Owasco Yacht Club Inc
- Assets
- $225.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Auburn, NY
- Founding
- 12/1995
- Data as of
- 12/2023
- EIN
- 15-0408990
Organization Overview
Owasco Yacht Club Inc is located in Auburn, NY. The organization was established in 1995. 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. Owasco 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 12/2023, Owasco Yacht Club Inc generated $123.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $133.3k during the year ending 12/2023. While expenses have increased by 4.4% per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
PROGRAM EXPENSES INCLUDE MUSIC ENTERTAINMENT AND INFORMATIONAL EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alfons Bielecki Commodore | 3 | $0 | |
Louise Wilson Past Commodore Social Director | 3 | $0 | |
Janet Carroll Secretary | 1 | $0 | |
Richard Knaul Treasurer | 4 | $0 | |
Michael Castiglia Grounds Director | 1 | $0 | |
Diana Bielecki Buildings Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $522 |
| Total Program Service Revenue | $0 |
| Membership dues | $116,095 |
| Investment income | $839 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $6,879 |
| Total Revenue | $123,859 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $21,586 |
| Professional fees and other payments to independent contractors | $16,302 |
| Occupancy, rent, utilities, and maintenance | $61,862 |
| Printing, publications, postage, and shipping | $1,707 |
| Other expenses | $31,850 |
| Total expenses | $133,307 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $88,770 |
| Other assets | $0 |
| Total assets | $225,496 |
| Total liabilities | $2,203 |
| Net assets or fund balances | $223,293 |