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: $589,686
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
What is the revenue of St Thomas Yacht Club Inc?
St Thomas Yacht Club Inc's revenue in 2024 was $1,561,544.
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 2024 was $10,530. There are 56 employees and 47 volunteers at St Thomas Yacht Club Inc.
Here are 12 key members and their salaries:
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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 2024 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $1
- Program Service Revenue: $771,915
- Gross Receipts: $1,754,590
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
$341,211
JUNIOR SAILING AND CAMPS
Revenue
$266,712
MOORINGS AND LICENSES
Revenue
$119,534
COURT SPORTS
Revenue
$44,458
Organization Details
Founding Year
1964
Principal Officer
Benjamin P Stewart
Website
www.stthomasyachtclub.orgNTEE Category
Code: N50 - Recreation
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