Ventura Yacht Club Inc

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

EIN: 956062899 ✦ Ventura, CA ✦ Designated as a 501(c)(7)

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Overview

What is Ventura Yacht Club Inc?

Ventura Yacht Club Inc, located at 1755 Spinnaker Drive, Ventura, California 93001, is a nonprofit organization that serves as a social hub centered around boating and water activities. With a dedicated workforce of 36 individuals, this club offers a platform for enthusiasts to engage in water-related activities, fostering a sense of community. The exact nature of their programs and initiatives, however, is not explicitly stated in the provided information.

Is Ventura Yacht Club Inc legitimate?

Ventura Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Ventura 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: $547,332

For more financial information, click here

What is the mission statement of Ventura Yacht Club Inc?

Ventura Yacht Club Inc, as a social club, is dedicated to fostering a community centered around boating and water activities. Its mission is to provide an environment where individuals can engage in these activities, promoting camaraderie and shared experiences. The club's purpose is to encourage membership and participation, offering various events and opportunities that cater to the interests of its members. By facilitating these activities, Ventura Yacht Club Inc aims to enhance the enjoyment and appreciation of the marine lifestyle among its members.

Who is the CEO of Ventura Yacht Club Inc?

Rena Mills is the Treasurer of Ventura Yacht Club Inc.

What is the revenue of Ventura Yacht Club Inc?

Ventura Yacht Club Inc's revenue in 2022 was $1,022,886.

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

The average compensation at Ventura Yacht Club Inc during 2022 was $15,204. There are 36 employees at Ventura Yacht Club Inc.


Here are 13 key members and their salaries:


Don Clark (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Garrett Baum (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwight Rowe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Spille (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rena Mills (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miguel Valdes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Guiltinan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Sugden (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Cahn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Sugden (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stanton Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Bozarth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Boatner (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ventura Yacht Club Inc?

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

Mission Statement of Ventura Yacht Club Inc

Ventura Yacht Club Inc, as a social club, is dedicated to promoting activities revolving around boats and the water. The organization's mission is centered around fostering a community that appreciates and engages in aquatic pursuits. By providing a platform for like-minded individuals, Ventura Yacht Club Inc encourages camaraderie and shared experiences in the realm of boating and water activities.

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Impact




October, 2024

Ventura Yacht Club Inc serves as a vibrant hub for boating and water enthusiasts in Ventura, CA. By fostering a community centered around maritime activities, the club enhances social connections among members who share a passion for the water. Through organized events, sailing lessons, and recreational outings, the club promotes boating as a lifestyle, encouraging both experienced mariners and newcomers to engage with the aquatic environment.

The club’s activities not only provide recreational opportunities but also contribute to the local economy through events that attract visitors, and partnerships with local businesses. Additionally, Ventura Yacht Club Inc cultivates a sense of environmental stewardship among its members, promoting responsible boating practices and supporting initiatives aimed at preserving the coastal ecosystem. This combination of social engagement, economic impact, and environmental awareness underscores the club's significant influence on both its members and the broader Ventura community.




This information is meant to be a general summary of Ventura 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
$1,022,886 (2022)
Expenses
$1,142,556 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $16,088
  • Program Service Revenue: $113,078
  • Gross Receipts: $2,769,797

Assets and Liabilities:

  • Total Assets: $3,602,618
  • Total Liabilities: $355,797
  • Net Assets: $3,246,821

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Programs

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

Clothing Sales to Members

Revenue

$8,350

Junior Sailing Program

Revenue

$83,709

Racing Shirt Sales

Revenue

$2,213

Sailboat Racing Entry

Revenue

$15,994

Social Events Income

Revenue

$2,812

Organization Details

Principal Officer

Rena Mills

Main Address

1755 Spinnaker Drive, Ventura, CA, 93001

NTEE Category

Code: N50 - Recreation

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