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Nonprofit · EIN 38-0861385

MUSKEGON YACHT CLUB

Tax-exempt · MUSKEGON, MI 49441

Financials

$789K$767K2023$701K$754K2024
Revenue Expenses · by fiscal year end
Financials of MUSKEGON YACHT CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$701,243$754,370-$53,127$1,034,649$895,100$139,549
December 31, 2023990$789,048$767,016$22,032$1,488,157$1,295,481$192,676
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$73,320
Program service revenue
$602,311
Investment income
$655
Net income from sales of inventory
$15,725
Other revenue
$24,957

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$55,663
Other salaries and wages
$155,833
Salaries, compensation and benefits (total)
$259,444
Professional fundraising fees
$0
Accounting fees
$3,550
Occupancy
$114,976
Travel
$241
Depreciation
$121,683

Balance sheet and other

Total assets, start of year
$1,488,157
Total assets, end of year
$1,034,649
Total liabilities, end of year
$895,100
Net assets, end of year
$139,549
Land, buildings and equipment
$513,568
Gross unrelated business income
$40,791
Gross receipts
$1,077,042
Employees
40
Volunteers
28
Year formed
1934
State of legal domicile
MI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
SUSAN PETERSBUSINESS MAN
Officer
35$55,663$5,151
JEFF BLUMCOMMODORE
Trustee or director, Officer
2$0$0
CATHY LINDLAND-YOUNGVICE COMMODO
Trustee or director, Officer
2$0$0
CLARK MILLERREAR COMMORO
Trustee or director
2$0$0
KEVIN MOOREPAST COMMODO
Trustee or director, Officer
2$0$0
KAREN GARVEYSECRETARY
Trustee or director, Officer
2$0$0
LARRY TAUNTTREASURER
Trustee or director, Officer
2$0$0
JEREMY COXDIRECTOR
Trustee or director
2$0$0
JIM WUJKOWSKIDIRECTOR
Trustee or director
2$0$0
ANN PIERCEDIRECTOR
Trustee or director
2$0$0
KRISTOPHER HOFFMANDIRECTOR
Trustee or director
2$0$0
MASHALL LYSTRADIRECTOR
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationOther / benefits
KIMBERLY NGUYENGENERAL MANA
Officer
40$65,929$5,700
SUSAN PETERSBUSINESS MAN
Officer
35$52,006$4,733
CATHY LINDLAND-YOUNGREAR COMMODO
Trustee or director, Officer
2$0$0
KEVIN MOORECOMMODORE
Trustee or director, Officer
2$0$0
JEFF BLUMVICE COMMODO
Trustee or director, Officer
2$0$0
JESSICA STRECKERPAST COMMODO
Trustee or director, Officer
2$0$0
KAREN GARVEYSECRETARY
Trustee or director, Officer
2$0$0
LARRY TAUNTTREASURER
Trustee or director, Officer
2$0$0
JEREMY COXDIRECTOR
Trustee or director
2$0$0
JD WALLACE SRDIRECTOR
Trustee or director
2$0$0
CLARK MILLERDIRECTOR
Trustee or director
2$0$0
KRISTOPHER HOFFMANDIRECTOR
Trustee or director
2$0$0
MARSHALL LYSTRADIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
3198 EDGEWATER ST, MUSKEGON, MI 49441-1164
Principal officer (990 for 2024)
LARRY TAUNT, 3198 EDGEWATER STREET, MUSKEGON, MI 49441
Signed the 990
LARRY TAUNT, TREASURER
Phone
(231) 755-1414
Return prepared by
BRICKLEY DELONG PC

Mission

ORGANIZATION SEEKS TO PROMOTE AND SPONSOR THE DEVELOPMENT OF NONCOMMERCIAL WATERCRAFT; PROVIDE & MAINTAIN CLUB FACILITIES AND SOCIAL QUARTERS FOR ITS MEMBERS; ORGANIZE AND PROMOTE REGATTAS AND BOAT RACES.

990 for the year ended December 31, 2024

Program accomplishments

  • MAINTAINED DOCK AND SLIPS FOR MEMBERS - SERVED 80
  • OPERATED RESTAURANT FOR MEMBERS - SERVED 419 MEMBERS
  • CONDUCTED SOCIAL EVENTS, REGATTAS AND SAILING LESSONS FOR MEMBERS - SERVED 419 MEMBERS

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
38-0861385
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1946
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,034,649
Income (IRS master file)
$1,077,042

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$701,243$754,370$1,034,649XML
990December 2023$789,048$767,016$1,488,157XML
990December 2022$933,614$886,595$1,594,218IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-0861385).

Questions about MUSKEGON YACHT CLUB

What is the EIN of MUSKEGON YACHT CLUB?
The employer identification number (EIN) of MUSKEGON YACHT CLUB is 38-0861385.
Is MUSKEGON YACHT CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1946.
Are donations to MUSKEGON YACHT CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MUSKEGON YACHT CLUB file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MUSKEGON YACHT CLUB due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MUSKEGON YACHT CLUB last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MUSKEGON YACHT CLUB?
The 990 for the year ended December 31, 2024 names LARRY TAUNT.
Who are the officers and directors of MUSKEGON YACHT CLUB?
The 990 for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $55,663 (SUSAN PETERS, BUSINESS MAN).
How much revenue does MUSKEGON YACHT CLUB have?
On its 990 for the year ended December 31, 2024 it reported revenue of $701,243, expenses of $754,370 and total assets of $1,034,649 at year end.

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