Overview
What is Detroit Yacht Club?
The Detroit Yacht Club, situated at 1 Riverbank Road, Belle Isle, Detroit, MI 48207, operates as a nonprofit organization. Its primary mission is to deliver pleasure and recreation to its members, predominantly through boating and social activities. The club is renowned for offering an array of outstanding dining, social, recreational, and boating programs, catering to the needs of its members, families, and guests. With a team of 213 dedicated individuals, the Detroit Yacht Club continues to provide a welcoming environment for its community.
Official website here: www.dyc.com
Is Detroit Yacht Club legitimate?
Detroit Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Detroit Yacht 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,488,262
For more financial information, click here
Official website here: www.dyc.com
What is the mission statement of Detroit Yacht Club?
The Detroit Yacht Club, being a historic and private entity, is committed to offering a range of exceptional dining, social, recreational, and boating programs for its members, their families, and guests. Its mission is to ensure the provision of pleasure and recreation for all members, incurring all necessary expenses to achieve this aim. The club is dedicated to offering a variety of activities, fostering a sense of community and camaraderie among its members.
Official website here: www.dyc.com
Who is the CEO of Detroit Yacht Club?
Leonard J Chapital is the Commodore of Detroit Yacht Club.
Official website here: www.dyc.com
What is the revenue of Detroit Yacht Club?
Detroit Yacht Club's revenue in 2022 was $6,348,250.
Official website here: www.dyc.com
Who are the executives of Detroit Yacht Club and what are their salaries?
The average compensation at Detroit Yacht Club during 2022 was $11,682. There are 213 employees and 12 volunteers at Detroit Yacht Club.
Here are 13 key members and their salaries:
- Compensation: $272,819
- Related: $0
- Other: $24,489
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.dyc.com
Where can I find the form 990 for Detroit Yacht Club?
Detroit Yacht Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dyc.com
Learn more at the official website: www.dyc.com
Mission Statement of Detroit Yacht Club
The Detroit Yacht Club, a historic and private organization, is committed to providing a diverse array of exceptional dining, social, recreational, and boating programs for its members, their families, and guests. Its mission is to create an environment that incurs all necessary expenses to bring pleasure and recreation to its members. The club aims to cater to the various interests of its members, ensuring a well-rounded experience that includes both leisure activities and boating events.
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Impact
October, 2024
The Detroit Yacht Club significantly enhances the recreational and social fabric of the Detroit community by offering a range of boating and social activities tailored for its members. This historic and private yacht club creates an environment where individuals and families can enjoy quality leisure time together while engaging in a variety of outstanding dining and recreational programs. By fostering a sense of community among its members, the club promotes social interaction and strengthens connections within the local population. Its commitment to pleasure and recreation ensures that members have access to enjoyable experiences that enrich their lives and support a vibrant boating culture in Detroit.
This information is meant to be a general summary of Detroit Yacht 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: $2,928
- Program Service Revenue: $4,258,707
- Gross Receipts: $7,743,745
Assets and Liabilities:
- Total Assets: $8,366,273
- Total Liabilities: $1,545,181
- Net Assets: $6,821,092
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DUES AND ASSESSMENTS
Revenue
$2,697,703
DOCKS
Revenue
$897,852
CAPITAL FUNDING INITIATIVE REVENU
Revenue
$378,643
Organization Details
Founding Year
1895
Phone
(313) 824-1200Principal Officer
Leonard J Chapital
Main Address
1 RIVERBANK ROAD BELLE ISLE, DETROIT, MI, 48207
Website
www.dyc.comNTEE Category
Code: N50 - Recreation
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