Poulsbo Yacht Club

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

EIN: 916069045 ✦ Poulsbo, WA ✦ Designated as a 501(c)(7)

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Overview

What is Poulsbo Yacht Club?

The Poulsbo Yacht Club, situated in Poulsbo, Washington, is a nonprofit organization dedicated to fostering watercraft usage for leisure and social activities. With a partial ownership of the local marina, the club offers approximately 25% of its slips to its members. Moreover, the club supports the development of sailing skills in young individuals through its sponsored junior sailing program. The club's mission encompasses maintaining and overseeing a marina, clubhouse, and other necessary facilities for its members' enjoyment. The organization currently employs a team of four individuals.


Official website here: www.poulsboyachtclub.org

Is Poulsbo Yacht Club legitimate?

Poulsbo Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Poulsbo 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: $12,673

For more financial information, click here


Official website here: www.poulsboyachtclub.org

What is the mission statement of Poulsbo Yacht Club?

The Poulsbo Yacht Club serves as a social club, fostering recreational boating activities in the Pacific Northwest. Its primary mission involves maintaining a marina, clubhouse, and other supporting facilities for the use of its members. The club is also actively engaged in promoting watercraft utilization for leisure purposes. Additionally, the Poulsbo Yacht Club sponsors a junior sailing program, aiming to educate local youth in sailing skills.


Official website here: www.poulsboyachtclub.org

Who is the CEO of Poulsbo Yacht Club?

Linda Dykeman is the Trustee of Poulsbo Yacht Club.


Official website here: www.poulsboyachtclub.org

What is the revenue of Poulsbo Yacht Club?

Poulsbo Yacht Club's revenue in 2023 was $461,289.


Official website here: www.poulsboyachtclub.org

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

The average compensation at Poulsbo Yacht Club during 2023 was $3,168. There are 4 employees and 11 volunteers at Poulsbo Yacht Club.


Here are 11 key members and their salaries:


Todd Hankins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Werner (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joy Hanson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Owen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Valladarez (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy Sue Drury (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Dingels (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Holt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Whiteley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Mitchell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Dykeman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.poulsboyachtclub.org

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

Poulsbo Yacht Club's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.poulsboyachtclub.org

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

Mission Statement of Poulsbo Yacht Club

The Poulsbo Yacht Club, as a social club, is committed to fostering recreational boating activities in the Pacific Northwest. The club's mission is evident in its ownership and maintenance of a marina, clubhouse, and other supporting facilities, which are exclusively for the use of its members. The marina, which holds around a quarter of the available slips, serves as a hub for club activities and provides a convenient base for members' watercraft. Beyond this, the Poulsbo Yacht Club also supports the development of young sailors through its sponsored junior sailing program. This program aims to teach sailing skills to local youth, encouraging a love for the water and the sport.

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Impact




October, 2024

Poulsbo Yacht Club plays a significant role in fostering a vibrant boating community in the Pacific Northwest. By promoting recreational boating, it enhances social interaction among members while providing essential facilities that support maritime activities. The club's partial ownership of the marina, which includes about 25% of available slips, facilitates access to boating for its members, helping to cultivate a passion for the water.

In addition to its focus on recreational boating, Poulsbo Yacht Club is committed to nurturing the next generation through its junior sailing program. This initiative equips local youth with essential sailing skills, instilling confidence and passion for the sport. Such programs not only promote skill development but also foster a sense of community among participants and their families.

Overall, Poulsbo Yacht Club significantly contributes to the local culture, waterways, and community life, making it a pivotal institution for social and recreational boating in the region.




This information is meant to be a general summary of Poulsbo 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
$461,289 (2023)
Expenses
$359,206 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $15,836
  • Program Service Revenue: $205,200
  • Gross Receipts: $476,828

Assets and Liabilities:

  • Total Assets: $1,993,809
  • Total Liabilities: $45,831
  • Net Assets: $1,947,978

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Programs

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

Marina

Revenue

$137,099

Junior Sailing

Revenue

$23,629

Social Events

Revenue

$28,575

Boating

Revenue

$12,547

Club House

Revenue

$3,350

Organization Details

Founding Year

1956

Principal Officer

Linda Dykeman

Main Address

18109 Fjord Drive Ste Suite T, Poulsbo, WA, 98370

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