Overview
What is George Young Recreational Complex?
The George Young Recreational Complex is a charitable organization based in Iron River, Michigan, with a mission to alleviate government burden by offering public recreational facilities. It operates a recreational complex open to the public, featuring a golf course, driving range, and indoor swimming program. The complex expands its offerings annually and sponsors various activities such as cross-country skiing in winter and hiking and golf-related activities in summer. To make these facilities accessible, they offer them at low or reduced costs to the public. The organization employs around 90 individuals, continuing its charitable recreational activities and contributing positively to the community.
Official website here: www.georgeyoung.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 84% (Three-Star out of Four Star rating)
The George Young Recreational Complex has earned a Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The overall score is derived entirely from the accountability and finance beacon, showcasing a well-managed organization. The high score reflects effective governance practices and transparent financial reporting.
Strengths of the organization include a fully independent board composed of three members, achieving top points in governance metrics such as conflict of interest and whistleblower policies. Additionally, the organization maintains a strong program expense ratio of 90.81%, demonstrating a commitment to using funds effectively for its mission. The financial statements are professionally audited, and there are no reported diversions of assets, further reinforcing trust.
While the rating is commendable, it is based solely on financial aspects without additional insights into programmatic impact or stakeholder engagement. This may be a limitation for those seeking a comprehensive evaluation of the organization's broader effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is George Young Recreational Complex legitimate?
George Young Recreational Complex is a legitimate nonprofit organization registered as a 501(c)(3) entity. George Young Recreational Complex 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: $70,827
Professional Fundraising Fees: $0
Other Salaries and Wages: $743,253
For more financial information, click here
Official website here: www.georgeyoung.com
What is the mission statement of George Young Recreational Complex?
The George Young Recreational Complex is established for charitable purposes, primarily aimed at reducing the burden on the government by providing public recreational facilities. Its operation includes managing a recreational complex to benefit the public. During the year, the complex continued its recreational activities and expanded its indoor swimming program. It also sponsors winter cross-country ski programs and summer hiking and golf-related activities. The complex offers golf and driving range facilities to the public at affordable or reduced costs, contributing to lessening the financial burden for many individuals seeking recreational activities.
Official website here: www.georgeyoung.com
Who is the CEO of George Young Recreational Complex?
C Rick Kent is the Manager of George Young Recreational Complex.
Official website here: www.georgeyoung.com
What is the revenue of George Young Recreational Complex?
George Young Recreational Complex's revenue in 2022 was $1,961,624.
Official website here: www.georgeyoung.com
Who are the executives of George Young Recreational Complex and what are their salaries?
The average compensation at George Young Recreational Complex during 2022 was $9,045. There are 90 employees and 35 volunteers at George Young Recreational Complex.
Here are 6 key members and their salaries:
- Compensation: $70,827
- Related: $0
- Other: $3,050
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.georgeyoung.com
Where can I find the form 990 for George Young Recreational Complex?
George Young Recreational Complex's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.georgeyoung.com
Learn more at the official website: www.georgeyoung.com
Mission Statement of George Young Recreational Complex
The George Young Recreational Complex, established with charitable intentions, serves a noble purpose: to alleviate the burden on government and provide public recreational facilities for the benefit of the community. This complex continues to thrive by organizing various recreational activities throughout the year. During the tax year, the complex expanded its indoor swimming program, catering to the public's interest in aquatic activities. In addition to this, the complex sponsors winter cross-country ski programs and summer-oriented activities such as hiking and golf-related events. The George Young Recreational Complex also offers golf and driving range facilities to the public at affordable prices, ensuring that recreational opportunities are accessible to all, irrespective of financial constraints.
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Impact
July, 2024
The George Young Recreational Complex in Iron River, MI, has a significant impact on the community by providing public recreational facilities for the benefit of the public. The complex offers various activities such as golf, driving range facilities, indoor swimming, cross country ski programs in the winter, and hiking and golf-related activities in the summer. By providing these recreational opportunities at low or reduced costs, the complex plays a vital role in promoting physical activity, wellness, and community engagement. Its mission to lessen the burden on the government by offering these services for the public benefit showcases its commitment to enhancing the quality of life in the area.
This information is meant to be a general summary of George Young Recreational Complex. 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.
- Program Service Revenue: $1,238,060
- Gross Receipts: $2,039,058
Assets and Liabilities:
- Total Assets: $283,460
- Total Liabilities: $50,403
- Net Assets: $233,057
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Cabin Rental
Revenue
$37,704
Food and Beverage
Revenue
$629,193
Golfing Activities
Revenue
$568,855
Skiing Activities
Revenue
$2,038
Swimming Activities
Revenue
$270
Organization Details
Founding Year
1984
Phone
(906) 265-3401Principal Officer
C Rick Kent
Main Address
PO BOX 457, IRON RIVER, MI, 49935
Website
www.georgeyoung.comNTEE Category
Code: N30 - Recreation
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