Overview
What is Pentwater Yacht Club?
Pentwater Yacht Club is a nonprofit organization situated by the water, characterized by its clubhouse that houses a restaurant and bar. This venue serves as a social hub for its 600 members and guests, providing a space for relaxation and camaraderie. Throughout the year, the club hosts various events such as dances, banquets, dinners, and regattas, catering exclusively to its membership. The club's activities and mission revolve around fostering a sense of community among its members, creating a welcoming and enjoyable environment by the water.
Official website here: www.pentwateryachtclub.com
Is Pentwater Yacht Club legitimate?
Pentwater Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Pentwater 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: $98,668
For more financial information, click here
Official website here: www.pentwateryachtclub.com
What is the mission statement of Pentwater Yacht Club?
The Pentwater Yacht Club operates a clubhouse, which features a restaurant and bar, primarily serving its membership of around 600 individuals. The clubhouse serves as a social hub, allowing members and their guests to unwind and enjoy each other's company by the water. Throughout the year, the club hosts various events such as dances, banquets, dinners, and regattas, exclusively for its membership. These events contribute to fostering a sense of community within the club.
Official website here: www.pentwateryachtclub.com
What is the revenue of Pentwater Yacht Club?
Pentwater Yacht Club's revenue in 2024 was $595,424.
Official website here: www.pentwateryachtclub.com
Who are the executives of Pentwater Yacht Club and what are their salaries?
The average compensation at Pentwater Yacht Club during 2024 was $2,467. There are 40 employees and 300 volunteers at Pentwater Yacht Club.
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Official website here: www.pentwateryachtclub.com
Where can I find the form 990 for Pentwater Yacht Club?
Pentwater Yacht Club's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.pentwateryachtclub.com
Learn more at the official website: www.pentwateryachtclub.com
Mission Statement of Pentwater Yacht Club
Pentwater Yacht Club, as an organization, is dedicated to providing a welcoming environment for its members and guests. This is accomplished through the operation of a clubhouse that features a restaurant and bar, serving approximately 600 members and their guests. The clubhouse serves as a hub for socialization and relaxation by the water. Throughout the year, Pentwater Yacht Club hosts various events such as dances, banquets, dinners, and regattas, all exclusively for its membership, which also includes around 600 individuals. These events provide opportunities for members to engage with each other, fostering a sense of community within the club.
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Impact
October, 2024
Pentwater Yacht Club creates a vibrant social hub that fosters community engagement and camaraderie among its members and guests. By operating a clubhouse with a restaurant and bar, the club provides an inviting space for approximately 600 members to gather, socialize, and unwind by the water.
The extensive calendar of events, including dances, banquets, dinners, and regattas, promotes engagement and shared experiences, strengthening bonds within the membership. This not only enhances the quality of life for individuals but also enriches the local community by attracting visitors and promoting recreational activities. The club’s dedication to creating memorable experiences fosters a sense of belonging, making it a cherished part of life in Pentwater, Michigan.
This information is meant to be a general summary of Pentwater 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 2024.
- Investment Income: $4,871
- Program Service Revenue: $96,107
- Gross Receipts: $1,166,777
Assets and Liabilities:
- Total Assets: $5,018,204
- Total Liabilities: $2,548,914
- Net Assets: $2,469,290
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER SPECIAL EVENT REVENUES
Revenue
$45,619
SLIP / DOC FEES
Revenue
$25,831
BACK TO THE MAC
Revenue
$10,413
WOODEN BOAT SHOW
Revenue
$7,078
OCEANA COMMUNITY FOUNDATION
Revenue
$5,128
Organization Details
Founding Year
1935
Principal Officer
David Bluhm
Website
www.pentwateryachtclub.comNTEE Category
Code: N50 - Recreation
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