Richmond Yacht Club of California

EIN: 941278203 Recreation & Sports

Richmond, CA

Total Revenue
$3,195,457
Total Expenses
$2,496,035
Total Assets
$11,786,089
Net Assets
$9,715,668
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Financial Trends

Organization Details

Formation Year
1932
Legal Domicile
CA
Principal Officer
Ernie Galvan
Phone
5102372821
Tax Period
2025-01-01 to 2025-12-31

Richmond Yacht Club of California, founded in 1932, is a community nonprofit in the Recreation & Sports sector that reported $3.2M in total revenue in fiscal year 2025. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $699K, a strong 22% operating margin.

Mission

Yachting and social activities of the club which is organized for the pleasure and recreation of its members. The organization was formed to promote the science and art of navigation; to encourage yachting; to assist in making members proficient in the science of navigation.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $791,466
Program Service Revenue $2,315,249
Investment Income $50,335
Other Revenue $38,407
TOTAL REVENUE $3,195,457

Expense Breakdown

Grants Paid $267
Salaries & Benefits $777,210
Fundraising Expenses $0
Program Expenses $584,556
Other Expenses $1,718,558
TOTAL EXPENSES $2,496,035

Year-over-Year Comparison

2025 2024 Change
Revenue $3,195,457 $2,948,580 +0.1%
Expenses $2,496,035 $2,901,125 -0.1%
Net Income $699,422 $47,455 +13.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
10
Employees
44
Volunteers
270

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Curtis Lew Club Manager 40.00
$139,792 $100 $139,892
Greg Mitchell Rear Commodore 1.00
Officer Director
$0 $0 $0
John Paulling Director 1.00
Director
$0 $0 $0
Jim Quanci Vice Commodore 1.00
Officer Director
$0 $0 $0
Lynn Branstad Secretary 1.00
Officer Director
$0 $0 $0
Ernie Galvan Commodore 1.00
Officer Director
$0 $0 $0
Chris Straub Port Captain 1.00
Officer Director
$0 $0 $0
Michele Logan Treasurer 1.00
Officer Director
$0 $0 $0
Ira Potekhina Director 1.00
Director
$0 $0 $0
Mark Vandenberg Director 1.00
Director
$0 $0 $0
Steve Cameron Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $3,195,457 $2,496,035 $11,786,089 $699,422
2024 No data No data No data No data
2023 $2,864,901 $2,294,304 $10,709,440 $570,597
2022 $2,597,101 $2,301,013 $10,249,472 $296,088
2021 $2,429,560 $2,134,529 $10,266,487 $295,031
2020 $2,064,356 $1,940,283 $10,270,884 $124,073
2019 $2,430,155 $2,210,743 $11,101,477 $219,412
2018 $2,363,247 $2,236,072 $11,172,027 $127,175
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