Sue Haven Yacht Club Inc is located in Essex, MD. The organization was established in 1972. 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. Sue Haven 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 12/2022, Sue Haven Yacht Club Inc generated $102.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $100.3k during the year ending 12/2022. While expenses have increased by 16.7% per year over the past 6 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
2022
Describe the Organization's Program Activity:
Part 3
SOCIAL AND RECREATION CLUB 100% VOLUNTEER NO EMPLOYEES NO MEMBERS ARE PAID
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clifford Reed Commodore | 20 | $0 | |
William Adams Vice Commodore | 20 | $0 | |
Gregory Smith Rear Commodore | 20 | $0 | |
Eric Straw Fleet Captain | 20 | $0 | |
Julie Beyrodt Secretary | 20 | $0 | |
Pete Beyrodt Treasurer | 20 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,636 |
| Total Program Service Revenue | $97,290 |
| Membership dues | $3,675 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $102,601 |
| 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 | $34,834 |
| Printing, publications, postage, and shipping | $1,791 |
| Other expenses | $63,694 |
| Total expenses | $100,319 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,402 |
| Other assets | $0 |
| Total assets | $29,402 |
| Total liabilities | $0 |
| Net assets or fund balances | $29,402 |