Overview
What is Bradenton Yacht Club Inc?
Bradenton Yacht Club Inc is a member-owned, private organization located in Palmetto, Florida. The club, with a workforce of 75 employees, caters to its member families by offering various boating, recreational, and social activities. The club boasts an extensive campus and marina, allowing members to engage in club activities and connect with like-minded individuals who share an interest in the boating lifestyle. Additionally, Bradenton Yacht Club (BYC) extends its reach beyond its membership by sponsoring youth sailing events, fishing tournaments, regattas, and boat parades, thereby engaging with the broader boating community. BYC is also a founding member of the Florida Council of Yacht Clubs (FCYC), granting reciprocity to its members with other member-owned yacht clubs in the FCYC. The club provides dining and bar facilities for its members for regular use, creating a congenial environment for social interaction.
Official website here: www.bradentonyachtclub.com
Is Bradenton Yacht Club Inc legitimate?
Bradenton Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Bradenton 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: $332,761
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,341,998
For more financial information, click here
Official website here: www.bradentonyachtclub.com
What is the mission statement of Bradenton Yacht Club Inc?
The Bradenton Yacht Club Inc, a member-owned, private entity, serves its family members by offering boatings, recreational, and social activities. It maintains an extensive campus and marina for its members to enjoy club activities and connect with like-minded individuals inclined towards the boating lifestyle. Beyond its membership, the club extends its reach to broader boating communities by sponsoring youth sailing events, fishing tournaments, regattas, and boat parades. Additionally, the Bradenton Yacht Club Inc is a founding member of the Florida Council of Yacht Clubs, which provides reciprocity with other member-owned yacht clubs in the FCYC.
Official website here: www.bradentonyachtclub.com
What is the revenue of Bradenton Yacht Club Inc?
Bradenton Yacht Club Inc's revenue in 2024 was $4,695,490.
Official website here: www.bradentonyachtclub.com
Who are the executives of Bradenton Yacht Club Inc and what are their salaries?
The average compensation at Bradenton Yacht Club Inc during 2024 was $23,925. There are 70 employees and 150 volunteers at Bradenton Yacht Club Inc.
Here are 18 key members and their salaries:
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- Compensation: $164,989
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- Other: $10,115
Official website here: www.bradentonyachtclub.com
Where can I find the form 990 for Bradenton Yacht Club Inc?
Bradenton Yacht Club Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.bradentonyachtclub.com
Learn more at the official website: www.bradentonyachtclub.com
Mission Statement of Bradenton Yacht Club Inc
Bradenton Yacht Club Inc, a member-owned private organization, serves its family members by offering a variety of boating, recreational, and social activities. The club maintains an extensive campus and marina, providing its members with ample opportunities to engage in club activities and connect with like-minded individuals who share an affinity for the boating lifestyle. Beyond catering to its members, Bradenton Yacht Club Inc extends its reach to broader non-member boating communities by sponsoring events such as youth sailing tournaments, fishing competitions, regattas, and boat parades. Furthermore, the club is a founding member of the Florida Council of Yacht Clubs, which establishes reciprocity between Bradenton Yacht Club Inc and other member-owned yacht clubs within the FCYC, thus expanding its scope and offering its members additional privileges.
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Impact
October, 2024
Bradenton Yacht Club Inc has a significant impact on both its member families and the broader boating community. By providing a private space for boating, recreational, and social activities, it fosters a strong sense of community among its members who are passionate about the boating lifestyle. The extensive campus and marina allow members to engage in various club activities and connect with one another, enhancing their overall experience and promoting fellowship.
Beyond serving its members, Bradenton Yacht Club actively contributes to the local community by sponsoring events such as youth sailing programs, fishing tournaments, regattas, and boat parades. These initiatives not only encourage engagement with the sport of boating but also help develop skills among young sailors, create lasting memories for participants, and bring awareness to aquatic activities.
As a founding member of the Florida Council of Yacht Clubs, the club promotes reciprocal relationships with other member-owned yacht clubs, further expanding its reach and influence in the boating arena. Through these collaborative efforts, the Bradenton Yacht Club strengthens the boating culture in the region, enhances recreational opportunities, and contributes positively to local tourism and the economy.
This information is meant to be a general summary of Bradenton 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $72,892
- Program Service Revenue: $4,522,245
- Gross Receipts: $5,341,525
Assets and Liabilities:
- Total Assets: $4,522,424
- Total Liabilities: $1,012,757
- Net Assets: $3,509,667
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES & ASSE
Revenue
$2,345,550
RESTAURANT AND BAR
Revenue
$1,877,289
BASIN RENTAL
Revenue
$299,406
Organization Details
Founding Year
1968
Principal Officer
Howie Stein
Website
www.bradentonyachtclub.comNTEE Category
Code: N50 - Recreation
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