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SEAWANHAKA CORINTHIAN YACHT CLUB

CENTRE ISLAND, NY · EIN 111310150 · Form 990 · FY2024 · Medium ($1M-$10M) · seawanhaka.org
revenue
$6.6M
expenses
$6.4M
net assets
$5.0M
employees
89
volunteers
18
mission · from form 990

TO ENCOURAGE ITS MEMBERS TO BECOME PROFICIENT IN THE PERSONAL MANAGEMENT, CONTROL AND HANDLING OF THEIR YACHTS IN EVERY CONDITION.

profile · synthesized from sources

Seawanhaka Corinthian Yacht Club is a private, member-owned yacht club founded in 1871 on Centre Island in Oyster Bay, NY. It promotes amateur, or "Corinthian," yachting, emphasizing proficiency in seamanship, yacht handling, and competitive sailing. The club hosts regattas, supports junior sailing programs, and maintains reciprocal relationships with other yacht clubs worldwide.

named programs · 4 · from sources

What they call their work

Junior Sailing Program
Organized youth sailing program established before 1900, one of the first in the U.S., providing training and competition opportunities for young sailors
Reciprocal Club Privileges
Enables members to access privileges at over 100 accredited yacht clubs across the U.S. and internationally
Regattas and Racing Programs
Hosts world-class regattas including team racing, PHRF racing, fleet racing, distance racing, and one-design class events
Seawanhaka Cup
International match race series for small boats, first awarded in 1895; oldest active yachting trophy originating in America
activities · 5 groups

What they do

  • Recreational Boating and Sailing Programs 4 activities
    • Operate junior sailing and youth programs
      Runs a summer junior sailing program for youth of various ages and skill levels, including classroom instruction and on-water training, with a historical program established before the 20th century and formalized with a Junior Club in 1936.
    • Operate year-round sailing and boating programs
      Organizes and hosts a full range of sailing and boating activities including team racing, fleet racing, PHRF racing, one-design racing, distance racing, local and long-distance cruising, and winter sailing for members of all skill levels.
    • Provide yacht management and seamanship education and training
      Offers member education and training programs in yacht management, navigation, seamanship, cruising, competitive sailing, and race management to improve members' skills in handling yachts under all conditions.
    • Support women's sailing activities
      Hosts a ladies sailing program with over 70 years of history, offering weekly summer sailing events for women members and guests, including races followed by lunch, to promote sailing knowledge and participation.
  • Reciprocal Club Access Program 1 activity
    • Facilitate reciprocal access for visiting yacht club members
      Maintains reciprocal relationships with accredited yacht clubs, providing visiting members access to moorings, Clubhouse facilities, and dining services.
  • Amateur Sports Competition Programming 1 activity
    • Host regattas and competitive sailing events
      Organizes and hosts local, national, and international regattas, including weekly, bi-weekly, and annual events such as the Oyster Bay Challenge, Corinthian Young Guns, and high-level national competitions, and publishes results for racing events.
  • Private Club Dining Services 1 activity
    • Provide access to club facilities and services
      Operates a full-service Clubhouse offering fine and casual dining, social events, private functions, and overnight guest rooms, with advance reservations required for dining and access to facilities for members and guests.
  • Uncategorized 5 activities
    • Advance yacht racing rules and amateur participation
      Advocated for fair amateur competition by passing early rules against shifting ballast and prohibiting professional sailors from helming in local races, promoting Corinthian (amateur) sailing principles.
    • Conduct historical innovation in yacht design
      Produced one of the first yacht designs on paper (VINDEX), marking a departure from traditional building-by-eye methods and contributing to modern naval architecture.
    • Develop scientific yacht racing handicap systems
      Developed and implemented the first scientific handicap rule in yacht racing to enable fair competition among vessels of different designs.
    • Operate full-service boatyard for yacht maintenance
      Provides comprehensive yacht repair and maintenance services to members through an on-site boatyard facility.
    • Provide real-time harbor status updates
      Offers real-time information on vessel status, indicating when members' yachts are in or out of harbor.
financials · form 990 · fy2024
revenue
Total revenue$6.57M
Contributions & grants$72K1%
Program service revenue$2.81M43%
Investment income$75K1%
Other revenue$3.62M
expenses
Total expenses$6.43M
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$3.76M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$7.32M
Cash$1.39M
Investments$313K
Liabilities$2.33M
Net assets$4.99M
Liquid reserves3.2 mo
4 years on record · 2020–2024 · YoY revenue +13.4%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 4
NameTitleHours/wkCompensation
TOMAS RUIZ GENERAL MANAGER 40 $197K
ROBERT SATORY BOATYARD MANAGER 40 $183K
DANIELLE IMPARATO ASSISTANT CONTROLLER 40 $121K
DAVID RISCH BOATYARD SERVICE MANAGER 40 $116K
board members · 18
  • ALEX URDEA — TRUSTEE
  • ALLEN J UNDERWOOD IIESQ — TRUSTEE
  • AVRAM LESSMAN — TRUSTEE
  • BRUCE W SCHADLER JR — TRUSTEE
  • CARRIE PACKARD — TRUSTEE
  • CHRISTINA BLAISE — TRUSTEE
  • CHRISTINA W MEYER — TRUSTEE
  • COBURN PACKARD — TRUSTEE
  • DAVID S MEYER — TRUSTEE
  • JESSICA GARRISON — TRUSTEE
  • JOHN P CHRISTMAN — TRUSTEE
  • JULIAN P FISHER II — VICE-COMMODORE
  • KAREN J MARTIN — SECRETARY
  • MICHAEL SNIFFEN — TRUSTEE
  • PAULA GONTHIER — TRUSTEE
  • PETER C TROXLER — REAR-COMMODORE
  • ROBERT W FAGIOLA — COMMODORE
  • W RUSSELL G BYERS JR — TREASURER
relationships · 113

