NonprofitsWaikiki Yacht Club

Waikiki Yacht Club

HONOLULU, HI

Total revenue

$4.2M

Total expenses

$4.3M

Net assets

$1.7M

Grants received

EIN

990063872

Tax year

2024

Mission

This club is organized and shall operate to provide for the pleasure, recreation and other nonprofitable purposes of its members, as an organization described in section 501(c)(7) of the internal revenue code. Consistent with its status as a section 501(c)(7) tax exempt entity, the primary purpose for which this club is organized and its primary mission is to provide a medium through which its members may participate in the sport of yachting and to promote and foster interest in the knowledge of yachting, boating, navigation, and other maritime activities, and to cooperate with federal, state, and municipal officials in the protection of life and property on the high seas and within the waters of the state of hawaii. Corinthianism shall dominate all activities of the club. Subject to the club's primary purpose and mission, the club may offer such social and recreational activities to its members as are consistent with its nonprofit, tax exempt status.

Programs

2 programs

The club maintains dock and mooring facilities for its members and visiting yachtsmen.

Expenses: $451K

The club operates a boutique which sells clothing and other logo merchandise to its members and their guests.

Expenses: $80K

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$2.8M
Investment income$2K
Other revenue$1.4M
Total revenue$4.2M

Expenses

Grants paid
Salaries & benefits$2.2M
Fundraising
Other expenses$2.1M
Total expenses$4.3M
Total assets$2.8M
Net assets$1.7M

People

10 listed

NameRoleCompensation

MICHAEL BUELSING

VICE COMMODO

Board

10 hrs/wk

RON GRIDLEY

IMMED PAST C

Board

5 hrs/wk

JENNY DO

DIRECTOR

Board

5 hrs/wk

CHRISTINE CLOTHIER

TREASURER

Board

20 hrs/wk

BOBBY FRAZIER

DIRECTOR

Board

5 hrs/wk

GARY EVONIUK

REAR COMMODO

Board

5 hrs/wk

CHRISTINE DENTON

SECRETARY

Board

5 hrs/wk

IAN SCOTT

COMMODORE

Board

30 hrs/wk

DEREK CLARKE

REAR COMMODO

Board

5 hrs/wk

PETER RUDLOWSKI

DIRECTOR

Board

5 hrs/wk

Details

EIN990063872
Subsection07
Ruling date1946-06
Formed1945
Employees0
Volunteers80
WAIKIKI YACHT CLUB — Mission, Financials & Grants Received | Grantivo