Tahoe Yacht Club

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

EIN: 946103596 ✦ Tahoe city, CA ✦ Designated as a 501(c)(7)

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Overview

What is Tahoe Yacht Club?

The Tahoe Yacht Club, situated in Tahoe City, California, is a nonprofit organization with a membership of approximately 465 individuals. Their mission is to foster a sense of camaraderie among members and guests, achieving this through an array of year-round boating, social, and recreational activities. The club's primary focus is on creating a welcoming environment, fostering connections among its members and guests. With a modest workforce of 13 employees, the Tahoe Yacht Club serves as a hub for community engagement and leisure activities.


Official website here: www.tahoeyc.com

Is Tahoe Yacht Club legitimate?

Tahoe Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Tahoe 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: $153,796

For more financial information, click here


Official website here: www.tahoeyc.com

What is the mission statement of Tahoe Yacht Club?

The Tahoe Yacht Club's mission is centered around fostering camaraderie among its members and guests. They achieve this by organizing a variety of activities throughout the year, encompassing both boating and recreational pursuits, as well as social events. In doing so, they strive to create a welcoming atmosphere where members and guests can interact and enjoy shared experiences. The club's membership program and social events cater to approximately 465 members.


Official website here: www.tahoeyc.com

Who is the CEO of Tahoe Yacht Club?

Vincent Forte is the Director of Tahoe Yacht Club.


Official website here: www.tahoeyc.com

What is the revenue of Tahoe Yacht Club?

Tahoe Yacht Club's revenue in 2022 was $782,046.


Official website here: www.tahoeyc.com

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

The average compensation at Tahoe Yacht Club during 2022 was $11,830. There are 13 employees and 40 volunteers at Tahoe Yacht Club.


Here are 11 key members and their salaries:


Bruce Fetter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara Calegari (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent Forte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Krivan (Sr Staff Commod)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Arno (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heidi Bensley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Sakrison (Jr Staff Commod)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sol Gold (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Mullen (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Holiday (Port Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Landgraf (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tahoeyc.com

Where can I find the form 990 for Tahoe Yacht Club?

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


Official website here: www.tahoeyc.com

Learn more at the official website: www.tahoeyc.com

Mission Statement of Tahoe Yacht Club

Tahoe Yacht Club, an organization dedicated to fostering a sense of camaraderie, welcomes both its members and guests by organizing a variety of year-round boating, social, and recreational activities. Its primary objective is to create an inviting atmosphere that encourages social interaction and shared experiences among its members. The club's mission is not just limited to water-based activities; it extends to include a wide array of social events designed to engage and entertain its approximately 465 members.

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Impact




October, 2024

Tahoe Yacht Club fosters a vibrant community through its year-round boating, social, and recreational activities. By promoting camaraderie among its approximately 465 members and guests, the club creates an inclusive and welcoming environment that enhances social connections and enjoyment of the natural beauty of Tahoe City, CA. The diverse membership programs and social events not only enrich the experiences of individuals but also contribute to the local culture and sense of community, encouraging collaboration and friendship among boating enthusiasts.




This information is meant to be a general summary of Tahoe 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
$782,046 (2022)
Expenses
$633,666 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,916
  • Program Service Revenue: $519,455
  • Gross Receipts: $869,125

Assets and Liabilities:

  • Total Assets: $1,091,024
  • Total Liabilities: $200,713
  • Net Assets: $890,311

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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

$455,489

SOCIAL EVENTS

Revenue

$45,756

ON WATER INCOME & SPONSOR

Revenue

$18,210

Organization Details

Founding Year

1956

Principal Officer

Vincent Forte

Main Address

PO BOX 7620, TAHOE CITY, CA, 96145

NTEE Category

Code: N50 - Recreation

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