Overview
What is Torch Lake Yacht & Country Club?
Torch Lake Yacht & Country Club is a recreational club situated in Ellsworth, Michigan, led by Bo Manning. The club serves as a hub for leisure, pleasure, and social activities. Last year, it reported substantial revenues of $245,985, indicating its operational viability and popularity among its members. Although the information does not specify its exact mission or activities, it can be inferred that the club likely offers various recreational opportunities for its members.
Official website here: www.tlycc.com
Is Torch Lake Yacht & Country Club legitimate?
Torch Lake Yacht & Country Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Torch Lake Yacht & Country 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: $55,265
For more financial information, click here
Official website here: www.tlycc.com
What is the mission statement of Torch Lake Yacht & Country Club?
The Torch Lake Yacht and Country Club does not have a explicitly stated mission statement provided in the given information. However, it can be inferred that the club, being a recreational, pleasure, or social club, aims to provide a space for its members to relax, socialize, and enjoy various activities. The club had a total revenue of $245,985 last year, suggesting that it is an active and financially viable organization. However, without further information, it is impossible to detail the specific goals or objectives of the Torch Lake Yacht and Country Club.
Official website here: www.tlycc.com
What is the revenue of Torch Lake Yacht & Country Club?
Torch Lake Yacht & Country Club's revenue in 2023 was $266,174.
Official website here: www.tlycc.com
Who are the executives of Torch Lake Yacht & Country Club and what are their salaries?
The average compensation at Torch Lake Yacht & Country Club during 2023 was $2,403. There are 23 employees at Torch Lake Yacht & Country Club.
Here are 9 key members and their salaries:
- 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.tlycc.com
Where can I find the form 990 for Torch Lake Yacht & Country Club?
Torch Lake Yacht & Country Club's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.tlycc.com
Learn more at the official website: www.tlycc.com
Mission Statement of Torch Lake Yacht & Country Club
Torch Lake Yacht & Country Club, led by Bo Manning, serves as a recreational, pleasure, or social hub. Its primary focus is to provide a platform for individuals to enjoy leisure activities and social interactions. The club reported an annual revenue of $245,985, indicating its popularity and success in fulfilling its purpose. Although the specific mission or activity description is not explicitly mentioned in the provided information, it can be inferred that the club aims to offer a welcoming and engaging environment for its members, fostering camaraderie and enjoyment through various recreational activities.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Torch Lake Yacht & Country Club plays a pivotal role in fostering community engagement and promoting recreational activities in the Ellsworth, MI area. By providing a space for social interactions and leisure activities, the club enhances the quality of life for both members and residents. With total revenues of $245,985 last year, it demonstrates a level of financial sustainability that allows for continued investment in its facilities and programs. Under the leadership of Bo Manning, the club serves as a hub for pleasure and social gatherings, creating opportunities for networking and building connections among its members. Its focus on recreational activities contributes to the recreational economy of the region, attracting visitors and promoting local tourism. Overall, the Torch Lake Yacht & Country Club significantly enriches the community by providing a welcoming environment for relaxation and socialization.
This information is meant to be a general summary of Torch Lake Yacht & Country 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: $73
- Program Service Revenue: $252,823
- Gross Receipts: $266,174
Assets and Liabilities:
- Total Assets: $809,669
- Total Liabilities: $22,248
- Net Assets: $787,421
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES & ASSESSMENT
Revenue
$195,296
DINING ROOM SALES
Revenue
$39,933
EVENT INCOME
Revenue
$10,701
MERCHANDISE SALES
Revenue
$6,893
Organization Details
If you are a representative of Torch Lake Yacht & Country Club and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.