St Croix Yacht Club Inc

Organization Overview

St Croix Yacht Club Inc is located in Christiansted, VI. As of 12/2021, St Croix Yacht Club Inc employed 42 individuals. St Croix 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 12/2021, St Croix Yacht Club Inc generated $713.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $744.7k during the year ending 12/2021. While expenses have increased by 15.3% per year over the past 5 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTING INTEREST AND ACTIVITY IN THE OWNERSHIP, RACING AND CRUISING OF YACHTS AND SMALL BOATS; PROVIDING A MEETING PLACE FOR MEMBERS; AUGMENTING THE RECREATIONAL FACILITIES AND VISITOR ATTRACTIONS OF THE ISLAND OF ST. CROIX.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O.


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Board, Officers & Key Employees

Name (title)Compensation
Brian Cayne
Club Manager
$0
Doug Armstrong
Vice-Commodo
$0
Vicki Bandola
Director
$0
Morgan Dale
Director
$0
Greg Deegan
Commodore
$0
Karl Gruber
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$293,137
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$293,137
Total Program Service Revenue$201,540
Investment income $519
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 $218,403
Miscellaneous Revenue$0
Total Revenue $713,599

Peer Organizations

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