NonprofitsFairhope Yacht Club

Fairhope Yacht Club

FAIRHOPE, AL

Total revenue

$2.5M

Total expenses

$2.5M

Net assets

$1.7M

Grants received

EIN

630249756

Tax year

2024

Mission

The organization purpose is to support and encourage the sport of yachting including sailing racing power boating and cruising

Programs

2 programs

Jr Sailing and training programs for4 high school programs for local high school students also with Jr Yacht Club Members. Race and Regatta including fleet committee boat and other sponsored regattas.

Expenses: $232K

Mainsheet - Information publication

Expenses: $19K

Financials

FY 2024

Revenue

Contributions & grants$1.1M
Program service revenue$332K
Investment income$31K
Other revenue$997K
Total revenue$2.5M

Expenses

Grants paid
Salaries & benefits$1.0M
Fundraising
Other expenses$1.5M
Total expenses$2.5M
Total assets$6.7M
Net assets$1.7M

People

11 listed

NameRoleCompensation

David Roberts

Board Member

Board

8 hrs/wk

John Cocke

Board Member

Board

8 hrs/wk

Michael Amos

Board Member

Board

8 hrs/wk

Monty Montgomery

Board Member

Board

8 hrs/wk

Scot Hartwell

Board Member

Board

8 hrs/wk

Bob Kinler

Board Member

Board

8 hrs/wk

Philip Durant

Commodore

Board

16 hrs/wk

John Adams

Vice Commodore

Board

8 hrs/wk

Catherin Cromartie

Board Chairman

Board

8 hrs/wk

David Willits

General Manager

Staff

$127K

40 hrs/wk

Pat Colvin

Office Manager

Staff

$60K

40 hrs/wk

Details

EIN630249756
Subsection07
Ruling date1986-10
Formed1944
Employees106
Volunteers150
FAIRHOPE YACHT CLUB — Mission, Financials & Grants Received | Grantivo