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Sea Island Yacht Club Sea Island Yacht Club

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

EIN: 570722009 ✦ Wadmalaw island, SC ✦ Designated as a 501(c)(7)

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Overview

What is Sea Island Yacht Club Sea Island Yacht Club?

Sea Island Yacht Club, situated in Wadmalaw Island, South Carolina, is a nonprofit organization primarily focused on promoting camaraderie among its members and the surrounding communities through yacht racing and social events. Their mission includes fostering social, benevolent, and recreational activities, as well as providing entertainment derived from the use of their land, wharf, and building located at Rockville. For several years, the club has hosted various events for its members, such as Mother's Day dinner, Father's Day fish fry dinner, an oyster roast, and the Annual Sea Island Summer Regatta in August. In addition to these gatherings, the club organizes dinners and dances for its members to enjoy.


Official website here: www.seaislandyachtclub.org

Is Sea Island Yacht Club Sea Island Yacht Club legitimate?

Sea Island Yacht Club Sea Island Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Sea Island Yacht Club Sea Island 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: $0

For more financial information, click here


Official website here: www.seaislandyachtclub.org

What is the mission statement of Sea Island Yacht Club Sea Island Yacht Club?

The Sea Island Yacht Club's purpose is to foster camaraderie and shared experiences among people from various areas, primarily focusing on amateur yacht racing. Additionally, the club organizes social, benevolent, and recreational events, offering entertainment derived from the use of their facilities. For several years, they have hosted events such as Mother's Day Dinner, Father's Day Fish Fry Dinner, Oyster Roast, and the Annual Sea Island Summer Regatta in August. Moreover, the club holds dinners and dances for its members to enjoy.


Official website here: www.seaislandyachtclub.org

Who is the CEO of Sea Island Yacht Club Sea Island Yacht Club?

David P Hill is the Commodore of Sea Island Yacht Club Sea Island Yacht Club.


Official website here: www.seaislandyachtclub.org

What is the revenue of Sea Island Yacht Club Sea Island Yacht Club?

Sea Island Yacht Club Sea Island Yacht Club's revenue in 2022 was $300,971.


Official website here: www.seaislandyachtclub.org

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


Here are 13 key members and their salaries:


David P Hill (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
C Murry Thompson Jr (Vice Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Preston Wilson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Davis Warren (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Beckmann Jr (Immediate Pa)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maynard Ball (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Fanucchi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel P Gervais (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melvin B Jenkins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ford P Menefee (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ginni Quisenberry (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frederick J Schaffer (Past Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Smoak (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.seaislandyachtclub.org

Where can I find the form 990 for Sea Island Yacht Club Sea Island Yacht Club?

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


Official website here: www.seaislandyachtclub.org

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

Mission Statement of Sea Island Yacht Club Sea Island Yacht Club

Sea Island Yacht Club, a community-focused organization, is dedicated to fostering camaraderie and shared experiences among individuals from Wadmalaw Island, Johns Island, Charleston, and surrounding areas. The club's primary purpose is to promote amateur yacht racing and provide opportunities for social, benevolent, and recreational activities. These activities extend beyond the sport of yacht racing, offering a variety of entertainment options derived from the use of the club's land, wharf, and building located at Rockville.

For several years, Sea Island Yacht Club has organized events for its members, such as Mother's Day Dinner, Father's Day Fish Fry Dinner, and an annual Oyster Roast. One of the club's most anticipated events is the Sea Island Summer Regatta, which takes place during the first weekend of August each year. In addition to these events, the club also hosts dinners and dances for its members, offering a diverse range of leisure activities. By bringing people together through these activities, the Sea Island Yacht Club aims to build strong community bonds and create memorable experiences for its members.

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Impact




October, 2024

The Sea Island Yacht Club serves as a vibrant community hub that fosters connections among residents of Wadmalaw Island, Johns Island, Charleston, and surrounding areas. By organizing a variety of events centered around amateur yacht racing and social gatherings, the club brings individuals together to celebrate their shared interests. Events like the Mother's Day Brunch, Father's Day Fish Fry, Oyster Roast, and the Annual Sea Island Summer Regatta not only create opportunities for recreation but also strengthen community ties.

Through activities such as bingo nights, fishing tournaments, and seasonal parties, the club promotes both social interaction and enjoyment, contributing to the overall well-being of its members. The club’s commitment to hosting diverse events ensures that there are ample opportunities for recreation and engagement, enhancing the cultural fabric of the area. By utilizing its facilities and organizing these gatherings, the Sea Island Yacht Club plays an essential role in promoting camaraderie and a sense of belonging among locals.




This information is meant to be a general summary of Sea Island Yacht Club Sea Island 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
$300,971 (2022)
Expenses
$271,561 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $476
  • Program Service Revenue: $121,324
  • Gross Receipts: $300,971

Assets and Liabilities:

  • Total Assets: $2,988,695
  • Total Liabilities: $0
  • Net Assets: $2,988,695

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Programs

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

SOCIAL FUNCTION REVENUE

Revenue

$89,090

MERCHANDISE REVENUE

Revenue

$32,234

Organization Details

Founding Year

2003

Principal Officer

David P Hill

Main Address

2438 SEA ISLAND YACHT CLUB ROAD, WADMALAW ISLAND, SC, 29487

NTEE Category

Code: N50 - Recreation

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