Overview
What is Melbourne Yacht Club Inc?
Melbourne Yacht Club Inc, located at 1202 River Drive, Melbourne, Florida, is a nonprofit organization with a mission to stimulate and educate interest in boating and yachting. Their primary goal is to promote the science of navigation and the art of seamanship, fostering a sense of camaraderie among members and other yachtsmen and clubs. With a team of seven dedicated individuals, Melbourne Yacht Club Inc aims to educate the general public on the joys and benefits of boating and yachting. This nonprofit organization serves as a hub for yacht enthusiasts, fostering a sense of community and promoting the appreciation of boating and seamanship.
Is Melbourne Yacht Club Inc legitimate?
Melbourne Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Melbourne 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: $48,112
For more financial information, click here
What is the mission statement of Melbourne Yacht Club Inc?
The Melbourne Yacht Club Inc's mission is centered around fostering an interest in boating and yachting, with a focus on enhancing the knowledge of navigation and sailing skills. The club aims to promote camaraderie among its members and other yachtsmen, fostering a sense of unity within the boating community. The primary objective is to educate both club members and the general public on the advantages of boating and yachting. The club's activities are geared towards advancing the science and art of seamanship, ultimately encouraging a fraternal spirit within the boating world.
Who is the CEO of Melbourne Yacht Club Inc?
Robert Scott is the Treasurer of Melbourne Yacht Club Inc.
What is the revenue of Melbourne Yacht Club Inc?
Melbourne Yacht Club Inc's revenue in 2023 was $394,713.
Who are the executives of Melbourne Yacht Club Inc and what are their salaries?
The average compensation at Melbourne Yacht Club Inc during 2023 was $6,873. There are 7 employees at Melbourne Yacht Club Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Melbourne Yacht Club Inc?
Melbourne Yacht Club Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Melbourne Yacht Club Inc
Melbourne Yacht Club Inc, as a nonprofit organization, is committed to fostering and encouraging an interest in boating and yachting. This mission aims to further the understanding of navigation and enhance the skills in seamanship. The club also strives to cultivate a sense of camaraderie among its members and other yachtsmen and clubs. In essence, Melbourne Yacht Club Inc seeks to promote a harmonious environment where individuals can share their passion for boating and yachting while learning from each other.
To achieve this mission, Melbourne Yacht Club Inc focuses on educating both its members and the general public about the advantages of boating and yachting. By doing so, the club hopes to inspire more people to engage in these activities, thereby expanding the boating community. This educational approach is instrumental in advancing the science of navigation and refining the art of seamanship, ultimately benefiting both the club members and the broader boating community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Melbourne Yacht Club Inc plays a significant role in stimulating and educating the community's interest in boating and yachting, enhancing skills in navigation, and promoting seamanship. By fostering a fraternal spirit among its members and extending this camaraderie to other yachtsmen and clubs, it creates a vibrant network of boating enthusiasts. The club actively engages the general public, sharing the numerous benefits of boating and yachting, which not only enriches individual experiences but also strengthens community ties. Through its activities, the club encourages recreational engagement and skill development, contributing positively to the local culture and economy in Melbourne, FL.
This information is meant to be a general summary of Melbourne 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 2023.
- Program Service Revenue: $258,975
- Gross Receipts: $394,713
Assets and Liabilities:
- Total Assets: $1,377,786
- Total Liabilities: $682,866
- Net Assets: $694,920
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Club operations
Revenue
$60,562
Dockage and Storage Fee
Revenue
$124,562
Regatta fees and sales
Revenue
$11,064
Youth sailing class
Revenue
$62,605
Organization Details
Founding Year
1947
Principal Officer
Robert Scott
Main Address
1202 River Drive, Melbourne, FL, 329017334
NTEE Category
Code: N50 - Recreation
If you are a representative of Melbourne Yacht Club Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.