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The Ludington Outboard Boat Club

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

EIN: 382105768 ✦ Ludington, MI ✦ Designated as a 501(c)(7)

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Overview

What is The Ludington Outboard Boat Club?

The Ludington Outboard Boat Club is a vibrant social organization situated in Ludington. They play a pivotal role in supporting the local community by providing resources to the fishing and boating industries through their boat docks. Furthermore, they demonstrate their commitment to the community by donating any surplus earnings to deserving local charities.

Is The Ludington Outboard Boat Club legitimate?

The Ludington Outboard Boat Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. The Ludington Outboard Boat Club submitted a form 990EZ, 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.

What is the mission statement of The Ludington Outboard Boat Club?

The Ludington Outboard Boat Club serves as a social club and plays a significant role in supporting its community. It utilizes its boat docks to aid local fishing and boating industries. Beyond this, the club demonstrates its commitment to community service by donating any excess earnings to various charitable organizations.

Who is the CEO of The Ludington Outboard Boat Club?

Pete Oquist is the Treasurer of The Ludington Outboard Boat Club.

What is the revenue of The Ludington Outboard Boat Club?

The Ludington Outboard Boat Club's revenue in 2022 was $100,900.

Who are the executives of The Ludington Outboard Boat Club and what are their salaries?


Here are 5 key members and their salaries:


Barry Howell (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Henion (Vice Comm)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Samuels (Rear Comm)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Oquist (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Beth Nelson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for The Ludington Outboard Boat Club?

The Ludington Outboard Boat Club's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of The Ludington Outboard Boat Club

The Ludington Outboard Boat Club serves as a social organization, playing a significant role in supporting the local fishing and boating industries in its community. Beyond its social functions, the club also demonstrates its commitment to giving back by donating any excess proceeds to various charitable causes within its vicinity.

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Impact




October, 2024

The Ludington Outboard Boat Club plays a significant role in enhancing the local community by providing essential support to the fishing and boating industries. By utilizing their boat docks effectively, they create opportunities for recreational activities, fostering a vibrant boating culture in Ludington. Additionally, the club illustrates a commitment to social responsibility through the donation of excess proceeds to local charities, ensuring that the benefits of their activities extend beyond their members to positively impact the wider community. This blending of recreation and philanthropy helps strengthen community ties and promotes local economic growth.




This information is meant to be a general summary of The Ludington Outboard Boat 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
$100,900 (2022)
Expenses
$85,360 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $249
  • Program Service Revenue: $25,335
  • Gross Receipts: $138,379

Assets and Liabilities:

  • Total Assets: $172,212
  • Total Liabilities: $872
  • Net Assets: $171,340

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Organization Details

Principal Officer

Pete Oquist

Main Address

PO BOX 95 502 E LAKE STREET, LUDINGTON, MI, 49431

NTEE Category

Code: N50 - Recreation

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