EIN 21-6007748

Corinthian Yacht Club of Cape May

IRS 501(c) type
501(c)(7)
Num. employees
65
Year formed
1948
Most recent tax filings
2022-12-01
Description
Corinthian Yacht Club of Cape May encourages the sport and art of sailing and racing for all ages, provides facilities for social events, sponsors sailing regattas, sailboat races, and other social events for members and their families, offers sailing instruction for both children and adults with 85 children participating in the summer program. Adult classes are held one night a week for eight weeks as well.
Total revenues
$876,308
2022
Total expenses
$837,369
2022
Total assets
$1,594,413
2022
Num. employees
65
2022

Program areas at Corinthian Yacht Club of Cape May

The Club provides a dining facility and a full service bar for its members and their guests. Dinner and bar services are usually available at least one night a week for seven months and three to five nights per week during the sailing season.
The Club sponsors sailing regattas, sailboat races and other social events for members and their families. The sailing events occur in the summer months and include the Cape to Cape Race, the Avalon Cup, and MAYRA sailing competitions. The Social Events occur throughout the year and include Memorial Day Brunch, Mothers' Day Brunch, Commodores" Ball, Oyster Roast, Wine and Dine, and many others.
The Club provides sailing instruction for both children and adults. The children's classes are held for eight weeks during the summer months. Eighty-five children participated in the program. Adult classes are held one night a week for eight weeks as well as on Saturday mornings. Forty adults participated in the lessons. All participants are given the opportunity to be involved in the regattas.

Personnel at Corinthian Yacht Club of Cape May

NameTitleCompensation
Carol YorkTreasurer$0
Geoffrey KingVice Commodore$0
Michael YeagerDirectorfinance / Directorfinance / Directorfinance / Directorfinance / Director; Financial Officer / Finance Chairman$0
Robert WilsonVice Commodore / Vice Commodore / Director$0
William BradyRear Commodore / Director$0
...and 7 more key personnel

Financials for Corinthian Yacht Club of Cape May

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$697,192
Investment income and dividends$892
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$150,448
Miscellaneous revenues$27,776
Total revenues$876,308

Form 990s for Corinthian Yacht Club of Cape May

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-28990View PDF
2021-122022-11-10990View PDF
2020-122021-11-02990View PDF
2019-122021-04-01990View PDF
2018-122019-10-31990OView PDF
...and 7 more Form 990s

Organizations like Corinthian Yacht Club of Cape May

OrganizationLocationRevenue
The Rosalind Club of OrlandoOrlando, FL$315,004
Century Club of SyracuseSyracuse, NY$1,096,309
North Fork AssociationNevada City, CA$535,216
Sea Cliff Yacht ClubSea Cliff, NY$2,015,872
Columbus Citizens Foundation,New York, NY$1,681,758
The Montana ClubHelena, MT$308,797
Mountain Valley Homeowners AssociationSimi Valley, CA$329,523
The Thames ClubNew London, CT$269,383
Deerbrook Civic AssociationMedford, NJ$264,001
The Somerset ClubBoston, MA$2,449,186
Data update history
January 21, 2024
Updated personnel
Identified 2 new personnel
January 20, 2024
Posted financials
Added Form 990 for fiscal year 2022
July 15, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 5, 2023
Updated personnel
Identified 2 new personnel
July 1, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Civic / social organizationsRecreational clubs
Issues
Human services
Characteristics
MembershipsState / local level
General information
Address
1819 Delaware Ave PO Box 260
Cape May, NJ 08204
Metro area
Ocean City, NJ
Website URL
cyccm.com/ 
Phone
(609) 884-8000
IRS details
EIN
21-6007748
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1948
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
N50: Recreational, Pleasure, or Social Club
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Independent
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