Port Huron Yacht Club Inc

Organization Overview

Port Huron Yacht Club Inc is located in Port Huron, MI. The organization was established in 1956. 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. Port Huron Yacht Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 12/2022, Port Huron Yacht Club Inc generated $518.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $385.0k during the year ending 12/2022. While expenses have increased by 4.8% per year over the past 5 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTE GREAT LAKES SAILING; PROMOTE WATER SAFETY AND SAFE BOATING; FOSTER SAILING COMPETITION AMONG MEMBERS AND MEMBERS OF OTHER SAILING CLUBS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTE SAILING AND COMRADERIE AMONG SAILORS BY USING CLUB FACILITIES ON AN ECONOMICAL BASIS.


PROMOTE COMRADERIE AMONG SAILORS BY CONDUCTING SOCIAL EVENTS FOR MEMBERS AND THEIR GUESTS.


ORGANIZE AND CONDUCT SAILBOAT RACES AND REGATTAS FOR AROUND THE BUOY AND LONG DISTANCE RACES, SOME IN CONJUNCTION WITH OTHER YACHT CLUBS. PROMOTE AND ENCOURAGE SAFE BOATING BY REQUIRING SAILBOAT RACERS TO FOLLOW SAFE BOATING RULES AND TO CARRY SAFETY EQUIPMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Jody Smith
Director
$0
Brian Cann
Director
$0
Brad Driscol
Director
$0
Steve Beeler
Director
$0
John Anter
Director
$0
Chuck Mcmillan
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$208,792
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$208,792
Total Program Service Revenue$228,741
Investment income $1,334
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 $67,107
Miscellaneous Revenue$0
Total Revenue $518,012

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