Overview

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Est.

1983

Fiscal Year Start

Oct 1

Organization Type

Grantseeker

AI Summary

Figure Eight Island Yacht Club Inc, a private social club operating for the recreational and social purposes of its members, focuses on fostering a vibrant community centered around sports. With an operating budget of $5.9 million and total revenue of $5.7 million for the filing year 2024, the organization is committed to providing enriching experiences for its members. More information can be found on their website at www.f8iyc.com.

Mission Statement

PRIVATE SOCIAL CLUB OPERATING FOR THE RECREATIONAL AND SOCIAL PURPOSES OF ITS MEMBERS
Revenues
$5.7M
Expenses
$5.9M
Net Income:
-$209K
Assets
$7.5M
Liabilities
$1.3M
Net Assets:
+$6.3M
Operating Budget
$5.9M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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K
Karen Pigman
Board Member
V
Valerie Gammage
Board Member
P
Phillip Waugh
Board Member

Frequently Asked Questions

What is FIGURE EIGHT ISLAND YACHT CLUB INC’s budget?
In 2024, FIGURE EIGHT ISLAND YACHT CLUB INC reported an annual operating budget of around $5.9 million. More detailed financial information is available to registered users.
What causes does FIGURE EIGHT ISLAND YACHT CLUB INC support?
FIGURE EIGHT ISLAND YACHT CLUB INC supports work in Sports.
Where does FIGURE EIGHT ISLAND YACHT CLUB INC operate?
FIGURE EIGHT ISLAND YACHT CLUB INC is headquartered in Wilmington, NC.