North Shore Yacht Club
- Assets
- $186.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Highland Park, IL
- Founding
- 11/1951
- Data as of
- 12/2022
- EIN
- 36-2647186
Organization Overview
North Shore Yacht Club is located in Highland Park, IL. The organization was established in 1951. 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 Shore 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 12/2022, North Shore Yacht Club generated $73.1k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $56.5k 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
THE NORTH SHORE YACHT CLUB IS A MEMBERSHIP ORGANIZATION FOR SAILORS, KAYAKERS, POWER BOATERS AND STAND UP PADDLERS. WE ARE AN ALL VOLUNTEER, NOT FOR PROFIT OPEN TO RESIDENTS OF ALL COMMUNITIES. WE OFFER YOUTH AND ADULT SAILING COURSES, RACING WORKSHOPS, WEEKLY SUNDAY AND THURSDAY SAIL RACING, A SUMMER REGATTA, INTRO AND SKILL DEVELOPMENT KAYAK COURSES, FULL MOON PADDLES AND WATERFRONT FAMILY ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Knapp Commodore | 5 | $0 | |
Wes Madara Vice Commodore | 3 | $0 | |
Kathy Mcrae Rear Commodore | 3 | $0 | |
Lisa Walter Treasurer | 3 | $0 | |
Ellie Sylvan Secretary | 3 | $0 | |
Chris Unseth Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $70,545 |
| Investment income | $25 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $440 |
| Other Revenue | $215 |
| Total Revenue | $73,130 |
| 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 | $2,951 |
| Occupancy, rent, utilities, and maintenance | $30,928 |
| Printing, publications, postage, and shipping | $368 |
| Other expenses | $22,271 |
| Total expenses | $56,518 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $69,316 |
| Other assets | $0 |
| Total assets | $186,897 |
| Total liabilities | $0 |
| Net assets or fund balances | $186,897 |