Bordentown Yacht Club
- Assets
- $223.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bordentown, NJ
- Founding
- 05/1969
- Data as of
- 12/2022
- EIN
- 21-0733642
Organization Overview
Bordentown Yacht Club is located in Bordentown, NJ. The organization was established in 1969. 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. Bordentown 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 12/2022, Bordentown Yacht Club generated $131.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $121.8k during the year ending 12/2022. While expenses have increased by 1.9% per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
ADDITIONAL BOATING ACTIVITIES WITH DOCK REBUILDINGAND IMPROVEMENT PROJECTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melanie Horahan Chairman | 10 | $0 | |
Jarred Pierson Fleet Captain | 20 | $0 | |
Deanna Nelson Commodore | 20 | $0 | |
Brian Koenig Vice Commodore | 15 | $0 | |
Paul Micharski Secretary | 10 | $0 | |
Matthew Berg Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $844 |
| Total Program Service Revenue | $82,380 |
| Membership dues | $38,058 |
| Investment income | $475 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,353 |
| Other Revenue | $936 |
| Total Revenue | $131,046 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $2,791 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,573 |
| Occupancy, rent, utilities, and maintenance | $98,738 |
| Printing, publications, postage, and shipping | $896 |
| Other expenses | $16,785 |
| Total expenses | $121,783 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $160,579 |
| Other assets | $0 |
| Total assets | $223,026 |
| Total liabilities | $3,935 |
| Net assets or fund balances | $219,091 |