Overview
What is Port Royal Yacht Club?
Port Royal Yacht Club is a nonprofit organization situated in Redondo Beach, California, led by Michael Caraway. Its primary focus is on offering a delightful and sociable yacht club experience, with an emphasis on recreational sailing. The club aims to provide an enjoyable environment for its members, fostering camaraderie and shared enjoyment of sailing activities.
Is Port Royal Yacht Club legitimate?
Port Royal Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Port Royal Yacht Club submitted a form 990EZ, 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: $0
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What is the mission statement of Port Royal Yacht Club?
The Port Royal Yacht Club is dedicated to offering a delightful and sociable club experience through recreational sailing. Its mission is to provide an environment that fosters enjoyment and camaraderie among its members. The club focuses on creating a pleasant atmosphere where sailing enthusiasts can engage in their shared passion.
What is the revenue of Port Royal Yacht Club?
Port Royal Yacht Club's revenue in 2023 was $113,896.
Who are the executives of Port Royal Yacht Club and what are their salaries?
Here are 5 key members and their salaries:
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- Compensation: $0
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Where can I find the form 990EZ for Port Royal Yacht Club?
Port Royal Yacht Club's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Port Royal Yacht Club
The Port Royal Yacht Club is dedicated to delivering an enjoyable and sociable club experience, with a primary focus on recreational sailing. The organization's mission is to foster a welcoming atmosphere where members can indulge in sailing activities while engaging in camaraderie. Michael Caraway, who heads the club, oversees its operations in this endeavor.
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Impact
October, 2024
Port Royal Yacht Club plays a significant role in fostering community engagement and providing recreational opportunities in Redondo Beach, CA. By offering sailing experiences, the club enhances the local culture of outdoor activities and promotes a sense of camaraderie among its members. Under the leadership of Michael Caraway, the club aims to create a pleasurable and social environment, drawing people together through shared interests in sailing and water sports.
Its activities not only encourage an appreciation for maritime skills but also contribute to the local economy by attracting visitors and promoting tourism in the area. The club's commitment to recreational sailing offers individuals and families a chance to connect with nature and each other, ultimately enriching the quality of life in the community.
This information is meant to be a general summary of Port Royal 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: $21
- Program Service Revenue: $59,597
- Gross Receipts: $113,896
Assets and Liabilities:
- Total Assets: $57,750
- Total Liabilities: $0
- Net Assets: $57,750
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Organization Details
Principal Officer
Stephanie Funabashi
NTEE Category
Code: N50 - Recreation
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