Overview
What is Savannah Yacht Club Inc?
Savannah Yacht Club Inc is a nonprofit organization situated in Savannah, Georgia. With a staff of 206 individuals, their primary focus is the operation of a yacht club that provides a range of facilities. These include a restaurant, lounge, docking area, and sports facilities, aiming to cater to the nautical enthusiasts in the community. The club's mission revolves around offering a welcoming environment where members can engage in marine activities, socialize, and enjoy meals at the on-site restaurant.
Official website here: www.savannahyachtclub.org
Is Savannah Yacht Club Inc legitimate?
Savannah Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Savannah 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: $278,081
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,978,997
For more financial information, click here
Official website here: www.savannahyachtclub.org
What is the mission statement of Savannah Yacht Club Inc?
The Savannah Yacht Club Inc's mission revolves around operating a yacht club, encompassing various facilities such as a restaurant, lounge, dock, and sports areas. Their primary objective is to ensure the smooth operation of these facilities, providing a space for yacht enthusiasts. The club likely offers social events, recreational activities, and possibly even competitive events related to yachting. The restaurant and lounge areas likely serve as gathering spaces for members, offering refreshments and a comfortable environment. The sports facilities may include areas for various water sports or activities related to yachting.
Official website here: www.savannahyachtclub.org
What is the revenue of Savannah Yacht Club Inc?
Savannah Yacht Club Inc's revenue in 2023 was $7,333,526.
Official website here: www.savannahyachtclub.org
Who are the executives of Savannah Yacht Club Inc and what are their salaries?
The average compensation at Savannah Yacht Club Inc during 2023 was $16,204. There are 201 employees and 18 volunteers at Savannah Yacht Club Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $278,082
- Related: $0
- Other: $9,223
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.savannahyachtclub.org
Where can I find the form 990 for Savannah Yacht Club Inc?
Savannah Yacht Club Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.savannahyachtclub.org
Learn more at the official website: www.savannahyachtclub.org
Mission Statement of Savannah Yacht Club Inc
Savannah Yacht Club Inc is dedicated to operating a comprehensive yacht club, offering various facilities to its members. This encompasses a restaurant, a lounge area, a dock for yachts, and sports facilities. The mission of this nonprofit organization is centered around providing an environment where yacht enthusiasts can gather, dine, socialize, and participate in marine sports activities. By operating these facilities, Savannah Yacht Club Inc aims to foster a sense of community among its members, offering them a place to enjoy their shared passion for yachting.
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Impact
October, 2024
Savannah Yacht Club Inc enhances the community by providing a vibrant hub for recreational activities, boating, and social engagement in Savannah, GA. Through its operation of a yacht club that features a restaurant, lounge, dock, and sports facilities, it fosters a sense of community among members and visitors alike.
The club serves as a gathering place for individuals and families, promoting outdoor recreation and a love for water sports. By offering amenities such as dining and sports facilities, it encourages an active lifestyle while also supporting local businesses and the economy. The club's facilities allow for various events and activities that strengthen social ties and create opportunities for networking and friendship among members.
In addition to promoting recreation and leisure, Savannah Yacht Club Inc contributes to the local culture and tourism, drawing visitors who are interested in boating and waterfront activities. Through its mission and offerings, it plays a crucial role in enriching the community's recreational landscape and fostering a sense of belonging among those who share a passion for the water.
This information is meant to be a general summary of Savannah 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $104,688
- Program Service Revenue: $4,421,117
- Gross Receipts: $8,927,312
Assets and Liabilities:
- Total Assets: $15,260,632
- Total Liabilities: $1,076,792
- Net Assets: $14,183,840
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER DUES
Revenue
$3,992,813
INITIATION FEES
Revenue
$380,840
DELINQUENT FEES
Revenue
$47,464
Organization Details
Founding Year
1950
Principal Officer
Ed Chapman
Website
www.savannahyachtclub.orgNTEE Category
Code: N50 - Recreation
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