Overview
What is Grosse Ile Yacht Club?
The Grosse Ile Yacht Club is a nonprofit organization, situated with undisclosed details, dedicated to fostering and stimulating members' interest in boating and navigation skills. Its primary objective is to enhance the members' knowledge in these areas and encourage social interaction among them, their families, and friends. The club plays an integral role in promoting camaraderie and mutual support among its members.
Official website here: www.giyc.com
Is Grosse Ile Yacht Club legitimate?
Grosse Ile Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Grosse Ile 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: $102,750
For more financial information, click here
Official website here: www.giyc.com
What is the mission statement of Grosse Ile Yacht Club?
The Grosse Ile Yacht Club's mission is centered around fostering and stimulating interest in boating and navigation among its members. The organization aims to help its members enhance their skills in these areas. Additionally, the club promotes social interaction among its members, their families, and friends. This is outlined in their mission statement as seen in the Form 990, specifically on page 1, part 1, line 1.
Official website here: www.giyc.com
Who is the CEO of Grosse Ile Yacht Club?
Erik Heilman is the Director of Grosse Ile Yacht Club.
Official website here: www.giyc.com
What is the revenue of Grosse Ile Yacht Club?
Grosse Ile Yacht Club's revenue in 2022 was $822,447.
Official website here: www.giyc.com
Who are the executives of Grosse Ile Yacht Club and what are their salaries?
The average compensation at Grosse Ile Yacht Club during 2022 was $1,772. There are 58 employees at Grosse Ile Yacht Club.
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Official website here: www.giyc.com
Where can I find the form 990 for Grosse Ile Yacht Club?
Grosse Ile Yacht Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.giyc.com
Learn more at the official website: www.giyc.com
Mission Statement of Grosse Ile Yacht Club
Grosse Ile Yacht Club, as a nonprofit organization, is dedicated to nurturing and inspiring its members' passion for boating and navigation. Its primary goal is to enhance the members' proficiency in these skills. Furthermore, the club aims to foster a sense of camaraderie and sociability among its members, their families, and friends. This is achieved by providing a platform that encourages the sharing of knowledge and experiences in the art of boating. The club's mission, as stated in its form 990, is to stimulate interest and aid its members in improving their boating and navigation skills, while simultaneously promoting social interaction.
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Impact
October, 2024
Grosse Ile Yacht Club plays a significant role in the community by fostering a deep appreciation for boating and navigation among its members. By providing educational resources and opportunities for members to enhance their knowledge and skills, the club cultivates a culture of safe and responsible boating practices.
Additionally, the club serves as a hub for social interaction, promoting camaraderie among members, their families, and friends. This focus on socialability not only strengthens community bonds but also enriches the overall boating experience. The collective activities and events organized by the club provide a platform for members to connect, share experiences, and build lasting relationships.
Overall, Grosse Ile Yacht Club contributes to the local culture by promoting recreational activities that enhance the quality of life in the area, while also emphasizing the importance of education in boating and navigation.
This information is meant to be a general summary of Grosse Ile 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: $746
- Program Service Revenue: $808,373
- Gross Receipts: $942,400
Assets and Liabilities:
- Total Assets: $1,028,899
- Total Liabilities: $508,125
- Net Assets: $520,774
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESTAURANT & BEVERAGE, NET
Revenue
$349,917
MEMBERSHIP DUES & ASSESSMENTS
Revenue
$284,663
STORAGE, HAUL OUT & DOCKAGE
Revenue
$151,217
BOATING PROG REGIST FEES
Revenue
$18,668
MERCHANDISE & MISC SALES
Revenue
$3,908
Organization Details
Founding Year
1935
Phone
(734) 676-0211Principal Officer
Erik Heilman
Main Address
29677 EAST RIVER ROAD, GROSSE ILE, MI, 48138
Website
www.giyc.comNTEE Category
Code: N50 - Recreation
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