Marin Yacht Club

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

EIN: 940655572 ✦ San rafael, CA ✦ Designated as a 501(c)(7)

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Overview

What is Marin Yacht Club?

The Marin Yacht Club is a community-focused organization, situated in an undisclosed location. Its primary purpose is to offer a social environment and recreational opportunities for its members, while promoting and enhancing their skills in yachting. This includes cultivating proficiency in navigation and sailing techniques. The club is committed to providing facilities and services that cater to the needs of its members, thereby fostering a sense of camaraderie and shared passion for yachting.

Is Marin Yacht Club legitimate?

Marin Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Marin 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: $247,859

For more financial information, click here

What is the mission statement of Marin Yacht Club?

The Marin Yacht Club's mission is centered around providing benefits to its members, with a focus on yachting. The club aims to foster and encourage yachting, enhancing members' navigation skills and yacht handling abilities. Additionally, it promotes the art of sailing yachts and offers facilities and services to its members, contributing to their recreational enjoyment. In essence, the Marin Yacht Club is dedicated to enhancing its members' yachting experience and proficiency.

Who is the CEO of Marin Yacht Club?

Dave Sexton is the Commodore of Marin Yacht Club.

What is the revenue of Marin Yacht Club?

Marin Yacht Club's revenue in 2022 was $1,153,212.

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

The average compensation at Marin Yacht Club during 2022 was $30,982. There are 8 employees at Marin Yacht Club.


Here are 10 key members and their salaries:


Brent Zerull (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Moraes (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Simpson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Okoniewski (Staff Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Sexton (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Rhoads (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Diefendorf (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Minahen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Winston (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Stuckey (Staff Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Marin Yacht Club?

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

Mission Statement of Marin Yacht Club

The Marin Yacht Club, a social club, is dedicated to enhancing the leisure and recreational experiences of its members. Its mission extends beyond mere entertainment, as it also aims to cultivate an interest in yachting and boost the competence of its members in the areas of navigation and sailing yachts. The club takes pride in offering facilities and services that cater to its members' needs, fostering a sense of community and camaraderie among them.

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Impact




October, 2024

Marin Yacht Club significantly enhances the social and recreational experiences of its members in San Rafael, CA. By fostering a community centered around yachting, the club not only promotes the enjoyment of sailing but also cultivates skills in navigation and yacht handling. Members benefit from a range of facilities and services designed to support their nautical pursuits, creating an environment that encourages learning and camaraderie. This focus on recreational activities not only enriches individual members’ lives but also contributes to a vibrant local maritime culture, enhancing the overall quality of life in the community.




This information is meant to be a general summary of Marin 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
$1,153,212 (2022)
Expenses
$960,710 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$1,113
  • Program Service Revenue: $1,131,456
  • Gross Receipts: $1,409,922

Assets and Liabilities:

  • Total Assets: $4,271,834
  • Total Liabilities: $190,098
  • Net Assets: $4,081,736

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Programs

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

Membership Dues & Assessments

Revenue

$1,131,456

Organization Details

Founding Year

1935

Principal Officer

Dave Sexton

Main Address

24 SUMMIT AVENUE, SAN RAFAEL, CA, 94901

NTEE Category

Code: N03 - Recreation

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