Omena Traverse Yacht Club

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

EIN: 381641213 ✦ Omena, MI ✦ Designated as a 501(c)(7)

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Overview

What is Omena Traverse Yacht Club?

The Omena Traverse Yacht Club is a distinguished nonprofit organization situated in Omena, Michigan. Its primary focus is on enriching the lives of youth through education and recreational activities. As a member of the recreation and sports professional societies and associations, the club plays a significant role in this community, encouraging growth and engagement among its members. The club's mission is to provide a plethora of activities and programs that cater to the educational and recreational needs of the local youth.


Official website here: www.otyc.net

Is Omena Traverse Yacht Club legitimate?

Omena Traverse Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Omena Traverse 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: $8,230

For more financial information, click here


Official website here: www.otyc.net

What is the mission statement of Omena Traverse Yacht Club?

The Omena Traverse Yacht Club is dedicated to facilitating youth education and recreation through its various activities and programs. This non-profit organization falls under the category of recreation and sports professional societies and associations. Its primary focus is to provide opportunities for young individuals to learn and engage in recreational activities, thereby fostering their personal growth and development.


Official website here: www.otyc.net

Who is the CEO of Omena Traverse Yacht Club?

Thomas Newland is the Commodore of Omena Traverse Yacht Club.


Official website here: www.otyc.net

What is the revenue of Omena Traverse Yacht Club?

Omena Traverse Yacht Club's revenue in 2022 was $222,559.


Official website here: www.otyc.net

Who are the executives of Omena Traverse Yacht Club and what are their salaries?

The average compensation at Omena Traverse Yacht Club during 2022 was $1,029. There are 8 employees at Omena Traverse Yacht Club.


Here are 9 key members and their salaries:


Waldo Abbot (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Bosco (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Edgley (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Lystra (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerry Magrini (Rear Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Mckenzie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Newland (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Oberndorf (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Sommavilla (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.otyc.net

Where can I find the form 990 for Omena Traverse Yacht Club?

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


Official website here: www.otyc.net

Learn more at the official website: www.otyc.net

Mission Statement of Omena Traverse Yacht Club

The Omena Traverse Yacht Club is dedicated to fostering the education and recreation of youth through its varied activities and programs. As a member of the recreation and sports professional societies and associations, this organization prioritizes the growth and enjoyment of young individuals. By offering a range of engaging activities, Omena Traverse Yacht Club empowers youth to develop both personally and socially, contributing to their overall well-being.

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Impact




October, 2024

Omena Traverse Yacht Club significantly impacts youth education and recreational opportunities in the Omena region. By offering various programs and activities, the club fosters not only sailing skills but also personal development, teamwork, and leadership among young participants. This focus on youth engagement encourages a love for the water and outdoor activities while promoting a healthy lifestyle.

The club acts as a hub for community involvement, bringing together families and encouraging social interaction among youth. By providing access to sailing and water sports, Omena Traverse Yacht Club enriches the local culture, instilling a sense of responsibility towards nature and marine environments. Youth who participate often gain valuable life skills and a deeper appreciation for their community and its natural resources, ensuring a positive, lasting impact on future generations.




This information is meant to be a general summary of Omena Traverse 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
$222,559 (2022)
Expenses
$88,635 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $78,885
  • Gross Receipts: $228,111

Assets and Liabilities:

  • Total Assets: $451,742
  • Total Liabilities: $0
  • Net Assets: $451,742

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Programs

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

MEMBERSHIP DUES & FEES

Revenue

$63,690

YOUTH PROGRAM

Revenue

$8,876

MOORING , DOCK & CLUB RENTAL

Revenue

$4,000

DINNERS & POTLUCKS

Revenue

$2,319

Organization Details

Principal Officer

Thomas Newland

Main Address

PO BOX 103, OMENA, MI, 49674

NTEE Category

Code: N03 - Recreation

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