Bird Key Yacht Club Inc

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

EIN: 590906195 ✦ Sarasota, FL ✦ Designated as a 501(c)(7)

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Overview

What is Bird Key Yacht Club Inc?

Bird Key Yacht Club Inc, located in Sarasota, Florida, serves as a hub for yacht enthusiasts and sailing enthusiasts. With a membership base, the club offers a variety of amenities, including entertainment, dining, and beverage options, as well as marina facilities. The club's mission is to foster a love for yachting and develop seafaring skills through recreational activities, all aimed at providing enjoyable experiences for its members and their guests. The organization employs a team of 88 individuals to maintain these facilities and services.

Is Bird Key Yacht Club Inc legitimate?

Bird Key Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Bird Key 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: $167,307
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,737,488

For more financial information, click here

What is the mission statement of Bird Key Yacht Club Inc?

The mission of Bird Key Yacht Club Inc is centered around providing enjoyable boat and social facilities and services for its members. The primary objective is to encourage yachting and improve navigation skills through proficiency in seamanship. To achieve this, the club offers various recreational activities, entertainment, food, beverage, and marina facilities for members and their guests. The club's purpose is to foster a community that appreciates yachting and sailing, promoting camaraderie and shared experiences among its members.

What is the revenue of Bird Key Yacht Club Inc?

Bird Key Yacht Club Inc's revenue in 2023 was $4,074,827.

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

The average compensation at Bird Key Yacht Club Inc during 2023 was $21,894. There are 87 employees at Bird Key Yacht Club Inc.

Here are 12 key members and their salaries:


Michael Landis (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Britt (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Havasy (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curtis Nothstine (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Bolton (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Travis (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Hunter (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Dewitt (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patti Lowe (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colin Wood (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Horton (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Hackney (General Manager)
  • Compensation: $144,615
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bird Key Yacht Club Inc?

Bird Key Yacht Club Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Bird Key Yacht Club Inc

Bird Key Yacht Club Inc, a recreational organization, is dedicated to offering boat and social facilities and services for the enjoyment of its members. Its mission is to cater to its members' leisure activities, providing them with entertainment, food, beverages, and marina facilities. By doing so, the club encourages yachting and fosters proficiency in seamanship and navigation among its members.

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Impact




October, 2024

Bird Key Yacht Club Inc plays a vital role in enhancing the recreational landscape of Sarasota, Florida, by providing entertainment, dining, and marina facilities. The club promotes yachting and fosters skills in seamanship and navigation among its members and their guests. Through its activities, it cultivates a community centered around boating, social interaction, and skill development, creating a welcoming environment for those who share a passion for maritime pursuits. By bringing people together, Bird Key Yacht Club Inc enriches the local culture and contributes to the vibrancy of the Sarasota area, ensuring a greater appreciation for recreational boating and social engagement.




This information is meant to be a general summary of Bird Key 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
$4,074,827 (2023)
Expenses
$4,045,548 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,269
  • Program Service Revenue: $3,015,630
  • Gross Receipts: $4,814,203

Assets and Liabilities:

  • Total Assets: $9,830,418
  • Total Liabilities: $5,205,436
  • Net Assets: $4,624,982

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Programs

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

MEMBER DUES AND INITIATION FEES

Revenue

$2,963,031

OTHER REVENUES

Revenue

$52,599

Organization Details

Founding Year

1960

Principal Officer

Tammy Hackney

NTEE Category

Code: N50 - Recreation

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