EIN 21-6007748

Corinthian Yacht Club of Cape May

IRS 501(c) type
501(c)(7)
Num. employees
64
Year formed
1948
Most recent tax filings
2023-12-01
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
$1,241,330
2023
Total expenses
$913,731
2023
Total assets
$1,886,009
2023
Num. employees
64
2023

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, a weekly ocean race series and many MAYRA sailing competitions. The social events occur throughtout 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. Ninety-seven 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 regattas.

Personnel at Corinthian Yacht Club of Cape May

NameTitleCompensation
Carol YorkTreasurer$0
Sailing DirectorSailing Director
Club ManagerClub Manager
Geoffrey KingVice Commodore$0
Michael YeagerDirectorfinance / Directorfinance / Directorfinance / Directorfinance / Director; Financial Officer / Finance Chairman$0
...and 9 more key personnel

Financials for Corinthian Yacht Club of Cape May

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$1,014,179
Investment income and dividends$2,122
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$1,350
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$223,679
Miscellaneous revenues$0
Total revenues$1,241,330

Form 990s for Corinthian Yacht Club of Cape May

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-30990View PDF
2022-122023-10-28990View PDF
2021-122022-11-10990View PDF
2020-122021-11-02990View PDF
2019-122021-04-01990View PDF
...and 8 more Form 990s

Organizations like Corinthian Yacht Club of Cape May

OrganizationLocationRevenue
Fort Worth Horseshoe ClubBenbrook, TX$402,863
Channel Islands Yacht ClubOxnard, CA$436,112
Washington Columbian ClubWashington, MO$733,010
Social Club of Palm CoastPalm Coast, FL$443,267
Chattanooga Yacht ClubChattanooga, TN$807,125
Kitchi Gammi ClubDuluth, MN$2,343,042
Washington Elks Club and Building AssociationWashington, MO$459,811
Yacht Club of Sea Isle CitySea Isle City, NJ$1,449,941
The Coronado ClubHouston, TX$3,598,558
The Centennial ClubNashville, TN$774,661
Data update history
September 23, 2024
Updated personnel
Identified 2 new personnel
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
Nonprofit Types
Civic / social organizationsRecreational clubs
Issues
Human services
Characteristics
State / local level
General information
Address
1819 Delaware Ave PO Box 260
Wildwood, NJ 08260
Metro area
Ocean City, NJ
County
Cape May County, 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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