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The South Haven Yacht Club

South Haven Yacht Club

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 381052945 ✦ South haven, MI ✦ Designated as a 501(c)(7)

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Overview

What is The South Haven Yacht Club?

The South Haven Yacht Club, based in South Haven, Michigan, serves as a private club for its members, offering a restaurant and catering services. Its mission is multifaceted, aiming to foster member involvement in boating, promote safe and culturally enriching boating experiences, provide efficient and professional member services, and preserve the club's history and heritage. The club's dedication extends beyond boating, as it also strives to maintain its property in an effective manner, ensuring it remains a valuable part of the community. The organization employs around 30 individuals to carry out these objectives.


Official website here: www.southhavenyacht.club

Is The South Haven Yacht Club legitimate?

The South Haven Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. The South Haven 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: $427,796

For more financial information, click here


Official website here: www.southhavenyacht.club

What is the mission statement of The South Haven Yacht Club?

The South Haven Yacht Club's mission is centered around promoting member engagement in boating and ensuring its practice in a safe, healthy, and culturally enriching manner. Additionally, the club aims to provide efficient, economical, and professional member services. A significant part of their mission involves preserving the club's property, history, and rich heritage.


Official website here: www.southhavenyacht.club

Who is the CEO of The South Haven Yacht Club?

Lee Utke is the Board Member of The South Haven Yacht Club.


Official website here: www.southhavenyacht.club

What is the revenue of The South Haven Yacht Club?

The South Haven Yacht Club's revenue in 2022 was $1,812,776.


Official website here: www.southhavenyacht.club

Who are the executives of The South Haven Yacht Club and what are their salaries?

The average compensation at The South Haven Yacht Club during 2022 was $14,260. There are 30 employees and 100 volunteers at The South Haven Yacht Club.


Here are 8 key members and their salaries:


Jason Haywood (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Johnston (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Joseph (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa L Kozicki (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Mccarthy (Past Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara Nulty (Rear Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Utke (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tristan Wilson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.southhavenyacht.club

Where can I find the form 990 for The South Haven Yacht Club?

The South Haven Yacht Club's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.southhavenyacht.club

Learn more at the official website: www.southhavenyacht.club

Mission Statement of The South Haven Yacht Club

The South Haven Yacht Club, in its mission, strives to foster member engagement in the advancement of boating, prioritizing safety and cultural enrichment. It also seeks to deliver efficient and professional member services, ensuring the club operates economically. Moreover, the club is dedicated to preserving its property, history, and the rich heritage that defines it.

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Impact




October, 2024

The South Haven Yacht Club plays a significant role in enhancing the local boating community. By promoting member involvement, it fosters a sense of camaraderie and connection among boating enthusiasts. This community engagement not only encourages recreational activities but also emphasizes the importance of safe boating practices, contributing to a culture of safety and responsibility on the water.

In addition to facilitating recreational boating, the club's commitment to providing efficient and professional member services enhances the overall experience for its members. Its exclusive dining and catering options offer a unique social atmosphere that strengthens relationships and promotes a vibrant community.

Moreover, the club is dedicated to preserving its property, history, and rich heritage, ensuring that the traditions of boating and the maritime culture are cherished and passed down to future generations. This preservation initiative adds to the cultural richness of South Haven, making the yacht club a cornerstone of local identity and heritage. Overall, the South Haven Yacht Club significantly impacts not only individual members but also the broader community by fostering safe, enjoyable, and culturally enriching boating experiences.




This information is meant to be a general summary of The South Haven 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.

Revenue
$1,812,776 (2022)
Expenses
$1,588,837 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$215
  • Program Service Revenue: $1,757,366
  • Gross Receipts: $1,813,730

Assets and Liabilities:

  • Total Assets: $2,350,984
  • Total Liabilities: $696,982
  • Net Assets: $1,654,002

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBER DUES & ASSESSMENTS

Revenue

$594,634

FUEL SALES:GAS

Revenue

$399,657

FOOD SALES

Revenue

$221,189

TIPS EARNED

Revenue

$126,416

FUEL SALES:DIESEL

Revenue

$90,784

Organization Details

Founding Year

1940

Principal Officer

Lee Utke

Main Address

PO BOX 151, SOUTH HAVEN, MI, 49090

NTEE Category

Code: N50 - Recreation

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