Overview
What is The San Francisco Yacht Club?
The San Francisco Yacht Club, located at 98 Beach Road, Belvedere, California 94920, is a 501(c)(7) exempt social club dedicated to providing pleasurable and recreational experiences for its members. With a team of 91 employees, the club offers a variety of social and recreational programs as outlined in Part VIII of its operations. While specific activities are not disclosed due to the "See Schedule O" mention, the club's mission is to cater solely to the social and recreational benefits of its members.
Official website here: www.sfyc.org
Is The San Francisco Yacht Club legitimate?
The San Francisco Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. The San Francisco 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: $420,696
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,934,469
For more financial information, click here
Official website here: www.sfyc.org
What is the mission statement of The San Francisco Yacht Club?
The San Francisco Yacht Club serves as an exempt social club under IRC Section 501(C)(7), primarily focusing on the pleasure and recreation of its members. The organization's activities are largely organized and operated with the sole purpose of providing social and recreational benefits to its members. The club offers a variety of programs that cater to this purpose, as outlined in Part VIII of their operations.
Official website here: www.sfyc.org
What is the revenue of The San Francisco Yacht Club?
The San Francisco Yacht Club's revenue in 2023 was $8,066,265.
Official website here: www.sfyc.org
Who are the executives of The San Francisco Yacht Club and what are their salaries?
The average compensation at The San Francisco Yacht Club during 2023 was $31,954. There are 105 employees and 125 volunteers at The San Francisco Yacht Club.
Here are 16 key members and their salaries:
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- Compensation: $243,349
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- Compensation: $134,037
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- Other: $10,215
- Compensation: $141,154
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- Other: $14,297
- Compensation: $144,702
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- Compensation: $111,446
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- Other: $13,761
Official website here: www.sfyc.org
Where can I find the form 990 for The San Francisco Yacht Club?
The San Francisco Yacht Club's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sfyc.org
Learn more at the official website: www.sfyc.org
Mission Statement of The San Francisco Yacht Club
The San Francisco Yacht Club, as an exempt social club under IRC Section 501(C)(7), is primarily focused on providing social and recreational benefits to its members. The organization's mission is substantially organized and operated with the sole purpose of offering pleasure and recreation to its members. All the activities and programs of the club are aligned with this objective, ensuring a comprehensive social and recreational experience for its members. The club's extensive list of programs can be found in Part VIII, implying a diverse range of activities designed to cater to the varied interests and needs of its members.
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Impact
October, 2024
The San Francisco Yacht Club fosters a vibrant community focused on social and recreational activities for its members. By providing a variety of programs that emphasize pleasure and recreation, the club enhances the quality of life for its participants. Members enjoy opportunities for social interaction, networking, and camaraderie through organized events and shared interests in sailing and water activities.
Located in Belvedere, California, the club contributes to the local culture by promoting maritime traditions and skills, which also supports the local economy through events and tourism related to yachting. Its presence enriches the community by attracting marine enthusiasts and fostering a sense of belonging among those who share a passion for water sports. Overall, The San Francisco Yacht Club plays a significant role in enhancing the social fabric of the region while championing recreational pursuits.
This information is meant to be a general summary of The San Francisco 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: $87,988
- Program Service Revenue: $5,423,706
- Gross Receipts: $9,074,532
Assets and Liabilities:
- Total Assets: $21,535,474
- Total Liabilities: $6,217,063
- Net Assets: $15,318,411
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$3,010,297
BERTH RENTAL
Revenue
$1,571,683
YOUTH SAILING
Revenue
$680,631
REGATTAS
Revenue
$92,424
AUXILIARY
Revenue
$68,671
Organization Details
Founding Year
1873
Principal Officer
Jennifer Dailey
Website
www.sfyc.orgNTEE Category
Code: N50 - Recreation
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