Sarasota Yacht Club

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

EIN: 590436199 ✦ Sarasota, FL ✦ Designated as a 501(c)(7)

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Overview

What is Sarasota Yacht Club?

Sarasota Yacht Club, located in Sarasota, Florida, serves as a premier destination for individuals who share a passion for water activities and social connections. This World-Class yacht club, renowned for its award-winning dining and marina, offers an upscale, waterfront setting that fosters lifelong friendships and extraordinary experiences. The club boasts a diverse membership and professional staff, which ensures a welcoming, family-friendly environment. With its unique location and engaging activities, Sarasota Yacht Club stands out as a distinctive attraction in the culturally rich city. (120 words)


Official website here: www.sarasotayachtclub.org

Is Sarasota Yacht Club legitimate?

Sarasota Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Sarasota 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: $3,100,529

For more financial information, click here


Official website here: www.sarasotayachtclub.org

What is the mission statement of Sarasota Yacht Club?

The Sarasota Yacht Club, known for its diverse membership and professional staff, is dedicated to fostering lifelong friendships and providing extraordinary experiences. Situated in a culturally rich environment, this world-class yacht club offers an upscale, waterfront location with award-winning dining, a full-service marina, and engaging activities. The club caters to individuals who enjoy being around water and connected with like-minded friends. The environment at the Sarasota Yacht Club is family-friendly and welcoming, making it a unique destination for those seeking the yachting lifestyle.


Official website here: www.sarasotayachtclub.org

Who is the CEO of Sarasota Yacht Club?

Tim Clarke is the Vice Commodore of Sarasota Yacht Club.


Official website here: www.sarasotayachtclub.org

What is the revenue of Sarasota Yacht Club?

Sarasota Yacht Club's revenue in 2022 was $7,579,182.


Official website here: www.sarasotayachtclub.org

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

The average compensation at Sarasota Yacht Club during 2022 was $29,250. There are 106 employees and 95 volunteers at Sarasota Yacht Club.


Here are 17 key members and their salaries:


Brian Will (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Clarke (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry Anand (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nichi Martin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Milligan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Birnbach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grover Trask (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerard Ezcurra (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Gilroy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodger Byrne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Harmon (Gm/Coo)
  • Compensation: $363,624
  • Related: $0
  • Other: $22,058
Jennifer Hecheverria (Chief Financial Officer)
  • Compensation: $186,080
  • Related: $0
  • Other: $14,956
Stephania Feltz (Membership Director)
  • Compensation: $160,008
  • Related: $0
  • Other: $13,913
Max Miranda (Food & Beverage Director)
  • Compensation: $183,684
  • Related: $0
  • Other: $14,860
Richard Farella (Facilities Director)
  • Compensation: $121,617
  • Related: $0
  • Other: $12,378
Nermin Gebrail (Hr Director)
  • Compensation: $119,863
  • Related: $0
  • Other: $12,308


Official website here: www.sarasotayachtclub.org

Where can I find the form 990 for Sarasota Yacht Club?

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


Official website here: www.sarasotayachtclub.org

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

Mission Statement of Sarasota Yacht Club

Sarasota Yacht Club, an esteemed organization, is renowned for fostering lasting friendships and offering extraordinary experiences to its diverse membership. The club's mission is to provide an upscale, waterfront environment that caters to individuals who share a passion for being near or on the water. The award-winning Sarasota Yacht Club is the epitome of the yachting lifestyle, offering an array of engaging activities, a pristine marina, and exceptional dining experiences. The professional staff at the club plays a pivotal role in inspiring these connections, creating a welcoming atmosphere that is family-friendly. The members of Sarasota Yacht Club are active and cultured, contributing to a rich, dynamic community within the club.

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Impact




October, 2024

Sarasota Yacht Club enriches the community by providing a premier setting for recreational activities centered around yachting and water-related pursuits. With its idyllic waterfront location, the club attracts individuals who share a passion for connecting with friends and family in a vibrant, upscale environment. This fosters lifelong friendships among members and creates a sense of belonging within a culturally rich city.

The yacht club's award-winning dining options and full-service marina further enhance the experience, making it a hub for social gatherings and special events. From sailing lessons to social outings, the club offers a variety of engaging activities that appeal to diverse interests and age groups. By cultivating a welcoming, family-friendly atmosphere, Sarasota Yacht Club promotes not only leisure and enjoyment but also community engagement and support. Its impact is felt not just in the joy it brings to its members, but also in its contributions to Sarasota's social fabric and economic vitality.




This information is meant to be a general summary of Sarasota 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
$7,579,182 (2022)
Expenses
$8,033,930 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$36
  • Program Service Revenue: $4,602,925
  • Gross Receipts: $9,654,854

Assets and Liabilities:

  • Total Assets: $19,794,710
  • Total Liabilities: $10,672,527
  • Net Assets: $9,122,183

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Programs

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

MEMBERSHIP DUES

Revenue

$3,452,035

SLIPS

Revenue

$769,592

MARINA INCOME

Revenue

$234,206

MINIMUM INCOME AND ROOM RENTAL

Revenue

$147,092

Organization Details

Founding Year

1926

Principal Officer

Tim Clarke

Main Address

1100 JOHN RINGLING BOULEVARD, SARASOTA, FL, 34236

NTEE Category

Code: N50 - Recreation

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