Lake View Boat Club
- Assets
- $43.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wrightsville, PA
- Founding
- 12/1992
- Data as of
- 02/2022
- EIN
- 23-2478239
Organization Overview
Lake View Boat Club, operating under the name Lake View Yacht Club, is located in Wrightsville, PA. The organization was established in 1992. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, 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. Lake View 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 02/2022, Lake View Yacht Club generated $62.8k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $42.7k during the year ending 02/2022. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 5 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
TEACH BOATING SAFETY
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dale Young Commodore | 0 | $0 | |
Brian J Henise Treasurer | 0 | $0 | |
John Prime Vice Commodore | 0 | $0 | |
Thomas E Lease Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $7,670 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $38,875 |
| Other Revenue | $1,270 |
| Total Revenue | $62,829 |
| 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 | $450 |
| Occupancy, rent, utilities, and maintenance | $38,605 |
| Printing, publications, postage, and shipping | $1,405 |
| Other expenses | $2,199 |
| Total expenses | $42,659 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,285 |
| Other assets | $0 |
| Total assets | $43,285 |
| Total liabilities | $3,301 |
| Net assets or fund balances | $39,984 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Row New York Inc New York, NY | $11,063,352 | $5,131,305 |
Long Island Swimming Garden City, NY | $5,786,299 | $2,981,330 |
Stony Brook Yacht Club Inc Stony Brook, NY | $1,925,542 | $2,144,649 |
Swiminc Inc Worthington, OH | $829,638 | $1,806,874 |
Hudson River Community Sailing Inc New York, NY | $1,975,748 | $1,753,516 |
Vermilion Boat Club Inc Vermilion, OH | $883,885 | $1,475,888 |
South Jersey Aquatic Club Voorhees, NJ | $176,269 | $1,185,963 |
North Baltimore Aquatic Club Inc Towson, MD | $609,098 | $1,206,837 |
Swim And Racquet Club Columbus, OH | $2,677,814 | $1,163,525 |
West Side Rowing Club Incorporated Of The City Of Buffalo Buffalo, NY | $4,706,391 | $1,097,011 |
Forest Hill Swim Club Inc Ellicott City, MD | $874,185 | $822,025 |
Usa Swimming Inc Blue Bell, PA | $1,171,270 | $977,140 |