Overview
What is Waikiki Yacht Club?
Waikiki Yacht Club is a nonprofit organization situated in Honolulu, Hawaii, with a focus on providing pleasure, recreation, and nonprofit activities for its members, as per Section 501(C)(7) of the Internal Revenue Code. Its primary mission is to facilitate yachting and promote maritime activities, fostering interest in yachting, boating, navigation, and other related fields. The club also cooperates with local authorities to ensure safety at sea. Besides its yachting activities, the club operates a full-service restaurant for its members and guests, serving as a social gathering place for various events. The club abides by the principles of Corinthianism, ensuring all its activities maintain a nonprofit, tax-exempt status.
Official website here: www.waikikiyachtclub.com
What do the Facebook reviews say about Waikiki Yacht Club?
92% of 239 reviewers on Facebook recommend the Waikiki Yacht Club. Here is a summary of their reviews:
Many visitors appreciate the club's beautiful location overlooking the Waikiki Marina, which provides an enjoyable atmosphere for dining, especially during the Friday night fireworks. Reviewers often mention the delightful vibes and appealing views that enhance their overall experience.
Additionally, the option for temporary membership is a hit among tourists, allowing them to enjoy the facilities while on holiday. The overall sentiment is positive, with guests finding the club to deliver a charming experience that complements the scenic surroundings.
This AI summary has been generated from reviews found on Facebook.
Is Waikiki Yacht Club legitimate?
Waikiki Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Waikiki 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: $1,188,410
For more financial information, click here
Official website here: www.waikikiyachtclub.com
What is the mission statement of Waikiki Yacht Club?
The Waikiki Yacht Club is established with the primary purpose of offering pleasure, recreation, and other non-profit activities for its members, as per the guidelines of Section 501(C)(7) of the Internal Revenue Code. Consistent with its tax-exempt status, the main mission of the club is to provide a platform for its members to engage in the sport of yachting and to foster an interest in yachting, boating, navigation, and other maritime activities. The club also collaborates with federal, state, and municipal officials in ensuring the safety of life and property at sea. Beyond these core functions, the club may offer social and recreational activities to its members, provided they are in line with its non-profit, tax-exempt status. The ethos of Corinthianism guides all activities within the club.
Official website here: www.waikikiyachtclub.com
Who is the CEO of Waikiki Yacht Club?
Christine Clothier is the Treasurer of Waikiki Yacht Club.
Official website here: www.waikikiyachtclub.com
What is the revenue of Waikiki Yacht Club?
Waikiki Yacht Club's revenue in 2022 was $3,629,213.
Official website here: www.waikikiyachtclub.com
Who are the executives of Waikiki Yacht Club and what are their salaries?
There 27 volunteers at Waikiki Yacht Club.
Here are 10 key members and their salaries:
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Official website here: www.waikikiyachtclub.com
Where can I find the form 990 for Waikiki Yacht Club?
Waikiki Yacht Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.waikikiyachtclub.com
Learn more at the official website: www.waikikiyachtclub.com
Mission Statement of Waikiki Yacht Club
The Waikiki Yacht Club is established with a primary purpose of providing pleasure, recreation, and non-profit activities for its members, in accordance with Section 501(C)(7) of the Internal Revenue Code. Consistent with its tax-exempt status, the club's main mission is to offer a platform for its members to engage in the sport of yachting. This mission is further expanded to promote and foster interest in yachting, boating, navigation, and other maritime activities. The club also aims to cooperate with federal, state, and municipal officials in ensuring the protection of life and property on the high seas and within the waters of Hawaii. Corinthianism is the guiding principle that governs all activities of the Waikiki Yacht Club. In addition to these primary objectives, the club may also provide social and recreational activities to its members, as long as they are consistent with its non-profit, tax-exempt status.
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Impact
October, 2024
Waikiki Yacht Club significantly enriches the community by fostering a vibrant maritime culture and offering its members a range of recreational and social opportunities. By serving as a hub for yachting and boating enthusiasts, the club promotes active participation in these activities while enhancing knowledge about navigation and maritime safety.
One of its primary contributions is the promotion of yachting as a sport, providing a platform for members to engage with this passion and connect with others who share similar interests. This helps cultivate a community that not only values sailing but also encourages environmental stewardship and maritime safety.
The club's full-service restaurant and social event spaces provide members with a welcoming atmosphere to gather, socialize, and share experiences related to their maritime interests. These facilities strengthen community bonds and create a sense of belonging among members.
Moreover, the Waikiki Yacht Club actively cooperates with federal, state, and municipal officials to enhance safety on the waters of Hawaii, contributing to the protection of life and property. By prioritizing Corinthian principles in its activities, the club emphasizes fair play and respect within the sailing community.
In summary, Waikiki Yacht Club's impact extends beyond leisure and recreation; it plays a vital role in promoting yachting culture, fostering community connections, and ensuring the safety and sustainability of maritime activities in the region.
This information is meant to be a general summary of Waikiki 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 2022.
- Investment Income: $2,599
- Program Service Revenue: $2,497,462
- Gross Receipts: $3,629,213
Assets and Liabilities:
- Total Assets: $2,903,708
- Total Liabilities: $846,412
- Net Assets: $2,057,296
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,444,782
MOORING, LOCKERS
Revenue
$727,801
MOORING, LOCKERS
Revenue
$124,589
SAILING, PADDLING
Revenue
$89,325
VENDING, MISC
Revenue
$53,065
Organization Details
Founding Year
1945
Phone
(808) 955-4405Principal Officer
Christine Clothier
Main Address
1599 ALA MOANA BLVD, HONOLULU, HI, 968144601
Website
www.waikikiyachtclub.comNTEE Category
Code: N50 - Recreation
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