Hilo Yacht Club

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

EIN: 990041250 ✦ Hilo, HI ✦ Designated as a 501(c)(7)

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Overview

What is Hilo Yacht Club?

The Hilo Yacht Club is a nonprofit organization situated at 77 Laehala Street, Hilo, Hawaii 96720. Established with the purpose of fostering social interaction and camaraderie among its members, the club offers various recreational facilities for its members. This includes a swimming pool, tennis, basketball, and volleyball courts, as well as a dining room where members can socialize. The club emphasizes sportsmanship and competition in athletics, providing a space for its members to engage in these activities. The Hilo Yacht Club employs a team of 45 individuals, ensuring the smooth operation of these facilities and services.


Official website here: www.hiloyachtclub.org

Is Hilo Yacht Club legitimate?

Hilo Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Hilo 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: $1,204,781

For more financial information, click here


Official website here: www.hiloyachtclub.org

What is the mission statement of Hilo Yacht Club?

The Hilo Yacht Club serves to foster social interaction and camaraderie among its members. This is achieved by establishing a congenial gathering place and encouraging the sportsmanship and competition of various athletics. The club offers facilities such as a swimming pool, tennis, basketball, and volleyball courts, as well as a dining room, enabling members to engage in athletic activities and socialize.

In essence, the Hilo Yacht Club aims to create an environment that fosters social bonding and friendly competition among its members, providing them with the necessary facilities to engage in sports and leisure activities. The club's purpose is to contribute to the overall well-being and enjoyment of its members, fostering a sense of community and shared experiences.


Official website here: www.hiloyachtclub.org

Who is the CEO of Hilo Yacht Club?

Lisa Hadway Spain is the Trustee of Hilo Yacht Club.


Official website here: www.hiloyachtclub.org

What is the revenue of Hilo Yacht Club?

Hilo Yacht Club's revenue in 2022 was $3,424,763.


Official website here: www.hiloyachtclub.org

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

The average compensation at Hilo Yacht Club during 2022 was $26,773. There are 45 employees and 60 volunteers at Hilo Yacht Club.


Here are 13 key members and their salaries:


Britta Zimmer-Long (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Hong (Rear Commodore/Secy)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Geiger (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Myrianthis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Lee (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Hadway Spain (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Schlegelmilch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerry Umamoto (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terianne Brown (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Marsh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josephine Crawford (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrianne Lamson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kay Sakai (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hiloyachtclub.org

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

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


Official website here: www.hiloyachtclub.org

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

Mission Statement of Hilo Yacht Club

Hilo Yacht Club is dedicated to fostering social interaction and camaraderie among its members. It achieves this goal by serving as a gathering place, where members can engage in various athletic activities and socialize. The club's purpose is twofold: to promote sportsmanship and competition through athletics, and to encourage social interactions.

To facilitate these objectives, Hilo Yacht Club provides a range of amenities. Members can enjoy a swimming pool, tennis, basketball, and volleyball courts. These facilities offer an excellent opportunity for members to engage in physical activities, compete, and build relationships. In addition to the sports facilities, the club also provides a dining room facility. This space allows members to socialize, share meals, and strengthen their bonds.

In summary, Hilo Yacht Club is a social hub for its members. Its mission is to promote camaraderie and social interactions among its members. It achieves this through providing athletic facilities and a dining room, encouraging members to participate in sports, compete, and socialize. The club's purpose is to create an environment where members can engage in activities and build lasting relationships.

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Impact




October, 2024

Hilo Yacht Club fosters social interaction and camaraderie among its members by providing a welcoming environment focused on athletics and community engagement. The facilities, including a swimming pool, tennis, basketball, and volleyball courts, serve as a hub for both competitive sports and leisure activities, encouraging members to stay active and connected. Additionally, the dining room facility enhances the social experience, allowing members to gather, socialize, and strengthen their ties within the community. This blend of athleticism and socialization not only promotes personal well-being but also contributes to a vibrant community spirit in Hilo.




This information is meant to be a general summary of Hilo 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
$3,424,763 (2022)
Expenses
$3,261,209 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11,679
  • Program Service Revenue: $3,223,728
  • Gross Receipts: $3,424,763

Assets and Liabilities:

  • Total Assets: $978,026
  • Total Liabilities: $442,712
  • Net Assets: $535,314

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Programs

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

PROGRAM SERVICE REVENU

Revenue

$1,639,149

MEMBERSHIP DUES

Revenue

$1,584,579

Organization Details

Founding Year

1919

Principal Officer

Lisa Hadway Spain

Main Address

77 LAEHALA STREET, HILO, HI, 96720

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