Mukilteo Yacht Club
- Assets
- $141.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mukilteo, WA
- Founding
- 02/2005
- Data as of
- 12/2022
- EIN
- 91-1930941
Organization Overview
Mukilteo Yacht Club is located in Mukilteo, WA. The organization was established in 2005. 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. Mukilteo Yacht Club 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, Mukilteo Yacht Club generated $23.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $19.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 6 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE CLUB BOATING SERVICES TO 80 MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Dauenhauer Commodore | 5 | $0 | |
Bob Luckenbach Rear Commodore | 3 | $0 | |
Jim Griffing Secretary | 2 | $0 | |
Alex Denton Director | 1 | $0 | |
Dani Hixon Director | 1 | $0 | |
Bill Starkweather Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,300 |
| Total Program Service Revenue | $0 |
| Membership dues | $17,075 |
| Investment income | $8 |
| Gain or Loss | -$476 |
| Net Income from Gaming & Fundraising | $3,739 |
| Other Revenue | $1,379 |
| Total Revenue | $23,025 |
| 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 | $5,735 |
| Printing, publications, postage, and shipping | $1,139 |
| Other expenses | $12,516 |
| Total expenses | $19,390 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $132,564 |
| Other assets | $0 |
| Total assets | $141,879 |
| Total liabilities | $4,954 |
| Net assets or fund balances | $136,925 |
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|---|---|---|
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