Tacoma Yacht Club

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

EIN: 910435740 ✦ Tacoma, WA ✦ Designated as a 501(c)(7)

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Overview

What is Tacoma Yacht Club?

Tacoma Yacht Club is a nonprofit organization situated in Tacoma, Washington, with the postal address 5401 Yacht Club Road, 98407. Its primary mission is to foster the sport of yachting, enhance seafaring skills, and offer suitable clubhouse and mooring facilities for its members. The club provides both mooring spaces and dining opportunities, catering to its members' needs and leisure activities related to yachting. With a dedicated workforce of 39 individuals, Tacoma Yacht Club continues to promote nautical interests and offer a conducive environment for its members.


Official website here: www.tacomayachtclub.org

Is Tacoma Yacht Club legitimate?

Tacoma Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Tacoma 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: $129,828
Professional Fundraising Fees: $0
Other Salaries and Wages: $822,737

For more financial information, click here


Official website here: www.tacomayachtclub.org

What is the mission statement of Tacoma Yacht Club?

The Tacoma Yacht Club's mission is primarily focused on encouraging the sport of yachting and enhancing the knowledge of seamanship and navigation. The club strives to provide and maintain a suitable clubhouse and moorage facilities for its members, allowing them to enjoy recreational activities. By doing so, the Tacoma Yacht Club aims to foster a community that shares a passion for yachting, while also promoting the scientific aspects of sailing. Additionally, the club offers moorage and dining opportunities to its members, providing a social and recreational environment.


Official website here: www.tacomayachtclub.org

Who is the CEO of Tacoma Yacht Club?

Jamelle Garcia is the Commodore of Tacoma Yacht Club.


Official website here: www.tacomayachtclub.org

What is the revenue of Tacoma Yacht Club?

Tacoma Yacht Club's revenue in 2022 was $3,962,244.


Official website here: www.tacomayachtclub.org

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

The average compensation at Tacoma Yacht Club during 2022 was $24,425. There are 39 employees at Tacoma Yacht Club.


Here are 10 key members and their salaries:


Lance Lindsley (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $3,000
Carissa Milligan (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $3,000
Aaron Bredeson (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $3,000
David Bender (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Wojtanowicz (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Matson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamelle Garcia (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allyson Swan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Neal (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Johnson (General Manager)
  • Compensation: $117,792
  • Related: $0
  • Other: $8,228


Official website here: www.tacomayachtclub.org

Where can I find the form 990 for Tacoma Yacht Club?

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


Official website here: www.tacomayachtclub.org

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

Mission Statement of Tacoma Yacht Club

Tacoma Yacht Club, as an organization, is committed to encouraging the sport of yachting and fostering the science of seamanship and navigation. Its mission is multifaceted, encompassing the provision and maintenance of suitable moorage and clubhouse facilities for its members. By offering these amenities, the club aims to cater to the recreational needs of its members, providing them with a suitable environment for enjoying their passion for yachting. The Tacoma Yacht Club also plays a role in maintaining a clubhouse, ensuring it remains suitable for its members to utilize. This commitment to its members extends beyond providing moorage and dining opportunities; it also seeks to promote the camaraderie and shared interest in yachting that binds its members together.

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Impact




October, 2024

Tacoma Yacht Club plays a significant role in promoting the sport of yachting and enhancing the recreational experience for its members. By providing suitable moorage and clubhouse facilities, it creates a welcoming environment for boating enthusiasts in Tacoma, WA. The club not only facilitates access to the water but also fosters a community where members can engage with each other, share knowledge about seamanship and navigation, and enjoy social dining opportunities. This sense of camaraderie and shared passion for yachting contributes to the vitality of the local maritime culture, encouraging more people to participate in recreational boating and enhancing the overall lifestyle in the region.




This information is meant to be a general summary of Tacoma 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
$3,962,244 (2022)
Expenses
$3,772,238 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $49,333
  • Program Service Revenue: $3,572,232
  • Gross Receipts: $4,042,536

Assets and Liabilities:

  • Total Assets: $6,649,938
  • Total Liabilities: $2,502,740
  • Net Assets: $4,147,198

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Programs

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

MOORAGE

Revenue

$1,644,825

MEMBERSHIP DUES

Revenue

$1,009,732

RESTAURANT AND BAR

Revenue

$795,025

INITIATION FEES

Revenue

$114,317

JUNIOR SAILING CLUB

Revenue

$8,333

Organization Details

Founding Year

1908

Principal Officer

Jamelle Garcia

Main Address

5401 YACHT CLUB RD, TACOMA, WA, 98407

NTEE Category

Code: N50 - Recreation

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