YPYC Annual Billing Guidelines

The purpose of the annual billing guidelines is to standardize the club’s  dues collection process. As established in the bylaws of Yankee Point  Yacht Club, the board of trustees shall establish the annual dues in time  to be published in the January Mainsheet. The following guidelines have  been established for the collection of annual dues: 

Dues: Yankee Point Yacht Club has the following categories  of membership and annual dues as of January 1, 2018: 

 Family $575.00 

 Single$ 400.00 

 Out-of-state* $ 75.00 

 Late Payment Fee $ 10.00 

 Initiation Fee $300.00 

 Reinstatement Fee $100.00 

* Out of state member is one who maintains neither a residence nor a boat within the Commonwealth of Virginia 

Full payment of dues is required by January 31. 

The Secretary, as instructed by the Treasurer, shall notify members of dues payments by mail, email or other acceptable method, and the annual dues and due date shall be published in the January Mainsheet along with the name and Club address of the Treasurer. 

After January 31: add late fee Notification: The Treasurer will send past due notices to members in arrears on or about February 15. In March, after receiving authorization from the Board, the Treasurer will send notice to members who are still not current on their dues that club privileges are suspended until dues are current. 

Members not current at the end of 90 days will, at the board's discretion, have their memberships revoked. Prior to revocation, the Treasurer or other Board member appointed by the Commodore will call such members, advise them of the pending actions and offer them an opportunity to appeal to the Board in writing or in person. The Board is urged to use discretion in cases of financial hardship. 

Reinstatement of Membership: 

A former member may reapply for membership by completing an  Application for Membership. The new member Initiation Fee will not  apply, however; the Reinstatement Fee will apply. The Application for  Membership and Reinstatement Fee shall be processed according to the  New Member Application Procedures.