EIN 36-0935520

Columbia Yacht Club

IRS 501(c) type
501(c)(7)
Num. employees
82
Year formed
1965
Most recent tax filings
2022-12-01
Description
Since 1892, Columbia Yacht Club has been known as more than a ship on the Lake, as more than a sailing organization, as more than a dining room.
Total revenues
$3,348,956
2022
Total expenses
$3,185,458
2022
Total assets
$5,041,681
2022
Num. employees
82
2022

Program areas at Columbia Yacht Club

Membership services: the objective of Columbia Yacht Club (cyc) is to provide Club quarters for the convenience, entertainment, and continuing education of its yachting enthusiast members. The Club offers dining facilities, bar, banquet rooms, boat dockage, locker rooms, and equipment storage for its members. As of 12/31/22, cyc had 780 total members, a net decrease of 71 members from the prior year. The membership ranges in age from junior sailors (under 21 years of age) to honorary life (over 65). Approximately one third of the membership owns a boat, either sail or power, but all enjoy on the water activities or taking part in the many social activities held within the Club each month. Columbia Yacht Club is open february through december, tuesdays through sundays during the week. The "in-season" period from may to october is when the majority of the membership is active in the Club. Notice of upcoming events is provided to the membership via signage at the Club, email and social media.
Sailing and racing: since it was formed in 1892, the heart of the Columbia Yacht Club has been the sport of sailing in its many forms from racing to cruising. Racing enthusiasts enjoy "in-season" competition every wednesday night as well as the six weekend regattas the Club sponsors. Over 50 boats participate in the majority of the events. Cyc provides the yachting home for many of the premier racers in the midwest. Many cyc members place well in both local and national events. Results are important, but the true focus of Columbia is promoting the corinthian spirit, or courteous sportsmanship, among all boaters. The cruising fleet organizes four to six events a year both on the water and at the Club with an approximate fleet of 15-20 member boats and their guests. Members who do not own boats are welcome to participate as crew with the racers or guests of the cruisers.

Personnel at Columbia Yacht Club

NameTitleCompensation
Nick PhilipGeneral Manager$118,724
Jeffrey vander MeadePast Treasurer
Gretchen HornTreasurer$0
Tom TrulisController$91,494
Jack JensenSecretary / Director$0
...and 12 more key personnel

Financials for Columbia Yacht Club

RevenuesFYE 12/2022
Total grants, contributions, etc.$225,128
Program services$2,028,876
Investment income and dividends$3,191
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$1,091,761
Miscellaneous revenues$0
Total revenues$3,348,956

Form 990s for Columbia Yacht Club

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-01990View PDF
2021-122022-11-04990View PDF
2020-122021-11-09990View PDF
2019-122021-06-08990View PDF
2018-122020-02-03990View PDF
...and 8 more Form 990s

Organizations like Columbia Yacht Club

OrganizationLocationRevenue
South Shore Yacht ClubMilwaukee, WI$1,330,024
Norfolk Yacht and Country ClubNorfolk, VA$9,083,829
The Devon Yacht ClubAmagansett, NY$4,608,398
Oyster Harbors ClubOsterville, MA$7,118,434
Chicago Golf ClubWheaton, IL$4,216,881
Iron Horse Golf ClubWhitefish, MT$10,449,634
Coconut Grove Sailing ClubMiami, FL$3,511,412
Pine Brook Country ClubWeston, MA$12,691,089
Brookside Country ClubCanton, OH$5,198,107
Sunningdale Country Club IncorporatedScarsdale, NY$14,634,018
Data update history
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 23, 2024
Updated personnel
Identified 4 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 1, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 5, 2023
Updated personnel
Identified 5 new personnel
Nonprofit Types
Recreational clubsHeadquarter / parent organizations
Issues
Human servicesSports
Characteristics
MembershipsReceives government funding
General information
Address
111 N Lake Shore Dr
Chicago, IL 60601
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
columbiayachtclub.org/ 
Phone
(312) 938-3625
Facebook page
columbiayachtclub 
IRS details
EIN
36-0935520
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1965
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
N50: Recreational, Pleasure, or Social Club
NAICS code, primary
713910: Golf Courses and Country Clubs
Parent/child status
Central organization
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