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EIN 72-0323180

Southern Yacht Club of New Orleans

IRS 501(c) type
501(c)(7)
Num. employees
119
City
New Orleans
State
Louisiana
Year formed
1849
Most recent tax filings
2022-12-01
NTEE code, primary
N03: Recreation and Sports Professional Societies and Associations
Description
Southern Yacht Club of New Orleans promotes the sport of sailing. The club provides facilities for storing and maintaining boats and boating equipment, as well as instruction in the science of sailing and racing. It sponsors regattas and events to encourage participation in sailing. Programs include providing facilities for members to foster social interaction and storing and maintaining boats.
Total revenues
$5,360,268
2022
Total expenses
$5,218,837
2022
Total assets
$14,362,245
2022
Num. employees
119
2022

Program areas at Southern Yacht Club of New Orleans

Provides facilities for members to foster social interaction.
Provides instructions in the science of sailing.
Provides facilities for storing and maintaining boats.

Who funds Southern Yacht Club of New Orleans

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Allstate Sugar BowlTo Sponsor the Optimist Mid-Winter Regatta, the Great Oaks Regatta, the Soiland Cup, and the Viper Worlds.$42,500
Southern Sailing Foundation at New OrleansJuby-Wynn Regatta$1,000

Personnel at Southern Yacht Club of New Orleans

NameTitleCompensation
Ed GaskellGeneral Manager
Edward GaskellPast General Manager$210,779
Timothy B MolonyVice Commodore / Governing Committee Member$0
James R SanchezRear Commodore$0
Nathan P AdamsSecretary and Treasurer / Board Member$0
...and 11 more key personnel

Financials for Southern Yacht Club of New Orleans

RevenuesFYE 12/2022
Total grants, contributions, etc.$2,468,514
Program services$1,377,319
Investment income and dividends$9,982
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-6,227
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$1,433,315
Miscellaneous revenues$77,365
Total revenues$5,360,268

Form 990s for Southern Yacht Club of New Orleans

Fiscal year endingDate received by IRSFormPDF link
2022-122024-03-26990View PDF
2021-122022-11-15990View PDF
2020-122022-02-14990View PDF
2018-122019-09-14990View PDF
2017-122019-02-21990View PDF
...and 9 more Form 990s

Organizations like Southern Yacht Club of New Orleans

OrganizationLocationRevenue
The Nassau Club of Princeton New JerseyPrinceton, NJ$3,117,514
Tuxedo ClubTuxedo Park, NY$10,470,938
Petroleum Club of Fort WorthFort Worth, TX$1,451,769
The Buffalo ClubBuffalo, NY$8,910,156
Siasconset Casino AssociationSiasconset, MA$2,262,484
American Yacht Club (AYC)Rye, NY$10,969,122
Petroleum Club of LafayetteLafayette, LA$1,605,706
The Outing ClubDavenport, IA$2,301,416
Alta ClubSalt Lake City, UT$1,622,486
Stockmens Club of Imperial ValleyBrawley, CA$1,522,149
Data update history
May 24, 2024
Posted financials
Added Form 990 for fiscal year 2022
May 20, 2024
Updated personnel
Identified 3 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 26, 2023
Received grants
Identified 2 new grant, including a grant for $20,000 from Allstate Sugar Bowl
Nonprofit Types
Civic / social organizationsSports organizations
Issues
Human servicesCommunity improvementSportsBusiness and industry
Characteristics
MembershipsState / local level
General information
Address
105 N Roadway St
New Orleans, LA 70124
Metro area
New Orleans-Metairie, LA
County
Orleans Parish, LA
Website URL
southernyachtclub.org/ 
Phone
(504) 288-4200
IRS details
EIN
72-0323180
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1849
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
N03: Recreation and Sports Professional Societies and Associations
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Independent
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