Les Cheneaux Yacht Club
- Assets
- $331.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cedarville, MI
- Founding
- 10/1949
- Data as of
- 12/2022
- EIN
- 36-3252093
Organization Overview
Les Cheneaux Yacht Club is located in Cedarville, MI. The organization was established in 1949. 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. Les Cheneaux 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, Les Cheneaux Yacht Club generated $154.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $132.7k during the year ending 12/2022. While expenses have increased by 6.7% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Mcinally Commodore | 10 | $0 | |
Jason Dunn Vice Commodore | 10 | $0 | |
Grant Hesser Treasurer | 5 | $0 | |
Mike Ecker Secretary | 10 | $0 | |
Brett Alexander Director | 5 | $0 | |
Rachel Birkmeier Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,875 |
| Total Program Service Revenue | $45,276 |
| Membership dues | $94,600 |
| Investment income | $15 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $13,320 |
| Total Revenue | $154,496 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,888 |
| Professional fees and other payments to independent contractors | $6,142 |
| Occupancy, rent, utilities, and maintenance | $23,765 |
| Printing, publications, postage, and shipping | $6,742 |
| Other expenses | $76,161 |
| Total expenses | $132,698 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $93,278 |
| Other assets | $0 |
| Total assets | $331,483 |
| Total liabilities | $821 |
| Net assets or fund balances | $330,662 |