New Haven Yacht Club
- Assets
- $122.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Haven, CT
- Founding
- 04/1981
- Data as of
- 12/2022
- EIN
- 06-0855551
Organization Overview
New Haven Yacht Club is located in New Haven, CT. The organization was established in 1981. 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. New Haven 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 12/2022, New Haven Yacht Club generated $79.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $77.8k during the year ending 12/2022. While expenses have increased by 2.9% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO SPONSOR CLUB PICNICS, RACING PROGRAMS, GROUP CLUB CRUISES, SOCIAL GATHERINGS FOR INDIVIDUALS WHO ENJOY SAILING IN AN INFORMAL ATMOSPHERE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Ratchelous Commodore | 0 | $0 | |
Stockard Clark Vice-Commodo | 0 | $0 | |
Joseph Parente Rear-Commodo | 0 | $0 | |
Frank B Hall Treasurer | 0 | $0 | |
Cheryl Amendola Secretary | 0 | $0 | |
Carlo Marchi Membership S | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $39,184 |
| Membership dues | $40,136 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $79,325 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $24,717 |
| Professional fees and other payments to independent contractors | $400 |
| Occupancy, rent, utilities, and maintenance | $6,301 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $46,371 |
| Total expenses | $77,789 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,213 |
| Other assets | $0 |
| Total assets | $121,979 |
| Total liabilities | $28,760 |
| Net assets or fund balances | $93,219 |