Hammond Yacht Club Inc is located in Hammond, IN. The organization was established in 1992. 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. Hammond Yacht Club Inc 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, Hammond Yacht Club Inc generated $87.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $84.5k during the year ending 12/2022. 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
TO CREATE AND MAINTAIN AMONG ITS MEMBERS AND COMMUNITY AN ATMOSPHERE OF GOOD SPORTMANSHIP AND CARRY ON SUCH ACTIVITIES AS MAY BE BENEFICIAL TO BOATING.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda Kasch Commodore | 10 | $0 | |
Patty Wojnovich Vice Commodo | 10 | $0 | |
Suzette Hopkins Secretary | 5 | $0 | |
Brandon Leak Treasurer | 15 | $0 | |
Jill Sirann Rear Commodo | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $38,350 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $267 |
| Total Revenue | $87,659 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $32,025 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $27,766 |
| Printing, publications, postage, and shipping | $34 |
| Other expenses | $24,681 |
| Total expenses | $84,506 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,906 |
| Other assets | $0 |
| Total assets | $31,261 |
| Total liabilities | $1,031 |
| Net assets or fund balances | $30,230 |