North Channel Yacht Club

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

EIN: 386144990 ✦ Algonac, MI ✦ Designated as a 501(c)(7)

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Overview

What is North Channel Yacht Club?

The North Channel Yacht Club, located in Algonac, Michigan (9004 Anchor Bay Drive), serves as a community hub for boat enthusiasts. Its primary purpose is to provide a congenial atmosphere for social interaction, relaxation, and boating-related activities. The club strives to foster an interest in various boating pursuits and takes pride in preserving its historical building and grounds. As part of its mission, the club also produces a monthly newsletter and an annual roster through printing and publishing services.


Official website here: www.ncyconline.com

Is North Channel Yacht Club legitimate?

North Channel Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. North Channel 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: $0

For more financial information, click here


Official website here: www.ncyconline.com

What is the mission statement of North Channel Yacht Club?

The North Channel Yacht Club's mission is to serve as a gathering place, promoting social relaxation and fellowship among its members. It fosters and stimulates interest in various boating activities. Furthermore, the club is dedicated to preserving its historical building and grounds. In addition to these, the club also takes charge of publishing its monthly newsletter and annual roster.


Official website here: www.ncyconline.com

Who is the CEO of North Channel Yacht Club?

Rick Romatz is the Vice Commodo of North Channel Yacht Club.


Official website here: www.ncyconline.com

What is the revenue of North Channel Yacht Club?

North Channel Yacht Club's revenue in 2022 was $369,939.


Official website here: www.ncyconline.com

Who are the executives of North Channel Yacht Club and what are their salaries?

There 220 volunteers at North Channel Yacht Club.


Here are 13 key members and their salaries:


Brian Fringer (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Romatz (Vice Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Hall (Past Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Burkhardt (Rear Commodo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christa Betts (Director-Tre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Javery (Director-Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Maniaci (Director-Act)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Frederiksen (Director-Clu)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Steinmacher (Director-Har)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelley Sweier (Director-Mem)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Winkler (Director-Pub)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Douglas (Director-Sup)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Lisowski (Director-Tra)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ncyconline.com

Where can I find the form 990 for North Channel Yacht Club?

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


Official website here: www.ncyconline.com

Learn more at the official website: www.ncyconline.com

Mission Statement of North Channel Yacht Club

The North Channel Yacht Club, in its mission, aims to serve as a gathering place that encourages social relaxation, fellowship, and provides docking facilities for its members. This nonprofit organization seeks to stimulate interest in various forms of boating activities, preserving not only its historical building but also the surrounding grounds. By fostering these pursuits, the North Channel Yacht Club fosters a sense of community among its members, offering them a welcoming space to engage in shared passions. Furthermore, the club takes pride in producing its monthly newsletter and annual roster, keeping its members informed and connected.

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Impact




October, 2024

North Channel Yacht Club significantly enhances the community in Algonac, MI, by creating a vibrant hub for boating enthusiasts and social engagement. It offers members a welcoming meeting place that fosters social relaxation and fellowship, cultivating a sense of belonging among individuals with a shared passion for boating.

The club stimulates interest in various boating activities, encouraging participation and camaraderie among members while promoting the preservation of its historical building and grounds. By facilitating connections through events and activities, the yacht club enriches the local culture, serves as a resource for recreational boating, and contributes positively to the community's social fabric. Moreover, its monthly newsletter and annual roster keep members informed and engaged, reinforcing the importance of community among boaters.




This information is meant to be a general summary of North Channel 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
$369,939 (2022)
Expenses
$331,594 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$750
  • Program Service Revenue: $249,680
  • Gross Receipts: $552,417

Assets and Liabilities:

  • Total Assets: $727,420
  • Total Liabilities: $21,092
  • Net Assets: $706,328

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Programs

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

MEMBERSHIP DUES

Revenue

$225,700

ADVERTISING REVENUE

Revenue

$9,080

WELL RENTALS - MAINLAND

Revenue

$7,000

MEMBERSHIP DUES - FIRST MATES

Revenue

$2,480

WINTER STORAGE RECEIPTS

Revenue

$1,750

Organization Details

Founding Year

1967

Principal Officer

Rick Romatz

Main Address

9004 ANCHOR BAY DRIVE, ALGONAC, MI, 48001

NTEE Category

Code: N50 - Recreation

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