Overview
What is Coos Bay Yacht Club?
Coos Bay Yacht Club is a nonprofit organization situated in Coos Bay, Oregon. Their primary focus is to foster sailing abilities and offer appropriate club facilities. They organize their largest annual event, the Labor Day Regatta, which incorporates junior races. This event, combining racing and socialization, takes place on the club's premises. The revenue generated from this event is utilized to cover operational expenses and maintain the club's infrastructure. The Coos Bay Yacht Club aims to support sailing enthusiasts and provide a conducive environment for their activities.
Official website here: www.coosbayyachtclub.org
Is Coos Bay Yacht Club legitimate?
Coos Bay Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Coos Bay Yacht Club 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.
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Official website here: www.coosbayyachtclub.org
What is the mission statement of Coos Bay Yacht Club?
The Coos Bay Yacht Club's primary mission is to foster sailing skills among its members and provide them with necessary club facilities. This non-profit organization achieves this by organizing events, such as their annual Labor Day Regatta, which includes junior races. These events not only serve as opportunities for racing but also for social interaction. The earnings from these events contribute to the club's operational and maintenance expenses. Essentially, the Coos Bay Yacht Club is dedicated to nurturing sailors and ensuring they have a suitable environment to hone their skills.
Official website here: www.coosbayyachtclub.org
Who is the CEO of Coos Bay Yacht Club?
Francis Burger is the Director of Coos Bay Yacht Club.
Official website here: www.coosbayyachtclub.org
What is the revenue of Coos Bay Yacht Club?
Coos Bay Yacht Club's revenue in 2022 was $63,371.
Official website here: www.coosbayyachtclub.org
Who are the executives of Coos Bay Yacht Club and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.coosbayyachtclub.org
Where can I find the form 990 for Coos Bay Yacht Club?
Coos Bay Yacht Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.coosbayyachtclub.org
Learn more at the official website: www.coosbayyachtclub.org
Mission Statement of Coos Bay Yacht Club
Coos Bay Yacht Club, a renowned organization, is dedicated to fostering sailing skills and providing club facilities. The club's primary mission is to promote sailing competencies among its members and offer a conducive environment for sailing activities. This is achieved through various initiatives, with the Labor Day Regatta being one of their highlight events. This annual racing and social event, which includes junior races, is a significant part of the club's calendar and serves as a major source of funds for the club's operational expenses and maintenance. The net earnings generated from this event are channeled back into the club's account, ensuring its continued operation and upkeep. By promoting sailing skills and providing club facilities, Coos Bay Yacht Club empowers its members to enjoy and excel in the sport of sailing.
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Impact
October, 2024
Coos Bay Yacht Club plays a significant role in fostering a vibrant sailing community in Coos Bay, Oregon. By promoting sailing skills and providing essential facilities, the club enhances recreational opportunities for both seasoned sailors and newcomers. One of its most impactful events, the Labor Day Regatta, attracts participants of all ages, including junior races, making it the club's largest annual gathering. This event not only showcases sailing talent but also strengthens community bonds through social interaction.
The net proceeds from the regatta support the club's operating expenses and maintenance, ensuring the continued availability of resources and amenities for members. Ultimately, Coos Bay Yacht Club enriches the local culture, encourages youth participation in sailing, and contributes to the overall recreational landscape of the area.
This information is meant to be a general summary of Coos Bay Yacht Club. 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 2022.
- Investment Income: $34
- Program Service Revenue: $64,396
- Gross Receipts: $74,776
Assets and Liabilities:
- Total Assets: $323,030
- Total Liabilities: $0
- Net Assets: $323,030
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues & Assessments
Revenue
$64,396
Organization Details
Phone
(541) 290-9446Principal Officer
Francis Burger
Main Address
PO Box 296, Coos Bay, OR, 97420
Website
www.coosbayyachtclub.orgNTEE Category
Code: N50 - Recreation
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