Who they work with

  • American Yacht Club Partner — Reciprocal relationship allowing member access between clubs.
  • Annapolis Yacht Club Partner — Reciprocal relationship allowing member access between clubs.
  • Annisquam Yacht Club Partner — Reciprocal relationship allowing member access between clubs.
  • Atlantic Highlands Yacht Club Partner — Reciprocal relationship allowing member access between clubs.
  • Balboa Yacht Club Partner — Reciprocal relationship allowing member access between clubs.
  • Beach Point Yacht Club Partner — Reciprocal relationship allowing member access between clubs.
  • Belle Haven Club Partner — Reciprocal relationship allowing member access between clubs.
  • Black Rock Yacht Club Partner — Reciprocal relationship allowing member access between clubs.
  • Bristol Yacht Club Partner — Reciprocal relationship allowing member access between clubs.
  • Cayman Island Sailing Club Partner — Reciprocal relationship allowing member access between clubs.
  • Cedar Point Yacht Club Partner — Reciprocal relationship allowing member access between clubs.
  • Centerport Yacht Club Partner — Reciprocal relationship allowing member access between clubs.
  • Chesapeake Yacht Club Partner — Reciprocal relationship allowing member access between clubs.
  • Chicago Yacht Club Partner — Reciprocal relationship allowing member access between clubs.
  • Circolo Canottieri Aniene Partner — Reciprocal relationship allowing member access between clubs.
  • City Island Yacht Club Partner — Reciprocal relationship allowing member access between clubs.
  • Clubhouse Online Partner — Hosts regatta results and member services through Clubhouse Online platform.
  • Cold Spring Harbor Beach Club Partner — Collaborates with Cold Spring Harbor Beach Club to include its women members and guests in the ladies sailing program.
  • Cold Spring Harbor Beach Club Partner — Reciprocal relationship allowing member access between clubs.
  • Coral Reef Yacht Club Partner — Reciprocal relationship allowing member access between clubs.
  • Corinthian Yacht Club, MA Partner — Reciprocal relationship allowing member access between clubs.
  • Dana Point Yacht Club Partner — Reciprocal relationship allowing member access between clubs.
  • Del Rey Yacht Club Partner — Reciprocal relationship allowing member access between clubs.
  • Devon Yacht Club Partner — Reciprocal relationship allowing member access between clubs.
  • Douglaston Club Partner — Reciprocal relationship allowing member access between clubs.
  • Eastern Yacht Club Partner — Reciprocal relationship allowing member access between clubs.
  • Edgartown Yacht Club Partner — Reciprocal relationship allowing member access between clubs.
  • Essex Yacht Club Partner — Reciprocal relationship allowing member access between clubs.
  • Facebook Partner — Social media presence for the junior sailing program
  • Houston Yacht Club Partner — Reciprocal relationship allowing member access between clubs.
+ 83 more
strategies · 5

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.

  • Corinthian Sailing Principles to Promote Sportsmanship
    methodology: corinthian_sailing
    By promoting amateur yachting through the Corinthian ideal, the club fosters fair play and lifelong enjoyment of the sport because non-professional participation emphasizes integrity, inclusivity, and love of sailing over competition.
  • Hands-on Skill Development for Safety and Proficiency
    methodology: hands-on_maritime_training
    By providing hands-on maritime training in yacht management and handling, the club improves member safety and proficiency in all conditions because experiential learning builds practical competence and confidence.
  • Inclusive Participation Across Skill and Age Levels
    methodology: inclusive_access
    By structuring racing and sailing programs to include all skill levels and age groups—including beginners, youth, and non-owners—the club increases engagement and retention because accessible, low-barrier opportunities encourage broader and more sustained participation.
  • Junior and Women-Focused Programming to Expand Access
    methodology: inclusive_youth_and_women_programs
    By offering dedicated junior development and women-only sailing programs, the club cultivates diverse, lifelong participation because targeted support addresses historical underrepresentation and builds confidence in emerging sailor communities.
  • Member-Driven Engagement to Strengthen Community
    methodology: member_driven_engagement
    By designing flexible, member-driven cruising and on-land social activities, the club fosters a strong maritime community because autonomy in participation deepens personal investment and social connection to the club.