Gull Lake Yacht Club
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brainerd, MN
- Founding
- 11/2003
- Data as of
- 12/2017
- EIN
- 11-3688044
Organization Overview
Gull Lake Yacht Club is located in Brainerd, MN. The organization was established in 2003. 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. Gull Lake 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 12/2017, Gull Lake Yacht Club generated $900.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (74.9%) each year. All expenses for the organization totaled $889.6k during the year ending 12/2017. 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
2017
Describe the Organization's Program Activity:
Part 3
SOCIAL EVENTS ARE PLANNED EACH SEASON FOR MEMBERS. ONE ANNUAL FUN REGATTA IS OPEN TO THE PUBLIC (WHICH INCLUDES 5 RACES IN A 2 DAY PERIOD). NATIONALLY SPONSORED SAILING EVENTS ARE OCCASIONALLY HOSTED, AND ONGOING SUPPORT IS PROVIDED TO THE GULL LAKE SAILING SCHOOL FOR ITS SAILING SCHOOL AND REGATTA EVENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vincent Driessen President | 1 | $0 | |
Dj Dondelinger Commodore | 1 | $0 | |
Matthew Seymour Director | 1 | $0 | |
Steve Northway Director | 1 | $0 | |
Mark Polovitz Director | 1 | $0 | |
Cheryl Cote Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $900 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $900 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,128 |
| Occupancy, rent, utilities, and maintenance | $4,449 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $551 |
| Total expenses | $889,637 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |