Belvedere Yacht Club Inc
- Assets
- $164.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Arnold, MD
- Founding
- 02/2008
- Data as of
- 12/2021
- EIN
- 20-8945241
Organization Overview
Belvedere Yacht Club Inc is located in Arnold, MD. The organization was established in 2008. 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. Belvedere 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 12/2021, Belvedere Yacht Club Inc generated $45.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $29.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTING BOATING RELATED ACTIVITIES WHILE MAINTAINING A CLUBHOUSE, GROUNDS, AND BOATING FACILITIES FOR MEMBERS' USE.
Describe the Organization's Program Activity:
Part 3
CLUBHOUSE & PROPERTY OCCUPANCY
SOCIAL ACTIVITIES
MARINE ACTIVITIES
OTHER PROGRAM SERVICES DESCRIBED IN SCHEDULE O
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Hagerty Commodore | 10 | $0 | |
Ziya Gun Rear Commodore | 7 | $0 | |
Bruce Kerr Fleet Captain | 5 | $0 | |
James Cathcart Secretary | 4 | $0 | |
Anna Davis Vice Commodore | 3 | $0 | |
Frank Cingel Treasurer | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $33,474 |
| Membership dues | $11,208 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $45,584 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $640 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $28,419 |
| Printing, publications, postage, and shipping | $179 |
| Other expenses | $245 |
| Total expenses | $29,483 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,570 |
| Other assets | $0 |
| Total assets | $164,001 |
| Total liabilities | $0 |
| Net assets or fund balances | $164,001 |
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