Cypremont Yacht Club Inc
- Assets
- $409.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Iberia, LA
- Founding
- 12/1984
- Data as of
- 12/2023
- EIN
- 72-0966063
Organization Overview
Cypremont Yacht Club Inc is located in New Iberia, LA. The organization was established in 1984. 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. Cypremont 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 12/2023, Cypremont Yacht Club Inc generated $95.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $75.6k during the year ending 12/2023. While expenses have increased by 2.4% per year over the past 7 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
SOCIAL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Conner House & Grounds | 5 | $0 | |
Michael Lamperez Treasurer | 5 | $0 | |
Jason Massey Commodore | 5 | $0 | |
Edward Duhe Rear Commodore | 5 | $0 | |
Butch Nolan Membership | 5 | $0 | |
Alan Corne Entertainment | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,451 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $95,452 |
| 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 | $5,401 |
| Occupancy, rent, utilities, and maintenance | $6,292 |
| Printing, publications, postage, and shipping | $212 |
| Other expenses | $63,716 |
| Total expenses | $75,621 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $103,736 |
| Other assets | $0 |
| Total assets | $408,986 |
| Total liabilities | $243,613 |
| Net assets or fund balances | $165,373 |