Crescent Sail Yacht Club

Organization Overview

Crescent Sail Yacht Club is located in Grosse Pointe Farms, MI. The organization was established in 1946. 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. Crescent Sail Yacht Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 10/2021, Crescent Sail Yacht Club generated $544.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $389.3k during the year ending 10/2021. While expenses have increased by 1.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION PROVIDES A SAFE HARBOR FOR THE SUMMER USE OF SMALL BOATS. IN ADDITION, THE ORGANIZATION WORKS WITH SIMILAR ORGANIZATIONS TO SCHEDULE REGATTA SND RACING EVENTS THAT ARE USED TO TRAIN INDIVIDUALS ON WATER SAFETY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROVIDES A SAFE HARBOR FOR THE SUMMER USE OF SMALL BOATS. IN ADDITION, THE ORGANIZATION WORKS WITH SIMILAR ORGANIZATIONS TO SCHEDULE REGATTA SND RACING EVENTS THAT ARE USED TO TRAIN INDIVIDUALS ON WATER SAFETY


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Board, Officers & Key Employees

Name (title)Compensation
Tim Moron
Rear Commodore
$0
Ken Swetka
Vice Commodore
$0
Timothy Pruss
Commodore
$0
Rod Rask
Secretary
$0
Glenn Currin
Treasurer
$0
Gloria Barker
Director
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$355,889
Investment income $105
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 $0
Miscellaneous Revenue$0
Total Revenue $543,950

Peer Organizations

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