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AMERICAN YACHT CLUB

RYE, NY · EIN 131695650 · Form 990 · FY2023 · Large ($10M-$50M) · americanyc.org
revenue
$11.7M
expenses
$10.6M
net assets
$16.2M
employees
215
volunteers
16
mission · from form 990

THE AMERICAN YACHT CLUB (THE "CLUB") WAS ORGANIZED TO PROMOTE SOCIAL RECREATION AMONG IT'S MEMBERS AND TO ENCOURAGE SAILING AND YACHTING ACTIVITIES.

profile · synthesized from sources

The American Yacht Club, founded in 1883 in Rye, New York, is a private social and recreational club focused on yachting and sailing activities. It serves its members through a range of maritime services including mooring, launch transportation, and organized sailing events. The club maintains a historic clubhouse on Long Island Sound and supports competitive sailing, including participation in national and international regattas.

named programs · 3 · from sources

What they call their work

Annual Invitational Cruise
Family-oriented sailing competition testing seamanship and navigation skills, combining recreation with competitive sailing traditions.
Launch Service
Provides transportation for members and guests to and from vessels moored in the AYC mooring field, operating daily with seasonal hours.
Sailing Programs and Regattas
Organizes competitive sailing events and supports member participation in national and international races, including Olympic-level competition.
activities · 2 groups

What they do

  • Recreational Boating and Sailing Programs 4 activities
    • Facilitates recreational sailing and yachting activities for members
      Organizes and promotes member sailing activities, including regattas and the Annual Invitational Cruise, which emphasizes family participation and tests sailing skills. The club has a history of competitive success, with members winning championships at regional, national, and world levels, including an Olympic bronze medal in 1996.
    • Operates and maintains a shore station and waterfront facilities
      Owns and maintains 12 acres of land at Scotch Caps in Rye, NY, used as a shore station. The club maintains a USCG inspection certificate for its launch vessels, which are authorized to carry up to 19 passengers, and provides seasonal launch service for transportation to and from moored vessels, operating through November 2.
    • Provides on-water assistance and reservation services for visiting yachtsmen
      Monitors VHF channel 71 to assist visiting yachtsmen and manages mooring reservations in coordination with the Dock/Harbor Master to ensure guaranteed placement.
    • Provides public access to sailing program and event information
      Maintains online resources with information about sailing programs, regattas, and club news for public access.
  • Private Club Dining Services 1 activity
    • Offers dining services at club facilities
      Provides lunch and dinner service at two club locations—Scotch Caps Tavern Room and Soundview Dining—open Thursday through Sunday.
financials · form 990 · fy2023
revenue
Total revenue$11.67M
Contributions & grants$83K1%
Program service revenue$7.83M67%
Investment income$219K2%
Other revenue$3.54M
expenses
Total expenses$10.63M
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$5.88M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$16.67M
Cash$5.43M
Investments$2.46M
Liabilities$491K
Net assets$16.18M
Liquid reserves8.9 mo
5 years on record · 2019–2023 · YoY revenue +6.4%
leadership · form 990 part vii · fy2023

Who runs it

paid leadership · 6
NameTitleHours/wkCompensation
JEFFREY MARTOCCI GENERAL MANAGER 40 $301K
STEPHEN RUCCI CONTROLLER 40 $214K
WILLIAM PUTERBAUGH HARBOR CAPTAIN 40 $202K
NICOLE MCGEE CHEF 40 $179K
GARY LAU EVENTS MANAGER 40 $172K
HUMPHREYS DANIELLE ASSISTANT GENERAL MANAGER 40 $169K
board members · 16
  • BARRY GOLD — REAR COMMODORE
  • BRUCE E MCCARTHY — BOARD MEMBER
  • ELIZABETH C ALEXANDER — COMMODORE
  • ELIZABETH S LUCIANO — BOARD MEMBER
  • ERIK GRABER — BOARD MEMBER
  • ERIK T ASGEIRSSON — BOARD MEMBER
  • ERNEST BOURASSA — TREASURER
  • GIFF CONSTABLE — BOARD MEMBER
  • HILARY BURT — BOARD MEMBER
  • JILL PETERS MACVICAR — BOARD MEMBER
  • LAURA BRETT — SECRETARY
  • MELISSA MAHONEY WIRTH — BOARD MEMBER
  • MICHAEL M BEERS — BOARD MEMBER
  • RICHARD B JESSOP — BOARD MEMBER
  • SCOTT T FLORIO — BOARD MEMBER
  • THOMAS TOBIN — VICE COMMODORE
relationships · 6

Who they work with

  • Bell 42 Partner — Blog publishing news and updates related to American Yacht Club activities.
  • Dock/Harbor Master Partner — Responsible for confirming mooring reservations at the American Yacht Club.
  • Jay Gould Partner — Co-founded the American Yacht Club in New York City along with a group of associates.
  • The AYC Sailing Hub Partner — Online platform providing information about sailing programs and regattas.
  • Wainwright family Partner — Sold 12 acres of land known as Scotch Caps to the American Yacht Club in 1887.
  • recognized yacht clubs Partner — Welcomes visiting yachtsmen from recognized yacht clubs.
strategies · 2

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Community-Based Recreation for Member Engagement
    methodology: community-based recreation
    By organizing social and recreational sailing activities, the club fosters sustained member engagement in yachting and strengthens community bonds through shared maritime experiences, because shared participation in structured recreation deepens affiliation and retention.
  • Family-Integrated Sailing Competition Model
    methodology: family-integrated sailing competition
    By combining competitive sailing with family participation and recreational elements, the club promotes seamanship and long-term community involvement because integrating families increases inclusivity and multi-generational commitment to the sport.