Macatawa Bay Yacht Club

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

EIN: 381340365 ✦ Macatawa, MI ✦ Designated as a 501(c)(7)

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Overview

What is Macatawa Bay Yacht Club?

Macatawa Bay Yacht Club, located at 2157 South Shore Drive, Macatawa, MI 49434, is a nonprofit organization with a mission to foster yachting and other aquatic sports. It actively provides beneficial activities, services, and facilities to its members, aiming to cultivate a sense of community spirit, goodwill, and friendship among its members. The club oversees all its facilities and activities under the supervision of its Board of Directors, ensuring a well-managed and engaging environment for its members. With a dedicated workforce of 88 employees, the Macatawa Bay Yacht Club continues to promote aquatic sports and offer a supportive and engaging community for its members.


Official website here: www.mbyc.com

Is Macatawa Bay Yacht Club legitimate?

Macatawa Bay Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Macatawa Bay 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: $140,877
Professional Fundraising Fees: $0
Other Salaries and Wages: $635,728

For more financial information, click here


Official website here: www.mbyc.com

What is the mission statement of Macatawa Bay Yacht Club?

The Macatawa Bay Yacht Club was established with the purpose of fostering and encouraging yachting and other aquatic sports. Its mission extends beyond just sports, aiming to provide useful and enjoyable activities, services, and facilities for its members. Additionally, the club works towards developing a sense of community spirit, goodwill, and friendship amongst its members. The club's operations are overseen by its Board of Directors, ensuring the smooth running of all club facilities and activities.


Official website here: www.mbyc.com

Who is the CEO of Macatawa Bay Yacht Club?

Grant Cheney is the General Mana of Macatawa Bay Yacht Club.


Official website here: www.mbyc.com

What is the revenue of Macatawa Bay Yacht Club?

Macatawa Bay Yacht Club's revenue in 2022 was $1,698,420.


Official website here: www.mbyc.com

Who are the executives of Macatawa Bay Yacht Club and what are their salaries?

The average compensation at Macatawa Bay Yacht Club during 2022 was $8,825. There are 88 employees at Macatawa Bay Yacht Club.


Here are 14 key members and their salaries:


Mark Steffke (General Mana)
  • Compensation: $140,877
  • Related: $0
  • Other: $0
Mark Beckman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Bonadies (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grant Cheney (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Condit (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Cramton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Hughes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Norris (Past Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Petter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Pietrowski (Vice Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudia Scharlow (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leesa Schram (Rear Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Vandenbosch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mbyc.com

Where can I find the form 990 for Macatawa Bay Yacht Club?

Macatawa Bay Yacht Club's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mbyc.com

Learn more at the official website: www.mbyc.com

Mission Statement of Macatawa Bay Yacht Club

Macatawa Bay Yacht Club, established with the purpose of fostering and encouraging aquatic sports such as yachting, seeks to provide beneficial activities, services, and facilities for its members. Beyond this, the club aims to cultivate a sense of community spirit, goodwill, and friendship among its members. The club's operations are overseen by its Board of Directors, ensuring the smooth running of all club facilities and events.

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Impact




October, 2024

Macatawa Bay Yacht Club plays a pivotal role in promoting yachting and various aquatic sports in the region. By providing well-maintained facilities, activities, and services tailored to members’ needs, the club enhances the recreational experience for both seasoned sailors and newcomers alike.

The club serves as a hub for community engagement, fostering camaraderie, goodwill, and friendships among its members. Through organized events and activities, it encourages participation in water-related sports, contributing to a vibrant maritime culture in Macatawa. The oversight by the Board of Directors ensures that operations run smoothly, creating a welcoming environment that emphasizes safety, skill-building, and enjoyment on the water.

In essence, Macatawa Bay Yacht Club significantly enriches the local community by nurturing a shared passion for sailing and aquatic activities, while also providing a space for personal connections and community spirit to flourish.




This information is meant to be a general summary of Macatawa Bay 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
$1,698,420 (2022)
Expenses
$1,855,194 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $85
  • Program Service Revenue: $1,051,047
  • Gross Receipts: $2,243,516

Assets and Liabilities:

  • Total Assets: $3,161,796
  • Total Liabilities: $1,005,009
  • Net Assets: $2,156,787

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Programs

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

ANNUAL DUES

Revenue

$576,290

SLIP RENTAL - MEMBERS

Revenue

$249,727

RACING FEES

Revenue

$65,300

INITIATION FEES

Revenue

$51,400

DRY SAIL & BEACH FEES

Revenue

$45,429

Organization Details

Principal Officer

Grant Cheney

Main Address

2157 SOUTH SHORE DRIVE, MACATAWA, MI, 49434

NTEE Category

Code: N50 - Recreation

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