Hampton Yacht Club

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

EIN: 540238276 ✦ Hampton, VA ✦ Designated as a 501(c)(7)

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Overview

What is Hampton Yacht Club?

Hampton Yacht Club, located at 4707 Victoria Blvd, Hampton, VA 23669, is a nonprofit organization dedicated to fostering an interest in sailing and related activities. Their primary mission is to support the learning of sailing through organized camps and instructional programs, catering to both member and non-member students. With a workforce of 77 employees, their initiative contributes to the promotion of sailing as a popular sport, providing an engaging and educational experience for those interested.


Official website here: www.hamptonyc.com

Is Hampton Yacht Club legitimate?

Hampton Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Hampton 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: $1,088,703

For more financial information, click here


Official website here: www.hamptonyc.com

What is the mission statement of Hampton Yacht Club?

The Hampton Yacht Club's mission is centered around promoting the sport of sailing and related activities. They actively support various initiatives to advance this passion, including providing resources for junior sailors through camps and instructional programs, catering to both club members and non-members. This commitment to nurturing new talent in sailing is a significant part of the club's mission.


Official website here: www.hamptonyc.com

Who is the CEO of Hampton Yacht Club?

Patricia A Melochick is the Past Commodo of Hampton Yacht Club.


Official website here: www.hamptonyc.com

What is the revenue of Hampton Yacht Club?

Hampton Yacht Club's revenue in 2022 was $2,421,016.


Official website here: www.hamptonyc.com

Who are the executives of Hampton Yacht Club and what are their salaries?

The average compensation at Hampton Yacht Club during 2022 was $14,139. There are 77 employees at Hampton Yacht Club.


Here are 11 key members and their salaries:


Leigh M Chapman (Past Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sergio Diehl (Rear Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Fairchild (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David E Hamilton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer A Hollock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John A Blais Iii (Fleet Captai)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas F Morehouse Iii (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward L Munson Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Longfield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia A Melochick (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas E Miller (Vice Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hamptonyc.com

Where can I find the form 990 for Hampton Yacht Club?

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


Official website here: www.hamptonyc.com

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

Mission Statement of Hampton Yacht Club

Hampton Yacht Club, as a non-profit organization, is committed to the promotion of sailing and related activities. Its mission is to foster and encourage the sport of sailing, aiming to engage both its members and non-members in this endeavor. To achieve this, the club supports various camps and instructional programs for students who wish to learn sailing. These programs cater to both club members and non-members, ensuring that the love for sailing is accessible to a wide audience. By promoting sailing and related activities, Hampton Yacht Club contributes to the development of sailing skills and fosters a sense of camaraderie among its participants.

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Impact




October, 2024

Hampton Yacht Club significantly impacts the community by promoting the sport of sailing and related activities. Its junior sailing program plays a vital role in fostering a love for sailing among both member and non-member students, providing camps and instruction tailored to various skill levels. By offering these educational opportunities, the club not only cultivates young sailors but also strengthens community engagement and encourages outdoor recreational activities. This initiative helps instill important life skills such as teamwork, responsibility, and perseverance, enriching the overall quality of life in Hampton, VA.




This information is meant to be a general summary of Hampton 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.

Revenue
$2,421,016 (2022)
Expenses
$2,458,784 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,488
  • Program Service Revenue: $305,720
  • Gross Receipts: $2,810,259

Assets and Liabilities:

  • Total Assets: $5,427,252
  • Total Liabilities: $4,181,761
  • Net Assets: $1,245,491

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Programs

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

JR. SUMMER SAILING PROGRAM

Revenue

$110,433

REVENUE - IDA LEWIS REGATTA

Revenue

$29,988

JR RACE TEAM REVENUE

Revenue

$29,322

JR WINTER SAILING

Revenue

$27,479

SALE OF ASSETS - JR. PROGRAM

Revenue

$15,000

Organization Details

Principal Officer

Patricia A Melochick

Main Address

4707 VICTORIA BLVD, HAMPTON, VA, 23669

NTEE Category

Code: N67 - Recreation

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