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Muskegon Yacht Club

Organization summary

Type of Nonprofit

Designated as a Social and recreational clubs.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$789k (2023)

Expenses
$767k (2023)

Total Assets
$1.49M (2023)

Total Liabilities
$1.3M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$789,048
Expenses
$767,016
Net Income
$22,032
Net Assets
$192,676
Notable Sources of Revenue Percent of Total Revenue
Contributions $55,213
7.0%
Program Services $635,640
80.6%
Investment Income $1,186
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $96,636
12.2%
Other Revenue $373
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $128,368
16.7%
Professional Fundraising Fees $0
Other Salaries and Wages $94,509
12.3%
Assets/Debt
Total Assets $1,488,157
Total Liabilities $1,295,481
Net Assets $192,676
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Kimberly Nguyen (General Mana) $65,929 $0 $5,700
Susan Peters (Business Man) $52,006 $0 $4,733
Cathy Lindland Young (Rear Commodo) $0 $0 $0
Kevin Moore (Commodore) $0 $0 $0
Jeff Blum (Vice Commodo) $0 $0 $0
Jessica Strecker (Past Commodo) $0 $0 $0
Karen Garvey (Secretary) $0 $0 $0
Larry Taunt (Treasurer) $0 $0 $0
Jeremy Cox (Director) $0 $0 $0
Jd Wallace Sr (Director) $0 $0 $0
Clark Miller (Director) $0 $0 $0
Kristopher Hoffman (Director) $0 $0 $0
Marshall Lystra (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$933,614
Expenses
$886,595
Net Income
$47,019
Net Assets
$182,012
Notable Sources of Revenue Percent of Total Revenue
Contributions $56,835
6.1%
Program Services $601,859
64.5%
Investment Income $512
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$2,140
Net Inventory Sales $64,256
6.9%
Other Revenue $212,292
22.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $119,481
13.5%
Professional Fundraising Fees $0
Other Salaries and Wages $91,505
10.3%
Assets/Debt
Total Assets $1,594,218
Total Liabilities $1,412,206
Net Assets $182,012
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Kimberly Nguyen (General Mana) $60,435 $0 $5,294
Susan Peters (Business Man) $49,274 $0 $4,478
Jessica Strecker (Commodore) $0 $0 $0
Kevin Moore (Vice Commodo) $0 $0 $0
Jeff Blum (Rear Commodo) $0 $0 $0
Eric Bombery (Past Commodo) $0 $0 $0
Karen Garvey (Secretary) $0 $0 $0
Larry Taunt (Treasurer) $0 $0 $0
Jeremy Cox (Director) $0 $0 $0
Jd Wallace Sr (Director) $0 $0 $0
Cassy Marchido (Director) $0 $0 $0
Kristopher Hoffman (Director) $0 $0 $0
Marshall Lystra (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,035,624
Expenses
$965,507
Net Income
$70,117
Net Assets
$134,993
Notable Sources of Revenue Percent of Total Revenue
Contributions $169,957
16.4%
Program Services $543,084
52.4%
Investment Income $1,779
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $116,950
11.3%
Other Revenue $203,854
19.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $116,229
12.0%
Professional Fundraising Fees $0
Other Salaries and Wages $162,686
16.8%
Assets/Debt
Total Assets $1,766,484
Total Liabilities $1,631,491
Net Assets $134,993
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Kimberly Nguyen (General Mana) $59,878 $0 $3,718
Susan Peters (Business Man) $49,502 $0 $3,131
Eric Bombery (Commodore) $0 $0 $0
Jessica Strecker (Vice Commodo) $0 $0 $0
Kevin Moore (Rear Commodo) $0 $0 $0
Jay Wallace Jr (Past Commodo) $0 $0 $0
Jeremy Cox (Secretary) $0 $0 $0
Larry Taunt (Treasurer) $0 $0 $0
Cathy Lindland Young (Director) $0 $0 $0
