Net Assets: $28,531

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Organization Details

Principal Officer

Kit Gray

Main Address

2091 SHELTER ISLAND DRIVE, SAN DIEGO, CA, 92106

NTEE Category

Code: N50 - Recreation

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