International Yacht Brokers Association Inc

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

EIN: 650015349 ✦ Fort lauderdale, FL ✦ Designated as a 501(c)(6)

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Overview

What is International Yacht Brokers Association Inc?

The International Yacht Brokers Association Inc, based in Fort Lauderdale, Florida, serves as a unifying force for individuals engaged in the yacht brokerage business. With a focus on fostering professionalism and cooperation among its members, the organization aims to uphold a superior standard of conduct in yacht brokerage transactions. The association boasts over 1,800 individual members and employs a team of eight dedicated professionals. Its mission is to promote and maintain this high standard, thereby strengthening the yacht brokerage industry as a whole.


Official website here: www.iyba.yachts

Is International Yacht Brokers Association Inc legitimate?

International Yacht Brokers Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. International Yacht Brokers Association 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: $253,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $184,255

For more financial information, click here


Official website here: www.iyba.yachts

What is the mission statement of International Yacht Brokers Association Inc?

The International Yacht Brokers Association Inc serves to bring together individuals involved in the yacht brokerage business, fostering professionalism and cooperation among its members. One of its primary objectives is to uphold a high standard of conduct in the yacht brokerage business transactions. The association aims to benefit its over 1,800 members by promoting unity and advancing professional practices in the industry.


Official website here: www.iyba.yachts

Who is the CEO of International Yacht Brokers Association Inc?

Paul Flannery is the President of International Yacht Brokers Association Inc.


Official website here: www.iyba.yachts

What is the revenue of International Yacht Brokers Association Inc?

International Yacht Brokers Association Inc's revenue in 2022 was $1,831,177.


Official website here: www.iyba.yachts

Who are the executives of International Yacht Brokers Association Inc and what are their salaries?

The average compensation at International Yacht Brokers Association Inc during 2022 was $54,657. There are 8 employees at International Yacht Brokers Association Inc.


Here are 12 key members and their salaries:


Bob Saxon (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Smith (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grant Henderson (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Stanley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trevor Carroll (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Burkard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Cashman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Corts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Denison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Miles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Scalisi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Flannery (Executive Di)
  • Compensation: $253,000
  • Related: $0
  • Other: $0


Official website here: www.iyba.yachts

Where can I find the form 990 for International Yacht Brokers Association Inc?

International Yacht Brokers Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.iyba.yachts

Learn more at the official website: www.iyba.yachts

Mission Statement of International Yacht Brokers Association Inc

The International Yacht Brokers Association Inc, a significant organization, is dedicated to bringing together individuals engaged in the yacht brokerage business. Its primary objective is to foster professionalism and cooperation among its members, thereby promoting a high standard of conduct in the yacht brokerage business. This association strives to unite its members, providing them with a platform to collaborate and uphold ethical practices in their transactions. As a result, the International Yacht Brokers Association Inc has benefited over 1,818 individual members, contributing to a more professional and cooperative yacht brokerage industry.

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Impact




October, 2024

The International Yacht Brokers Association Inc significantly impacts the yacht brokerage industry by fostering professionalism and cooperation among its members. By uniting individuals engaged in yacht brokerage, it creates a collaborative environment that enhances the quality of service provided to clients. The organization prioritizes maintaining high standards of conduct, which not only uplifts individual practices but also elevates the industry as a whole.

With over 1,818 individual members benefiting from its initiatives, the association plays a crucial role in promoting ethical standards and practices within yacht transactions. This focus on professionalism contributes to a more trustworthy and reliable marketplace, encouraging both buyers and sellers to engage in the yacht brokerage process with confidence. As a result, the International Yacht Brokers Association Inc not only strengthens professional relationships within the industry but also plays a vital role in community improvement through its adherence to high ethical standards.




This information is meant to be a general summary of International Yacht Brokers Association 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
$1,831,177 (2022)
Expenses
$1,523,104 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $41,447
  • Program Service Revenue: $1,303,079
  • Gross Receipts: $1,831,177

Assets and Liabilities:

  • Total Assets: $2,573,068
  • Total Liabilities: $419,893
  • Net Assets: $2,153,175

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Programs

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

BOAT SHOW

Revenue

$736,290

DUES

Revenue

$352,079

MLS SUBSCRIPTIONS

Revenue

$214,710

Organization Details

Founding Year

1987

Principal Officer

Paul Flannery

Main Address

1845 CORDOVA ROAD SUITE 205, FORT LAUDERDALE, FL, 33316

NTEE Category

Code: S41 - Community improvement

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