EIN 36-0911690

Chicago Yacht Club (CYC)

IRS 501(c) type
501(c)(7)
Num. employees
230
Year formed
1875
Most recent tax filings
2023-12-01
Description
To encourage, promote, and develop knowledge, participation, and enjoyment of all aspects of yachting. The Chicago Yacht Club will be the club membership of choice for those with yachting interest.
Total revenues
$6,199,385
2023
Total expenses
$5,877,968
2023
Total assets
$9,992,611
2023
Num. employees
230
2023

Program areas at CYC

The Club provides food, beverage and docking facilities for members and their guests. The Club also conducts a sailing school to promote the safety and enjoyment of sailing. In addition, the Club hosts and conducts yachting regattas for the recreation and pleasure of members, guests, and other competitors.

Grants made by CYC

GranteeGrant descriptionAmount
Chicago Yacht Club FoundationTo Provide Monetary Support To Organization$57,426
Big Brothers Big Sisters of Metropolitan ChicagoTo Provide Monetary Support To Organization$26,708
One Family IllinoisTo Provide Monetary Support To Organization$17,577

Who funds Chicago Yacht Club (CYC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Urban Gateways (Donald R Wilson JR Ttee)General Support$100,000
Urban Gateways (Donald R Wilson JR Ttee)General Support$10,000
Pinnacle Foundatino NFPTo Assist Small Organizations That Make Large Differences in the Lives of Others Through the Arts, Education, and Community Service.$6,265

Personnel at CYC

NameTitleCompensation
Jim WilliamsonGeneral Manager$194,665
Dennis DieballOn the Water Director$110,917
Keith BrennanController$100,589
Michael J KovacsTreasurer$0
Lisa CurcioCommodore$0
...and 13 more key personnel

Financials for CYC

RevenuesFYE 12/2023
Total grants, contributions, etc.$455,775
Program services$5,866,537
Investment income and dividends$369
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$5,620
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-881,171
Miscellaneous revenues$752,255
Total revenues$6,199,385

Form 990s for CYC

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-11990View PDF
2022-122023-10-09990View PDF
2021-122022-10-24990View PDF
2020-122021-11-15990View PDF
2019-122021-06-25990View PDF
...and 11 more Form 990s

Organizations like CYC

OrganizationLocationRevenue
The Annapolis Yacht ClubAnnapolis, MD$10,221,791
Union Club of BostonBoston, MA$1,900,546
Duquesne ClubPittsburgh, PA$12,906,537
The Center ClubBaltimore, MD$6,388,663
University Club of the City of Washington DCWashington, DC$8,023,299
Columbia ClubIndianapolis, IN$5,248,229
Austin ClubAustin, TX$1,899,904
The California ClubLos Angeles, CA$8,861,717
The Chicago ClubChicago, IL$11,304,616
The Somerset ClubBoston, MA$2,449,186
Data update history
July 14, 2024
Received grants
Identified 3 new grant, including a grant for $100,000 from Urban Gateways (Donald R Wilson JR Ttee)
December 4, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 3, 2023
Updated personnel
Identified 8 new personnel
November 27, 2023
Used new vendors
Identified 1 new vendor, including
July 27, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Civic / social organizationsRecreational clubsHeadquarter / parent organizations
Issues
Human services
Characteristics
MembershipsState / local levelCommunity engagement / volunteering
General information
Address
400 E Monroe St
Chicago, IL 60603
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
chicagoyachtclub.org/ 
Phone
(312) 861-7777
Facebook page
cycmonroe 
Twitter profile
@chicagoyc 
IRS details
EIN
36-0911690
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1875
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
Central organization
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