Overview
What is Naples Yacht Club Inc?
Naples Yacht Club Inc, located in Naples, Florida, is a private yacht and social club, primarily catering to its members. Established with the aim of promoting yachting and offering an enjoyable boating experience, the club boasts top-notch facilities and activities for its members. The club's core mission involves encouraging a social atmosphere while offering excellent boating opportunities. During the 2021-2022 fiscal year, the club's dining facility generated substantial revenue, with food and beverage sales totaling $3,253,270. Notably, non-member-related sales amounted to $451,283. With a dedicated workforce of 97 employees, the Naples Yacht Club Inc continues to serve its members with dedication and commitment.
Official website here: www.naplesyc.org
Is Naples Yacht Club Inc legitimate?
Naples Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Naples 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: $411,307
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,157,921
For more financial information, click here
Official website here: www.naplesyc.org
What is the mission statement of Naples Yacht Club Inc?
The Naples Yacht Club Inc., being a private entity, is primarily established for the enjoyment and leisure of its members. Its mission involves fostering the sport of yachting and providing exceptional boating facilities and activities. Additionally, the club strives to cultivate a welcoming social environment for its members. The club also operates a dining facility for the benefit of its members, with food and beverage sales totaling $3,253,270 in the year ending September 30, 2022, with a portion of $451,283 coming from non-members.
Official website here: www.naplesyc.org
Who is the CEO of Naples Yacht Club Inc?
Joseph W Mcclanathan is the Commodore of Naples Yacht Club Inc.
Official website here: www.naplesyc.org
What is the revenue of Naples Yacht Club Inc?
Naples Yacht Club Inc's revenue in 2022 was $7,694,247.
Official website here: www.naplesyc.org
Who are the executives of Naples Yacht Club Inc and what are their salaries?
The average compensation at Naples Yacht Club Inc during 2022 was $47,105. There are 97 employees and 25 volunteers at Naples Yacht Club Inc.
Here are 13 key members and their salaries:
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- Compensation: $253,356
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- Other: $9,572
- Compensation: $181,418
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- Other: $0
Official website here: www.naplesyc.org
Where can I find the form 990 for Naples Yacht Club Inc?
Naples Yacht Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.naplesyc.org
Learn more at the official website: www.naplesyc.org
Mission Statement of Naples Yacht Club Inc
Naples Yacht Club Inc, a private yacht and social club, is dedicated to providing a enjoyable and recreational experience for its members. The club's mission is twofold: firstly, it encourages the sport of yaching by offering excellent boating facilities and activities. Secondly, it fosters a warm and inviting social environment within its membership. To achieve this, Naples Yacht Club Inc maintains a dining facility for the benefit of its members. In the fiscal year ending September 30, 2022, the club's food and beverage sales totaled $3,253,270, with $451,283 coming from non-members.
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Impact
October, 2024
Naples Yacht Club Inc significantly enhances the local community through its commitment to recreational activities and social engagement. By providing a premier yacht and social club experience, it fosters a vibrant environment for its members. The club encourages the sport of yachting, offering excellent boating facilities and promoting various related activities that enhance the skills and enjoyment of its members.
In addition to its recreational offerings, the club's dining facility contributes to the local economy, with food and beverage sales exceeding $3.2 million, a portion of which supports local businesses and services. This economic activity not only provides jobs but also stimulates growth in various sectors within Naples.
Furthermore, the club’s “by invitation only” membership policy ensures an exclusive atmosphere that attracts individuals who appreciate quality leisure experiences, thereby enriching the social fabric of the community. Overall, Naples Yacht Club Inc plays a crucial role in promoting social interaction, recreational pursuits, and economic vitality in Naples.
This information is meant to be a general summary of Naples 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 2022.
- Investment Income: -$45,646
- Program Service Revenue: $5,117,130
- Gross Receipts: $9,670,675
Assets and Liabilities:
- Total Assets: $23,135,295
- Total Liabilities: $6,314,175
- Net Assets: $16,821,120
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$4,277,440
MARINA INCOME
Revenue
$615,703
SERVICE CHARGES
Revenue
$173,322
SERVICE REVENUE
Revenue
$50,665
Organization Details
Founding Year
1947
Phone
(239) 262-6648Principal Officer
Joseph W Mcclanathan
Main Address
700 14TH AVENUE SOUTH, NAPLES, FL, 34102
Website
www.naplesyc.orgNTEE Category
Code: N50 - Recreation
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