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Edgewater Yacht Club, Inc. Fee Schedule
Effective January 1, 2023
Initiation, Dues, Capital Fund, Storage and unused Minimum Spending are subject to State Sales Tax.
Initiation fees are non-refundable.
Should you have any Membership questions, please contact our Membership Chairperson, Nadja Hutchins, at membership@edgewateryacht.club
EYC Membership Application
*Extension of Privileges: Any Member shall have the right to extend privileges of the Club to their children, up to and including the age of twenty (20) and/or to a qualified domestic partner as defined by the Board of Trustees. Members will be held responsible for all indebtedness incurred by their children or qualified domestic partner (click here for the domestic partnership form).
Dockage & Storage Fees:
| Dockage |
$1.90 per square foot of dock (length x width)
For 50 amp: $2.20 per square foot of dock
|
| Dry Sail: |
|
| Small 8x20 - $380.00 |
|
| Standard 10x26 - $617.00 |
|
| Large 11x36 - $940.00 |
|
| Winter Storage |
$ 3.75 x length x width + tax |
Junior Active Membership: 18-29 years of age
*Any person who has passed his or her eighteenth (18th) birthday andhas not yet reached his or her thirtieth (30th) birthday shall be eligible for and, if elected, shall be known as a “Junior Active Member.” A Junior Active Member shall automatically become an Intermediate Active Member when such person attains the age of thirty (30) years and shall enjoy all the rights and privileges of the Club, including the right to vote, the right to hold office, the accrual of seniority, and dock and storage privileges.
| Initiation $2,000 + tax |
| Monthly Dues |
$92.00 + tax |
| Monthly Minimum Spending |
$70.00 + tax (except January) |
| Capital Project Fund |
$30.00 + tax |
| |
Total $192.00 + tax per month |
Intermediate Active Membership: 30-39 years of age
*Any person who has passed his or her thirtieth (30th) birthday and has not yet reached his or her fortieth (40th) birthday shall be eligible for and, if elected, shall be known as an “Intermediate Active Member.” An Intermediate Active Member shall automatically become a Regular Active Member when such person attains the age of forty (40) years and shall enjoy all the rights and privileges of the Club, including the right to vote, the right to hold office, the accrual of seniority, and dock and storage privileges.
| Initiation $6000 + tax |
| Monthly Dues |
$156.40 + tax |
| Monthly Minimum Spending |
$ 70.00 + tax (except January) |
| Capital Project Fund |
$ 51.00 + tax |
| |
Total $277.40 + tax per month |
Regular Active Membership: 40-64 years of age
*Any person who has passed his or her fortieth (40th) birthday shall be eligible for and, if elected, shall be known as “Regular Active Member" and shall enjoy all the rights and privileges of the Club, including the right to vote, the right to hold office, the accrual of seniority, and dock and storage privileges.
| Initiation $8,000 + tax |
| Monthly Dues |
$184.00 + tax |
| Monthly Minimum Spending |
$ 70.00 + tax (except January) |
| Capital Project Fund |
$ 60.00 + tax |
| |
Total $314.00 + tax per month |
Senior Active Membership: 65 and older
*Any person who has passed his or her sixty-fifth (65th) birthday shall be eligible for and, if elected shall be known as a "Senior Active Member" and shall enjoy all the rights and privileges of the Club, including the right to vote, the right to hold office, the accrual of seniority, and dock and storage privileges.
| Initiation $4,000 + tax |
| Monthly Dues |
$184.00 + tax |
| Monthly Minimum Spending |
$ 70.00 + tax (except January) |
| Capital Project Fund |
$ 60.00 + tax |
| |
Total $314.00 + tax per month |
**schedule of discounts on dockage and storage depending on seniority, all other fees remain the same.
**Scale (Always round down)
10-14 Years = 5%
15-19 Years = 10%
20-24 Years = 15%
25 Years and Over = 20%
Social Membership:
*Social Membership shall be open to all persons age twenty-one (21) and older. Social Members shall enjoy the rights and privileges of the Club, but shall not have the right to vote, hold Club office, or have dock, dry sail,or storage privileges. Social Members shall pay such initiation, dues, fees and assessments as shall be established by the Board of Trustees.
| Initiation $6,000.00 + tax |
| Monthly Dues |
$ 138.00 + tax |
| Monthly Minimum Spending |
$ 70.00 + tax (except January) |
| Capital Project Fund |
$ 45.00 + tax |
| |
Total $253.00 + tax per month |
Life Membership:
*Life Membership shall be open to any Active Member of the Club in good standing who shall pay such fees and meet such requirements (
Life Membership Criteria) as shall from time to time be determined by the Board of Trustees. Life Membership shall be granted by a majority vote of the Board of Trustees based on the investigation and report of the Membership Committee. Life Members shall enjoy all the rights and privileges that are enjoyed by Active Members. Life Members shall not be required to pay dues, minimum spending, or assessments.
