Newport Yacht Club Of Rochester New York Inc
- Assets
- $373.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rochester, NY
- Founding
- 05/1987
- Data as of
- 10/2023
- EIN
- 16-6008820
Organization Overview
Newport Yacht Club Of Rochester New York Inc is located in Rochester, NY. The organization was established in 1987. 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. Newport Yacht Club Of Rochester New York Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 10/2023, Newport Yacht Club Of Rochester New York Inc generated $90.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $60.2k during the year ending 10/2023. While expenses have increased by 7.7% per year over the past 4 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
SOCIAL ORGANIZATION MAINTAINING A CLUBHOUSE AND PROPERTY INCLUDING DOCK SPACE FOR PAYING MEMBERS TO USE FOR SAILING. FACILITY USAGE AND EDUCATION ARE PROVIDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas Dickman Commodore | 20 | $0 | |
Heather Goerlich Secretary | 10 | $0 | |
Erin Schumaker Treasurer | 15 | $0 | |
Vince Vitale Assistant Treasurer | 5 | $0 | |
Suzanne Passero-Colombo Vice Commodore | 15 | $0 | |
Steve Mickle Rear Commodore | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48 |
| Total Program Service Revenue | $0 |
| Membership dues | $89,984 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $90,032 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,842 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $21,009 |
| Printing, publications, postage, and shipping | $194 |
| Other expenses | $34,125 |
| Total expenses | $60,170 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,768 |
| Other assets | $0 |
| Total assets | $373,768 |
| Total liabilities | $103,170 |
| Net assets or fund balances | $270,598 |