NonprofitsWawasee Yacht Club

Wawasee Yacht Club

FORT WAYNE, IN

Total revenue

$159K

Total expenses

$150K

Net assets

$587K

Grants received

EIN

351703105

Tax year

2024

Mission

Foster, promote and encourage the sport of sailboat racing and to promote the science of seamanship. During the season, WYC is home to four competitive one-design fleets, a successful junior sailing program, and hosts a number of premier regattas.

Programs

2 programs

WYC conducts five weeks of junior sailing classes during the summer (Jun - Jul), teaching over 170 children from ages 8 - 16 how to sail in a safe, fun, and structured environment that promotes sportsmanship, self-discipline, self-reliance, and a respect for nature and fellow sailors. The goal is to develop in each child an appreciation for, and a love of, sailing and confidence in his or her ability. The B.W. Duck Memorial Award is presented annually to the WYC Junior Sailing participant who is considered to be the "best sailor" of the season. The Alfred Tag Snook Award is presented annually to the WYC Junior Sailing participant who best demonstrates "overall excellence" in the Junior Sailing class. The honoree will have demonstrated the Corinthian Spirit through outstanding classroom work, a high level of sportsmanship, respect for others, and sound sailing skills.

Expenses: $19K

WYC also holds social events to further the interest in sailing and the club. It hosts four to five events at the clubhouse plus fun sailing events (e.g., poker runs) to spur interest in sailing.

Expenses: $1K

Financials

FY 2024

Revenue

Contributions & grants$102K
Program service revenue$53K
Investment income$3K
Other revenue$619
Total revenue$159K

Expenses

Grants paid
Salaries & benefits$16K
Fundraising
Other expenses$134K
Total expenses$150K
Total assets$589K
Net assets$587K

People

11 listed

NameRoleCompensation

Dave Newcomer

Commodore

Board

8 hrs/wk

Bradey Wright

Vice Commodore

Board

5 hrs/wk

Mike Blackwell

Rear Commodore

Board

5 hrs/wk

Frank Levinson

Member at Large

Board

5 hrs/wk

Stephen Wolfer

Treasurer

Board

8 hrs/wk

John McClain

Secretary

Board

3 hrs/wk

Casey Call

Race Chairman

Board

5 hrs/wk

Ralph Smith

Building & Grounds

Board

5 hrs/wk

Andrew Allen

Docks & Harbor

Board

5 hrs/wk

Jeffrey Schmahl

Junior Sailing

Board

5 hrs/wk

Olivia Bennett

Social Events

Board

5 hrs/wk

Details

EIN351703105
Subsection07
Ruling date1996-02
Formed1931
Employees10
Volunteers11
WAWASEE YACHT CLUB — Mission, Financials & Grants Received | Grantivo