Miami Outboard Club Inc.

The Miami Outboard Club Inc. is a nonprofit organization located in Miami, Florida, focused on promoting the sport of boating and ensuring its safe practice. The club serves approximately 600 members and is committed to providing various programs related to sailing and boating activities.

Mission and Activities

The primary mission of the Miami Outboard Club involves promoting sailing and associated activities for its members. This includes offering individual and group sailing instruction for adults and youth, hosting lectures, clinics, classes, camps, regattas, and other boating events. Additionally, the club organizes receptions and conferences, meetings, social events, banquets, and provides boat storage services. The club also allows the sale of food and beverages to its members and guests, as well as to the general public with certain restrictions.

Financial Overview

Recent financial data show that the Miami Outboard Club Inc. reported revenues of approximately $2.49 million in one year and $2 million in another, with expenses of $2.22 million and $2 million respectively. The club's total assets have been valued at about $2.73 million and $2 million, while total liabilities ranged from $143,000 to $100,000 over the same periods.

Operational Structure

The club operates under a leased property agreement with the City of Miami, originally commencing in 1996 and extended through renewal options. It is a not-for-profit corporation dedicated to serving its membership base.

Governance

The Miami Outboard Club employs a workforce of about 19 staff members, reflecting its commitment to providing comprehensive services to its members. Details regarding the leadership structure, such as the CEO's salary, are subject to publicly available Form 990 filings.