The Sailfish Club Of Florida Inc

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

EIN: 590432073 ✦ Palm beach, FL ✦ Designated as a 501(c)(7)

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Overview

What is The Sailfish Club Of Florida Inc?

The Sailfish Club of Florida Inc, located in Palm Beach, Florida, is a nonprofit organization with approximately 550 members. Established with the goal of fostering camaraderie and leisure, the club offers its members various amenities such as dining facilities, a dock, a swimming pool, and cabanas. The mission of this recreational club is to provide enjoyable activities for its members, thereby strengthening their social bonds. The club employs a team of 139 individuals to ensure its operations run smoothly and members have a delightful experience.


Official website here: www.sailfishclub.com

Is The Sailfish Club Of Florida Inc legitimate?

The Sailfish Club Of Florida Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. The Sailfish Club Of Florida 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: $1,386,225
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,291,021

For more financial information, click here


Official website here: www.sailfishclub.com

What is the mission statement of The Sailfish Club Of Florida Inc?

The Sailfish Club of Florida Inc's mission is centered around bringing its members together, fostering a sense of camaraderie, and providing pleasure and recreation. This is achieved through the promotion of social interaction, which is facilitated by offering dining and recreational activities. The club serves as a hub for approximately 550 members, providing them with facilities such as food, beverages, a dock, a swimming pool, and cabanas.


Official website here: www.sailfishclub.com

Who is the CEO of The Sailfish Club Of Florida Inc?

Joseph S Sambuco is the Past President of The Sailfish Club Of Florida Inc.


Official website here: www.sailfishclub.com

What is the revenue of The Sailfish Club Of Florida Inc?

The Sailfish Club Of Florida Inc's revenue in 2022 was $10,134,036.


Official website here: www.sailfishclub.com

Who are the executives of The Sailfish Club Of Florida Inc and what are their salaries?

The average compensation at The Sailfish Club Of Florida Inc during 2022 was $40,843. There are 139 employees at The Sailfish Club Of Florida Inc.


Here are 22 key members and their salaries:


Glenn E Straub (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott A Johnson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Koenig (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David G Lambert (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph S Sambuco (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Farris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Frisbie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hunter B Beall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Bresnan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hugh C Davis Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Coniglio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory W Coleman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Isiminger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Grier Pressley Ii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Regalbuto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John R Newman (General Manager)
  • Compensation: $324,942
  • Related: $0
  • Other: $31,632
Christine Rigg (Director Of Finance)
  • Compensation: $111,269
  • Related: $0
  • Other: $13,234
Daniel Maule (Exec. Chef)
  • Compensation: $112,513
  • Related: $0
  • Other: $35,054
Shawn A Sumner (Assistant General Manager)
  • Compensation: $144,341
  • Related: $0
  • Other: $23,552
Nelson Veiga (Wine & Beverage Manager)
  • Compensation: $108,376
  • Related: $0
  • Other: $12,015
Nicholas J Watkins (Controller)
  • Compensation: $102,308
  • Related: $0
  • Other: $12,538


Official website here: www.sailfishclub.com

Where can I find the form 990 for The Sailfish Club Of Florida Inc?

The Sailfish Club Of Florida Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sailfishclub.com

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

Mission Statement of The Sailfish Club Of Florida Inc

The Sailfish Club of Florida Inc is a recreational organization with a primary objective of fostering camaraderie among its members. Its exempt purpose is centered around promoting social interaction, achieved through the provision of enjoyable dining and recreational activities. The club serves as a hub for approximately 550 members, offering them facilities such as dining areas, docks, swimming pools, and cabanas, catering to their leisure needs.

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Impact




October, 2024

The Sailfish Club of Florida Inc fosters a vibrant community centered around pleasure and recreation. It binds its members together by promoting social interaction through a variety of recreational activities. The club offers an array of facilities and services, including dining options, beverage services, a marina dock, a swimming pool, and cabana services, all designed to enhance the recreational experience of its approximately 550 members.

By prioritizing social engagement, the Sailfish Club creates a welcoming environment where members can form lasting friendships, enjoy leisure time, and participate in community events. This sense of belonging not only enriches individual members' lives but also strengthens the broader community by encouraging collaboration and interaction among local residents. The Club's commitment to recreational activities plays a crucial role in promoting a healthy lifestyle, fostering connections, and providing a space for relaxation and enjoyment in the beautiful Palm Beach area.




This information is meant to be a general summary of The Sailfish Club Of Florida 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
$10,134,036 (2022)
Expenses
$11,584,755 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $15,099
  • Program Service Revenue: $6,984,658
  • Gross Receipts: $12,088,303

Assets and Liabilities:

  • Total Assets: $23,175,866
  • Total Liabilities: $6,240,796
  • Net Assets: $16,935,070

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Programs

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

MEMBERSHIP DUES

Revenue

$5,692,914

DOCK FEES

Revenue

$1,109,822

ACTIVITIES

Revenue

$160,222

OPERATING ASSESSMENT

Revenue

$21,700

Organization Details

Founding Year

1960

Principal Officer

Joseph S Sambuco

Main Address

1338 NORTH LAKE WAY, PALM BEACH, FL, 33480

NTEE Category

Code: N67 - Recreation

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