Half Moon Bay Yacht Club Corp

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

EIN: 942724329 ✦ El granada, CA ✦ Designated as a 501(c)(7)

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Overview

What is Half Moon Bay Yacht Club Corp?

Half Moon Bay Yacht Club Corp is a nonprofit organization situated in El Granada, California. Their primary objective is to offer Coastside residents an opportunity to understand and experience the advantages of sailing and water safety, adhering to US Coast Guard rules and regulations. Their mission is to establish a secure environment for coastal inhabitants to engage in various aspects of responsible sailing and boating, all while adhering to US Coast Guard regulations. With a team of 14 individuals, they strive to promote safety and knowledge in the nautical realm.


Official website here: www.hmbyc.org

Is Half Moon Bay Yacht Club Corp legitimate?

Half Moon Bay Yacht Club Corp is a legitimate nonprofit organization registered as a 501(c)(7) entity. Half Moon Bay Yacht Club Corp 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: $44,093

For more financial information, click here


Official website here: www.hmbyc.org

What is the mission statement of Half Moon Bay Yacht Club Corp?

The Half Moon Bay Yacht Club Corp's mission is centered around establishing a secure environment for individuals to engage in various aspects of responsible sailing and boating, adhering to the guidelines set by the United States Coast Guard (USCG). Their primary objective is to offer coastal residents an opportunity to grasp the advantages of safe sailing and water safety, as governed by USCG regulations. The club's purpose is not limited to sailing but encompasses all facets of responsible boating under these regulations.


Official website here: www.hmbyc.org

Who is the CEO of Half Moon Bay Yacht Club Corp?

Wade Painter is the Director At of Half Moon Bay Yacht Club Corp.


Official website here: www.hmbyc.org

What is the revenue of Half Moon Bay Yacht Club Corp?

Half Moon Bay Yacht Club Corp's revenue in 2022 was $487,711.


Official website here: www.hmbyc.org

Who are the executives of Half Moon Bay Yacht Club Corp and what are their salaries?

The average compensation at Half Moon Bay Yacht Club Corp during 2022 was $3,150. There are 14 employees and 150 volunteers at Half Moon Bay Yacht Club Corp.


Here are 10 key members and their salaries:


Spencer Nassar (Director At)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Rockmore (Director At)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Allanson (Rear Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Conte (Port Capital)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Huddle (Vice-Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sanjay Israni (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Lucero (Membership)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danielle Mihalkanin (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wade Painter (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Richards (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hmbyc.org

Where can I find the form 990 for Half Moon Bay Yacht Club Corp?

Half Moon Bay Yacht Club Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hmbyc.org

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

Mission Statement of Half Moon Bay Yacht Club Corp

Half Moon Bay Yacht Club Corp is dedicated to establishing a secure environment where individuals can engage in responsible sailing and boating activities, adhering to United States Coast Guard (USCG) rules and regulations. The organization's primary goal is to offer Coastsiders an opportunity to learn and appreciate the advantages of safe sailing and water safety, all while adhering to USCG guidelines. By fostering a culture of responsible boating, Half Moon Bay Yacht Club Corp aims to promote safety and enjoyment for all who participate in these activities.

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Impact




October, 2024

The Half Moon Bay Yacht Club Corp plays a vital role in promoting safe sailing and boating practices among the local community. By providing education on US Coast Guard rules and regulations, it fosters a culture of responsible water activity, enhancing the safety of both novice and experienced boaters in the region.

Through various programs and initiatives, the club encourages citizens of the Coastside to embrace the benefits of safe sailing. This not only improves individual skills but also contributes to the overall safety and enjoyment of the local waters. The environmental awareness fostered by the club also promotes a sense of stewardship towards the coastal ecosystem.

Furthermore, the club's activities bring together a community of like-minded individuals, enhancing social connections and fostering a spirit of collaboration among residents. By creating a safe and engaging environment for maritime activities, the Half Moon Bay Yacht Club Corp significantly impacts the recreational landscape of El Granada and surrounding areas.




This information is meant to be a general summary of Half Moon Bay Yacht Club Corp. 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
$487,711 (2022)
Expenses
$396,533 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $25
  • Program Service Revenue: $388,715
  • Gross Receipts: $545,325

Assets and Liabilities:

  • Total Assets: $1,015,297
  • Total Liabilities: $455,990
  • Net Assets: $559,307

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Programs

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

MEMBERSHIP DUES

Revenue

$338,008

SAILING REVENUES (MEMBERS)

Revenue

$50,707

Organization Details

Founding Year

1979

Principal Officer

Wade Painter

Main Address

PO BOX 52, EL GRANADA, CA, 94018

NTEE Category

Code: N50 - Recreation

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