Waverly Marina Association

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

EIN: 931176482 ✦ Portland, OR ✦ Designated as a 501(c)(7)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Waverly Marina Association?

Waverly Marina Association is a nonprofit organization that offers moorage, fuel dock, recreational activities, and social events to its members. The association collects common area fees from its moorage members to maintain and operate the facility exclusively for their benefit. In addition, it operates as a recreational yacht club, regularly maintaining facilities and making necessary repairs due to wear and tear and storm damage. The association's mission extends to dredging and ensuring the overall upkeep of the dock area, ensuring a comfortable and enjoyable experience for its members.


Official website here: www.waverlymarina.org

Is Waverly Marina Association legitimate?

Waverly Marina Association is a legitimate nonprofit organization registered as a 501(c)(7) entity. Waverly Marina Association 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: $51,843

For more financial information, click here


Official website here: www.waverlymarina.org

What is the mission statement of Waverly Marina Association?

The Waverly Marina Association serves its members by providing moorage, fuel dock, recreational facilities, and social events. The organization collects fees to maintain and operate these amenities exclusively for its members. Beyond this, the Waverly Marina Association operates as a recreational social yacht club, taking care of the upkeep of facilities utilized for club activities, such as common area maintenance, dredging, and dock repairs due to wear and tear or storm damage.


Official website here: www.waverlymarina.org

Who is the CEO of Waverly Marina Association?

David Soots is the Vice Preside of Waverly Marina Association.


Official website here: www.waverlymarina.org

What is the revenue of Waverly Marina Association?

Waverly Marina Association's revenue in 2023 was $890,130.


Official website here: www.waverlymarina.org

Who are the executives of Waverly Marina Association and what are their salaries?

The average compensation at Waverly Marina Association during 2023 was $17,281. There are 3 employees at Waverly Marina Association.


Here are 4 key members and their salaries:


Dan Tekorious (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Denny (Member At La)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Soots (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corey Hill (Member At La)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.waverlymarina.org

Where can I find the form 990 for Waverly Marina Association?

Waverly Marina Association's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.waverlymarina.org

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

Mission Statement of Waverly Marina Association

The Waverly Marina Association serves as a recreational social yacht club for its members, offering a variety of amenities such as moorage, a fuel dock, and recreational services. Its primary goal is to maintain and operate the moorage area exclusively for the benefit of its members, collecting common area fees to fund these operations. The association is also committed to ongoing maintenance of the facilities used in organizational activities, including common area maintenance, dredging, and necessary repairs to docks due to wear and tear or damage from storms. By providing these services, the Waverly Marina Association aims to enhance the experience of its members and foster a sense of community within the association.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Waverly Marina Association significantly enhances the boating and recreational experience for its members in Portland, Oregon. By providing essential amenities such as moorage and a fuel dock, it facilitates safe and convenient access to the water. The association also fosters community spirit through recreational services and social activities, allowing members to connect and share their passion for boating.

The collection of common area fees is vital for maintaining and operating the marina's facilities, ensuring that the environment remains safe and enjoyable for all users. Ongoing maintenance, including dredging and repairs to docks, preserves the integrity of the marina, enabling uninterrupted access for members while protecting their investments. Overall, Waverly Marina Association plays a crucial role in promoting a vibrant boating community, while also contributing to the local economy and enhancing the waterfront experience for its members.




This information is meant to be a general summary of Waverly Marina Association. 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
$890,130 (2023)
Expenses
$305,833 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $479,295
  • Program Service Revenue: $43,056
  • Gross Receipts: $1,075,973

Assets and Liabilities:

  • Total Assets: $1,949,694
  • Total Liabilities: $285
  • Net Assets: $1,949,409

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

FUEL SALES TO MEMBERS

Revenue

$29,842

MISCELLANEOUS FEES

Revenue

$13,214

Organization Details

Founding Year

1997

Principal Officer

David Soots

Main Address

PO BOX 82008, PORTLAND, OR, 97282

NTEE Category

Code: N50 - Recreation

If you are a representative of Waverly Marina Association and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.