Miami Yacht Club Inc

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

EIN: 590681086 ✦ Miami, FL ✦ Designated as a 501(c)(7)

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Overview

What is Miami Yacht Club Inc?

Miami Yacht Club Inc is a nonprofit organization with a primary mission to foster the popular sport of sailing and various other water-related activities. Established with this vision, they work diligently to promote these water-based activities among their community. The specifics of their activities and endeavors are not detailed in the provided information, but their commitment to sailing and related water sports is clear.


Official website here: www.miamiyachtclub.com

Is Miami Yacht Club Inc legitimate?

Miami Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Miami 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: $291,011

For more financial information, click here


Official website here: www.miamiyachtclub.com

What is the mission statement of Miami Yacht Club Inc?

Miami Yacht Club Inc's mission is centered around promoting the popular sport of sailing and various other water-related activities. The organization strives to foster an interest in these aquatic activities, encouraging engagement and participation among individuals. By doing so, they aim to contribute to the development and enhancement of sailing and related water sports. The club may also provide resources, events, or educational programs to support and engage the sailing community.


Official website here: www.miamiyachtclub.com

Who is the CEO of Miami Yacht Club Inc?

Mark Ingraham is the Board Member of Miami Yacht Club Inc.


Official website here: www.miamiyachtclub.com

What is the revenue of Miami Yacht Club Inc?

Miami Yacht Club Inc's revenue in 2022 was $989,334.


Official website here: www.miamiyachtclub.com

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

The average compensation at Miami Yacht Club Inc during 2022 was $22,385. There are 13 employees at Miami Yacht Club Inc.


Here are 20 key members and their salaries:


Pepe Almeida (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Carlin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Copeland (Vice Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Faircloth (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Felix (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Flood (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Hall (Staff Commod)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Hollenbeck (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ian Holtzworth (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Santiago Holz (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Ingraham (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Mcdougall (Rear Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gus Monge (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Morel (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew Mouacdie (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Philips (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Porter (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Powers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Sapp (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Zaffuto (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.miamiyachtclub.com

Where can I find the form 990 for Miami Yacht Club Inc?

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


Official website here: www.miamiyachtclub.com

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

Mission Statement of Miami Yacht Club Inc

Miami Yacht Club Inc, as its mission statement suggests, is dedicated to propagating the sport of sailing and various water-related activities. The organization's primary objective is to encourage the participation and enjoyment of sailing and related water activities among individuals. By doing so, Miami Yacht Club Inc aims to foster a sense of community and camaraderie among its members and the wider public interested in the sport. The club's activities encompass a broad spectrum, promoting water sports that offer both recreational and competitive opportunities.

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Impact




October, 2024

Miami Yacht Club Inc actively promotes the sport of sailing and other water-related activities, fostering a strong community oriented toward recreation and outdoor engagement. By offering programs and events centered around sailing, the club enhances access to this sport for individuals and families in the Miami area, encouraging participation across various skill levels.

The club's initiatives not only promote physical activity but also nurture a love for the water and marine environment. This engagement contributes to building lifelong skills in sailing and water safety, while also fostering camaraderie among members. Furthermore, Miami Yacht Club Inc helps to raise awareness about the importance of preserving waterways, integrating environmental stewardship into its mission. Through its activities, it creates a vibrant, inclusive sailing community that enriches the local cultural landscape and promotes a healthier lifestyle on the water.




This information is meant to be a general summary of Miami 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
$989,334 (2022)
Expenses
$873,590 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $839,438
  • Gross Receipts: $1,181,206

Assets and Liabilities:

  • Total Assets: $701,719
  • Total Liabilities: $52,926
  • Net Assets: $648,793

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Programs

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

YACHT CLUB ACITIVITIES

Revenue

$620,252

MEMBERSHIP DUES

Revenue

$219,186

Organization Details

Founding Year

1963

Principal Officer

Mark Ingraham

Main Address

1001 MACARTHUR CAUSEWAY, MIAMI, FL, 33132

NTEE Category

Code: N03 - Recreation

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