Public Charity

FAIRHOPE YACHT CLUB

FAIRHOPE YACHT CLUB is a Public Charity headquartered in FAIRHOPE, AL. Financial data from the 2025 filing: $2.7M revenue, $2.5M expenses, $6.9M total assets.

EIN: 630249756 FAIRHOPE, AL Latest filing: 2025
Total Revenue$2.7M
Total Expenses$2.5M
Total Assets$6.9M
Grant Records0
Filing Years2020–2025

Mission

The organizations purpose is to support and encourage the sport of yachting including sailing racing power boating and cruising provide good fellowship among members and to encourage sportsmanship and general boating safety.

Where $100 goes at Fairhope Yacht Club

How Fairhope Yacht Club divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$18 Programs the work itself
$82 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $18 for programs

$10
Jr Sailing and training programs for4 high school programs for local high school students also with Jr Yacht Club Members
57% of program spending
$7
Harbor Slips
39% of program spending · Reported in the filing: 400 members
$1
Mainsheet
4% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Board Member Bob Kilner
Board Member Dan Beasley
Board Member David Roberts
General Manager David Willits
Board Chairman Ellis Ollinger
Commodore John Adams

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $2.7M $2.5M $6.9M
2024 $2.5M $2.5M $6.7M
2023 $2.2M $2.3M $6.8M
2022 $2.1M $2.0M $6.9M
2020 $1.5M $1.7M $6.8M

Between 2020 and 2025, reported annual revenue grew from $1.5M to $2.7M (+76%), with total assets most recently reported at $6.9M.

Interactive year-over-year charts and full filing details available with membership.

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