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Grand Lake Yacht Club Inc

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

EIN: 510633427 ✦ Granby, CO ✦ Designated as a 501(c)(7)

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Overview

What is Grand Lake Yacht Club Inc?

Grand Lake Yacht Club Inc, located in Granby, Colorado, is a nonprofit organization with a focus on promoting competitive and leisure sailing on Grand Lake. With a team of 22 dedicated individuals, they operate a Sailing School as part of their educational program, extending this opportunity to both club members and non-members, aiming to enhance the sailing knowledge of local children. Beyond sailing, the club also maintains its facilities and organizes social events, furthering its mission to foster a sense of community within the sailing realm.


Official website here: www.grandlakeyachtclub.com

Is Grand Lake Yacht Club Inc legitimate?

Grand Lake Yacht Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Grand Lake Yacht Club Inc 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: $43,324

For more financial information, click here


Official website here: www.grandlakeyachtclub.com

What is the mission statement of Grand Lake Yacht Club Inc?

The Grand Lake Yacht Club Inc's mission is centered around promoting and fostering competitive and leisurely sailing activities. It strives to uphold the well-being of its facilities and organizes social events. The club also offers a Sailing School as part of its educational program, aiming to enhance the sailing knowledge of children from the local community, catering to both its members and non-members.


Official website here: www.grandlakeyachtclub.com

Who is the CEO of Grand Lake Yacht Club Inc?

J Scott Munn is the Commodore of Grand Lake Yacht Club Inc.


Official website here: www.grandlakeyachtclub.com

What is the revenue of Grand Lake Yacht Club Inc?

Grand Lake Yacht Club Inc's revenue in 2022 was $395,413.


Official website here: www.grandlakeyachtclub.com

Who are the executives of Grand Lake Yacht Club Inc and what are their salaries?

The average compensation at Grand Lake Yacht Club Inc during 2022 was $1,969. There are 22 employees at Grand Lake Yacht Club Inc.


Here are 12 key members and their salaries:


Bill Meyer (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Scott Munn (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
John O'Donnell (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rory Fry (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Harrington (Communication Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Toni Campbell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duke Lynch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Crossland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blake Fulenwider (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Howey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marco Capra (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay O'Neall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.grandlakeyachtclub.com

Where can I find the form 990 for Grand Lake Yacht Club Inc?

Grand Lake Yacht Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.grandlakeyachtclub.com

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

Mission Statement of Grand Lake Yacht Club Inc

Grand Lake Yacht Club Inc, a notable entity, is committed to promoting and fostering the passion for both competitive and leisurely sailing on Grand Lake. The organization's main objective is to preserve its club facilities and facilitate social gatherings, all while nurturing an interest in sailing. As part of its educational initiatives, Grand Lake Yacht Club Inc operates a Sailing School, which aims to enhance the sailing knowledge of children within the community, catering to both its members and non-members alike.

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Impact




October, 2024

Grand Lake Yacht Club Inc plays a vital role in enhancing the community's engagement with sailing and water-based recreation. By promoting both competitive and recreational sailing on Grand Lake, the club fosters a love for the sport that encourages participation among residents and visitors alike.

One significant aspect of its impact is the establishment of a Sailing School, which enriches the educational landscape for children in the Granby area. The program not only imparts sailing skills but also nurtures teamwork, discipline, and a sense of responsibility in young sailors, benefitting both members and non-members of the community. Through these initiatives, the club serves as a hub for social interaction, bringing people together and cultivating a strong sense of community around shared interests.

In addition to its educational programs, Grand Lake Yacht Club Inc maintains club facilities and hosts social functions that enhance the recreational offerings of the region. This commitment to maintaining a welcoming and vibrant environment contributes to the overall quality of life in Granby, promoting healthy outdoor activities and community bonding. Overall, the GLYC's efforts significantly enrich the local community by encouraging sailing, fostering friendships, and providing valuable educational opportunities for the next generation.




This information is meant to be a general summary of Grand Lake Yacht Club Inc. 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
$395,413 (2022)
Expenses
$266,902 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $190
  • Program Service Revenue: $61,492
  • Gross Receipts: $410,522

Assets and Liabilities:

  • Total Assets: $2,382,320
  • Total Liabilities: $6,610
  • Net Assets: $2,375,710

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Programs

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

Sailing School

Revenue

$61,492

Organization Details

Founding Year

1991

Principal Officer

J Scott Munn

Main Address

PO BOX 983, GRANBY, CO, 80446

NTEE Category

Code: N50 - Recreation

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