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Isles Yacht Club Inc

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

EIN: 591673859 ✦ Punta gorda, FL ✦ Designated as a 501(c)(7)

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Overview

What is Isles Yacht Club Inc?

Isles Yacht Club Inc, situated in Punta Gorda, Florida, serves as a private social club exclusively for its members and their guests. The organization's primary focus is to offer boating facilities, fostering good boating practices and marine competition. Additionally, it provides various recreational sports amenities such as tennis courts, a swimming pool, and a fitness center to enhance its members' experiences. Operating under Florida Statute Section 61A-3.019, the club's liquor license restricts the sale and service of alcoholic beverages to only its bona fide members and their guests, ensuring a controlled environment for its members' enjoyment.


Official website here: www.islesyc.com

Is Isles Yacht Club Inc legitimate?

Isles Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Isles 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: $199,489
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.islesyc.com

What is the mission statement of Isles Yacht Club Inc?

The Isles Yacht Club Inc's mission is centered around providing a range of facilities for its members and their guests. These facilities include boating amenities, tennis courts, a swimming pool, and a fitness and activities center, aiming to promote a social atmosphere and encourage interaction among its members. Additionally, the club is committed to promoting good boating practices and marine competition. The club operates a full-service restaurant, exclusively for its members and their guests, adhering to certain liquor license regulations.


Official website here: www.islesyc.com

Who is the CEO of Isles Yacht Club Inc?

John Kk Williams is the General Mana of Isles Yacht Club Inc.


Official website here: www.islesyc.com

What is the revenue of Isles Yacht Club Inc?

Isles Yacht Club Inc's revenue in 2023 was $2,539,368.


Official website here: www.islesyc.com

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

There 200 volunteers at Isles Yacht Club Inc.


Here are 13 key members and their salaries:


John Kk Williams (General Mana)
  • Compensation: $199,489
  • Related: $0
  • Other: $14,823
Rudy Askew (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Avallone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Barcic (Rear Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Benson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Busch (Vice Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Leyshon (Fleet Captai)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Macmahon (Commordore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Nuzzo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vicki Riggs (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Sisk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Weisenbeck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Wooley (Financial Of)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.islesyc.com

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

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


Official website here: www.islesyc.com

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

Mission Statement of Isles Yacht Club Inc

Isles Yacht Club Inc is dedicated to providing a range of facilities for its members and their guests. Its primary mission is to promote good boating practices and marine competition, fostering a sense of camaraderie among its members. Additionally, the club offers various recreational sports facilities, such as tennis courts, a swimming pool, and a fitness and activities center, to enhance the overall experience of its members. The club encourages social interaction, providing a platform for its members to engage in shared activities and build lasting relationships.

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Impact




October, 2024

Isles Yacht Club Inc significantly enhances the local community by offering comprehensive boating and social facilities tailored for its members and guests. It fosters a culture of good boating practices and marine competition, which contributes to the preservation and enjoyment of the waterways.

The club features a full-service restaurant exclusively for members, further promoting camaraderie and social interaction among the community. By providing additional recreational amenities, such as tennis courts, a swimming pool, and a fitness and activities center, Isles Yacht Club Inc encourages an active lifestyle and strengthens community bonds. Its emphasis on member-centered activities ensures a vibrant social atmosphere, benefiting both personal well-being and community spirit in Punta Gorda, FL.




This information is meant to be a general summary of Isles 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
$2,539,368 (2023)
Expenses
$2,342,849 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $833
  • Program Service Revenue: $2,245,822
  • Gross Receipts: $4,694,240

Assets and Liabilities:

  • Total Assets: $7,154,944
  • Total Liabilities: $2,663,223
  • Net Assets: $4,491,721

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Programs

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

MEMBERSHIP DUES

Revenue

$2,071,077

DOCKAGE

Revenue

$137,980

ADVERTISING

Revenue

$26,354

DOCKAGE - NONMEMBER

Revenue

$10,411

Organization Details

Founding Year

1976

Principal Officer

John Kk Williams

Main Address

1780 W MARION AVENUE, PUNTA GORDA, FL, 33950

NTEE Category

Code: N50 - Recreation

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