Grand River Yacht Club
- Assets
- $297.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grand River, OH
- Founding
- 08/1971
- Data as of
- 12/2022
- EIN
- 23-7085993
Organization Overview
Grand River Yacht Club is located in Grand River, OH. The organization was established in 1971. 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. Grand River 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, Grand River Yacht Club generated $131.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $87.6k during the year ending 12/2022. While expenses have increased by 8.1% 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
2022
Describe the Organization's Program Activity:
Part 3
TEACHING HOW TO SAIL THRU THE CLUBS ONGOING RACING SERIES EVENTS AND TRANING CLASSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Knapp Commodore | 10 | $0 | |
Paul Mathews Vice Commodore | 5 | $0 | |
Rick Taylor Rear Commodore | 8 | $0 | |
Open Secretary | 0 | $0 | |
Colin Mills Treasurer | 12 | $0 | |
George Schlauch Fleet Captain | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100 |
| Total Program Service Revenue | $0 |
| Membership dues | $80,887 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $50,003 |
| Total Revenue | $130,992 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $4,798 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5 |
| Occupancy, rent, utilities, and maintenance | $53,593 |
| Printing, publications, postage, and shipping | $274 |
| Other expenses | $28,936 |
| Total expenses | $87,606 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $115,467 |
| Other assets | $0 |
| Total assets | $297,115 |
| Total liabilities | $0 |
| Net assets or fund balances | $297,115 |