North Flathead Yacht Club

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

EIN: 810358284 ✦ Somers, MT ✦ Designated as a 501(c)(7)

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Overview

What is North Flathead Yacht Club?

The North Flathead Yacht Club, situated in Somers, Montana (PO Box 208), is a membership-based organization with a primary goal of enhancing the sailing experience for its members. Established with the purpose of maintaining facilities for sailing activities on Flathead Lake, the club fosters an engaging racing program and offers cruising events, social gatherings, and safety programs to its members. With a dedicated team of only two employees, the North Flathead Yacht Club is committed to promoting and supporting the sport of sailing.


Official website here: www.nfyc.org

Is North Flathead Yacht Club legitimate?

North Flathead Yacht Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. North Flathead 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: $12,800

For more financial information, click here


Official website here: www.nfyc.org

What is the mission statement of North Flathead Yacht Club?

The North Flathead Yacht Club, serving as a membership organization, is committed to enhancing the enjoyment of sailing and providing and maintaining necessary facilities for this purpose. The club encourages participation in the sport of sailing through various activities. It boasts a robust racing program, offers cruising events, and hosts social gatherings for its members. Furthermore, the club prioritizes safety, providing programs to ensure the well-being of its sailors.


Official website here: www.nfyc.org

Who is the CEO of North Flathead Yacht Club?

M'Lynn Schwartz is the Rear Commodore of North Flathead Yacht Club.


Official website here: www.nfyc.org

What is the revenue of North Flathead Yacht Club?

North Flathead Yacht Club's revenue in 2022 was $190,164.


Official website here: www.nfyc.org

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

The average compensation at North Flathead Yacht Club during 2022 was $6,400. There are 2 employees and 140 volunteers at North Flathead Yacht Club.


Here are 12 key members and their salaries:


Norman Art (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Fisher (Past Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Fisher (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Benedict (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Mohler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Holden (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gayle Graf (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
M'Lynn Schwartz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashli Slawter (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hailey Graf (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Fiftal (Port Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Lockwood (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nfyc.org

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

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


Official website here: www.nfyc.org

Learn more at the official website: www.nfyc.org

Mission Statement of North Flathead Yacht Club

North Flathead Yacht Club, a membership organization, is dedicated to enriching the sailing experience and fostering participation in this sport. Its primary mission is to provide and maintain suitable facilities for sailing enthusiasts, serving as a hub for the sport's enjoyment. Beyond maintaining facilities, the club also encourages a vibrant racing program, offering cruising events, social gatherings, and safety programs for its members. These initiatives aim to create a dynamic and supportive community for sailors, fostering a shared passion and enjoyment of the sport.

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Impact




October, 2024

North Flathead Yacht Club plays a significant role in enhancing the enjoyment of sailing along the shores of Flathead Lake. By providing and maintaining facilities dedicated to the sport, the club fosters a vibrant sailing community. It supports active participation through a strong racing program, which encourages competition and skill development among sailors of all levels.

Additionally, the club organizes cruising and social events, creating opportunities for members to connect and share their love for sailing. A focus on safety programs ensures that participants are well-equipped to enjoy the water responsibly. Overall, North Flathead Yacht Club promotes recreational engagement and strengthens community bonds through shared experiences on Flathead Lake.




This information is meant to be a general summary of North Flathead 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
$190,164 (2022)
Expenses
$130,634 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,655
  • Program Service Revenue: $181,365
  • Gross Receipts: $209,432

Assets and Liabilities:

  • Total Assets: $1,023,055
  • Total Liabilities: $149,527
  • Net Assets: $873,528

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Programs

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

DOCK AND OTHER FEES

Revenue

$100,017

Membership Dues & Assessments

Revenue

$81,348

Organization Details

Founding Year

1975

Principal Officer

M'Lynn Schwartz

Main Address

PO BOX 208, SOMERS, MT, 59932

NTEE Category

Code: N50 - Recreation

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