Tawas Bay Yacht Club

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

EIN: 386031615 ✦ Tawas city, MI ✦ Designated as a 501(c)(7)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Tawas Bay Yacht Club?

Tawas Bay Yacht Club is a nonprofit organization situated in Tawas City, Michigan. Their primary mission is to offer a harbor for dockage, organize sailing races, and provide a facility for members to socialize with others sharing similar interests in marine activities. With a small team of one dedicated individual, they strive to foster a community of yacht enthusiasts.


Official website here: www.tbyc.net

Is Tawas Bay Yacht Club legitimate?

Tawas Bay Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Tawas Bay 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: $6,651

For more financial information, click here


Official website here: www.tbyc.net

What is the mission statement of Tawas Bay Yacht Club?

The Tawas Bay Yacht Club's mission is centered around providing its members with various amenities and opportunities. Primarily, it offers a harbor for dockage, allowing members to securely store their boats. Additionally, the club coordinates sailing races, offering a competitive yet social environment for enthusiasts. Moreover, it provides a facility for members to socialize, fostering camaraderie among individuals with shared interests in sailing and yachting.


Official website here: www.tbyc.net

Who is the CEO of Tawas Bay Yacht Club?

Paul Nice is the Commodore of Tawas Bay Yacht Club.


Official website here: www.tbyc.net

What is the revenue of Tawas Bay Yacht Club?

Tawas Bay Yacht Club's revenue in 2022 was $148,037.


Official website here: www.tbyc.net

Who are the executives of Tawas Bay Yacht Club and what are their salaries?

The average compensation at Tawas Bay Yacht Club during 2022 was $6,651. There is 1 employee at Tawas Bay Yacht Club.


Here are 5 key members and their salaries:


Cristi Gettel (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Haglund (Rear Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Nice (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Molly Prichard (Vice Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yvette Thrush (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tbyc.net

Where can I find the form 990 for Tawas Bay Yacht Club?

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


Official website here: www.tbyc.net

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

Mission Statement of Tawas Bay Yacht Club

Tawas Bay Yacht Club, as a nonprofit organization, is dedicated to catering to its members' interests. Its primary mission is to provide a secure harbor for dockage, meticulously coordinate sailing races, and offer a social facility. This allows its members to connect and engage with one another, sharing a common passion for sailing. The club serves as a hub for its members, fostering a sense of community and camaraderie among those with similar interests.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Tawas Bay Yacht Club plays a significant role in fostering a vibrant maritime community in Tawas City, MI. By providing its members with a harbor for dockage, the club ensures convenient access to the water for recreational sailing and boating activities. This accessibility not only enhances individual experiences but also promotes a shared passion for sailing among community members.

The club's organization of sailing races serves to cultivate a spirit of friendly competition while enhancing skills and knowledge in the sport. Such events draw participants together, creating opportunities for camaraderie and mentorship within the sailing community.

Additionally, Tawas Bay Yacht Club offers a welcoming facility for members to socialize and connect with others who share similar interests. This aspect of the club fosters lasting friendships and networking among enthusiasts, contributing to a strong sense of belonging and community.

In essence, Tawas Bay Yacht Club enriches the local recreational landscape by promoting sailing, enhancing skills, and creating a supportive environment for social interactions among its members.




This information is meant to be a general summary of Tawas Bay 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
$148,037 (2022)
Expenses
$143,675 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1
  • Program Service Revenue: $133,173
  • Gross Receipts: $150,896

Assets and Liabilities:

  • Total Assets: $182,033
  • Total Liabilities: $0
  • Net Assets: $182,033

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

BOATING RELATED INCOME

Revenue

$60,885

DUES FULL MEMBER

Revenue

$21,250

RACING

Revenue

$15,496

BAR

Revenue

$14,459

DUES SOCIAL MEMBER

Revenue

$11,700

Organization Details

Founding Year

1955

Principal Officer

Paul Nice

Main Address

PO BOX 544, TAWAS CITY, MI, 48764

NTEE Category

Code: N50 - Recreation

If you are a representative of Tawas Bay Yacht Club and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.