Vallejo Yacht Club Inc

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

EIN: 940949825 ✦ Vallejo, CA ✦ Designated as a 501(c)(7)

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Overview

What is Vallejo Yacht Club Inc?

Vallejo Yacht Club Inc, based in Vallejo, California, serves as a nonprofit organization dedicated to supporting boaters. With a team of three dedicated individuals, they provide a range of programs and social activities designed to educate and promote boating among their members. Their mission revolves around fostering a community that values and appreciates the art of boating, offering opportunities for members to learn and grow in their boating skills. The club's activities are geared towards both recreation and education, making it an invaluable resource for boat enthusiasts in the area.


Official website here: www.vyc.org

What do the Facebook reviews say about Vallejo Yacht Club Inc?

92% of 54 reviewers on Facebook recommend Vallejo Yacht Club Inc. Here's a summary of their reviews:

Many users express a strong sense of community surrounding the yacht club, highlighting the cleanliness and friendliness of the area. The environment is described as inviting, with lots of families and pets making the most of the beautiful surroundings.

Overall, it seems that this nonprofit successfully fosters a welcoming atmosphere and a positive experience for visitors, contributing to the community's joy and engagement.


This AI summary has been generated from reviews found on Facebook.

Is Vallejo Yacht Club Inc legitimate?

Vallejo Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Vallejo Yacht Club Inc 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: $103,410

For more financial information, click here


Official website here: www.vyc.org

What is the mission statement of Vallejo Yacht Club Inc?

The Vallejo Yacht Club Inc, in its mission, focuses on providing boaters with a variety of programs and social activities. This initiative serves to educate and promote boating among its members. By offering these activities, the club aims to foster a deeper understanding and appreciation for boating among its members. This mission is carried out through the organization of events and programs that cater to the interests and needs of boaters, thereby enriching their boating experiences.


Official website here: www.vyc.org

Who is the CEO of Vallejo Yacht Club Inc?

Robert Lockhart is the Treasurer of Vallejo Yacht Club Inc.


Official website here: www.vyc.org

What is the revenue of Vallejo Yacht Club Inc?

Vallejo Yacht Club Inc's revenue in 2023 was $878,527.


Official website here: www.vyc.org

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

The average compensation at Vallejo Yacht Club Inc during 2023 was $34,470. There are 3 employees and 100 volunteers at Vallejo Yacht Club Inc.


Here are 5 key members and their salaries:


Robert Lockhart (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Green (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Haydock (Ommodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elvin Valverde (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hugo Knef (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.vyc.org

Where can I find the form 990 for Vallejo Yacht Club Inc?

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


Official website here: www.vyc.org

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

Mission Statement of Vallejo Yacht Club Inc

Vallejo Yacht Club Inc is dedicated to offering boaters a variety of educational and social programs that foster a deeper understanding and appreciation of boating. This nonprofit organization's mission revolves around promoting boating knowledge among its members, providing them with engaging activities that enhance their boating skills and experiences. By offering these programs, Vallejo Yacht Club Inc plays a significant role in enriching the boating community, encouraging safe and enjoyable boating experiences for all its members.

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Impact




October, 2024

Vallejo Yacht Club Inc significantly enriches the boating community by offering a range of programs and social activities designed to enhance the knowledge and enjoyment of boating among its members. By facilitating education on boating safety, navigation, and maintenance, the club fosters a culture of informed and responsible boating practices.

Through organized events and social gatherings, the club encourages camaraderie among boaters, creating a supportive network where members can share experiences, tips, and resources. This engagement not only strengthens relationships within the boating community but also helps to promote the overall health and vitality of maritime activities in Vallejo.

Furthermore, the club's commitment to boating education contributes to increased safety on the water, which benefits not only its members but also the wider community. By inspiring a passion for boating, Vallejo Yacht Club Inc plays a vital role in preserving and promoting maritime traditions in the region.




This information is meant to be a general summary of Vallejo Yacht Club Inc. 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
$878,527 (2023)
Expenses
$746,698 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $137
  • Program Service Revenue: $779,712
  • Gross Receipts: $984,106

Assets and Liabilities:

  • Total Assets: $4,178,510
  • Total Liabilities: $1,335,009
  • Net Assets: $2,843,501

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Programs

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

BERTHS & HARBORS

Revenue

$573,348

Membership Dues & Assessments

Revenue

$202,237

SAILING PROGRAM

Revenue

$4,127

Organization Details

Founding Year

1954

Principal Officer

Robert Lockhart

Main Address

485 MARE ISLAND WAY, VALLEJO, CA, 94590

NTEE Category

Code: N50 - Recreation

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