Overview
What is Yacht Brokers Association Of America?
The Yacht Brokers Association of America, situated in Washington D.C., is a nonprofit organization dedicated to supporting its members in the yacht brokerage industry. They organize conferences, seminars, and business meetings, offering valuable training, workshops, and networking opportunities. A quarterly newsletter keeps members updated on organization activities, while an annual membership directory serves as a comprehensive resource. The association also administers a certification program, ensuring professional competence and ethical conduct within the industry. Additionally, they develop and sell specialized forms, and maintain office space in Florida for the benefit of their members. The primary mission of the Yacht Brokers Association of America is to establish and promote high standards of professionalism and foster public recognition of its member brokers for their cooperation and success.
Is Yacht Brokers Association Of America legitimate?
Yacht Brokers Association Of America is a legitimate nonprofit organization registered as a 501(c)(6) entity. Yacht Brokers Association Of America 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.
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What is the mission statement of Yacht Brokers Association Of America?
The Yacht Brokers Association of America's mission is centered around setting and upholding high standards of professional competence, ethical conduct, and character within the yacht brokerage industry. The organization actively works towards promoting recognition of its member brokers for their cooperation and success. This is achieved through various means, including conducting conferences, seminars, and workshops for training and business meetings, publishing a quarterly newsletter, and administering a certification program for the yacht brokerage industry. They also develop and sell specialized forms, and provide office space in Florida for the benefit of their members.
What is the revenue of Yacht Brokers Association Of America?
Yacht Brokers Association Of America's revenue in 2023 was $215,571.
Who are the executives of Yacht Brokers Association Of America and what are their salaries?
There 11 volunteers at Yacht Brokers Association Of America.
Here are 10 key members and their salaries:
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Where can I find the form 990 for Yacht Brokers Association Of America?
Yacht Brokers Association Of America's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Yacht Brokers Association Of America
The Yacht Brokers Association of America, as a nonprofit organization, is dedicated to setting, promoting, and upholding high standards of professional competence, integrity, and ethical conduct within its membership. Its mission is twofold: firstly, to elevate the public's perception of its member brokers, recognizing their collaborative spirit and success in the yacht brokerage industry; secondly, to establish and maintain these lofty standards.
To achieve its mission, the Yacht Brokers Association of America provides various platforms and resources. It organizes conferences and regional seminars, offering members valuable training, workshops, and business meetings. These events serve to foster a sense of community, enable members to exchange knowledge, and enhance their professional skills.
In addition to these events, the association publishes a quarterly newsletter. This newsletter is a vital medium through which the organization shares articles, editorials, and updates regarding its activities. It keeps members informed about the latest developments and trends within the yacht brokerage industry.
Furthermore, the Yacht Brokers Association of America administers a certification program specifically for the yacht brokerage industry. This program serves to validate the expertise and professionalism of its members, thereby enhancing their credibility in the eyes of their clients and peers.
The organization also develops and sells specialized forms tailored to the needs of the yacht brokerage industry. These forms help members to navigate the complexities of their profession more efficiently. Lastly, the Yacht Brokers Association of America maintains office space in Florida for the benefit of its members. This facility provides a centralized location where members can conduct their business and collaborate with one another.
In summary, the Yacht Brokers Association of America is committed to promoting and enforcing high standards of professionalism, ethics, and character within the yacht brokerage industry. It achieves this mission through a variety of means, including conferences, newsletters, a certification program, specialized forms, and a member-exclusive office space.
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Impact
October, 2024
The Yacht Brokers Association of America (YBAA) plays a significant role in enhancing the yacht brokerage industry through the establishment and promotion of high standards of professional competence, character, and ethical conduct. By fostering public recognition of its member brokers, YBAA encourages a culture of cooperation and success within the industry.
One of the key impacts of YBAA is its commitment to education and professional development. Through conferences and regional seminars, the organization provides training, workshops, and business meetings that equip members with valuable skills and knowledge. This focus on ongoing education helps ensure that brokers are well-prepared to meet the evolving needs of their clients.
The association also keeps its members informed and connected through a quarterly newsletter, which features articles, editorials, and updates on organizational activities. Additionally, the annual membership directory serves as a vital resource, promoting transparency and accessibility within the industry.
YBAA administers a certification program that further elevates the standards within the yacht brokerage sector. This certification helps distinguish knowledgeable and reputable brokers, enhancing consumer trust and confidence in the services provided.
Moreover, by developing specialized forms and maintaining a dedicated office space in Florida for its members, YBAA creates a supportive infrastructure that benefits yacht brokers and improves their operational efficacy. Overall, the Yacht Brokers Association of America significantly contributes to community improvement by promoting best practices and raising the standards of professionalism in yacht brokerage.
This information is meant to be a general summary of Yacht Brokers Association Of America. 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 2023.
- Investment Income: $6,524
- Program Service Revenue: $209,047
- Gross Receipts: $215,571
Assets and Liabilities:
- Total Assets: $267,323
- Total Liabilities: $61,170
- Net Assets: $206,153
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Certification Program
Revenue
$50,650
Member Services
Revenue
$20,501
Membership Dues & Assessments
Revenue
$118,281
Regional Conferences
Revenue
$7,115
Sponsorships/Newsletter
Revenue
$12,500
Organization Details
Founding Year
1930
Principal Officer
William Bolin
NTEE Category
Code: S41 - Community improvement
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