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New Orleans Yacht Club

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

EIN: 720629892 ✦ New orleans, LA ✦ Designated as a 501(c)(7)

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Overview

What is New Orleans Yacht Club?

The New Orleans Yacht Club, located at 403 N Roadway Street, New Orleans, LA 70124, is a nonprofit organization dedicated to the promotion of yachting, boat and yacht racing, seamanship, and camaraderie. The club's primary facility is its clubhouse, which serves as a hub for administrative operations, classes, meetings, banquets, and social functions. The clubhouse features classrooms, restroom and shower facilities, banquet rooms, meeting rooms, a kitchen, a bar, and a boat storage area with both floating and fixed docks. The clubhouse is essential for organizing pre- and post-regatta activities, storing equipment, and hosting social events. The New Orleans Yacht Club's mission is to provide a platform for its members to engage in boating activities, foster athletic and social pursuits, and encourage fellowship within the nautical community. The organization is staffed by a team of eight individuals.


Official website here: www.noyc.org

What do the Facebook reviews say about New Orleans Yacht Club?

90% of 241 reviewers on Facebook recommend the New Orleans Yacht Club. Here's a summary of their reviews:

Many patrons highlight the exceptional service and friendly staff, with specific praise for a waitress who went above and beyond in assisting guests. The quality of the food is also frequently mentioned as excellent, contributing to a positive dining experience.

Overall, the sentiment towards the New Orleans Yacht Club is very favorable, with visitors expressing a strong desire to return based on their enjoyable experiences.


This AI summary has been generated from reviews found on Facebook.

Is New Orleans Yacht Club legitimate?

New Orleans Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. New Orleans Yacht Club 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: $63,826
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,653

For more financial information, click here


Official website here: www.noyc.org

What is the mission statement of New Orleans Yacht Club?

The New Orleans Yacht Club's mission is primarily focused on promoting the field of yachting and boat racing. This includes advancing the science of sailing and seamanship. The club also strives to establish and maintain a clubhouse, encouraging physical activities and fellowship among its members. Additionally, the club aims to foster other lawful social activities for its members. The clubhouse serves as the administrative hub and base for all club activities, offering various facilities such as classrooms, meeting rooms, and boat storage areas. It plays a crucial role in organizing regattas, storing equipment, and hosting social functions.


Official website here: www.noyc.org

Who is the CEO of New Orleans Yacht Club?

Louis Lambou is the Commodore of New Orleans Yacht Club.


Official website here: www.noyc.org

What is the revenue of New Orleans Yacht Club?

New Orleans Yacht Club's revenue in 2021 was $293,213.


Official website here: www.noyc.org

Who are the executives of New Orleans Yacht Club and what are their salaries?

The average compensation at New Orleans Yacht Club during 2021 was $9,685. There are 8 employees and 50 volunteers at New Orleans Yacht Club.


Here are 12 key members and their salaries:


Ryan Bancroft (Board At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Bradford (Board At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karl Hudson (Board At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gilbert Maclachlan (Board At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Willis (Board At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Lambou (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Grisoli (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elliot Brett (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Daigle (Past Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Backus (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Spangenberg (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Wolf (Manager)
  • Compensation: $52,000
  • Related: $0
  • Other: $11,626


Official website here: www.noyc.org

Where can I find the form 990 for New Orleans Yacht Club?

New Orleans Yacht Club's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.noyc.org

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

Mission Statement of New Orleans Yacht Club

The New Orleans Yacht Club, in its mission, aims to foster the study of yachting and boat racing, enhance seafaring skills, and encourage camaraderie among its members. The organization strives to uphold this objective by operating and maintaining a clubhouse that serves as a central hub for its operations. This clubhouse, which is open six days a week throughout the year, houses administrative offices, classrooms, restroom and shower facilities, banquet rooms, meeting rooms, a kitchen, a bar, and a boat storage area with both floating and fixed docks. This base of operations is essential for organizing pre- and post-regatta activities, storing regatta equipment, and hosting various social functions for the club members. The New Orleans Yacht Club's mission is to establish a conducive environment for promoting the science of yachting, boat and yacht racing, seafaring skills, and fellowship among its members, thereby fostering lawful social activities.

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Impact




October, 2024

The New Orleans Yacht Club significantly influences the local community by promoting the science of yachting, fostering boat and yacht racing, and enhancing seamanship and social fellowship among its members. Its clubhouse serves as a vital hub for various activities, ensuring a centralized location for administrative operations, educational programs, and social gatherings. This facility provides classrooms, meeting rooms, and amenities that support pre and post-regatta organization, making it a critical asset for hosting events and facilitating social interactions among members.

By encouraging athletic pursuits and recreational activities, the club nurtures a culture of teamwork and camaraderie, benefiting both seasoned sailors and newcomers alike. This commitment to seafaring skills and community engagement strengthens the local maritime culture, making the New Orleans Yacht Club a cornerstone of the region's maritime lifestyle. Its efforts not only enhance the individual skills of members but also contribute to the overall vibrancy and cohesion of the community through organized events and fellowship opportunities.




This information is meant to be a general summary of New Orleans Yacht Club. 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
$293,213 (2021)
Expenses
$317,031 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $3,357
  • Program Service Revenue: $214,197
  • Gross Receipts: $387,658

Assets and Liabilities:

  • Total Assets: $473,861
  • Total Liabilities: $76,977
  • Net Assets: $396,884

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Programs

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

MEMBER DUES & CONTRIBU

Revenue

$171,562

REGISTRATION FEES

Revenue

$25,156

INITIATION FEES

Revenue

$15,155

OTHER MEMBER INCOME

Revenue

$2,324

Organization Details

Founding Year

1949

Principal Officer

Louis Lambou

Main Address

403 N ROADWAY ST, NEW ORLEANS, LA, 70124

NTEE Category

Code: N67 - Recreation

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