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Halifax River Yacht Club

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

EIN: 590279320 ✦ Daytona beach, FL ✦ Designated as a 501(c)(7)

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Overview

What is Halifax River Yacht Club?

The Halifax River Yacht Club, based in Daytona Beach, Florida, is a nonprofit organization primarily focused on promoting boating and yachting activities. It encourages members to engage in boat and yacht building, cultivates seafaring knowledge and naval science, and emphasizes sociability, entertainment, enjoyment, and benevolence among its members. The club offers various programs and activities to cater to its membership, contributing to an enriching experience within the boating community.


Official website here: www.hryc.com

What do the Facebook reviews say about Halifax River Yacht Club?

90% of 237 reviewers on Facebook recommend the Halifax River Yacht Club. Here is a summary of their reviews:

Overall, people express a positive sentiment about their experiences with the yacht club. Many appreciate the welcoming atmosphere and the range of activities offered. The club seems to successfully foster a sense of community among its members, providing enjoyable events that cater to various interests.

A few comments highlight the beauty of the waterfront location and the well-maintained facilities, making it an attractive spot for both seasoned sailors and newcomers. Overall, the Halifax River Yacht Club appears to deliver a satisfying experience for its members, fulfilling their expectations for leisure and camaraderie.


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

Is Halifax River Yacht Club legitimate?

Halifax River Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Halifax River 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: $438,282

For more financial information, click here


Official website here: www.hryc.com

What is the mission statement of Halifax River Yacht Club?

The Halifax River Yacht Club is established with the objective of promoting boating and yachting, as well as boat and yacht building. It also aims to cultivate seamanship and naval science among its members. The club's mission extends beyond these areas, including the encouragement of sociability, entertainment, enjoyment, and benevolence among its member community. The Halifax River Yacht Club offers various activities and programs designed to engage and benefit its members.


Official website here: www.hryc.com

What is the revenue of Halifax River Yacht Club?

Halifax River Yacht Club's revenue in 2023 was $1,651,087.


Official website here: www.hryc.com

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

The average compensation at Halifax River Yacht Club during 2023 was $5,096. There are 86 employees at Halifax River Yacht Club.

Here are 16 key members and their salaries:


Brian Smith (General Mana)
  • Compensation: $121,864
  • Related: $0
  • Other: $0
Rodney Blount (Vice Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Ferro (Rear Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dick Gosch (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael St John (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandford Kinne (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Kleinschmidt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Matera (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Mccarroll (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cary Meyers (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Reale (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jr Redigan (Immed Past C)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maggie Thompson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patty Underwood (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glen Wagner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Yaeger (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hryc.com

Where can I find the form 990 for Halifax River Yacht Club?

Halifax River Yacht Club's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.hryc.com

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

Mission Statement of Halifax River Yacht Club

The Halifax River Yacht Club, established with the purpose of fostering a harmonious community, is dedicated to encouraging boaters and yachters, promoting boat and yacht building, and cultivating seamanship and naval science. Beyond these marine-related pursuits, the club also prioritizes social interaction, entertainment, and benevolence among its members. Through a variety of activities and programs, Halifax River Yacht Club seeks to create an engaging and supportive environment for its members within the Daytona Beach area.

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Impact




October, 2024

Halifax River Yacht Club plays a vital role in fostering a vibrant boating community in Daytona Beach, Florida. By encouraging boating and yachting activities, the club not only enhances recreational opportunities for its members but also promotes a deep appreciation for maritime culture. Through programs focused on boat and yacht building, the club cultivates essential skills in seamanship and naval science, ensuring both seasoned sailors and newcomers have access to valuable knowledge.

The club’s commitment to sociability creates a sense of camaraderie among members, fostering connections and friendships that enrich the overall experience. Social gatherings, entertainment, and community events further enhance the club’s role as a hub for enjoyment and leisure, making it a cornerstone in the local lifestyle.

Moreover, Halifax River Yacht Club’s emphasis on benevolence encourages members to engage in charitable activities, promoting a spirit of giving back to the community. Overall, the club significantly impacts the social fabric of Daytona Beach by combining recreation, education, and community service, ultimately contributing to a well-rounded and engaged membership.




This information is meant to be a general summary of Halifax River 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
$1,651,087 (2023)
Expenses
$1,644,873 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $541
  • Program Service Revenue: $1,744,181
  • Gross Receipts: $3,001,441

Assets and Liabilities:

  • Total Assets: $5,280,252
  • Total Liabilities: $2,322,877
  • Net Assets: $2,957,375

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Programs

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

MEMBERSHIP DUES & ASSESSMENTS

Revenue

$1,542,831

DOCKAGE - MEMBERS

Revenue

$147,049

SAILING CAMP - NONMEMBERS

Revenue

$22,627

DOCKAGE - NONMEMBERS

Revenue

$18,774

BOATING EVENTS

Revenue

$7,882

Organization Details

Founding Year

1896

Principal Officer

Cary Meyers

NTEE Category

Code: N50 - Recreation

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