Platinum Point Yacht Club Inc

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

EIN: 592601311 ✦ Punta gorda, FL ✦ Designated as a 501(c)(7)

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Overview

What is Platinum Point Yacht Club Inc?

Platinum Point Yacht Club Inc, situated in Punta Gorda, Florida, serves as a social and educational boat club. Its primary objective is to foster a community that promotes camaraderie and learning among its members, with a focus on boating activities. This nonprofit organization offers a platform for social interaction and educational opportunities related to boating.


Official website here: www.ppycbsm.org

Is Platinum Point Yacht Club Inc legitimate?

Platinum Point Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Platinum Point 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: $32,778

For more financial information, click here


Official website here: www.ppycbsm.org

What is the mission statement of Platinum Point Yacht Club Inc?

The Platinum Point Yacht Club's mission, as a social and educational boat club, is centered around fostering a social environment and promoting learning related to boating. This mission is geared towards providing its members with a platform for social interaction and educational opportunities in the realm of boating. The club aims to create a conducive atmosphere that encourages camaraderie and knowledge sharing among its members.


Official website here: www.ppycbsm.org

Who is the CEO of Platinum Point Yacht Club Inc?

David Isley is the Director of Platinum Point Yacht Club Inc.


Official website here: www.ppycbsm.org

What is the revenue of Platinum Point Yacht Club Inc?

Platinum Point Yacht Club Inc's revenue in 2022 was $206,689.


Official website here: www.ppycbsm.org

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

The average compensation at Platinum Point Yacht Club Inc during 2022 was $16,389. There are 2 employees at Platinum Point Yacht Club Inc.


Here are 15 key members and their salaries:


Tom Gannon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vanessa Jordan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Mcdonnell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Mckane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew Myers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Ramsey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Sauer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Segger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Broxterman (Rear Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeri Butler (Vice Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carmen Comite (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Isley (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Jordan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rusty Stewart (Past Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ppycbsm.org

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

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


Official website here: www.ppycbsm.org

Learn more at the official website: www.ppycbsm.org

Mission Statement of Platinum Point Yacht Club Inc

Platinum Point Yacht Club, a social or country club, is dedicated to serving its community in Punta Gorda with a mission centered around social and educational boat activities. This nonprofit organization strives to create an environment that encourages camaraderie and knowledge-sharing, focusing on the boating experience as a means to foster connections and promote learning.

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Impact




October, 2024

Platinum Point Yacht Club Inc significantly enriches the community in Punta Gorda, FL, by fostering a vibrant social and educational environment focused on boating and maritime activities. Through its commitment to social engagement, the club serves as a hub for boating enthusiasts, facilitating gatherings that promote camaraderie among members.

The club also plays a crucial role in education, offering programs and workshops that enhance members' knowledge of boating safety, navigation skills, and environmental stewardship. This emphasis on educational initiatives not only improves the individual skills and safety of its members but also contributes positively to the local boating culture, ensuring responsible and sustainable practices on the waterways.

Additionally, Platinum Point Yacht Club captures the essence of community spirit by encouraging participation in various recreational activities, from sailing to social events, which strengthens relationships among members and their families. The club's activities and programs also attract visitors and new residents to the area, contributing to the local economy and promoting Punta Gorda as a destination for boating enthusiasts. Overall, Platinum Point Yacht Club Inc has a multi-faceted impact that enhances social interaction, education, and community engagement in the region.




This information is meant to be a general summary of Platinum Point 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
$206,689 (2022)
Expenses
$195,974 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $927
  • Program Service Revenue: $165,843
  • Gross Receipts: $232,494

Assets and Liabilities:

  • Total Assets: $1,416,063
  • Total Liabilities: $285,091
  • Net Assets: $1,130,972

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Programs

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

DUES

Revenue

$126,425

SOCIAL ACTIVITIES

Revenue

$18,516

INITIATION FEES

Revenue

$15,750

CRUISE REGISTRATIONS

Revenue

$2,685

CLUB RACES

Revenue

$2,467

Organization Details

Founding Year

1984

Principal Officer

David Isley

Main Address

3601 CAPE COLE BLVD, PUNTA GORDA, FL, 33955

NTEE Category

Code: N50 - Recreation

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