Most groups use "Roberts Rules of Order" to handle meetings and organizational rules. The legalities of Corporations etc. have to do with "owning" property. Stock holders versus members etc. Non profit versus for profit. It is unlikely you can get a 501 C3 for a Yacht these days, due to "benefits" to members via private club and such.
However, all that said you are wide open to design dues and member issues all you want.
Good Luck
Set up the club as a not for profit. Establish a foundation using 501 ( c ) (3 ) to accept donations.
