Padre Island Yacht Club

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

EIN: 742491234 ✦ Corpus christi, TX ✦ Designated as a 501(c)(7)

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Overview

What is Padre Island Yacht Club?

The Padre Island Yacht Club, situated in Corpus Christi, Texas, serves as a social or recreational hub with a primary focus on boating and education. Its mission encompasses promoting boating activities, providing educational opportunities, and fostering social enjoyment for its members. The club is committed to educating its members on boating, ensuring a safe and enjoyable experience for all.

Is Padre Island Yacht Club legitimate?

Padre Island Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Padre Island 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Padre Island Yacht Club?

The Padre Island Yacht Club, serving as a social or recreational club, is dedicated to promoting boating, education, and leisure activities. Its primary focus is on boater education, aimed at enhancing safety and knowledge in the boating community. Additionally, the club provides an environment for its members to enjoy social gatherings and recreational activities, fostering a sense of camaraderie and shared interests.

What is the revenue of Padre Island Yacht Club?

Padre Island Yacht Club's revenue in 2024 was $252,667.

Who are the executives of Padre Island Yacht Club and what are their salaries?

There 75 volunteers at Padre Island Yacht Club.

Here are 9 key members and their salaries:


Drew Diggins (Past Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Hettick (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Aylesworth (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Schaeffer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Iwaniak (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Elledge (Communications Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Lockman (Cruise Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Silberberg (Social Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Schultz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Padre Island Yacht Club?

Padre Island Yacht Club's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Padre Island Yacht Club

Padre Island Yacht Club, as a social or country club located in an unspecified location, is committed to promoting boating, education, and recreation. Its mission encompasses fostering boater education and providing a platform for social enjoyment. By focusing on these areas, the club aims to engage its members in activities that combine the thrill of boating with the opportunity for personal growth and camaraderie.

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Impact




October, 2024

Padre Island Yacht Club significantly enhances the community in Corpus Christi, TX, by fostering a vibrant culture of boating, education, and recreation. Its commitment to boater education ensures that members and the wider community are informed about safe boating practices, promoting responsible enjoyment of the waterways.

The club serves as a social hub for individuals and families, providing numerous opportunities for social interaction and enjoyment among boating enthusiasts. By organizing recreational activities and events, it enriches the local lifestyle and encourages a sense of camaraderie among members.

Additionally, the focus on education and recreation not only nurtures a passion for the outdoors but also supports the local economy through increased tourism and participation in recreational activities. Overall, Padre Island Yacht Club plays a vital role in enhancing community engagement, promoting safe boating, and fostering a love for the waterfront.




This information is meant to be a general summary of Padre Island 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
$252,667 (2024)
Expenses
$193,670 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $8,804
  • Program Service Revenue: $138,244
  • Gross Receipts: $252,667

Assets and Liabilities:

  • Total Assets: $471,139
  • Total Liabilities: $8,641
  • Net Assets: $462,498

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Programs

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

MEMBERSHIP DUES

Revenue

$138,244

Organization Details

Founding Year

1986

Principal Officer

Linda Schaeffer

NTEE Category

Code: N50 - Recreation

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