Overview
What is Houston Yacht Club?
The Houston Yacht Club, situated in La Porte, Texas, serves as a community hub for its approximately 350 members, their families, and guests. This nonprofit organization is dedicated to fostering the sport of yachting and sailing, as well as related activities. The club offers a variety of social activities, including food service, and provides educational programs to cultivate knowledge in yachting and water safety. Additionally, the Houston Yacht Club boasts boat storage facilities and hosts numerous racing competitions and educational events for adults. A significant focus lies in nurturing the younger generation through dedicated youth programs, nurturing a love for yachting and promoting water safety. The club's mission is to encourage fellowship within the yachting community, contributing to an engaging and supportive environment for its members.
Official website here: www.houstonyachtclub.com
Is Houston Yacht Club legitimate?
Houston Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Houston 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: $119,645
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,000,605
For more financial information, click here
Official website here: www.houstonyachtclub.com
What is the mission statement of Houston Yacht Club?
The Houston Yacht Club's mission is centered around fostering the sport of yachting and sailing, as well as related activities. The primary objective is to encourage and support these activities within their community. Beyond this, the club aims to offer fellowship and camaraderie among its members who share an interest in yachting. To achieve these goals, the Houston Yacht Club provides a variety of offerings, such as educational programs, social activities, and boat storage facilities. The club places a significant emphasis on youth programs and adult racing events, reflecting its dedication to nurturing the sport among all age groups.
Official website here: www.houstonyachtclub.com
Who is the CEO of Houston Yacht Club?
Ken Humphries is the Vice Commodore of Houston Yacht Club.
Official website here: www.houstonyachtclub.com
What is the revenue of Houston Yacht Club?
Houston Yacht Club's revenue in 2022 was $3,717,655.
Official website here: www.houstonyachtclub.com
Who are the executives of Houston Yacht Club and what are their salaries?
The average compensation at Houston Yacht Club during 2022 was $13,662. There are 82 employees and 50 volunteers at Houston Yacht Club.
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- Compensation: $118,881
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- Other: $4,645
Official website here: www.houstonyachtclub.com
Where can I find the form 990 for Houston Yacht Club?
Houston Yacht Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.houstonyachtclub.com
Learn more at the official website: www.houstonyachtclub.com
Mission Statement of Houston Yacht Club
The Houston Yacht Club, a vibrant organization, is dedicated to promoting and fostering the sport of yachting and sailing, as well as related activities. Its primary objective is to cultivate a sense of camaraderie within the yachting community. To accomplish this, the Club offers a variety of activities, including educational programs, social events, and boat storage facilities. The emphasis is particularly strong on youth programs and competitive racing, education, and yachting events. The Houston Yacht Club serves as a hub for its approximately 350 members, their families, and guests, providing them with opportunities to grow their knowledge and skills in yachting.
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Impact
October, 2024
Houston Yacht Club plays a significant role in promoting yachting, sailing, and water safety in the La Porte community and beyond. With approximately 350 members, the Club fosters a vibrant social atmosphere through various activities, including food service and community events. Its strong emphasis on educational programs ensures that both youth and adults can develop their skills in yachting and racing.
The Club's educational initiatives are particularly impactful, as they provide essential training in water safety and sailing techniques, paving the way for safer and more skilled participants in water activities. By organizing racing competitions and events, it not only enhances the competitive spirit but also builds camaraderie among members, strengthening the overall yachting community.
Moreover, the Club’s facilities, which include boat storage, enable members to engage actively in yachting without logistical challenges. Through its dedicated efforts to encourage fellowship and skill development in boating, Houston Yacht Club significantly enriches the recreational landscape while promoting safe and responsible engagement with water activities.
This information is meant to be a general summary of Houston 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $524
- Program Service Revenue: $3,239,033
- Gross Receipts: $3,805,271
Assets and Liabilities:
- Total Assets: $4,008,033
- Total Liabilities: $2,746,919
- Net Assets: $1,261,114
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership dues and fees
Revenue
$1,351,757
Dinning room and bar
Revenue
$886,104
Harbor rental and fees
Revenue
$594,634
Race and regatta
Revenue
$215,711
Youth activities
Revenue
$142,151
Organization Details
Founding Year
1936
Phone
(281) 471-1255Principal Officer
Ken Humphries
Main Address
PO Box 1276, La Porte, TX, 77572
Website
www.houstonyachtclub.comNTEE Category
Code: N50 - Recreation
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