Calumet Yacht Club Inc
- Assets
- $3.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 05/1958
- Data as of
- 08/2024
- EIN
- 36-2276109
Organization Overview
Calumet Yacht Club Inc is located in Chicago, IL. The organization was established in 1958. 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. Calumet 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 08/2024, Calumet Yacht Club Inc generated $128.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $157.3k during the year ending 08/2024. While expenses have increased by 0.5% per year over the past 6 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
2024
Describe the Organization's Program Activity:
Part 3
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Commodore | 8 | $0 | |
Name Not Listed Vice Commodore | 4 | $0 | |
Rear Commodore Richard Scwartz | 4 | $0 | |
Name Not Listed Treasurer | 12 | $0 | |
Frank Glanowski Director | 4 | $0 | |
Name Not Listed Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,905 |
| Total Program Service Revenue | $89,968 |
| Membership dues | $56,514 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$32,170 |
| Other Revenue | $0 |
| Total Revenue | $128,424 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,570 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $145,166 |
| Printing, publications, postage, and shipping | $278 |
| Other expenses | $5,272 |
| Total expenses | $157,286 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,905 |
| Other assets | $0 |
| Total assets | $3,905 |
| Total liabilities | $65,659 |
| Net assets or fund balances | -$61,754 |