Hawaii Yacht Club

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

EIN: 990091334 ✦ Honolulu, HI ✦ Designated as a 501(c)(7)

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Overview

What is Hawaii Yacht Club?

Hawaii Yacht Club, located at 1739-C Ala Moana Blvd, Honolulu, HI 96815, is a nonprofit organization dedicated to promoting various marine activities. Its primary mission is to encourage yacht racing, cruising, fishing, motor boating, and other water-based pursuits among its approximately 621 members. The club offers a variety of functions, including bar services, bulletins, fishing, sailing races, sailing education, and social events. Beyond these activities, the Hawaii Yacht Club serves as a platform for its members to participate in these marine adventures, fostering a sense of camaraderie and shared passion for the sea. The club has a workforce of 38 individuals committed to upholding its mission.


Official website here: www.hawaiiyachtclub.org

Is Hawaii Yacht Club legitimate?

Hawaii Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Hawaii 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: $465,462

For more financial information, click here


Official website here: www.hawaiiyachtclub.org

What is the mission statement of Hawaii Yacht Club?

The Hawaii Yacht Club's primary objective is to foster the sports of yacht racing, cruising, fishing, motor boating, and other marine activities. It aims to provide its members with ample opportunities to engage in these activities. The club also operates a bar and organizes various functions such as bulletins, fishing events, sailing races, sailing education, and social events. Its mission is not limited to these activities alone; it also extends to promoting camaraderie and shared experiences among its members.


Official website here: www.hawaiiyachtclub.org

Who is the CEO of Hawaii Yacht Club?

Eric Decarlo is the Governor/Tre of Hawaii Yacht Club.


Official website here: www.hawaiiyachtclub.org

What is the revenue of Hawaii Yacht Club?

Hawaii Yacht Club's revenue in 2022 was $1,318,125.


Official website here: www.hawaiiyachtclub.org

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

The average compensation at Hawaii Yacht Club during 2022 was $12,249. There are 38 employees and 90 volunteers at Hawaii Yacht Club.


Here are 6 key members and their salaries:


Eric Decarlo (Governor/Tre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerri Scott (Governor/Tre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Orandello (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Allen (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alethea Rebman (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Eder (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hawaiiyachtclub.org

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

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


Official website here: www.hawaiiyachtclub.org

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

Mission Statement of Hawaii Yacht Club

Hawaii Yacht Club, a notable organization, is dedicated to fostering and encouraging various marine activities. Its primary objective is to promote yacht racing, cruising, fishing, motor boating, and other related marine pursuits. By doing so, the club aims to provide its members with ample opportunities to engage in these activities. This mission underscores Hawaii Yacht Club's commitment to nurturing a vibrant marine community, where individuals can share their passion for the sea and its diverse activities.

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Impact




October, 2024

Hawaii Yacht Club plays a significant role in promoting marine activities and fostering a vibrant community around yachting and water sports in Honolulu. By organizing sailing races, fishing events, and educational programs, the club provides its approximately 621 members with numerous opportunities to engage in and develop their skills in yacht racing, cruising, fishing, and motor boating.

The club's bar services and social functions further enhance the sense of community, encouraging members to connect and share their passion for the water. Through such activities, Hawaii Yacht Club not only supports individual recreational pursuits but also contributes to the local culture and economy by attracting enthusiasts and fostering a love for the ocean and maritime traditions. The emphasis on participation and education helps nurture future generations of sailors and marine enthusiasts, ensuring the sustainability of these activities for years to come.




This information is meant to be a general summary of Hawaii 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
$1,318,125 (2022)
Expenses
$1,307,489 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $27
  • Program Service Revenue: $553,251
  • Gross Receipts: $1,434,075

Assets and Liabilities:

  • Total Assets: $414,240
  • Total Liabilities: $69,787
  • Net Assets: $344,453

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Programs

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

MEMBERSHIP DUES & ASSESSMENT

Revenue

$430,808

SAILING EDUCATION FEE

Revenue

$108,568

FILMING

Revenue

$13,875

Organization Details

Founding Year

1953

Principal Officer

Eric Decarlo

Main Address

1739-C ALA MOANA BLVD, HONOLULU, HI, 96815

NTEE Category

Code: N50 - Recreation

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