Staten Island Yacht Club Inc is located in Staten Island, NY. The organization was established in 1990. 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. Staten Island Yacht Club Inc 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, Staten Island Yacht Club Inc generated $150.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $148.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 8 years. 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
RECREATIONAL CLUB EXPENSES
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $120,001 |
Membership dues | $30,160 |
Investment income | $28 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $150,189 |
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 | $3,376 |
Occupancy, rent, utilities, and maintenance | $29,954 |
Printing, publications, postage, and shipping | $60 |
Other expenses | $115,539 |
Total expenses | $148,929 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $116,435 |
Other assets | $0 |
Total assets | $161,800 |
Total liabilities | $29,000 |
Net assets or fund balances | $132,800 |