St Andrews Bay Yacht Club Inc

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

EIN: 590526027 ✦ Panama city, FL ✦ Designated as a 501(c)(7)

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Overview

What is St Andrews Bay Yacht Club Inc?

St. Andrews Bay Yacht Club Inc, located in Panama City, Florida, serves as a social hub for sailing and boating enthusiasts. With a mission to foster a tight-knit community among its members and other yacht clubs along the Gulf Coast, the club offers instruction and support for various water activities, including sailing and power boating. Over the years, they have nurtured individuals and teams who have competed in local, regional, state, national, and international events. The club, with a team of 73 employees, is committed to promoting and advancing water safety and related activities.


Official website here: www.stabyc.com

Is St Andrews Bay Yacht Club Inc legitimate?

St Andrews Bay Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. St Andrews Bay 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $383,770

For more financial information, click here


Official website here: www.stabyc.com

What is the mission statement of St Andrews Bay Yacht Club Inc?

The St. Andrews Bay Yacht Club Inc. is committed to fostering and enhancing activities related to yachting and boating. It aims to establish a strong bond among its members and other yacht clubs across the Gulf Coast. Serving as a social platform, the club encourages and supports sailing, power boating, water safety, and related activities through instruction and promotion. The club has a history of training individuals and teams that have participated in local, regional, state, national, and even international events.


Official website here: www.stabyc.com

What is the revenue of St Andrews Bay Yacht Club Inc?

St Andrews Bay Yacht Club Inc's revenue in 2022 was $1,135,568.


Official website here: www.stabyc.com

Who are the executives of St Andrews Bay Yacht Club Inc and what are their salaries?

The average compensation at St Andrews Bay Yacht Club Inc during 2022 was $6,853. There are 56 employees at St Andrews Bay Yacht Club Inc.

Here are 12 key members and their salaries:


Jason Crowe (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Cumberland (Imm Past Commod)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Davidson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Gummels (Fcyc Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Harrison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William C Cramer Iii (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorianne Mcelhaney (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Neubauer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carley Sostheim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Stamps (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Buller (Fleet Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Wynn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.stabyc.com

Where can I find the form 990 for St Andrews Bay Yacht Club Inc?

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


Official website here: www.stabyc.com

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

Mission Statement of St Andrews Bay Yacht Club Inc

St. Andrews Bay Yacht Club Inc. is committed to fostering and promoting activities associated with yachting and boating. Their mission is to establish a strong bond among its members and those of other yacht clubs situated along the Gulf Coast. The club serves as a social platform, offering instruction, encouragement, and support for sailing, power boating, and water safety. St. Andrews Bay Yacht Club Inc. has a history of training individuals and teams who have competed in various local, regional, state, national, and international events, demonstrating their dedication to the maritime community.

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Impact




October, 2024

St Andrews Bay Yacht Club Inc fosters a vibrant community around yachting and boating, significantly enhancing recreational activities in Panama City, FL. By promoting sailing, power boating, and water safety, the club creates an inclusive social environment where members can learn, compete, and enjoy camaraderie on the water.

The club's commitment to education and training has resulted in skilled individuals and teams participating in competitive events at local, regional, state, national, and even world-class levels. This not only elevates the proficiency of its members but also brings recognition to the area as a hub for nautical sports.

Furthermore, St Andrews Bay Yacht Club Inc nurtures connections among its members and strengthens ties with other yacht clubs along the Gulf Coast, fostering a sense of community that extends beyond its own membership. Through its activities, the club significantly contributes to the cultural and recreational landscape of the region, promoting an active lifestyle centered around the joy of boating and the beauty of the water.




This information is meant to be a general summary of St Andrews Bay 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
$1,135,568 (2022)
Expenses
$1,051,066 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $280
  • Gross Receipts: $2,088,142

Assets and Liabilities:

  • Total Assets: $1,863,917
  • Total Liabilities: $1,051,393
  • Net Assets: $812,524

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Organization Details

Founding Year

1933

Principal Officer

Christopher Stamps

NTEE Category

Code: N61 - Recreation

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