Captiva Island Yacht Club Inc

Organization Overview

Captiva Island Yacht Club Inc is located in Captiva, FL. The organization was established in 1986. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 09/2023, Captiva Island Yacht Club Inc employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Captiva Island Yacht Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 09/2023, Captiva Island Yacht Club Inc generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $1.9m during the year ending 09/2023. While expenses have increased by 10.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE PURPOSE OF THE ORGANIZATION IS FOR THE SOCIAL ENJOYMENT OF MEMBERS AND TO PROMOTE SAFE BOATING PRACTICES. IT ALSO PROMOTES AND ENCOURAGES RESPECT FOR THE ENVIRNOMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATION OF RECREATIONAL AND DINING FACILITIES FOR MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Brian Walker
General Mana
$217,831
Jay Brown
Director
$0
Robyn Cook
Vice Commodo
$0
Gordon Coons
Rear Commodo
$0
Molly Downing
Director
$0
Clay Ewell
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$1,722,850
Investment income $39,924
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $285,511
Miscellaneous Revenue$0
Total Revenue $2,239,705

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