Karen Garvey (Director) $0 $0 $0
Cassy Marchido (Director) $0 $0 $0
Jeff Blum (Director) $0 $0 $0
Jules Terry (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$666,571
Expenses
$603,380
Net Income
$63,191
Net Assets
$64,876
Notable Sources of Revenue Percent of Total Revenue
Contributions $156,860
23.5%
Program Services $439,368
65.9%
Investment Income $2,403
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $67,940
10.2%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $99,528
16.5%
Professional Fundraising Fees $0
Other Salaries and Wages $66,583
11.0%
Assets/Debt
Total Assets $1,942,275
Total Liabilities $1,877,399
Net Assets $64,876
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Kimberly Nguyen (General Mana) $55,471 $0 $0
Susan Peters (Business Man) $44,057 $0 $0
Jay Wallace Jr (Commodore) $0 $0 $0
Eric Bombery (Vice Commodo) $0 $0 $0
Jessica Ledsworth (Rear Commodo) $0 $0 $0
Tim Wallace (Past Commodo) $0 $0 $0
Jeremy Cox (Secretary) $0 $0 $0
Larry Taunt (Treasurer) $0 $0 $0
Cathy Lindland Young (Director) $0 $0 $0
Andy Harris (Director) $0 $0 $0
Mark Marchido (Director) $0 $0 $0
Kevin Moore (Director) $0 $0 $0
Jules Terry (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$601,545
Expenses
$628,320
Net Income
-$26,775
Net Assets
$1,685
Notable Sources of Revenue Percent of Total Revenue
Contributions $44,695
7.4%
Program Services $462,285
76.8%
Investment Income $8
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $68,975
11.5%
Other Revenue $25,582
4.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $93,330
14.9%
Professional Fundraising Fees $0
Other Salaries and Wages $63,712
10.1%
Assets/Debt
Total Assets $1,729,762
Total Liabilities $1,728,077
Net Assets $1,685
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Kimberly Nguyen (General Mana) $52,460 $0 $0
Susan Peters (Business Man) $40,870 $0 $0
Eric Bombery (Rear Commodo) $0 $0 $0
Brad Fisher (Past Commodo) $0 $0 $0
Andy Harris (Director) $0 $0 $0
Jay Wallace Jr (Vice Commodo) $0 $0 $0
Jessica Ledsworth (Secretary) $0 $0 $0
Cathy Lindland Young (Director) $0 $0 $0
Mark Marchido (Director) $0 $0 $0
Kevin Moore (Director) $0 $0 $0
Andy Price (Director) $0 $0 $0
Larry Taunt (Treasurer) $0 $0 $0
Tim Wallace (Commodore) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$651,633
Expenses
$638,637
Net Income
$12,996
Net Assets
$28,460
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,194
0.2%
Program Services $531,706
81.6%
Investment Income $4
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $88,229
13.5%
Other Revenue $30,500
4.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $88,286
13.8%
Professional Fundraising Fees $0
Other Salaries and Wages $65,350
10.2%
Assets/Debt
Total Assets $1,858,959
Total Liabilities $1,830,499
Net Assets $28,460
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Kimberly Nguyen (General Mana) $46,999 $0 $0
Susan Peters (Business Man) $41,287 $0 $0
Brad Fisher (Commodore) $0 $0 $0
Tim Wallace (Vice Commodo) $0 $0 $0
Dean Runk (Rear Commodo) $0 $0 $0
Bud Ainsworth (Past Commodo) $0 $0 $0
Jessica Ledsworth (Secretary) $0 $0 $0
Larry Taunt (Treasurer) $0 $0 $0
Jim Bach (Director) $0 $0 $0
Mike Gassmann (Director) $0 $0 $0
Kevin Moore (Director) $0 $0 $0
Jon Tasker (Director) $0 $0 $0
Jay Wallace Jr (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$623,922
Expenses
$674,452
Net Income
-$50,530
Net Assets
$15,464
Notable Sources of Revenue Percent of Total Revenue
