Alpena Yacht Club
- Assets
- $76.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Alpena, MI
- Founding
- 12/1967
- Data as of
- 12/2023
- EIN
- 38-1856123
Organization Overview
Alpena Yacht Club is located in Alpena, MI. The organization was established in 1967. 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. Alpena 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, Alpena Yacht Club generated $88.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $52.4k during the year ending 12/2023. While expenses have increased by 1.7% per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
TO PROMOTE BOATING SAFETY, RECREATION AND SOCIAL ACTIVITIES FOR THE CITIZENS OF NORTHEASTERN MICHIGAN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Orr President | 2 | $0 | |
Elaine Orf Secretary | 2 | $0 | |
Kimberly Labrecque Treasurer | 4 | $0 | |
Brian Peterson Commodore | 2 | $0 | |
Ashley Peterson Vice Commodore | 2 | $0 | |
Pat Huggler Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,881 |
| Total Program Service Revenue | $0 |
| Membership dues | $62,231 |
| Investment income | $293 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $23,687 |
| Total Revenue | $88,092 |
| 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 | $15,666 |
| Occupancy, rent, utilities, and maintenance | $8,718 |
| Printing, publications, postage, and shipping | $129 |
| Other expenses | $27,907 |
| Total expenses | $52,420 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,427 |
| Other assets | $0 |
| Total assets | $76,558 |
| Total liabilities | $0 |
| Net assets or fund balances | $76,558 |