Oyster Bay Yacht Club Inc

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

EIN: 260847637 ✦ Fernandina beach, FL ✦ Designated as a 501(c)(7)

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Overview

What is Oyster Bay Yacht Club Inc?

Oyster Bay Yacht Club Inc, based in Fernandina Beach, Florida, serves as a private recreational haven for its members, their families, and guests. The primary objective of this nonprofit organization is to provide an enjoyable and beneficial environment for its members through various activities. With a dedicated workforce of 37 individuals, Oyster Bay Yacht Club Inc fosters a community where its members can unwind, socialize, and engage in leisure activities on the bay.


Official website here: www.oysterbayyachtclub.com

Is Oyster Bay Yacht Club Inc legitimate?

Oyster Bay Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Oyster Bay Yacht 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: $305,857

For more financial information, click here


Official website here: www.oysterbayyachtclub.com

What is the mission statement of Oyster Bay Yacht Club Inc?

The Oyster Bay Yacht Club Inc. is committed to managing a private club designed for the enjoyment and advantage of its members, their families, and guests. The primary objective is to provide a platform for leisure and recreation, aiming to enhance their overall experience. The club's mission is to serve as a hub for relaxation and pleasure, fostering a sense of community among its members. The club's operations are centered around providing benefits and enjoyment to its members, their families, and guests, ensuring their time spent at the club is enjoyable and memorable.


Official website here: www.oysterbayyachtclub.com

Who is the CEO of Oyster Bay Yacht Club Inc?

David Loucks is the President of Oyster Bay Yacht Club Inc.


Official website here: www.oysterbayyachtclub.com

What is the revenue of Oyster Bay Yacht Club Inc?

Oyster Bay Yacht Club Inc's revenue in 2022 was $908,807.


Official website here: www.oysterbayyachtclub.com

Who are the executives of Oyster Bay Yacht Club Inc and what are their salaries?

The average compensation at Oyster Bay Yacht Club Inc during 2022 was $8,266. There are 37 employees and 20 volunteers at Oyster Bay Yacht Club Inc.


Here are 7 key members and their salaries:


David Loucks (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alvaro Pertuz (Vice President Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Warren (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Dobbs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Davenport (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emil Gullia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.oysterbayyachtclub.com

Where can I find the form 990 for Oyster Bay Yacht Club Inc?

Oyster Bay Yacht Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.oysterbayyachtclub.com

Learn more at the official website: www.oysterbayyachtclub.com

Mission Statement of Oyster Bay Yacht Club Inc

Oyster Bay Yacht Club Inc is dedicated to providing a private club setting for its members, their families, and guests, with the primary objective of promoting recreation and pleasure. This nonprofit organization aims to create an environment where its members can enjoy leisure activities and derive benefits from the club's facilities. The mission of Oyster Bay Yacht Club Inc is to serve as a hub for social interaction, relaxation, and enjoyment for its members and their loved ones, while also offering opportunities for shared experiences and camaraderie.

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Impact




October, 2024

Oyster Bay Yacht Club Inc plays a vital role in fostering a vibrant community centered around recreational activities and social engagement. By providing a private club environment, it enhances the quality of life for its members and their families, offering a dedicated space for leisure, enjoyment, and camaraderie. Located in Fernandina Beach, Florida, the club serves as a hub for members to connect, network, and share experiences, creating lasting bonds and friendships.

The club's operations emphasize creating enjoyable recreational opportunities, from organizing events to facilitating access to various activities. This focus contributes to the overall well-being of its members, encouraging a healthy work-life balance and enriching the community's cultural fabric. The club's commitment to providing a welcoming atmosphere for guests further extends its positive influence, promoting social interaction and community involvement in the area. Ultimately, Oyster Bay Yacht Club Inc significantly enhances the local community through its dedication to recreation, pleasure, and member engagement.




This information is meant to be a general summary of Oyster Bay Yacht 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.

Revenue
$908,807 (2022)
Expenses
$1,469,237 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $374
  • Program Service Revenue: $274,817
  • Gross Receipts: $1,612,678

Assets and Liabilities:

  • Total Assets: $3,412,604
  • Total Liabilities: $904,515
  • Net Assets: $2,508,089

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Programs

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

Member event rentals

Revenue

$85,100

Marina slip rentals

Revenue

$176,562

Marina utility fees

Revenue

$12,668

Marina other fees

Revenue

$487

Organization Details

Founding Year

2007

Principal Officer

David Loucks

Main Address

96732 Bay View Drive, Fernandina Beach, FL, 32034

NTEE Category

Code: Z99 - Unknown

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