Fifth Street Yacht Club Of Racine Inc

Organization Overview

Fifth Street Yacht Club Of Racine Inc is located in Racine, WI. The organization was established in 1973. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Fifth Street Yacht Club Of Racine Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fifth Street Yacht Club Of Racine Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 12/2021, Fifth Street Yacht Club Of Racine Inc generated $201.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $193.1k during the year ending 12/2021. While expenses have increased by 5.5% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CLUB PROVIDES SOCIAL AND BOATING ACTIVITIES FOR ITS MEMBERS

Describe the Organization's Program Activity:

Part 3 - Line 4a

CLUB HELD ACTIVITIES FOR BENEFIT OF MEMBERS


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$43,591
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$43,591
Total Program Service Revenue$143,098
Investment income $2
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $14,724
Miscellaneous Revenue$0
Total Revenue $201,415

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