Tacoma Yacht Club

Organization Overview

Tacoma Yacht Club is located in Tacoma, WA. The organization was established in 1946. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 05/2023, Tacoma Yacht Club employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tacoma Yacht Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 05/2023, Tacoma Yacht Club generated $4.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $4.4m during the year ending 05/2023. While expenses have increased by 4.5% 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

TO PROVIDE AND MAINTAIN SUITABLE MOORAGE AND CLUBHOUSE FACILITIES FOR THE USE OF ITS MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CLUB PROVIDED MOORAGE AND DINING OPPORTUNITIES FOR ITS MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Carissa Milligan
Commodore
$0
Aaron Bredson
Vice Commodore
$0
Dave Bender
Rear Commodore
$0
Brent Wojtanowicz
Chairman
$0
Erik Neal
Vice Chairman
$0
Jamelle Garcia
Trustee
$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$42,714
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$42,714
Total Program Service Revenue$4,018,059
Investment income $5,705
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $107,192
Net Gain/Loss on Asset Sales -$65,142
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $509
Miscellaneous Revenue$0
Total Revenue $4,334,419

Grants Awarded

Over the last fiscal year, Tacoma Yacht Club has awarded $18,000 in support to 2 organizations.

Grant RecipientAmount

YOUTH MARINE FOUNDATION

PURPOSE: CONTRIBUTIONS

$9,000

TACOMA COMMUNITY BOAT BUILDERS

PURPOSE: CONTRIBUTIONS

$9,000
View Grant Profile

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