Overview
What is Inverness Yacht Club?
The Inverness Yacht Club, established in 1912, is a nonprofit organization situated in Inverness, California. Initially founded to preserve Tomales Bay, foster boating and yachting, and serve as a community hub, the club continues to uphold these values. The Yacht Club actively engages in environmental conservation efforts and organizes group meetings related to the Tomales Bay area, tackling various environmental, organizational, and social issues. During the summer months, the Yacht Club conducts a Youth Sail program, educating approximately 60 young sailors with the assistance of 10 instructors and additional volunteers. The club also caters to its members and the local community, hosting events at its facilities, although some activities have been adjusted due to health considerations. The Inverness Yacht Club takes an active role in the development of the Point Reyes National Seashore's updated plan and offers its facilities for private memorials and family gatherings. With a dedicated workforce of 25 individuals, the club remains committed to promoting boating and yachting, preserving Tomales Bay, and contributing to the local community.
Official website here: www.invernessyachtclub.org
Is Inverness Yacht Club legitimate?
Inverness Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Inverness 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: $98,623
For more financial information, click here
Official website here: www.invernessyachtclub.org
What is the mission statement of Inverness Yacht Club?
The Inverness Yacht Club was established in 1912 with a mission to preserve and protect the local environment, promote boating and yachting, and serve as a community hub for both adult and youth activities, both on and off the water. The club has been actively involved in various community initiatives, providing space for meetings related to environmental, organizational, and social issues. The club also runs a Youth Sail program, instructing around 60 young sailors during the summer months. The Inverness Yacht Club continues to foster a sense of community, bringing members and guests together at its facilities, although certain activities have been impacted due to health considerations. Additionally, the club has participated in the development of local environmental plans, such as the Point Reyes National Seashore updated plan, and offers its facilities for private memorials and family gatherings.
Official website here: www.invernessyachtclub.org
Who is the CEO of Inverness Yacht Club?
Lael Duncan is the Commodore of Inverness Yacht Club.
Official website here: www.invernessyachtclub.org
What is the revenue of Inverness Yacht Club?
Inverness Yacht Club's revenue in 2022 was $409,271.
Official website here: www.invernessyachtclub.org
Who are the executives of Inverness Yacht Club and what are their salaries?
The average compensation at Inverness Yacht Club during 2022 was $3,945. There are 25 employees and 50 volunteers at Inverness Yacht Club.
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Official website here: www.invernessyachtclub.org
Where can I find the form 990 for Inverness Yacht Club?
Inverness Yacht Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.invernessyachtclub.org
Learn more at the official website: www.invernessyachtclub.org
Mission Statement of Inverness Yacht Club
Inverness Yacht Club, established in 1912, was founded with a mission to preserve natural resources, promote boating and yachting, and serve as a community hub for both adult and youth activities, both on and off the water. The club's purpose encompasses fostering a sense of camaraderie and shared interests, while also providing a platform for environmental, organizational, and social discussions related to its surrounding area.
The Inverness Yacht Club has been instrumental in preserving the environment and the well-being of its community. It has hosted meetings and events addressing various environmental, organizational, and social issues that affect the local Tomales Bay area. Furthermore, the club has offered youth sailing programs, providing a fun and educational experience to over 60 young sailors during the summer months. The club's mission extends beyond its boating activities, as it has also provided space for memorials and family gatherings, bringing the community together in times of celebration and mourning.
In addition to its community-focused activities, Inverness Yacht Club has played an active role in the development of local plans and initiatives. The club participated in the update of the Point Reyes National Seashore plan, ensuring that its voice was heard in the decision-making process that affects its local watershed. The commitment of Inverness Yacht Club to its community and environment is evident in its diverse range of activities and its role as a hub for community discussions and events.
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Impact
October, 2024
Inverness Yacht Club (IYC) plays a vital role in the community of Inverness by fostering a deep connection to Tomales Bay and promoting both environmental stewardship and boating activities. Since its founding in 1912, the IYC has actively engaged in initiatives aimed at preserving the integrity of the bay while serving as a hub for recreational boating and yachting.
The club's commitment to education is evident through its Youth Sail program, which instructs youth sailors each summer. This program not only develops sailing skills among local youth but also instills a sense of responsibility and care for the environment. With the help of skilled instructors and volunteers, IYC has successfully guided numerous young sailors over six weeks, ensuring that the next generation is equipped to appreciate and protect the bay.
Beyond recreational activities, the IYC serves as a community gathering space, hosting meetings related to environmental, organizational, and social issues affecting the Tomales Bay watershed. This involvement in local discussions and planning, including participation in the development of the Point Reyes National Seashore updated plan, underscores the club’s commitment to the well-being of the broader community and environment.
The club also supports social cohesion by bringing together members and community guests, enhancing the local culture and fostering friendships through shared activities. While the pandemic posed challenges to gatherings, IYC adapted its offerings, ensuring that community bonds remained strong. Additionally, the facilities provided by IYC for private events like memorials and family gatherings further illustrate its importance as a supportive community venue.
In summary, Inverness Yacht Club significantly impacts the local community by preserving Tomales Bay, educating youth, facilitating community engagement, and serving as a social hub, all while reinforcing a culture of environmental stewardship and recreational sailing.
This information is meant to be a general summary of Inverness 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: $5,508
- Program Service Revenue: $372,397
- Gross Receipts: $424,673
Assets and Liabilities:
- Total Assets: $938,376
- Total Liabilities: $8,522
- Net Assets: $929,854
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INITIATION FEES
Revenue
$19,362
MAJOR SOCIAL INCOME
Revenue
$19,957
Membership Dues & Assessments
Revenue
$195,438
YARD & LOCKER FEES
Revenue
$38,248
YOUTH SAILING PROGRAM
Revenue
$82,470
Organization Details
Founding Year
1949
Phone
(707) 477-9857Principal Officer
Lael Duncan
Main Address
POST OFFICE BOX 186, INVERNESS, CA, 94937
Website
www.invernessyachtclub.orgNTEE Category
Code: N50 - Recreation
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