Lahaina Yacht Club

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

EIN: 990117458 ✦ Lahaina, HI ✦ Designated as a 501(c)(7)

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Overview

What is Lahaina Yacht Club?

The Lahaina Yacht Club, located at 835 Front Street, Lahaina, Hawaii 96761, is a nonprofit organization with a mission to promote learning and understanding about the ocean and its utilization. Their primary objective is to advance knowledge and education in this field, contributing to a broader understanding of its uses. The organization operates within the boundaries of its exempt purpose, as stated in the information array.


Official website here: www.lahainayachtclub.org

Is Lahaina Yacht Club legitimate?

Lahaina Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lahaina 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: $57,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $397,449

For more financial information, click here


Official website here: www.lahainayachtclub.org

What is the mission statement of Lahaina Yacht Club?

The Lahaina Yacht Club's primary mission is centered around promoting knowledge and education about the ocean and its various uses. Their activities are geared towards achieving this goal, providing opportunities that enhance understanding and appreciation of the ocean's importance. The organization's primary exempt purpose, as stated, is to foster this educational growth and awareness. They strive to contribute to the wider community by sharing insights and fostering a deeper connection with the ocean.


Official website here: www.lahainayachtclub.org

Who is the CEO of Lahaina Yacht Club?

Kristen Spees Marchello is the Treasurer of Lahaina Yacht Club.


Official website here: www.lahainayachtclub.org

What is the revenue of Lahaina Yacht Club?

Lahaina Yacht Club's revenue in 2022 was $1,716,215.


Official website here: www.lahainayachtclub.org

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


Here are 10 key members and their salaries:


Renee A Meyer (Office Mgr)
  • Compensation: $57,000
  • Related: $0
  • Other: $0
David Schubert (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Clark (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Ladner (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Spees Marchello (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zachary Laprade (Rc Sail/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Lodato (Port Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Godt (Rc Power)
  • Compensation: $0
  • Related: $0
  • Other: $0
Herbert Phillips (Fleet Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Rickabaugh (Staff Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lahainayachtclub.org

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

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


Official website here: www.lahainayachtclub.org

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

Mission Statement of Lahaina Yacht Club

Lahaina Yacht Club is dedicated to advancing understanding and education about the ocean and its applications. Their primary objective is to engage in activities that foster this knowledge, serving as a catalyst for further exploration and appreciation of marine environments. By pursuing this mission, Lahaina Yacht Club seeks to contribute to a broader understanding of the ocean's role in our world and its potential uses.

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Impact




October, 2024

Lahaina Yacht Club significantly enhances community engagement and knowledge regarding ocean awareness and education. By providing various activities focused on the ocean and its applications, the club fosters a deeper appreciation for marine environments among its members and the wider community. Its programs not only cater to recreational interests but also promote an understanding of sustainable practices and marine conservation. The club serves as a hub for ocean-related activities in Lahaina, creating opportunities for learning and connection that benefit both individuals and the local ecosystem. Through events, workshops, and educational initiatives, Lahaina Yacht Club plays a crucial role in promoting environmental stewardship and a culture of respect for the ocean.




This information is meant to be a general summary of Lahaina 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
$1,716,215 (2022)
Expenses
$1,660,958 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $86
  • Program Service Revenue: $1,119,409
  • Gross Receipts: $1,716,215

Assets and Liabilities:

  • Total Assets: $699,519
  • Total Liabilities: $402,751
  • Net Assets: $296,768

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Programs

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

Restaurant Sales

Revenue

$1,006,949

Fuel sales

Revenue

$11,352

Sailing classes

Revenue

$79,833

Port Captain events income

Revenue

$21,275

Organization Details

Founding Year

1965

Principal Officer

Kristen Spees Marchello

Main Address

835 FRONT STREET, Lahaina, HI, 96761

NTEE Category

Code: N03 - Recreation

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