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Filing year 2023

FIGURE EIGHT ISLAND YACHT CLUB INC

Wilmington, North Carolina·EIN 56-1377052·501(c)(7)
Total revenue
$5.7M
Total assets
$7.5M
Total expenses
$5.9M
Reported officers
14
Mission

SOCIAL CLUB PROVIDING RECREATIONAL FACILITIES FOR ITS MEMBERS INCLUDING SWIMMING, TENNIS, BOAT SLIP RENTALS, DINING AND SOCIAL ACTIVITIES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

General Manager
Median to 75th percentile
$223k
$244k
Base
$171k
Bonus
$44k
Other
Benefits
$3k
Accounting Manager
25th percentile to median
$127k
$139k
Chef/chef Asst.
Highest Compensated Employee
10th to 25th percentile
$125k
$136k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 11 unpaid individuals.

Up 3%
from 2022

From $216k in 2022 to $223k in 2023.

$216k
2022
$223k
2023
In today's dollarsEst.
Down 1% in real terms$247k to $244k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

General Manager pay rose 3% from 2022 to 2023, while revenue rose 6%.

$216k in 2022 to $223k in 2023.
  • Accounting Manager pay rose 5% from 2022 to 2023.
  • Highest Compensated Employee pay fell 4% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

FIGURE EIGHT ISLAND YACHT CLUB INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$5.4M
$5.8M
2022
$5.7M
$5.9M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about FIGURE EIGHT ISLAND YACHT CLUB INC

What does the General Manager of FIGURE EIGHT ISLAND YACHT CLUB INC earn?

In 2023, the General Manager of FIGURE EIGHT ISLAND YACHT CLUB INC received $223,163 in total compensation. This pay is above the median (the midpoint) for General Manager roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does General Manager pay at FIGURE EIGHT ISLAND YACHT CLUB INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the General Manager at FIGURE EIGHT ISLAND YACHT CLUB INC falls between the median and the 75th percentile.

What are FIGURE EIGHT ISLAND YACHT CLUB INC's revenue and expenses?

In 2023, FIGURE EIGHT ISLAND YACHT CLUB INC reported $5.7M in total revenue and $5.9M in total expenses on its IRS Form 990.

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