Membership Types and Costs
Dues are set by membership and are adjusted from time to time based upon majority vote of the membership at the Annual Membership Meeting or a Special Meeting called for the purpose. The Capital Improvement Fund (CIF) is established for the purposes of having a fund for the purposes of making major improvements to the facilities at DCYC. Expenditures of CIF are made by majority vote of the membership at the Annual Membership Meeting or a Special Meeting called for the purpose.
A check in the amount of $550 plus 8.25% sales tax ($45.38) = $595.38 payable to Dallas Corinthian Yacht Club must be included with your membership application. This fee includes taxes.
Previous members who have resigned in good standing and wish to reapply for resident membership may pay only 50% of the current initiation fee. The Board of Governors establishes the Initiation Fee and may modify from time to time for the benefit of the membership.
Dues currently consist of $100 membership (and $8.25 in tax) plus $50 Capital Improvement Fund (CIF) for a total of $158.25.
A RESIDENT must be at least 21. A RESIDENT is entitled to hold a membership certificate and to vote in any club membership meeting and to hold any elective office in the Club. RESIDENT membership also entitles the spouse of the RESIDENT to hold Club office and to cast the RESIDENT’S vote, both as provided in other sections in these by-laws. A RESIDENT’S spouse is not entitled to hold a separate membership certificate, but is entitled to hold all other RESIDENT member privileges not specifically requiring such certificate or specifically denied by this or other sections of these Bylaws. Upon the death of a RESIDENT member, the surviving spouse may assume the membership with its privileges and obligations. A RESIDENT member’s child under 21 shall have the same privileges as the RESIDENT’S spouse, but shall not vote nor hold elective office. When any such child shall reach age 21, all the above privileges shall cease and the child shall have no privileges except as the guest of a Club member as provided elsewhere in these by-laws and Club policy.
Dues currently consist of $46.61 operational, $10.55 Capital Improvement Fund (CIF) and $3.85 in taxes (total $61.01).
ASSOCIATE members must be at least 18, but may not remain an ASSOCIATE beyond his/her 25th birthday; at which age he/she is required to convert his/her membership to that of RESIDENT or relinquish Club membership. An ASSOCIATE may not hold a membership certificate, vote, nor hold elective office. The age referenced above shall apply to the older spouse if the ASSOCIATE member is married. An ASSOCIATE may, with Board approval, convert to Residential status at any time, but if he/she shall have been an ASSOCIATE for fewer than one year, he/she will be required to pay a conversion fee equal to the difference between his/her original ASSOCIATE initiation fee and the current Resident initiation fee. Upon the death of an ASSOCIATE member, the surviving spouse may assume the membership, its privileges and obligations, provided said spouse is at least 18 years of age and no older than 24.
NON-RESIDENT members must have already been a Resident or an Associate member. The NON-RESIDENT must live outside of a radius of 75 miles from the Club and my not hold a membership certificate and may not vote nor hold elective office. A NON-RESIDENT may, with Board approval, convert his membership status to RESIDENT. Upon the death of a NON-RESIDENT, the surviving spouse may assume the membership with its privileges and obligations, providing said spouse is at least 21 years.