Clearwater Yacht Club Inc

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

EIN: 590197110 ✦ Clearwater, FL ✦ Designated as a 501(c)(7)

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Overview

What is Clearwater Yacht Club Inc?

Clearwater Yacht Club Inc, located at 830 South Bayway Blvd, Clearwater, FL 33767, is a nonprofit organization with a mission to stimulate interest in yachting among the public. They aim to enhance their members' seafaring skills and navigation abilities. The club offers a suitable clubhouse, anchorages, and recreational facilities for its members and their families. Their primary goal is to support the social welfare, entertainment, and recreational activities of their members, ensuring a joyful and engaging environment. With a workforce of 61 individuals, Clearwater Yacht Club Inc fosters a sense of community and camaraderie among its members, promoting an enjoyable yachting experience.


Official website here: www.clearwateryachtclub.org

What do the Facebook reviews say about Clearwater Yacht Club Inc?

92% of 236 reviewers on Facebook recommend Clearwater Yacht Club Inc. Here is a summary of their reviews:

Many patrons express their enjoyment of the welcoming atmosphere and positive interactions with staff, highlighting the friendly demeanor of both the employees and fellow visitors. The food and drink offerings are also highly praised, with many noting that the quality enhances their overall experience at the club.

The beautiful views from the club further contribute to the appealing environment, making it a favored destination for relaxation and socializing. Overall, guests seem to appreciate the combination of great service, delicious cuisine, and stunning scenery that Clearwater Yacht Club Inc offers.


This AI summary has been generated from reviews found on Facebook.

Is Clearwater Yacht Club Inc legitimate?

Clearwater Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Clearwater 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: $148,027
Professional Fundraising Fees: $0
Other Salaries and Wages: $245,796

For more financial information, click here


Official website here: www.clearwateryachtclub.org

What is the mission statement of Clearwater Yacht Club Inc?

The Clearwater Yacht Club Inc's mission is primarily focused on encouraging yachting among the public. They strive to enhance the members' proficiency in seamanship and navigation. The club aims to provide its members with a conducive environment for recreation, offering good food, refreshments, and maintaining a suitable clubhouse, anchorages, and facilities. Additionally, the club works towards promoting the social welfare, entertainment, and diversion of its members, their families, and guests.


Official website here: www.clearwateryachtclub.org

Who is the CEO of Clearwater Yacht Club Inc?

Philip Shaw is the Commodore of Clearwater Yacht Club Inc.


Official website here: www.clearwateryachtclub.org

What is the revenue of Clearwater Yacht Club Inc?

Clearwater Yacht Club Inc's revenue in 2022 was $1,471,966.


Official website here: www.clearwateryachtclub.org

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

The average compensation at Clearwater Yacht Club Inc during 2022 was $6,456. There are 61 employees and 23 volunteers at Clearwater Yacht Club Inc.


Here are 19 key members and their salaries:


Curtis Wold (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Libonate (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Carter (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Crist (Immediate Past Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Shaw (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carey Sauer (Secretary (12/3/22-12/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
John Minton (Fleet Captain (12/3/22-12/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Amie Crosby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Cummings (Director (12/3/22-12/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Hannigan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phyllis Nordman (Director (12/3/22-12/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Keagan Pennycuff (Director (12/3/22-12/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Rod White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Kay Delk (Commodore (1/1/22-12/3/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Misha Kelly (Secretary (1/1/22-12/3/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Garner (Past Commodore (1/1/22-12/3/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Lesperance (Director (1/1/22-12/3/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Patchett (Director (1/1/22-12/3/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Ciaccio (General Manager)
  • Compensation: $126,593
  • Related: $0
  • Other: $21,434


Official website here: www.clearwateryachtclub.org

Where can I find the form 990 for Clearwater Yacht Club Inc?

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


Official website here: www.clearwateryachtclub.org

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

Mission Statement of Clearwater Yacht Club Inc

Clearwater Yacht Club Inc is dedicated to fostering a love for yachting among its members and the broader public. The organization strives to enhance the seafaring skills of its members through promoting and supporting their proficiency in navigation and seamanship. In addition to this, Clearwater Yacht Club Inc offers various recreational privileges to its members and their families. The club maintains a suitable clubhouse, anchorage, and facilities for the leisure and enjoyment of its members. Beyond recreation, the club also focuses on the social welfare, entertainment, and diversion of its members, their families, and guests. It provides good food and refreshments, ensuring a pleasant and engaging atmosphere for all. Clearwater Yacht Club Inc's mission, in essence, is to encourage yachting, improve the skills of its members, and provide a conducive environment for relaxation and social interaction.

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Impact




October, 2024

Clearwater Yacht Club Inc significantly enhances the local community by promoting yachting as a recreational activity. By encouraging public engagement in yachting, the club fosters a sense of community and connection among boating enthusiasts. It plays a crucial role in enhancing members' skills in seamanship and navigation, contributing to safer and more proficient boating practices.

The club serves as a welcoming space for members, their families, and guests, offering quality food and refreshments in a well-maintained clubhouse and anchorage. This not only provides a hub for social interaction but also promotes the overall well-being and entertainment of members, enriching their recreational experience. By facilitating various activities and events, the Clearwater Yacht Club strengthens bonds within the community, making it a vital part of the Clearwater social fabric.




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

Revenue
$1,471,966 (2022)
Expenses
$1,474,733 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$58,102
  • Program Service Revenue: $1,445,680
  • Gross Receipts: $2,662,289

Assets and Liabilities:

  • Total Assets: $2,220,381
  • Total Liabilities: $272,015
  • Net Assets: $1,948,366

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Programs

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

MEMBERSHIP DUES

Revenue

$1,124,642

INITIATION FEES

Revenue

$170,001

SLIP & DOCK RENTAL

Revenue

$130,505

YACHTING

Revenue

$20,532

Organization Details

Founding Year

1985

Principal Officer

Philip Shaw

Main Address

830 SOUTH BAYWAY BLVD, CLEARWATER, FL, 33767

NTEE Category

Code: N03 - Recreation

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