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Treasure Island Sailing Center Foundation

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

EIN: 311625735 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

Overview

What is Treasure Island Sailing Center Foundation?

The Treasure Island Sailing Center Foundation, located in San Francisco, California, is a dedicated nonprofit organization. Their mission is to foster learning and personal growth through sailing, offering facilities, instruction, and water access to individuals from various socioeconomic backgrounds and skill levels, ranging from beginners to Olympians. In 2022, they provided 1,840 individuals with sailing opportunities, with a significant focus on youth, offering 21,603 hours of instruction to 1,506 young learners, 91% of whom received scholarships. The organization also collaborates with the San Francisco Unified Public Schools, providing a STEM program at no cost to 4th and some 5th graders, including transportation. With a team of 43 employees, the Treasure Island Sailing Center Foundation promotes vital skills such as water safety, responsibility, respect, communication, teamwork, leadership, and environmental appreciation through their programs.


Official website here: www.tisailing.org

Is Treasure Island Sailing Center Foundation legitimate?

Treasure Island Sailing Center Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Treasure Island Sailing Center Foundation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $66,053
Professional Fundraising Fees: $0
Other Salaries and Wages: $537,054

For more financial information, click here


Official website here: www.tisailing.org

What is the mission statement of Treasure Island Sailing Center Foundation?

The Treasure Island Sailing Center Foundation's mission is centered around providing opportunities for individuals to learn and develop through sailing. They achieve this by offering facilities, sailing instruction, and water access to people from diverse socioeconomic backgrounds, abilities, and skill levels, ranging from beginners to elite athletes. The center's activities foster positive, educational experiences, teaching essential life skills such as water safety, responsibility, respect, communication, teamwork, leadership, and environmental appreciation. The Treasure Island Sailing Center Foundation operates as a large-scale, multiuser sailing school, emphasizing community involvement and making its services accessible to all, regardless of financial capabilities.


Official website here: www.tisailing.org

Who is the CEO of Treasure Island Sailing Center Foundation?

Stuart Douglas Paine is the Ed/President (St. 4/22,Trans. 10/22) of Treasure Island Sailing Center Foundation.


Official website here: www.tisailing.org

What is the revenue of Treasure Island Sailing Center Foundation?

Treasure Island Sailing Center Foundation's revenue in 2022 was $916,574.


Official website here: www.tisailing.org

Who are the executives of Treasure Island Sailing Center Foundation and what are their salaries?

The average compensation at Treasure Island Sailing Center Foundation during 2022 was $14,026. There are 43 employees and 40 volunteers at Treasure Island Sailing Center Foundation.

Here are 6 key members and their salaries:

    Stuart Douglas Paine (Ed/President (St. 4/22,Trans. 10/22)) [Trustee/Director]
  • Compensation: $65,256
  • Related: $0
  • Other: $797

    • Carisa Harris-Adamson (President (End 11/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William J Hoehler (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Heineken (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Kreysler (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Smith (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.tisailing.org

    Where can I find the form 990 for Treasure Island Sailing Center Foundation?

    The Treasure Island Sailing Center Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.tisailing.org

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

    Mission Statement of Treasure Island Sailing Center Foundation

    Treasure Island Sailing Center Foundation, in its mission, aims to provide opportunities for individuals to learn and develop personally through sailing. It achieves this by offering facilities, sailing instruction, and access to the water for people from various socioeconomic backgrounds, abilities, and skill levels, ranging from novices to Olympians. The center's activities foster positive experiences that nurture essential skills such as water safety, responsibility, respect, communication, teamwork, leadership, and environmental appreciation. Run by dedicated staff and volunteers, Treasure Island Sailing Center Foundation is a comprehensive sailing school on San Francisco Bay that values community involvement. It prioritizes making its services available to all, irrespective of financial capabilities.

    Impact

    This information is meant to be a general summary of Treasure Island Sailing Center Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Treasure Island Sailing Center Foundation's impact lies in providing invaluable opportunities for people to learn and grow through sailing. By offering facilities, sailing instruction, and access to the water, the organization has created a platform where individuals of all socioeconomic backgrounds, abilities, and skill levels can engage in the transformative experience of sailing.

    In the San Francisco Bay Area alone, the Treasure Island Sailing Center has touched the lives of 1,840 youth and adults, providing them with a total of 28,641 hours of sailing opportunities for instruction and recreation. A significant portion of their efforts are dedicated to serving youth, as evidenced by the provision of 21,603 hours of instruction to 1,506 youth in 2022. Notably, 91% of these youth were able to participate thanks to scholarships provided by the Center.

    Moreover, the organization's commitment to fostering learning extends beyond sailing skills. By offering a STEM program to 1,075 youth from the San Francisco Unified Public School system, TISC has enriched their educational experiences with real-world applications in a hands-on setting. These initiatives not only enhance technical know-how but also instill values such as water safety, responsibility, respect, communication, teamwork, leadership, and environmental stewardship.

    In essence, Treasure Island Sailing Center Foundation's impact transcends mere recreation, shaping individuals into well-rounded, capable, and environmentally conscious members of society. Through their dedication to inclusivity and community involvement, they have become a beacon of opportunity and growth for all who seek to navigate the waters of life.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $68,787
  • Program Service Revenue: $155,644
  • Gross Receipts: $916,574

    • Assets and Liabilities:
  • Total Assets: $3,736,644
  • Total Liabilities: $39,353
  • Net Assets: $3,697,291
  • Programs

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

    Program fees

    Revenue

    $143,044

    Sailing rental fees

    Revenue

    $12,175

    Merchandise sales

    Revenue

    $425

    Organization Details

    Founding Year

    1998

    Principal Officer

    Stuart Douglas Paine

    Main Address

    698 California Avenue 112, San Francisco, CA, 94130

    NTEE Category

    Code: N70 - Recreation

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