The Cleveland Yachting Club Inc

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

EIN: 340154090 ✦ Rocky river, OH ✦ Designated as a 501(c)(7)

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Overview

What is The Cleveland Yachting Club Inc?

The Cleveland Yachting Club Inc, located at 200 Yacht Club Drive, Rocky River, Ohio 44116, is a private social club dedicated to providing enjoyable boating experiences for its members. This esteemed organization offers a range of services, including docking, hauling, and launching boats, as well as food and beverage sales. In addition to these boating-related activities, the club hosts various miscellaneous social functions for its members to engage in. The primary mission of The Cleveland Yachting Club Inc is to own, operate, and maintain a yacht club, aiming to offer a relaxing and recreational environment for its members to enjoy. With a workforce of 243 individuals, the club is committed to delivering an exceptional experience for its members.


Official website here: www.cycrr.org

Is The Cleveland Yachting Club Inc legitimate?

The Cleveland Yachting Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. The Cleveland Yachting 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: $750,889

For more financial information, click here


Official website here: www.cycrr.org

What is the mission statement of The Cleveland Yachting Club Inc?

The Cleveland Yachting Club Inc's mission is centered around owning, operating, and maintaining a yacht club, primarily for the enjoyment and leisure of its members. This includes providing various boating services such as docking, hauling, and launching. Furthermore, the club offers food and beverage sales, as well as various social functions for its members to engage in. The primary objective is to cater to the recreational needs of its members within the yacht club environment.


Official website here: www.cycrr.org

Who is the CEO of The Cleveland Yachting Club Inc?

Marc Dallas is the Trustee of The Cleveland Yachting Club Inc.


Official website here: www.cycrr.org

What is the revenue of The Cleveland Yachting Club Inc?

The Cleveland Yachting Club Inc's revenue in 2022 was $4,020,638.


Official website here: www.cycrr.org

Who are the executives of The Cleveland Yachting Club Inc and what are their salaries?

The average compensation at The Cleveland Yachting Club Inc during 2022 was $3,090. There are 243 employees at The Cleveland Yachting Club Inc.


Here are 16 key members and their salaries:


Laura D Goldberg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Saltis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Kmetz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trevor Stohr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel O'Donnell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John H Opdycke Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher M Zito (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Slaght (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Cook (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Heck (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Stacey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Clevenger (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christian Tracey (Fleet Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael F Mansuetto (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew E Drumm (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Dallas (Chief Operating Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cycrr.org

Where can I find the form 990 for The Cleveland Yachting Club Inc?

The Cleveland Yachting Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cycrr.org

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

Mission Statement of The Cleveland Yachting Club Inc

The Cleveland Yachting Club Inc, as a private social organization, is devoted to the mission of owning, operating, and maintaining a yacht club for the pleasure and recreation of its members. This esteemed institution provides a host of services and facilities designed to cater to the leisurely pursuits of its members. Among these offerings are docking, hauling, and launching services for boats, as well as sales of food and beverages. Furthermore, the club also hosts a variety of miscellaneous social functions for its members to enjoy. The core aim of The Cleveland Yachting Club Inc is to create an environment where members can engage in boating activities and socialize in a pleasant setting.

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Impact




October, 2024

The Cleveland Yachting Club Inc plays a significant role in enriching the community of Rocky River, Ohio, by providing a dedicated space for recreational boating and social engagement. By offering essential services like docking, haul and launch, and related boating services, the club supports local boating enthusiasts and fosters a vibrant maritime culture.

In addition to its maritime services, the club enhances community interactions through various social functions. Members enjoy opportunities to connect over food and beverages, creating a welcoming atmosphere that promotes camaraderie and shared interests. The club not only serves as a leisure destination but also contributes to the local economy through member activities and events, thereby strengthening community ties and encouraging a love for the water.

By maintaining a well-operated facility, The Cleveland Yachting Club Inc ensures that its members can fully enjoy their recreational pursuits, making a positive impact on the overall quality of life in the region.




This information is meant to be a general summary of The Cleveland Yachting 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
$4,020,638 (2022)
Expenses
$3,630,141 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8,078
  • Program Service Revenue: $4,947,003
  • Gross Receipts: $7,683,029

Assets and Liabilities:

  • Total Assets: $11,566,390
  • Total Liabilities: $1,008,595
  • Net Assets: $10,557,795

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Programs

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

MEMBERSHIP DUES & ASSESSMENTS

Revenue

$3,179,304

PROGRAM SERVICE REVENUE

Revenue

$1,767,699

Organization Details

Founding Year

1878

Principal Officer

Marc Dallas

Main Address

200 YACHT CLUB DRIVE, ROCKY RIVER, OH, 441160425

NTEE Category

Code: N50 - Recreation

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