Cherokee Land Yacht Harbor
- Assets
- $314.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Park Hill, OK
- Founding
- 06/1973
- Data as of
- 10/2017
- EIN
- 23-7296523
Organization Overview
Cherokee Land Yacht Harbor is located in Park Hill, OK. 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. Cherokee Land Yacht Harbor is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 10/2017, Cherokee Land Yacht Harbor generated $32.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $12.6k during the year ending 10/2017. As we would expect to see with falling revenues, expenses have declined by (37.3%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chuck Paxton President | 2 | $0 | |
Troy Baggs 1st VP | 1 | $0 | |
Charles Moates 2nd VP | 1 | $0 | |
Rodney Kimble Trustee | 1 | $0 | |
Larry Mills Trustee | 1 | $0 | |
Mollie Hanna Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $31,725 |
| Investment income | $281 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $330 |
| Total Revenue | $32,336 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $50 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $300 |
| Occupancy, rent, utilities, and maintenance | $11,048 |
| Printing, publications, postage, and shipping | $682 |
| Other expenses | $500 |
| Total expenses | $12,580 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,121 |
| Other assets | $0 |
| Total assets | $314,091 |
| Total liabilities | $0 |
| Net assets or fund balances | $314,091 |