Overview
What is Portland Yacht Club?
Portland Yacht Club, established in 1908, is a nonprofit organization situated in Portland, Oregon. Its primary objective is to foster an interest in yachting sport, offering a clubhouse, moorage, and facilities for its members. The club serves as a platform for yachting enthusiasts to bond and share their passion, promoting camaraderie within the community. With a team of 51 dedicated individuals, Portland Yacht Club continues to uphold its mission of providing a conducive environment for its members to enjoy the sport.
Official website here: www.portlandyc.com
Is Portland Yacht Club legitimate?
Portland Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Portland 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: $919,182
For more financial information, click here
Official website here: www.portlandyc.com
What is the mission statement of Portland Yacht Club?
The Portland Yacht Club, established in 1908, was founded with the primary objective of fostering a general interest in the sport of yachting. The club provides a clubhouse, moorage, and facilities for its members, serving as a platform for camaraderie among yachting enthusiasts. The organization's purpose is also to offer a social environment, encouraging good fellowship among its devoted members.
Official website here: www.portlandyc.com
What is the revenue of Portland Yacht Club?
Portland Yacht Club's revenue in 2023 was $2,701,449.
Official website here: www.portlandyc.com
Who are the executives of Portland Yacht Club and what are their salaries?
The average compensation at Portland Yacht Club during 2023 was $18,023. There are 51 employees at Portland Yacht Club.
Here are 9 key members and their salaries:
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Official website here: www.portlandyc.com
Where can I find the form 990 for Portland Yacht Club?
Portland Yacht Club's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.portlandyc.com
Learn more at the official website: www.portlandyc.com
Mission Statement of Portland Yacht Club
Portland Yacht Club, established in 1908, was founded with a primary objective of fostering an interest in the sport of yachting. The organization serves this purpose by providing a clubhouse, moorage, and facilities for its members. These facilities are intended to encourage camaraderie among yachting enthusiasts. In essence, Portland Yacht Club's mission is to promote the sport of yachting and offer a social platform for those passionate about it, enabling a harmonious atmosphere among yachting devotees.
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Impact
October, 2024
The Portland Yacht Club has been a cornerstone of the yachting community since its establishment in 1908, fostering a rich culture of sailing and camaraderie among its members. By promoting the sport of yachting, the club encourages both recreational and competitive sailing, enhancing the overall interest in marine activities in the Portland area.
With its clubhouse and moorage facilities, the club provides valuable resources that support a vibrant maritime lifestyle. Members are offered a space for gatherings, fostering relationships and connections within the community, which strengthens engagement in yachting activities. The club acts as a hub for events, races, and social functions that not only benefit its members but also contribute to the local economy and tourism.
The impact of the Portland Yacht Club extends beyond its members; it cultivates a passion for sailing that enriches the community, promotes environmental stewardship of local waterways, and provides opportunities for education and skill development in boating. Through its ongoing commitment to good fellowship and the promotion of yachting, the Portland Yacht Club plays a significant role in shaping the sailing culture of the region.
This information is meant to be a general summary of Portland 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 2023.
- Investment Income: $2,931
- Program Service Revenue: $1,778,867
- Gross Receipts: $2,756,621
Assets and Liabilities:
- Total Assets: $10,390,560
- Total Liabilities: $4,480,762
- Net Assets: $5,909,798
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP ACTIVITIES
Revenue
$1,066,644
MOORAGE FEES
Revenue
$677,495
BOATHOUSE RENT
Revenue
$18,544
OTHER REVENUE
Revenue
$16,184
Organization Details
Founding Year
1908
Principal Officer
Ron Hodgson
Website
www.portlandyc.comNTEE Category
Code: N50 - Recreation
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