Overview
What is The Thunderboats Unlimited Club Inc?
The Thunderboats Unlimited Club Inc, situated in San Diego, is a nonprofit organization that contributes to the tourism sector by organizing the renowned San Diego Bayfair event. This event showcases high-speed boat competitions, including hydroplane racing and drag boats, attracting international competitors. The spectacle also includes live music performances and thrilling aerial demonstrations. The club's primary objective is to promote tourism in San Diego by utilizing Mission Bay as a racing venue, thereby providing an entertaining and exciting experience for both locals and visitors alike.
Official website here: www.sandiegobayfair.org
Is The Thunderboats Unlimited Club Inc legitimate?
The Thunderboats Unlimited Club Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. The Thunderboats Unlimited Club Inc 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: $0
For more financial information, click here
Official website here: www.sandiegobayfair.org
What is the mission statement of The Thunderboats Unlimited Club Inc?
The Thunderboats Unlimited Club Inc aims to promote tourism, serving as a platform for showcasing the world's fastest boats in competition. This is accomplished through an annual event on Mission Bay, featuring hydroplane racing, drag boats, and international competitors. Live music and aerial demonstrations further enhance the spectacle, attracting a wide audience. The organization's goal is to contribute to tourism by offering an exciting and unique experience, fostering a sense of camaraderie and entertainment for all involved.
Official website here: www.sandiegobayfair.org
Who is the CEO of The Thunderboats Unlimited Club Inc?
Jeffrey M Thomas is the Director of The Thunderboats Unlimited Club Inc. The CEO's salary of The Thunderboats Unlimited Club Inc is $0 and their total compensation is $0.
Official website here: www.sandiegobayfair.org
What is the revenue of The Thunderboats Unlimited Club Inc?
The Thunderboats Unlimited Club Inc's revenue in 2022 was $581,112.
Official website here: www.sandiegobayfair.org
Who are the executives of The Thunderboats Unlimited Club Inc and what are their salaries?
Here are 7 key members and their salaries (The Thunderboats Unlimited Club Inc's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.sandiegobayfair.org
Where can I find the form 990 for The Thunderboats Unlimited Club Inc?
The Thunderboats Unlimited Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sandiegobayfair.org
Learn more at the official website: www.sandiegobayfair.org
Mission Statement of The Thunderboats Unlimited Club Inc
The Thunderboats Unlimited Club Inc, a nonprofit organization, is dedicated to promoting tourism in various settings. They achieve this by organizing an event that showcases the world's fastest boats competing against each other on Mission Bay. This spectacle is filled with excitement and includes hydroplane racing, drag boats, and international competitors. To enhance the experience, the event features live music and aerial demonstrations. The Club's mission is multifaceted, aiming to not only entertain but also to attract tourists to San Diego. By showcasing their program, the San Diego Bayfair, they successfully contribute to the city's tourism sector.
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Impact
October, 2024
The Thunderboats Unlimited Club Inc significantly enhances tourism in San Diego by organizing events that showcase the excitement of high-speed boating. With the world’s fastest boats racing on Mission Bay, the club attracts both local and international competitors, drawing crowds eager to experience the thrill of hydroplane racing and drag boat competitions.
The event not only highlights the adrenaline of boat racing but also serves as a venue for live music and aerial demonstrations, creating a vibrant atmosphere that appeals to a diverse audience. This dynamic combination of competitive sport and entertainment contributes to the local economy, as visitors flock to San Diego for the chance to witness these spectacular races, ultimately benefiting hotels, restaurants, and other tourism-related businesses in the area.
By promoting such a unique event, The Thunderboats Unlimited Club Inc plays a crucial role in enhancing San Diego's reputation as a prime destination for water sports and recreation.
This information is meant to be a general summary of The Thunderboats Unlimited Club Inc. 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.
- Program Service Revenue: $581,112
- Gross Receipts: $581,112
Assets and Liabilities:
- Total Assets: $187,239
- Total Liabilities: $50,000
- Net Assets: $137,239
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$581,112
Organization Details
Founding Year
1980
Phone
(760) 789-8870Principal Officer
Jeffrey M Thomas
Main Address
9085 KENAMAR DR, SAN DIEGO, CA, 92121
Website
www.sandiegobayfair.orgNTEE Category
Code: N52 - Recreation
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