Deep Creek Yacht Club Inc
- Assets
- $380.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- McLean, VA
- Founding
- 05/1980
- Data as of
- 10/2023
- EIN
- 52-1169938
Organization Overview
Deep Creek Yacht Club Inc is located in McLean, VA. The organization was established in 1980. 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. Deep Creek 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 10/2023, Deep Creek Yacht Club Inc generated $56.5k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $46.6k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (9.0%) 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDED A VENUE TO PROMOTE AND PARTICIPATE IN THE SPORT OF SAILING, EITHER COMPETITIVE SAILBOAT RACING OR DAY SAILING, FOR 23 CORPORATE MEMBERS FAMILIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Wilson Board Member | 1 | $0 | |
David Meehan Treasurer | 5 | $0 | |
Bruce Lothrop Secretary | 2 | $0 | |
Stephanie Mahan Rear Commodore | 5 | $0 | |
Jenifer Meehan Commodore | 1 | $0 | |
Susan Gibbs Vice Commodore | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $390 |
| Total Program Service Revenue | $0 |
| Membership dues | $56,151 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $56,541 |
| 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 | $35,093 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,531 |
| Total expenses | $46,624 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,042 |
| Other assets | $0 |
| Total assets | $380,544 |
| Total liabilities | $29,177 |
| Net assets or fund balances | $351,367 |