Overview
What is Little Traverse Yacht Club?
The Little Traverse Yacht Club is a nonprofit organization situated in Little Traverse Bay and Emmet County, Michigan. With a membership of 479 individuals, this organization is dedicated to fostering enthusiasm for boating and water sports activities within the area. Their mission involves actively promoting these pastimes, engaging their members in various water-based activities.
Official website here: www.ltyc.org
What do the Facebook reviews say about Little Traverse Yacht Club?
92% of reviewers recommend Little Traverse Yacht Club based on 15 reviews. The feedback highlights the positive experiences surrounding the club's events, with one user expressing enthusiasm for the well-organized activities that encompass all fleets.
The sentiment suggests that attendees appreciate the inclusive nature of the yacht club's events and feel a sense of community. People seem to enjoy the overall experience and wish for safe sailing, indicating a supportive and friendly environment.
Overall, Little Traverse Yacht Club appears to fulfill its mission of providing engaging events for sailing enthusiasts, leaving a favorable impression among participants.
This AI summary has been generated from reviews found on Facebook.
Is Little Traverse Yacht Club legitimate?
Little Traverse Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Little 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: $35,942
Professional Fundraising Fees: $0
Other Salaries and Wages: $124,243
For more financial information, click here
Official website here: www.ltyc.org
What is the mission statement of Little Traverse Yacht Club?
The Little Traverse Yacht Club's mission is centered around promoting boating and water sports activities. With a membership of 479 individuals, the club actively encourages participation in these activities within Little Traverse Bay and Emmet County, Michigan. Their objective is to foster a sense of community and enjoyment around these water-based pursuits.
Official website here: www.ltyc.org
Who is the CEO of Little Traverse Yacht Club?
Kevin Larson is the Director of Little Traverse Yacht Club.
Official website here: www.ltyc.org
What is the revenue of Little Traverse Yacht Club?
Little Traverse Yacht Club's revenue in 2022 was $555,856.
Official website here: www.ltyc.org
Who are the executives of Little Traverse Yacht Club and what are their salaries?
The average compensation at Little Traverse Yacht Club during 2022 was $9,423. There are 17 employees and 100 volunteers at Little Traverse Yacht Club.
Here are 10 key members and their salaries:
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- Compensation: $35,942
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Official website here: www.ltyc.org
Where can I find the form 990 for Little Traverse Yacht Club?
Little Traverse Yacht Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ltyc.org
Learn more at the official website: www.ltyc.org
Mission Statement of Little Traverse Yacht Club
Little Traverse Yacht Club, with its membership of 479 individuals, is dedicated to fostering an interest in boating and water sports activities. The club's primary mission is to promote these activities within the context of Little Traverse Bay and Emmet County, Michigan. By doing so, it seeks to engage its members in enjoyable and enriching experiences on the water.
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Impact
October, 2024
Little Traverse Yacht Club significantly enhances the community's engagement with boating and water sports in Little Traverse Bay and Emmet County, Michigan. With a membership of 479 individuals, the club serves as a focal point for recreation in the area, fostering a vibrant community spirit centered around water-based activities.
By organizing events and providing resources for boating enthusiasts, the yacht club encourages participation in sailing, racing, and other water sports, contributing to the area's recreational offerings. This promotion of outdoor activities not only supports local tourism but also strengthens connections among residents and visitors alike. Through its initiatives, the Little Traverse Yacht Club helps cultivate a culture of active living and appreciation for the natural beauty of the region, making a lasting impact on the community's quality of life.
This information is meant to be a general summary of Little 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $125
- Program Service Revenue: $550,260
- Gross Receipts: $573,958
Assets and Liabilities:
- Total Assets: $765,834
- Total Liabilities: $1,316
- Net Assets: $764,518
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DUES INCOME
Revenue
$222,010
FOOD SALES
Revenue
$129,199
REGATTA INCOME
Revenue
$87,939
RACE PROGRAM INCOME
Revenue
$46,302
COCKTAILS INCOME
Revenue
$30,385
Organization Details
Founding Year
1962
Phone
(231) 526-7919Principal Officer
Kevin Larson
Main Address
PO BOX 584, HARBOR SPRINGS, MI, 49740
Website
www.ltyc.orgNTEE Category
Code: N5XZ - Recreation
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