St Thomas Yacht Club Inc

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

EIN: 670253644 ✦ St thomas, VI ✦ Designated as a 501(c)(7)

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Overview

What is St Thomas Yacht Club Inc?

St. Thomas Yacht Club Inc. is a dedicated nonprofit organization, headquartered unspecified, with the primary mission of promoting and nurturing the sports of sailing, yacht racing, and court sports on a global scale. Their activities and purpose revolve around fostering these sports at local, national, and international levels. They are committed to encouraging participation and development in these sports, thereby contributing to the growth of the sailing and court sports communities on a global scale.


Official website here: www.stthomasyachtclub.org/

Is St Thomas Yacht Club Inc legitimate?

St Thomas Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. St Thomas 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: $199,419

For more financial information, click here


Official website here: www.stthomasyachtclub.org/

What is the mission statement of St Thomas Yacht Club Inc?

St. Thomas Yacht Club Inc. is dedicated to promoting and encouraging the growth of sailing, yacht racing, and court sports at a local, national, and international level. Their primary objective is to foster these sports, aiming to engage individuals on a broad scale. The club's mission is to support and develop these sports, contributing to a vibrant and inclusive community of enthusiasts worldwide.


Official website here: www.stthomasyachtclub.org/

Who is the CEO of St Thomas Yacht Club Inc?

Emily Zimmerman is the Commodore of St Thomas Yacht Club Inc.


Official website here: www.stthomasyachtclub.org/

What is the revenue of St Thomas Yacht Club Inc?

St Thomas Yacht Club Inc's revenue in 2022 was $1,677,739.


Official website here: www.stthomasyachtclub.org/

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

The average compensation at St Thomas Yacht Club Inc during 2022 was $3,561. There are 56 employees and 47 volunteers at St Thomas Yacht Club Inc.


Here are 11 key members and their salaries:


Emily Zimmerman (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christian Rosenberg (Vice Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marston J Winkles (Rear Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin P Stewart (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danielle Nairns (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hollis Jenkins (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Newbold (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Hunter (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew De Laive (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Majette (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Martin (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.stthomasyachtclub.org/

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

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


Official website here: www.stthomasyachtclub.org/

Learn more at the official website: www.stthomasyachtclub.org/

Mission Statement of St Thomas Yacht Club Inc

St. Thomas Yacht Club Inc, as a dedicated organization, is committed to advancing and nurturing the passion for sailing, yacht racing, and court sports on a broad scale. Their mission is to promote and encourage the growth of these sports on a local, national, and international level. By doing so, they aim to contribute to the development and engagement of individuals who share an interest in these activities, fostering a sense of community and camaraderie among participants.

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Impact




October, 2024

St. Thomas Yacht Club Inc plays a pivotal role in promoting and fostering the sports of sailing, yacht racing, and court sports, significantly enhancing the local, national, and international sporting community. By organizing competitions and events, the club not only elevates the standard of these sports but also fosters camaraderie and sportsmanship among participants.

Located in St. Thomas, VI, the club serves as a hub for both competitive and recreational activities, attracting sailors and athletes from various backgrounds. Its efforts have encouraged tourism to the region, bolstering the local economy and spotlighting St. Thomas as a prime destination for water and court sports enthusiasts.

The organization’s commitment to cultivating these sports also contributes to the development of skills and knowledge among younger generations, ensuring the sustainability and longevity of sailing and court sports. Through its activities, St. Thomas Yacht Club Inc creates a vibrant community, enriching the cultural and recreational landscape of the area.




This information is meant to be a general summary of St Thomas 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
$1,677,739 (2022)
Expenses
$1,779,271 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,798
  • Program Service Revenue: $738,016
  • Gross Receipts: $1,893,378

Assets and Liabilities:

  • Total Assets: $983,702
  • Total Liabilities: $850,430
  • Net Assets: $133,272

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Programs

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

SAILING AND BOATING

Revenue

$376,014

JUNIOR SAILING AND CAMPS

Revenue

$250,785

MOORINGS AND LOCKERS

Revenue

$106,623

COURT SPORTS

Revenue

$4,594

Organization Details

Founding Year

1964

Principal Officer

Emily Zimmerman

Main Address

6224 ESTATE NAZARETH, ST THOMAS, VI, 00802

NTEE Category

Code: N50 - Recreation

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