Overview
What is Seal Beach Yacht Club?
The Seal Beach Yacht Club, located in Long Beach, California, is a social membership club catering to approximately 300 members. Its primary purpose is to operate and maintain a clubhouse, providing recreational and dining facilities for its members. The club is also actively involved in hosting regattas, cruises, and various social events, further enriching the members' experiences. With a workforce of 14 individuals, the Seal Beach Yacht Club plays a significant role in fostering a sense of community among its members.
Official website here: www.slbyc.com
Is Seal Beach Yacht Club legitimate?
Seal Beach Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Seal Beach 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: $103,093
For more financial information, click here
Official website here: www.slbyc.com
What is the mission statement of Seal Beach Yacht Club?
The Seal Beach Yacht Club serves around 300 members through its social membership, primarily by managing and maintaining a clubhouse and organizing various social events such as regattas, cruises, and other activities. Its mission, in essence, is to provide a platform for members to socialize and engage in recreational activities, with the clubhouse offering dining facilities as well. The club hosts these events with the aim of fostering a sense of community among its members.
Official website here: www.slbyc.com
Who is the CEO of Seal Beach Yacht Club?
Jim Nagashima is the Commodore of Seal Beach Yacht Club.
Official website here: www.slbyc.com
What is the revenue of Seal Beach Yacht Club?
Seal Beach Yacht Club's revenue in 2022 was $538,983.
Official website here: www.slbyc.com
Who are the executives of Seal Beach Yacht Club and what are their salaries?
The average compensation at Seal Beach Yacht Club during 2022 was $7,364. There are 14 employees and 50 volunteers at Seal Beach Yacht Club.
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Official website here: www.slbyc.com
Where can I find the form 990 for Seal Beach Yacht Club?
Seal Beach Yacht Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.slbyc.com
Learn more at the official website: www.slbyc.com
Mission Statement of Seal Beach Yacht Club
The Seal Beach Yacht Club, serving around 300 members, fulfills its mission by managing and maintaining a clubhouse, and organizing a variety of social events such as regattas, cruises, and other social gatherings. In essence, this organization functions as a social membership club, providing its members with recreational and dining facilities. By hosting these events and maintaining the clubhouse, the Seal Beach Yacht Club aims to foster a sense of community among its members.
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Impact
October, 2024
Seal Beach Yacht Club fosters a vibrant community among its approximately 300 members by providing a welcoming space for social interaction and recreation. The operation and maintenance of its clubhouse serve as a hub for members to gather, dine, and engage in various social activities. By hosting regattas, cruises, and other events, the club enhances the boating experience and encourages camaraderie among sailing enthusiasts. This active participation not only enriches individual member experiences but also contributes to local cultural and recreational life, making Seal Beach Yacht Club a vital part of the Long Beach community.
This information is meant to be a general summary of Seal Beach 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $126
- Program Service Revenue: $331,377
- Gross Receipts: $595,170
Assets and Liabilities:
- Total Assets: $319,856
- Total Liabilities: $124,730
- Net Assets: $195,126
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLUB FACILITY RENTAL
Revenue
$9,250
CLUB SOCIAL PROGRAMS
Revenue
$67,734
MEMBER DUES/ASSESSMENTS
Revenue
$254,393
Organization Details
Founding Year
1961
Phone
(562) 594-6337Principal Officer
Jim Nagashima
Main Address
255 N MARINA DRIVE, LONG BEACH, CA, 90803
Website
www.slbyc.comNTEE Category
Code: N50 - Recreation
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