Overview
What is Mentor Harbor Yachting Club?
The Mentor Harbor Yachting Club is a nonprofit organization located at 5330 Coronada Drive, Mentor, Ohio. Its primary mission is to promote and encourage yachting and sporting activities, providing a social space for its members. The club offers various harboring services, such as docking, fueling, oil changes, battery replacements, winter storage, and restaurant service. These services come at a cost that includes gasoline, oil, dock maintenance, dock steps, batteries, food, and payroll costs for employees. The club's workforce consists of 97 individuals who are responsible for services like launching and hauling out boats, pumping gas, and preparing boats for winter storage. The club also offers its members and their children the opportunity to develop new skills and interests in a relaxed, friendly environment.
Official website here: www.mhyc.us
What do the Facebook reviews say about Mentor Harbor Yachting Club?
88% of 279 reviewers on Facebook recommend Mentor Harbor Yachting Club. Here is a summary of their reviews:
Many individuals express a strong connection to the club's rich history, particularly reminiscing about memorable experiences from decades past. The mention of the "Crows Nest" highlights the lasting impact the club has had on its members over the years.
Overall, there is a sentiment of appreciation for the club's heritage and significance in the community, indicating that it fosters positive memories and relationships among its members.
This AI summary has been generated from reviews found on Facebook.
Is Mentor Harbor Yachting Club legitimate?
Mentor Harbor Yachting Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Mentor Harbor Yachting Club submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $293,381
Professional Fundraising Fees: $0
Other Salaries and Wages: $596,035
For more financial information, click here
Official website here: www.mhyc.us
What is the mission statement of Mentor Harbor Yachting Club?
The Mentor Harbor Yachting Club's mission is primarily focused on promoting and encouraging yachting and sports activities among its members. It aims to provide a club environment for social enjoyment. Additionally, the club offers its members and their children the chance to explore special interests and learn new skills in a relaxed and friendly atmosphere. The club's activities extend beyond yachting, providing opportunities for personal growth and skill development. Furthermore, the club offers harboring services, including docking, fueling, and maintenance, to its members, ensuring a convenient and well-maintained experience.
Official website here: www.mhyc.us
Who is the CEO of Mentor Harbor Yachting Club?
Michael Pettrey is the Clubhouse Manager of Mentor Harbor Yachting Club.
Official website here: www.mhyc.us
What is the revenue of Mentor Harbor Yachting Club?
Mentor Harbor Yachting Club's revenue in 2022 was $2,298,762.
Official website here: www.mhyc.us
Who are the executives of Mentor Harbor Yachting Club and what are their salaries?
The average compensation at Mentor Harbor Yachting Club during 2022 was $9,169. There are 97 employees and 40 volunteers at Mentor Harbor Yachting Club.
Here are 15 key members and their salaries:
- Compensation: $130,265
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- Other: $0
- Compensation: $75,203
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- Other: $0
- Compensation: $45,863
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- Other: $0
- Compensation: $42,050
- Related: $0
- Other: $0
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- Compensation: $0
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- Other: $0
Official website here: www.mhyc.us
Where can I find the form 990 for Mentor Harbor Yachting Club?
Mentor Harbor Yachting Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mhyc.us
Learn more at the official website: www.mhyc.us
Mission Statement of Mentor Harbor Yachting Club
The Mentor Harbor Yachting Club, in essence, exists to foster and encourage yachting and sporting activities among its members. Its mission extends beyond mere recreation, as it also aims to provide a social venue where members and their children can cultivate special interests and acquire new skills in a congenial atmosphere. The club offers various harboring services to its members, including docking, fueling, oil changes, battery replacements, winter storage, and restaurant service. These services come at a cost, including expenses for gasoline, oil, dock maintenance, dock steps, batteries, food, and payroll costs for employees who perform tasks such as launching and hauling out boats when necessary, pumping gas, and preparing boats for winter storage.
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Impact
October, 2024
Mentor Harbor Yachting Club fosters a vibrant community focused on yachting and recreational activities. By providing essential harboring services such as docking, fueling, winter storage, and maintenance, the club enhances the boating experience for its members while ensuring their vessels are well cared for.
Additionally, the club's mission to promote yachting and sporting activities encourages an active lifestyle, connecting members through shared interests and experiences on and off the water. This supportive environment also offers opportunities for families, allowing children to develop skills and pursue special interests in a friendly setting.
Through its social and recreational programs, Mentor Harbor Yachting Club not only enriches the lives of its members but also strengthens community ties in Mentor, Ohio, making it a vital hub for social enjoyment and sportsmanship.
This information is meant to be a general summary of Mentor Harbor Yachting Club. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $227
- Program Service Revenue: $1,735,505
- Gross Receipts: $3,027,295
Assets and Liabilities:
- Total Assets: $3,455,036
- Total Liabilities: $1,173,999
- Net Assets: $2,281,037
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$789,786
HARBOR
Revenue
$374,334
JUNIOR ACTIVITIES
Revenue
$118,641
CHANNEL
Revenue
$166,981
CAPITAL DUES
Revenue
$285,763
Organization Details
Founding Year
1928
Phone
(440) 257-7214Principal Officer
Michael Pettrey
Main Address
5330 CORONADA DR, MENTOR, OH, 44060
Website
www.mhyc.usNTEE Category
Code: N67 - Recreation
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