Overview

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Est.

1947

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Naples Yacht Club Inc is a private nonprofit organization focused on providing recreational opportunities related to yachting and dining. With an operating budget of $11.6 million and total revenue of $10 million for the 2024 filing year, the club primarily generates income through vessel berthing and food and beverage sales. The organization does not rely on a single funder for 50% or more of its revenue and operates daily, except for Wednesdays, at its facilities in Florida. For more information, visit www.naplesyc.org.

Mission Statement

The Naples Yacht Club (NYC) is a private yacht and social club organized for pleasure, recreation, and other similar nonprofitable purposes. The Club only has two primary activities. Members are able to berth their water vessels at the Club through annual leases and purchase fuel for the vessels. The two largest expenses for this activity are the cost of the fuel and salary costs for the dock master. The other primary activity is the sale of food and beverages at the Club. The Club has multiple dining facilities and is open every day, except for Wednesday. The largest cost categories for this activity are the cost of the food and beverages and labor costs for our kitchen and dining rooms.
Revenues
$10M
Expenses
$11.6M
Net Income:
-$1.6M
Assets
$28M
Liabilities
$3.7M
Net Assets:
+$24.3M
Operating Budget
$11.6M
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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Total No. of Grants
2
Median grant size
$625
Largest grant received
$1K
D
Donald Hopkins
Board Member
R
Richard B Maxwell
Board Member
K
Kathy P King
Board Member

Frequently Asked Questions

What is Naples Yacht Club Inc’s budget?
In 2024, Naples Yacht Club Inc reported an annual operating budget of around $11.6 million. More detailed financial information is available to registered users.
What causes does Naples Yacht Club Inc support?
Naples Yacht Club Inc supports work in Sports.
Where does Naples Yacht Club Inc operate?
Naples Yacht Club Inc is headquartered in Naples, FL.
Who funded Naples Yacht Club Inc recently?
In 2024, Naples Yacht Club Inc received grants from ROBERT AND VIRGINIA CORNOG FAMILY FOUNDATION, THE BEACH FOUNDATION, and ROBERT AND VIRGINIA CORNOG FAMILY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant Naples Yacht Club Inc received in 2024?
The largest grant to Naples Yacht Club Inc in 2024 exceeds $1,000.