Overview
What is Cavalier Golf & Yacht Club?
The Cavalier Golf & Yacht Club is a private, nonprofit organization located at 1052 Cardinal Road, Virginia Beach, VA 23451. Its primary purpose is to offer a variety of leisure and recreational activities, including golf, yachting, swimming, tennis, and dining, for the enjoyment of its members, their families, and invited guests. The club is committed to fostering a family-oriented atmosphere that encourages close personal interaction and fellowship among its members. With a workforce of 326 individuals, the Cavalier Golf & Yacht Club aims to provide a welcoming environment where its members can engage in social, recreational, and athletic pursuits.
Official website here: www.cavaliergyc.com
Is Cavalier Golf & Yacht Club legitimate?
Cavalier Golf & Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Cavalier Golf & 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: $258,552
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,264,440
For more financial information, click here
Official website here: www.cavaliergyc.com
What is the mission statement of Cavalier Golf & Yacht Club?
The Cavalier Golf & Yacht Club is a private, non-profit social, athletic, and recreational club dedicated to providing a family-oriented environment. It offers various facilities such as golfing, yachting, swimming, tennis, dining, and other social, recreational, and athletic amenities for its members, their families, and invited guests. The club's mission is to foster close personal connections and fellowship among its members through these activities.
Official website here: www.cavaliergyc.com
What is the revenue of Cavalier Golf & Yacht Club?
Cavalier Golf & Yacht Club's revenue in 2024 was $10,840,290.
Official website here: www.cavaliergyc.com
Who are the executives of Cavalier Golf & Yacht Club and what are their salaries?
The average compensation at Cavalier Golf & Yacht Club during 2024 was $14,967. There are 369 employees and 14 volunteers at Cavalier Golf & Yacht Club.
Here are 21 key members and their salaries:
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- Compensation: $230,000
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- Other: $27,876
- Compensation: $104,200
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- Other: $21,752
- Compensation: $122,884
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- Other: $26,667
- Compensation: $111,560
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- Compensation: $177,838
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- Other: $14,847
- Compensation: $117,590
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- Other: $30,522
- Compensation: $122,442
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- Other: $665
Official website here: www.cavaliergyc.com
Where can I find the form 990 for Cavalier Golf & Yacht Club?
Cavalier Golf & Yacht Club's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.cavaliergyc.com
Learn more at the official website: www.cavaliergyc.com
Mission Statement of Cavalier Golf & Yacht Club
Cavalier Golf & Yacht Club, a private nonprofit organization, serves as a social, athletic, and recreational hub for its members and their families. The club offers a variety of facilities, including golfing, yachting, swimming, tennis, and dining, designed to provide pleasure and recreation. The mission of Cavalier Golf & Yacht Club is to foster a family-oriented environment that encourages close personal connections and fellowship among its members. This mission is achieved by providing a range of activities that cater to diverse interests, thereby fostering a sense of community and camaraderie among its members.
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Impact
October, 2024
Cavalier Golf & Yacht Club significantly enhances the social and recreational fabric of Virginia Beach. By offering a diverse range of activities such as golfing, yachting, swimming, and tennis, the club fosters an environment where members can engage in healthy leisure pursuits while building lasting relationships.
The club's focus on family-oriented experiences creates a welcoming atmosphere for members and their families, promoting close personal connections and fellowship. Dining and social events further enrich this community, providing opportunities for gatherings and celebrations that strengthen bonds among members.
With its commitment to recreational excellence, Cavalier Golf & Yacht Club not only serves as a venue for athletic pursuits but also as a vital community hub where friendships are nurtured, families come together, and memories are made. The impact of the club extends beyond individual enjoyment, contributing to the overall sense of community in Virginia Beach.
This information is meant to be a general summary of Cavalier Golf & 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 2024.
- Investment Income: $36,221
- Program Service Revenue: $8,442,150
- Gross Receipts: $13,866,476
Assets and Liabilities:
- Total Assets: $24,155,364
- Total Liabilities: $10,325,293
- Net Assets: $13,830,071
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$5,600,574
GOLF INCOME
Revenue
$831,754
OTHER PROGRAM SERVICES
Revenue
$819,691
YACHTING INCOME
Revenue
$700,433
INITIATION FEES
Revenue
$489,698
Organization Details
Founding Year
1928
Principal Officer
P Joseph Andrew
Website
www.cavaliergyc.comNTEE Category
Code: N50 - Recreation
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