Corsica River Yacht Club Inc
- Assets
- $88.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Centreville, MD
- Founding
- Data as of
- 12/2021
- EIN
- 52-0736128
Organization Overview
Corsica River Yacht Club Inc is located in Centreville, MD.
For the year ending 12/2021, Corsica River Yacht Club Inc generated $22.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (16.2%) each year. All expenses for the organization totaled $23.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (18.0%) per year over the past 4 years. 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
2021
Describe the Organization's Program Activity:
Part 3
JOINT WORK WITH QUEEN ANNES COUNTY AND CHESAPEAKE YMCA FOR YOUTH CAMP AND SAILING INSTRUCTIONS 300 CHILDRFEN SPONSOR ANNUAL CORSICA RIVER DAY 250 PEOPLE SPONSOR FOR 50 PEOPLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gail Owings Commodore | 1 | $0 | |
Joe D Barba Vice Commodore | 0.5 | $0 | |
John Foster Director | 2 | $0 | |
John Friel Treasurer | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $22,750 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $22,750 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $23,084 |
| Printing, publications, postage, and shipping | $376 |
| Other expenses | $0 |
| Total expenses | $23,460 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,112 |
| Other assets | $0 |
| Total assets | $88,063 |
| Total liabilities | $0 |
| Net assets or fund balances | $88,063 |