Primary Corporate Membership:
*Corporate Membership shall be open to officers and employees of a bona fide business enterprise that meet such requirements as shall from time to time be determined by the board of Trustees. Each Corporate Membership shall have at least one (1) Primary Corporate Member and at least one (1), but not more than nine (9), Secondary Corporate Members. Primary Corporate Members. The Primary Corporate member shall enjoy all the rights and privileges of the Club, including the right to vote, the right to hold office, the accrual of seniority, and dock and storage privileges.
**Please Note: Corporate Membership Transfer The persons designated as the Primary or Secondary members may be transferred to another employee of the Corporate Member not more than once per calendar year (except in the event of death or termination of employment) upon (i) the successful completion of the application process by such proposed transferee, and (ii) the payment of such transfer fee as the Board of Trustees shall prescribe.
| Initiation $9,660 + tax |
| Monthly Dues |
$156.40 + tax |
| Monthly Minimum Spending |
$ 70.00 + tax (except January) |
| Capital Project Fund |
$ 51.00 + tax |
| |
Total $277.40 + tax per month |
Secondary Corporate Membership:
*Secondary Corporate Member(s) shall be open to all persons age twenty-one (21) and older. Secondary Corporate Membership(s) shall enjoy all the rights and privileges of the Club, but shall not have the right to vote, hold Club office, or have dock, dry sail, or storage privileges. Dockage or dry sail space will be available to Secondary Corporate Members only with the approval of the Dock Assignment Committee and the Board of Trustees. Secondary Corporate Members may not deny Active Members, Life Members, Primary Corporate Members, or Non-Resident Members dock or dry sail space at any time.
| Initiation is included with the Primary corporate Membership |
| Monthly Dues |
$ 147.20 + tax |
| Monthly Minimum Spending |
$ 70.00 + tax (except January) |
| Capital Project Fund |
$ 48.00 + tax |
| |
Total $265.20 + tax per month |
**Please Note: Corporate Membership Transfer. The persons designated as the Primary or Secondary members may be transferred to another employee of the Corporate Member not more than once per calendar year (except in the event of death or termination of employment) upon (i) the successful completion of the application process by such proposed transferee, and (ii) the payment of such transfer fee as the Board of Trustees shall prescribe.
Non-Resident Status:
*Non Resident Membership in the Club shall be open to all persons who do not reside within fifty (50) miles of Edgewater Yacht Club. Non-Resident Members shall enjoy the following rights and privileges of the Club; the accrual of seniority, and dock and storage privileges however Non-Resident Members are not eligible to vote, or hold Club office. Dockage or dry sail space will be available to Non-Resident Members only with the approval of the Dock Assignment Committee and the Board of Trustees. Non-Resident Members may not deny Active Members or Life Members dock or dry sail space at any time.
| Initiation $8,000 + tax |
| Monthly Dues |
$184.00 + tax |
| Monthly Minimum Spending |
$ 0.00 + tax |
| Capital Project Fund |
$ 60.00 + tax |
| |
Total $244.00 + tax per month |
Sustaining Membership:
*Sustaining Membership shall be open to any Active Member of the Club. Sustaining Membership shall entitle such member to full participation in all Club activities and social privileges in the Club. However, a Sustaining Member shall not have the following privileges: i) the right to vote; ii) the right to hold office; iii) the right to participate in Club yachting activities except as a member of a crew of an Active Member or to the extent that membership of such member in another I-LYA Club would normally entitle participation; iv) the use of dockage facilities except to the extent that such Sustaining Member's membership in another
I-LYA Club would normally entitle such Sustaining Member to the use of dockage facilities as a guest; or v) the accrual of additional seniority. Violations of the foregoing restrictions will result in forfeiture of a Sustaining Member's rights and status for one year and such Sustaining Member shall then be subject to all obligations of an Active Member to maintain the membership for that year. A Sustaining Member shall maintain accrued seniority in the Club.
*Jr. Sustaining: 18-29 years of age
| Monthly Dues |
$ 55.20 + tax |
| Monthly Minimum Spending |
$ 0.00 + tax |
| Capital Project Fund |
$ 18.00 + tax |
| Jr Sustaining Total $73.20 + tax per month |
*Intermediate Sustaining: 30-39 years of age
| Monthly Dues |
$ 93.85 + tax |
| Monthly Minimum Spending |
$ 0.00 + tax |
| Capital Project Fund |
$ 30.60 + tax |
| Intermediate Sustaining Total $124.45 + tax per month |
*Regular / Senior Sustaining: 40 and older
| Monthly Dues |
$ 110.40 + tax |
| Monthly Minimum Spending |
$ 0.00 + tax |
| Capital Project Fund |
$ 36.00 + tax |
| Regular / Senior Sustaining Total $146.40 + tax per month |
**Please Note: Any Active Member of the Club may transfer from Active to Sustaining, and any Sustaining Member that was formerly an Active Member may transfer from Sustaining to Active status by submitting written notice to the
Secretary through the Club Office. No Member may transfer from Active to Sustaining status more than once within an eighteen (18) month period; however Members may transfer from Sustaining to Active status at any time. Special circumstances may be considered by the Board of Trustees.
updated 1/3/23