Cedar Lake Yacht Club

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

EIN: 930751336 ✦ West bend, WI ✦ Designated as a 501(c)(7)

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Overview

What is Cedar Lake Yacht Club?

Cedar Lake Yacht Club, situated in West Bend, Wisconsin, is a nonprofit organization that primarily focuses on boating activities. With a team of nine dedicated individuals, they offer a sailing school and various classes for their members. The club's mission revolves around group boating experiences, providing an opportunity for individuals to enhance their sailing skills and enjoy shared water activities.

Is Cedar Lake Yacht Club legitimate?

Cedar Lake Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Cedar Lake 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $25,911

For more financial information, click here

What is the mission statement of Cedar Lake Yacht Club?

The Cedar Lake Yacht Club's mission revolves around promoting group boating activities, offering a sailing school, and conducting classes for its members. They are dedicated to providing a platform for members to enhance their boating skills and enjoy the sailing experience together. The club's activities aim to foster a community of boaters, offering educational opportunities through sailing classes.

Who is the CEO of Cedar Lake Yacht Club?

Ed Eckert is the Commodore of Cedar Lake Yacht Club.

What is the revenue of Cedar Lake Yacht Club?

Cedar Lake Yacht Club's revenue in 2022 was $411,495.

Who are the executives of Cedar Lake Yacht Club and what are their salaries?

The average compensation at Cedar Lake Yacht Club during 2022 was $2,879. There are 9 employees and 50 volunteers at Cedar Lake Yacht Club.


Here are 12 key members and their salaries:


Ed Eckert (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Shabino (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Genthe (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steph Bailey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Gale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Czarnecki (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Eckert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Fiorenza (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bj Best (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katrina Janz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Braeger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Boemer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cedar Lake Yacht Club?

Cedar Lake Yacht Club's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cedar Lake Yacht Club

Cedar Lake Yacht Club, as a nonprofit organization, is committed to fostering group boating activities and offering a sailing school and classes for its members. This mission is centered around providing an engaging environment for individuals who share a passion for boating and sailing. The club offers a platform for members to hone their skills, learn new techniques, and participate in collective boating activities, thereby fostering a sense of camaraderie and shared experience. The sailing school and classes serve as educational resources, offering opportunities for both beginners and experienced sailors to expand their knowledge and refine their abilities.

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Impact




October, 2024

Cedar Lake Yacht Club significantly enhances the community of West Bend, WI, by fostering a love for boating and sailing among its members. Through group boating activities, the club creates an inclusive environment where individuals and families can bond over shared experiences on the water. The sailing school offers valuable education and training, empowering members with skills that promote safety and confidence in boating. This structured approach to sailing not only develops expertise but also encourages lifelong learning and camaraderie among participants.

As a hub for recreational activities, the club contributes to the local economy by attracting visitors and promoting water-based events. Its emphasis on organized group activities promotes social connections, enhances community engagement, and supports mental well-being through outdoor recreation. Overall, Cedar Lake Yacht Club serves as a vital resource for recreation, education, and community building in the region, enriching the lives of its members and the broader West Bend community.




This information is meant to be a general summary of Cedar Lake 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.

Revenue
$411,495 (2022)
Expenses
$247,863 (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: $170,388
  • Gross Receipts: $411,495

Assets and Liabilities:

  • Total Assets: $982,227
  • Total Liabilities: $1,233
  • Net Assets: $980,994

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Programs

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

REGATTA/RACING INCOME

Revenue

$27,337

SAILING SCHOOL

Revenue

$36,570

SOCIAL REVENUE

Revenue

$63,101

MERCHANDISE

Revenue

$22,621

MOORING/DRYSAIL/BLDG

Revenue

$20,759

Organization Details

Founding Year

1911

Principal Officer

Ed Eckert

Main Address

PO BOX 532, WEST BEND, WI, 53095

NTEE Category

Code: N67 - Recreation

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