Overview
What is Diamond Lake Yacht Club?
The Diamond Lake Yacht Club is a nonprofit organization that operates a boating facility and organizes events for its members. In the recent past, their primary focus has shifted towards enhancing their youth sailing program, aiming to provide a more enriching experience for younger members. Located at an unspecified location, the club continues to operate and serve its members, offering a vibrant boating community.
Official website here: www.dlycmi.org
Is Diamond Lake Yacht Club legitimate?
Diamond Lake Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Diamond Lake Yacht 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.
Heare are some key statistics you may want to consider:
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Other Salaries and Wages: $40,931
For more financial information, click here
Official website here: www.dlycmi.org
What is the mission statement of Diamond Lake Yacht Club?
The Diamond Lake Yacht Club, during its 2019 operations, catered to its members by offering boating events and facilities. However, the club's primary focus over the past year shifted towards enhancing its youth sailing program. This commitment to improving the youth sailing program suggests that the club values nurturing young sailors and contributing to their boating development. While the mission statement itself is not explicitly mentioned in the provided information, this analysis can infer that the club prioritizes promoting boating among the younger generation.
Official website here: www.dlycmi.org
What is the revenue of Diamond Lake Yacht Club?
Diamond Lake Yacht Club's revenue in 2024 was $322,619.
Official website here: www.dlycmi.org
Who are the executives of Diamond Lake Yacht Club and what are their salaries?
The average compensation at Diamond Lake Yacht Club during 2024 was $8,186. There are 5 employees at Diamond Lake Yacht Club.
Here are 21 key members and their salaries:
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Official website here: www.dlycmi.org
Where can I find the form 990 for Diamond Lake Yacht Club?
Diamond Lake Yacht Club's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.dlycmi.org
Learn more at the official website: www.dlycmi.org
Mission Statement of Diamond Lake Yacht Club
Diamond Lake Yacht Club, in its mission, has been dedicated to operating a boating facility and hosting events for its members. However, the club has shifted its focus in recent times, particularly during the 2019 season. This shift has been towards enhancing its youth sailing program. The club has been committed to improving this program, aiming to provide a better sailing experience for the younger members. This commitment to youth sailing reflects the club's dedication to fostering a love for boating and sailing among its younger generation.
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Impact
October, 2024
Diamond Lake Yacht Club plays a vital role in promoting recreational boating and fostering a sense of community in Cassopolis, MI. By operating a boating facility and hosting various events, the Club creates opportunities for members to engage in boating activities and connect with one another.
A key aspect of its impact is the emphasis on enhancing the youth sailing program, which not only teaches valuable skills but also instills a love for sailing in the younger generation. This focus on youth engagement helps nurture future sailors and contributes to the overall vitality of the sport.
Through its events and programs, Diamond Lake Yacht Club enriches the local community, encourages outdoor activity, and builds lifelong friendships among its members. The commitment to improving youth programs ensures that the Club's legacy will continue, fostering a new generation of sailing enthusiasts.
This information is meant to be a general summary of Diamond Lake 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 2024.
- Investment Income: $886
- Program Service Revenue: $104,550
- Gross Receipts: $331,663
Assets and Liabilities:
- Total Assets: $424,499
- Total Liabilities: $315
- Net Assets: $424,184
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER EVENT INCOME
Revenue
$87,152
YOUTH SAILING INCOME
Revenue
$17,398
Organization Details
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