Great Lakes Cruising Club
- Assets
- $745.7k
- Revenue
- $290.4k
- Investments
- $0.0
- Employees
- 1
- Location
- Port Huron, MI
- Founding
- 09/1944
- Data as of
- 09/2022
- EIN
- 36-6108286
Organization Overview
Great Lakes Cruising Club is located in Port Huron, MI. The organization was established in 1944. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Great Lakes Cruising Club is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 09/2022, Great Lakes Cruising Club generated $290.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $268.8k during the year ending 09/2022. While expenses have increased by 3.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
BOATING SAFETY AND RELATED ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VARIOUS CRUISING EDUCATION AND SAFETY ACTIVITIES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Cline Commodore | OfficerTrustee | 1 | $0 |
Doug Jackson Vice Commodore | OfficerTrustee | 1 | $0 |
James Austin Secretary | OfficerTrustee | 1 | $0 |
Niels Jensen Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $255,005 |
| Investment income | $20,144 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $9,245 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $290,394 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $60,892 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,757 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $867 |
| Fees for services: Accounting | $6,745 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,169 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,447 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,385 |
| Insurance | $17,482 |
| All other expenses | $17,812 |
| Total functional expenses | $268,802 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $189,221 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $9,134 |
| Net Land, buildings, and equipment | $55,955 |
| Investments—publicly traded securities | $488,287 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,130 |
| Total assets | $745,727 |
| Accounts payable and accrued expenses | $4,330 |
| Grants payable | $0 |
| Deferred revenue | $5,325 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,655 |
| Net assets without donor restrictions | $736,072 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $745,727 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Great Lakes Cruising Club has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
James C Acheson Foundation Port Huron, MI PURPOSE: GENERAL SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Academy Of Model Aeronautics Ama Muncie, IN | $14,826,959 | $9,207,922 |
Lakewood Country Club Company Westlake, OH | $13,232,237 | $7,948,852 |
Wisconsin Club Inc Milwaukee, WI | $13,631,132 | $7,676,658 |
Milwaukee Country Club River Hills, WI | $13,393,861 | $8,032,632 |
North Shore Country Club Mequon, WI | $12,385,301 | $7,356,496 |
Travis Pointe Country Club Ann Arbor, MI | $3,693,496 | $5,450,943 |
Portage Country Club Akron, OH | $15,375,950 | $5,578,447 |
Tau Kappa Epsilon Fraternity Inc Indianapolis, IN | $5,851,438 | $5,058,540 |
Green Bay Country Club Inc Green Bay, WI | $11,578,714 | $7,130,925 |
Crystal Downs Country Club Frankfort, MI | $8,303,641 | $4,768,390 |
Gull Lake Country Club Richland, MI | $8,026,024 | $4,057,493 |
Golf Club Co New Albany, OH | $14,299,768 | $5,076,648 |