Landings Yacht Club Inc is located in Fort Myers, FL. The organization was established in 2014. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., 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. Landings 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 08/2023, Landings Yacht Club Inc generated $88.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 51.8% each year . All expenses for the organization totaled $104.4k during the year ending 08/2023. While expenses have increased by 46.7% per year over the past 3 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 CONDUCT A MEMBERS-ONLY YACHT CLUB AND ALL NECESSARY ACTIVITIES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheryl Tromley Secretary | 5 | $0 | |
Scott Dustin President | 20 | $0 | |
Catherine Steeves Treasurer | 20 | $0 | |
Alan Powers Vice President | 20 | $0 | |
Katherine Thompson Director | 20 | $0 | |
Fred Garner Director | 20 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,943 |
| Total Program Service Revenue | $0 |
| Membership dues | $20,870 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $88,813 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $75,195 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,196 |
| Total expenses | $104,361 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,134 |
| Other assets | $0 |
| Total assets | $15,134 |
| Total liabilities | $0 |
| Net assets or fund balances | $15,134 |