North Bend Yacht Club
- Assets
- $47.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- North Bend, OH
- Founding
- 01/2011
- Data as of
- 12/2023
- EIN
- 27-4097947
Organization Overview
North Bend Yacht Club is located in North Bend, OH. The organization was established in 2011. 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. North Bend 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, North Bend Yacht Club generated $33.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (12.5%) each year. All expenses for the organization totaled $19.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (21.9%) 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDING SUPPORT AND DONATIONS TO LOCAL CHARITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Lameier Commodore | 1 | $0 | |
Joe Seta Vice Commodore | 1 | $0 | |
Norb Guetle Rear Commodore/purser | 1 | $0 | |
Kathy Beutsch Steward | 1 | $0 | |
Donna Peliman Member-At-Large | 1 | $0 | |
Bill Carelli Social Chairman | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $14,007 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $18,213 |
| Other Revenue | $0 |
| Total Revenue | $33,220 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,830 |
| Other expenses | $17,226 |
| Total expenses | $19,056 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,485 |
| Other assets | $0 |
| Total assets | $47,485 |
| Total liabilities | $0 |
| Net assets or fund balances | $47,485 |