Kingston Cove Yacht Club
- Assets
- $141.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kingston, WA
- Founding
- 01/1973
- Data as of
- 12/2023
- EIN
- 23-7153096
Organization Overview
Kingston Cove Yacht Club is located in Kingston, WA. The organization was established in 1973. 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. Kingston Cove 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 12/2023, Kingston Cove Yacht Club generated $58.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $35.3k during the year ending 12/2023. 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
MAINTAINED FACILITY FOR MEMBERS AND PROVIDES RECREATION ANDPLEASURE THROUGH EVENTS AND ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Turner Vice Commodore | 5 | $0 | |
Karen Waite Secretary | 5 | $0 | |
John Gantz Treasurer | 5 | $0 | |
Margaret Osborn Commodore | 5 | $0 | |
Shelley Gantz Rear Commodore | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $86,688 |
| Investment income | $304 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $6,667 |
| Total Revenue | $58,885 |
| 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 | $435 |
| Occupancy, rent, utilities, and maintenance | $27,266 |
| Printing, publications, postage, and shipping | $286 |
| Other expenses | $7,284 |
| Total expenses | $35,271 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $137,596 |
| Other assets | $0 |
| Total assets | $141,069 |
| Total liabilities | $27,371 |
| Net assets or fund balances | $113,698 |