Overview
What is Grand Traverse Yacht Club?
The Grand Traverse Yacht Club, situated in Traverse City, Michigan, serves as a nonprofit organization dedicated to boosting boating activities within Grand Traverse Bay and its surrounding areas. With a small workforce of 11 individuals, the club is committed to promoting boating enthusiasm and engagement within its community. The organization's mission and primary activities revolve around fostering a love for boating and facilitating related activities in the Grand Traverse Bay region.
Official website here: www.gtyc.org
What do the Facebook reviews say about Grand Traverse Yacht Club?
90% of 40 reviewers on Facebook recommend the Grand Traverse Yacht Club. Here is a summary of their reviews:
Many members highlight the club's beautiful atmosphere, often describing it as a perfect blend of simplicity and elegance. Sailors appreciate the stunning natural surroundings, including the blue water and refreshing breezes, which enhance their experience at the club.
Overall, the sentiment is overwhelmingly positive, with reviewers expressing satisfaction with the club's environment and offerings. The emphasis on the scenic location and the enjoyable sailing experience resonates well with those who frequent the yacht club.
This AI summary has been generated from reviews found on Facebook.
Is Grand Traverse Yacht Club legitimate?
Grand Traverse Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Grand 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: $157,853
For more financial information, click here
Official website here: www.gtyc.org
What is the mission statement of Grand Traverse Yacht Club?
The Grand Traverse Yacht Club's mission is centered around promoting boating activities in Grand Traverse Bay and its surrounding areas. This mission is carried out through various initiatives, with the primary focus being on fostering an environment that encourages and supports boating enthusiasts. The club's activities are geared towards enhancing the boating experience, providing opportunities for learning, and fostering a sense of community among its members. By promoting boating, the club aims to contribute to the enjoyment and appreciation of the marine environment. The club's mission is also about fostering a culture of safety, responsible boating, and environmental consciousness among its members and the wider boating community.
Official website here: www.gtyc.org
What is the revenue of Grand Traverse Yacht Club?
Grand Traverse Yacht Club's revenue in 2023 was $599,518.
Official website here: www.gtyc.org
Who are the executives of Grand Traverse Yacht Club and what are their salaries?
The average compensation at Grand Traverse Yacht Club during 2023 was $12,143. There are 13 employees at Grand Traverse Yacht Club.
Here are 10 key members and their salaries:
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Official website here: www.gtyc.org
Where can I find the form 990 for Grand Traverse Yacht Club?
Grand Traverse Yacht Club's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.gtyc.org
Learn more at the official website: www.gtyc.org
Mission Statement of Grand Traverse Yacht Club
The Grand Traverse Yacht Club, as a nonprofit organization, is dedicated to championing the passion for boating within Grand Traverse Bay and its surrounding areas. Their mission, in essence, revolves around fostering a love for boating and encouraging its practice within their community. This mission is accomplished through various promotional efforts that aim to engage and captivate individuals with a shared interest in nautical activities.
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Impact
October, 2024
Grand Traverse Yacht Club significantly enhances the boating community on Grand Traverse Bay and its surrounding areas. By promoting a vibrant culture of boating, the club fosters recreational opportunities for residents and visitors alike, encouraging outdoor activities and community engagement. Through events, sailing competitions, and educational programs, it cultivates skills and safety awareness among boaters, ultimately contributing to a richer maritime experience.
The club's focus on boating not only supports local tourism but also helps preserve the natural beauty of the bay, encouraging responsible boating practices. This emphasis on stewardship ensures that the waters remain a cherished resource for future generations. The Grand Traverse Yacht Club also strengthens social bonds among boating enthusiasts, creating a dynamic community that values recreation and the enjoyment of the scenic landscapes of Traverse City, Michigan.
This information is meant to be a general summary of Grand 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 2023.
- Investment Income: $1,179
- Program Service Revenue: $547,484
- Gross Receipts: $637,079
Assets and Liabilities:
- Total Assets: $1,382,528
- Total Liabilities: $670,044
- Net Assets: $712,484
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER PROGRAM SERVICE
Revenue
$296,483
MEMBER DUES & ASSESSMENTS
Revenue
$251,001
Organization Details
Founding Year
1960
Principal Officer
Verne Powell
Website
www.gtyc.orgNTEE Category
Code: N03 - Recreation
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