The Morro Bay Yacht Club

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

EIN: 952477156 ✦ Morro bay, CA ✦ Designated as a 501(c)(7)

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Overview

What is The Morro Bay Yacht Club?

The Morro Bay Yacht Club, situated in Morro Bay, California, is a nonprofit organization dedicated to fostering sailing enthusiasts. They achieve this goal through various committees, programs, and events. The club's primary focus is on sailing lessons and yachting, as well as other boating-related activities. By providing these opportunities, the Morro Bay Yacht Club encourages participation and growth in the sailing community.


Official website here: www.mbyc.net

Is The Morro Bay Yacht Club legitimate?

The Morro Bay Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. The Morro 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $28,534

For more financial information, click here


Official website here: www.mbyc.net

What is the mission statement of The Morro Bay Yacht Club?

The Morro Bay Yacht Club's mission is centered around promoting sailing activities. They accomplish this through various committees, programs, and events. The club goes beyond just promoting sailing; it also offers sailing lessons and focuses on yachting and boating-related activities. The primary objective of the Morro Bay Yacht Club is to foster an environment that encourages sailing enthusiasts and enthusiasts of boating activities.


Official website here: www.mbyc.net

Who is the CEO of The Morro Bay Yacht Club?

John Burgener is the Sr Director of The Morro Bay Yacht Club.


Official website here: www.mbyc.net

What is the revenue of The Morro Bay Yacht Club?

The Morro Bay Yacht Club's revenue in 2022 was $274,183.


Official website here: www.mbyc.net

Who are the executives of The Morro Bay Yacht Club and what are their salaries?


Here are 7 key members and their salaries:


Greg Barker (Sr Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Hansen (Jr Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Wieck (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Burgener (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Mccarren (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Roberts (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara Hanion (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mbyc.net

Where can I find the form 990 for The Morro Bay Yacht Club?

The Morro Bay Yacht Club's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mbyc.net

Learn more at the official website: www.mbyc.net

Mission Statement of The Morro Bay Yacht Club

The Morro Bay Yacht Club, as a nonprofit organization, is primarily dedicated to fostering sailing activities. It achieves this goal through various committees, programs, and events. The club's primary focus is on yachting and boating, as well as related activities. To further promote these activities, The Morro Bay Yacht Club offers sailing lessons to its members and the wider community. By doing so, it encourages the growth and enjoyment of sailing, thereby contributing to the nautical community. The club's mission is to promote sailing in a comprehensive manner, ensuring that the art and skill of sailing are preserved and expanded for future generations.

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Impact




October, 2024

The Morro Bay Yacht Club plays a vital role in promoting sailing and boating activities in the Morro Bay area. Through a variety of committees, programs, and events, the club fosters a vibrant sailing community that encourages participation from individuals of all skill levels.

Offering sailing lessons, the club helps to educate newcomers and seasoned sailors alike, enhancing their skills and confidence on the water. This focus not only nurtures an appreciation for yachting and boating but also encourages a lifestyle centered around outdoor recreation and environmental stewardship.

Moreover, the club serves as a social hub for sailing enthusiasts, organizing events that bring people together and strengthen community bonds. By promoting sailing activities, the Morro Bay Yacht Club contributes to local tourism and economic development, making it an integral part of the coastal culture in Morro Bay, CA.




This information is meant to be a general summary of The Morro 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.

Revenue
$274,183 (2022)
Expenses
$256,171 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,283
  • Program Service Revenue: $174,204
  • Gross Receipts: $307,638

Assets and Liabilities:

  • Total Assets: $635,761
  • Total Liabilities: $1,047
  • Net Assets: $634,714

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Programs

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

SUMMER SAILING PROGRAM

Revenue

$46,450

MEMBER MOORING/DECK FE

Revenue

$39,224

TRANSIENT MOORING FEES

Revenue

$38,209

BOAT STORAGE FEES

Revenue

$21,734

RACING FEES

Revenue

$14,117

Organization Details

Founding Year

1957

Principal Officer

John Burgener

Main Address

541 EMBARCADERO, MORRO BAY, CA, 93442

NTEE Category

Code: N03 - Recreation

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