Overview
What is Muskegon Yacht Club?
The Muskegon Yacht Club is a nonprofit organization that encourages and supports the growth of non-commercial watercraft. It offers its 418 members a range of facilities and social areas, which it maintains and enhances. The club actively organizes and promotes regattas, boat races, and sailing lessons. Additionally, the Muskegon Yacht Club operates an exclusive restaurant solely for its members, enriching their social experiences.
Official website here: www.muskegonyachtclub.org
Is Muskegon Yacht Club legitimate?
Muskegon Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Muskegon 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: $128,368
Professional Fundraising Fees: $0
Other Salaries and Wages: $94,509
For more financial information, click here
Official website here: www.muskegonyachtclub.org
What is the mission statement of Muskegon Yacht Club?
The Muskegon Yacht Club is dedicated to promoting and sponsoring the growth of noncommercial watercraft. One of its key objectives is to provide and maintain appropriate facilities and social quarters for its members. The organization also actively organizes and supports regattas and boat races. In addition to these activities, the club conducts social events and offers sailing lessons for its 418 members. Furthermore, the Muskegon Yacht Club operates an exclusive restaurant solely for its members, enhancing their overall club experience.
Official website here: www.muskegonyachtclub.org
What is the revenue of Muskegon Yacht Club?
Muskegon Yacht Club's revenue in 2023 was $789,048.
Official website here: www.muskegonyachtclub.org
Who are the executives of Muskegon Yacht Club and what are their salaries?
The average compensation at Muskegon Yacht Club during 2023 was $7,190. There are 31 employees at Muskegon Yacht Club.
Here are 13 key members and their salaries:
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- Compensation: $65,929
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- Other: $5,700
- Compensation: $52,006
- Related: $0
- Other: $4,733
Official website here: www.muskegonyachtclub.org
Where can I find the form 990 for Muskegon Yacht Club?
Muskegon Yacht Club's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.muskegonyachtclub.org
Learn more at the official website: www.muskegonyachtclub.org
Mission Statement of Muskegon Yacht Club
The Muskegon Yacht Club, as an organization, is committed to promoting and sponsoring the development of noncommercial watercraft. Beyond this, the club provides and maintains suitable facilities and social quarters for its members. This includes organizing and promoting regattas and boat races, offering an engaging and competitive atmosphere for watercraft enthusiasts. Furthermore, the Muskegon Yacht Club hosts social events, regattas, and sailing lessons, fostering a sense of camaraderie and shared enthusiasm among its 418 members. The club also operates an exclusive restaurant for its members, providing a comfortable and relaxing space for them to unwind and connect. In essence, the Muskegon Yacht Club serves as a hub for noncommercial watercraft development and a friendly community for its members, with a focus on promoting boating activities and fostering a sense of camaraderie.
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Impact
October, 2024
Muskegon Yacht Club plays a significant role in the local community by fostering a love for noncommercial watercraft and sailing. By providing and maintaining facilities and social quarters, the club creates a welcoming environment where members can connect and enjoy their shared passion for boating. The organization actively promotes and organizes regattas and boat races, enhancing the recreational opportunities available to both members and the public.
Through its sailing lessons and social events, Muskegon Yacht Club cultivates skills and camaraderie among its 418 members, contributing to the overall vitality of the local recreational scene. The exclusive restaurant serves as a social hub, further enriching the community experience. By championing the development of watercraft and facilitating various maritime activities, the club not only enhances individual member experiences but also elevates the city of Muskegon's identity as a vibrant waterfront community.
This information is meant to be a general summary of Muskegon 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 2023.
- Investment Income: $1,186
- Program Service Revenue: $635,640
- Gross Receipts: $1,125,082
Assets and Liabilities:
- Total Assets: $1,594,218
- Total Liabilities: $1,412,206
- Net Assets: $182,012
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES AND ASSESSMEN
Revenue
$288,082
SLIP/DOCK & POOL FEES
Revenue
$254,732
MEMBER EVENTS
Revenue
$45,129
NON-MEMBER EVENTS
Revenue
$26,267
YARD & STORAGE FEES
Revenue
$16,986
Organization Details
Founding Year
1934
Principal Officer
Larry Taunt
Website
www.muskegonyachtclub.orgNTEE Category
Code: N03 - Recreation
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