South Venice Yacht Club Inc
- Assets
- $227.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Venice, FL
- Founding
- 08/1968
- Data as of
- 12/2022
- EIN
- 59-6140234
Organization Overview
South Venice Yacht Club Inc is located in Venice, FL. The organization was established in 1968. 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. South Venice 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, South Venice Yacht Club Inc generated $92.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $95.0k during the year ending 12/2022. While expenses have increased by 8.5% per year over the past 8 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
PROVIDES AND MAINTAINS A PROPERTY THAT GIVES LOCAL RESIDENTS A PLACE FOR SOCIAL AND EDUCATIONAL GATHERINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ralph Rogers Commodore | 2 | $0 | |
Alan Eckle Rear Commodore | 2 | $0 | |
Gregory Schwartz Vice Commodore | 2 | $0 | |
Michael Wood Treasurer | 2 | $0 | |
Catherine Linhart Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,161 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $70,853 |
| Total Revenue | $92,014 |
| 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 | $1,123 |
| Occupancy, rent, utilities, and maintenance | $33,439 |
| Printing, publications, postage, and shipping | $4,849 |
| Other expenses | $55,554 |
| Total expenses | $94,965 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $84,625 |
| Other assets | $0 |
| Total assets | $227,661 |
| Total liabilities | $40,816 |
| Net assets or fund balances | $186,845 |
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