Overview
What is Coral Ridge Yacht Club?
The Coral Ridge Yacht Club, situated in Fort Lauderdale, Florida, operates as a nonprofit organization. Its primary mission is to unite its members under a shared objective geared towards pleasure and recreation. To achieve this goal, the club offers various amenities such as food, beverages, entertainment, and dockage specifically designed for its yacht club members. With a workforce of 101 dedicated individuals, the Coral Ridge Yacht Club aims to provide an enriching experience to its members, fostering a sense of camaraderie and enjoyment.
Official website here: www.coralridgeyachtclub.com
Is Coral Ridge Yacht Club legitimate?
Coral Ridge Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Coral Ridge 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: $2,227,248
For more financial information, click here
Official website here: www.coralridgeyachtclub.com
What is the mission statement of Coral Ridge Yacht Club?
The Coral Ridge Yacht Club's mission is centered around bringing its members together under a shared objective, primarily focused on leisure and entertainment. This mission is achieved through the provision of various amenities such as food, beverages, entertainment, and dockage, all designed to cater to the recreational needs of its yacht club members.
Official website here: www.coralridgeyachtclub.com
What is the revenue of Coral Ridge Yacht Club?
Coral Ridge Yacht Club's revenue in 2023 was $5,269,936.
Official website here: www.coralridgeyachtclub.com
Who are the executives of Coral Ridge Yacht Club and what are their salaries?
The average compensation at Coral Ridge Yacht Club during 2023 was $19,036. There are 117 employees and 40 volunteers at Coral Ridge Yacht Club.
Here are 15 key members and their salaries:
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- Compensation: $239,677
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- Other: $12,677
- Compensation: $140,131
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- Other: $2,974
- Compensation: $109,110
- Related: $0
- Other: $1,027
Official website here: www.coralridgeyachtclub.com
Where can I find the form 990 for Coral Ridge Yacht Club?
Coral Ridge Yacht Club's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.coralridgeyachtclub.com
Learn more at the official website: www.coralridgeyachtclub.com
Mission Statement of Coral Ridge Yacht Club
Coral Ridge Yacht Club's mission lies in bringing its members together under a shared purpose, primarily aimed at pleasure and recreation. This nonprofit organization strives to accomplish this by providing various amenities that cater to its members' needs. These include serving delicious food, refreshing beverages, engaging entertainment, and dockage facilities for their yachts. By doing so, Coral Ridge Yacht Club successfully fosters a sense of camaraderie and unity among its members, all while offering them a delightful and recreational experience.
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Impact
October, 2024
Coral Ridge Yacht Club fosters a vibrant community focused on pleasure and recreation, bringing members together under a shared passion for yachting and maritime activities. By providing essential amenities such as food, beverages, entertainment, and dockage, the club enhances the yachting experience for its members, encouraging social interaction and camaraderie. Located in Fort Lauderdale, Florida, the club serves as a hub for recreational activities, promoting a sense of belonging and shared enjoyment among its members. The impact of Coral Ridge Yacht Club extends beyond its facilities, as it cultivates a strong community centered around shared interests, ultimately enriching the local culture and lifestyle.
This information is meant to be a general summary of Coral Ridge 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $31,455
- Program Service Revenue: $3,348,965
- Gross Receipts: $6,186,824
Assets and Liabilities:
- Total Assets: $9,093,521
- Total Liabilities: $6,621,934
- Net Assets: $2,471,587
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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
$2,346,575
DOCKS
Revenue
$1,002,390
Organization Details
Founding Year
1978
Principal Officer
Maynard Hellman
Website
www.coralridgeyachtclub.comNTEE Category
Code: N50 - Recreation
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