Contributions $539
0.1%
Program Services $503,424
80.7%
Investment Income $3
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,500
0.4%
Net Inventory Sales $90,912
14.6%
Other Revenue $26,544
4.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $82,968
12.3%
Professional Fundraising Fees $0
Other Salaries and Wages $66,317
9.8%
Assets/Debt
Total Assets $1,530,068
Total Liabilities $1,514,604
Net Assets $15,464
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Kimberly Nguyen (General Mana) $45,851 $0 $0
Susan Peters (Business Man) $37,117 $0 $0
Bud Ainsworth (Commodore) $0 $0 $0
Larry Taunt (Past Commodo) $0 $0 $0
Sam Nedeau (Past Commodo) $0 $0 $0
Eric Bombery (Secretary) $0 $0 $0
Dean Runk (Treasurer) $0 $0 $0
Brad Fisher (Vice Commodo) $0 $0 $0
Jon Tasker (Director) $0 $0 $0
Kevin Moore (Director) $0 $0 $0
Mike Gassmann (Director) $0 $0 $0
Jay Wallace Jr (Director) $0 $0 $0
Jim Bach (Director) $0 $0 $0
Tim Wallace (Rear Commodo) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$592,769
Expenses
$589,965
Net Income
$2,804
Net Assets
$65,994
Notable Sources of Revenue Percent of Total Revenue
Contributions $657
0.1%
Program Services $487,156
82.2%
Investment Income $3
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$262
Net Inventory Sales $103,880
17.5%
Other Revenue $1,335
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $81,862
13.9%
Professional Fundraising Fees $0
Other Salaries and Wages $57,462
9.7%
Assets/Debt
Total Assets $1,584,742
Total Liabilities $1,518,748
Net Assets $65,994
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Kimberly Nguyen (General Manager) $45,011 $0 $0
Susan Peters (Business Manager) $37,646 $0 $0
Bud Ainsworth (Vice Commodore) $0 $0 $0
Larry Taunt (Commodore) $0 $0 $0
Sam Nedeau (Past Commodore) $0 $0 $0
Eric Bombery (Secretary) $0 $0 $0
Dean Runk (Treasurer) $0 $0 $0
Brad Fisher (Rear Commodore) $0 $0 $0
Jon Tasker (Director) $0 $0 $0
Kevin Moore (Director) $0 $0 $0
Mike Gassmann (Director) $0 $0 $0
Jay Wallace Jr (Director) $0 $0 $0
Jim Bach (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$561,683
Expenses
$539,795
Net Income
$21,888
Net Assets
$63,190
Notable Sources of Revenue Percent of Total Revenue
Contributions $504
0.1%
Program Services $469,264
83.5%
Investment Income $3
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $89,887
16.0%
Other Revenue $2,025
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $77,941
14.4%
Professional Fundraising Fees $0
Other Salaries and Wages $50,981
9.4%
Assets/Debt
Total Assets $1,603,957
Total Liabilities $1,540,767
Net Assets $63,190
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Kimberly Nguyen (General Manager) $44,346 $0 $0
Susan Peters (Business Manager) $37,651 $0 $0
Bud Ainsworth (Rear Commodore) $0 $0 $0
Larry Taunt (Vice Commodore) $0 $0 $0
Sam Nedeau (Commodore) $0 $0 $0
Andy Price (Past Commodore) $0 $0 $0
Josh Wallace (Secretary) $0 $0 $0
Dean Runk (Treasurer) $0 $0 $0
Brad Fisher (Director) $0 $0 $0
Tim Wallace (Director) $0 $0 $0
Lisa Richards (Director) $0 $0 $0
Mike Gassmann (Director) $0 $0 $0
Jay Wallace Jr (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$542,139
Expenses
$524,627
Net Income
$17,512
Net Assets
$41,302
Notable Sources of Revenue Percent of Total Revenue
Contributions $41,141
7.6%
Program Services $413,831
76.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1,149
Net Inventory Sales $86,651
16.0%
Other Revenue $1,665
