Great Lakes Yacht Club

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

EIN: 381452041 ✦ St clair shores, MI ✦ Designated as a 501(c)(7)

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Overview

What is Great Lakes Yacht Club?

The Great Lakes Yacht Club, located at 23900 Jefferson Ave, St. Clair Shores, MI 48080, is a nonprofit organization dedicated to serving its members who enjoy sailing and boating. Its primary mission is to foster a welcoming environment where these individuals can connect and share their shared interests. This is achieved by providing well-equipped boats and various facilities. The club's purpose is to promote the interests of its community members, offering them a space to engage in their beloved hobbies and form connections.


Official website here: www.greatlakesyc.com

What do the Facebook reviews say about Great Lakes Yacht Club?

96% of 8 reviewers on Facebook recommend Great Lakes Yacht Club. Here is a summary of their reviews:

Members express a strong connection to the club, with one longtime member highlighting their positive experience over several years. This demonstrates a sense of community and satisfaction that resonates throughout the feedback. The strong recommendation rate indicates that the club effectively meets the desires and expectations of its members.

Overall, those affiliated with Great Lakes Yacht Club describe it as a welcoming and enjoyable place, affirming that it provides a fulfilling experience for its members.


This AI summary has been generated from reviews found on Facebook.

Is Great Lakes Yacht Club legitimate?

Great Lakes Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Great Lakes 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: $261,760

For more financial information, click here


Official website here: www.greatlakesyc.com

What is the mission statement of Great Lakes Yacht Club?

The Great Lakes Yacht Club's mission is centered around promoting the interests of the community that enjoys sailing and boating. They achieve this by providing a platform where these individuals can share their mutual interests. This is done by equipping and offering boats and other necessary facilities. The club's primary objective is to offer a managed harbor and other amenities for its members, enabling them to engage in their beloved activities.


Official website here: www.greatlakesyc.com

What is the revenue of Great Lakes Yacht Club?

Great Lakes Yacht Club's revenue in 2023 was $724,615.


Official website here: www.greatlakesyc.com

Who are the executives of Great Lakes Yacht Club and what are their salaries?

The average compensation at Great Lakes Yacht Club during 2023 was $52,352. There are 5 employees at Great Lakes Yacht Club.

Here are 14 key members and their salaries:


Paul Krietsch (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Forster (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Fleming (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Loock (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Banks (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Doyal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Delphine Cooley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Cooper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Fiander (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorraine Mcgoldrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Murdock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bert Phillips (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Spohr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Zinderman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.greatlakesyc.com

Where can I find the form 990 for Great Lakes Yacht Club?

Great Lakes Yacht Club's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.greatlakesyc.com

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

Mission Statement of Great Lakes Yacht Club

The Great Lakes Yacht Club, in essence, is dedicated to fostering the passion for sailing and boating within its community members. By equipping and providing boats and other necessary facilities, the club serves as a platform where these individuals can come together and share their common interests. The primary objective of the Great Lakes Yacht Club is to promote an environment that encourages camaraderie and mutual enjoyment among its members, thereby enhancing their collective experience in sailing and boating activities. The club offers a managed harbor and various facilities, providing its members with a conducive environment to pursue their shared interests.

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Impact




October, 2024

Great Lakes Yacht Club fosters a vibrant community for individuals who share a passion for sailing and boating in St. Clair Shores, MI. By providing a managed harbor and essential facilities, it creates a welcoming environment where members can come together, share experiences, and enhance their skills. The club equips members with access to boats and resources that allow them to fully engage in their recreational pursuits.

This commitment to promoting maritime interests not only enriches the lives of its members but also strengthens the local community by encouraging outdoor activities, camaraderie, and the appreciation of water-based recreation. Through organized events and opportunities for collaboration, Great Lakes Yacht Club plays a key role in cultivating a supportive network for boating enthusiasts, fostering a sense of belonging and shared love for the water.




This information is meant to be a general summary of Great Lakes 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
$724,615 (2023)
Expenses
$716,783 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $5,321
  • Program Service Revenue: $719,332
  • Gross Receipts: $735,788

Assets and Liabilities:

  • Total Assets: $1,028,879
  • Total Liabilities: $67,982
  • Net Assets: $960,897

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Programs

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

DOCK & HARBOR FEES

Revenue

$326,567

FOOD & SOCIAL EVENTS

Revenue

$96,566

INITIATION FEES

Revenue

$17,250

MEMBERSHIP DUES

Revenue

$278,949

Organization Details

Founding Year

1952

Principal Officer

Paul Krietsch

NTEE Category

Code: N50 - Recreation

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