Santa Barbara Yacht Club

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

EIN: 951711329 ✦ Santa barbara, CA ✦ Designated as a 501(c)(7)

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Overview

What is Santa Barbara Yacht Club?

The Santa Barbara Yacht Club is a nonprofit organization, situated in its community, with a primary focus on fostering yachting activities, enhancing seafaring skills, preserving maritime heritage, and catering to the social and recreational needs of its members. By managing yachting activities, the club aims to advance the art and science of seamanship, upholding maritime tradition while simultaneously considering the needs of its surrounding community. The club offers membership services to its members, ensuring a welcoming environment for all yacht enthusiasts.


Official website here: www.sbyc.org

Is Santa Barbara Yacht Club legitimate?

Santa Barbara Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Santa Barbara 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: $198,068
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,613,459

For more financial information, click here


Official website here: www.sbyc.org

What is the mission statement of Santa Barbara Yacht Club?

The Santa Barbara Yacht Club's mission is centered around encouraging, promoting, and overseeing yachting activities. It aims to enhance the knowledge and skill of seamanship and preserve maritime traditions. The club also prioritizes serving the social and recreational needs of its members, all while being cognizant of the community's requirements. Additionally, the club offers membership services to its members.


Official website here: www.sbyc.org

Who is the CEO of Santa Barbara Yacht Club?

Richard Nahas is the Commodore of Santa Barbara Yacht Club.


Official website here: www.sbyc.org

What is the revenue of Santa Barbara Yacht Club?

Santa Barbara Yacht Club's revenue in 2022 was $3,324,379.


Official website here: www.sbyc.org

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

The average compensation at Santa Barbara Yacht Club during 2022 was $36,970. There are 49 employees and 13 volunteers at Santa Barbara Yacht Club.


Here are 14 key members and their salaries:


Eli Parker (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Sadecki (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Boneck (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Hicks (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Andresen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andra Escola (Jr. Staff Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Hughes (Director Class 2024)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Toole (Director Class 2024)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry Atterbury (Director Class 2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Young (Director Class 2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Berkus (Director Class 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Schifferns (Director Class 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Van Sande (Director Class 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Nahas (General Manager)
  • Compensation: $198,068
  • Related: $0
  • Other: $0


Official website here: www.sbyc.org

Where can I find the form 990 for Santa Barbara Yacht Club?

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


Official website here: www.sbyc.org

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

Mission Statement of Santa Barbara Yacht Club

The Santa Barbara Yacht Club, as a nonprofit organization, is committed to fostering, promoting, and managing yachting activities. Its mission extends beyond just sailing; it aims to enhance the art and science of seamanship. The club also takes pride in preserving maritime tradition, honoring the rich history and culture associated with the sea. Moreover, the Santa Barbara Yacht Club caters to the social and recreational needs of its members, providing them with a platform to engage in yachting activities and build a community. It is mindful of its role in the larger community, ensuring that its activities are aligned with the needs and interests of the wider public. In essence, the Santa Barbara Yacht Club serves as a hub for yachting enthusiasts, promoting the spirit of seamanship while fostering a sense of camaraderie and community involvement.

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Impact




October, 2024

The Santa Barbara Yacht Club plays a vital role in fostering yachting activities and promoting a strong maritime culture in the community. By encouraging and managing sailing events and training, the club enhances the local waterfront experience for both members and residents. It advances the art and science of seamanship, ensuring that skills and knowledge related to boating are preserved and passed on to future generations.

The club also prioritizes the social and recreational needs of its members, creating a vibrant community where individuals can connect and share their passion for the water. This community engagement contributes to a more active and interconnected local populace, enriching the social fabric of Santa Barbara.

Furthermore, the yacht club demonstrates a commitment to the broader needs of the community, working in harmony with local interests and traditions. Its initiatives not only celebrate maritime heritage but also encourage responsible sailing practices and environmental stewardship. Through these efforts, the Santa Barbara Yacht Club significantly impacts both recreational boating and the overall cultural landscape of the region.




This information is meant to be a general summary of Santa Barbara 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
$3,324,379 (2022)
Expenses
$3,127,837 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $522
  • Program Service Revenue: $1,941,119
  • Gross Receipts: $4,273,471

Assets and Liabilities:

  • Total Assets: $4,899,614
  • Total Liabilities: $1,428,439
  • Net Assets: $3,471,175

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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

$1,941,119

Organization Details

Founding Year

1872

Principal Officer

Richard Nahas

Main Address

130 HARBOR WAY, SANTA BARBARA, CA, 93109

NTEE Category

Code: N50 - Recreation

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