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $71,978
13.7%
Professional Fundraising Fees $0
Other Salaries and Wages $50,484
9.6%
Assets/Debt
Total Assets $1,636,384
Total Liabilities $1,595,082
Net Assets $41,302
Club or Co-Op Income
Initiation Fees & Contributions $7,425
Income From Public Use of Club Facilities $6,638
Compensation
Key Employees and Officers Compensation Related Other
Kimberly Nguyen (General Manager) $38,233 $0 $0
Susan Peters (Business Manager) $32,865 $0 $0
Bud Ainsworth (Director) $0 $0 $0
Mike Stewart (Past Commodore) $0 $0 $0
Larry Taunt (Rear Commodore) $0 $0 $0
Sam Nedeau (Vice Commodore) $0 $0 $0
Andy Price (Commodore) $0 $0 $0
Josh Wallace (Secretary) $0 $0 $0
Dean Runk (Treasurer) $0 $0 $0
Brad Fisher (Director) $0 $0 $0
Jack Draper (Director) $0 $0 $0
Tim Wallace (Director) $0 $0 $0
Lisa Richards (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$489,145
Expenses
$541,268
Net Income
-$52,123
Net Assets
$23,790
Notable Sources of Revenue Percent of Total Revenue
Contributions $39,902
8.2%
Program Services $383,047
78.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $64,621
13.2%
Other Revenue $1,575
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $64,773
12.0%
Professional Fundraising Fees $0
Other Salaries and Wages $42,969
7.9%
Assets/Debt
Total Assets $1,636,557
Total Liabilities $1,612,767
Net Assets $23,790
Club or Co-Op Income
Initiation Fees & Contributions $4,500
Income From Public Use of Club Facilities $5,824
Compensation
Key Employees and Officers Compensation Related Other
Cynthia Nicholson (Former Gen'l Mgr) $31,385 $0 $0
Susan Peters (Business Manager) $26,902 $0 $0
Kimberly Nguyen (General Manager) $21,712 $0 $0
Bud Ainsworth (Director) $0 $0 $0
Phil Lundwall (Past Commodore) $0 $0 $0
Sam Nedeau (Rear Commodore) $0 $0 $0
Andy Price (Vice Commodore) $0 $0 $0
Mike Stewart (Commodore) $0 $0 $0
Nancy Crandall (Secretary) $0 $0 $0
Larry Taunt (Treasurer) $0 $0 $0
Peter Larson (Director) $0 $0 $0
Jack Draper (Director) $0 $0 $0
Tim Wallace (Director) $0 $0 $0
Lisa Richards (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$446,293
Expenses
$552,869
Net Income
-$106,576
Net Assets
$75,912
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,368
0.8%
Program Services $401,844
90.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1,913
Net Inventory Sales $31,064
7.0%
Other Revenue $11,930
2.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $67,759
12.3%
Professional Fundraising Fees $0
Other Salaries and Wages $34,859
6.3%
Assets/Debt
Total Assets $1,778,693
Total Liabilities $1,702,781
Net Assets $75,912
Club or Co-Op Income
Initiation Fees & Contributions $3,900
Income From Public Use of Club Facilities $6,721

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$396,225
Expenses
$466,679
Net Income
-$70,454
Net Assets
$182,488
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,006
1.0%
Program Services $367,109
92.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$9,848
Net Inventory Sales $34,178
8.6%
Other Revenue $780
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $25,083
5.4%
Professional Fundraising Fees $0
Other Salaries and Wages $44,946
9.6%
Assets/Debt
Total Assets $1,861,336
Total Liabilities $1,678,848
Net Assets $182,488
Club or Co-Op Income
Initiation Fees & Contributions $2,400
Income From Public Use of Club Facilities $8,220

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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