Mukilteo Yacht Club is located in Everett, 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 12/2023, Mukilteo Yacht Club generated $24.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $28.6k during the year ending 12/2023. 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
PROVIDE CLUB BOATING SERVICES TO 80 MEMBERS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Swenson Commodore | 5 | $0 | |
Don Dauenhauer Past Commodore | 5 | $0 | |
Bob Wright Vice Commodore | 5 | $0 | |
Tammy Smith Rear Commodore | 5 | $0 | |
Bob Luckenbach Fleet Captain | 5 | $0 | |
Thomas Rieke Treasurer | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,042 |
| Total Program Service Revenue | $0 |
| Membership dues | $16,193 |
| Investment income | $1,579 |
| Gain or Loss | -$407 |
| Net Income from Gaming & Fundraising | $4,722 |
| Other Revenue | $541 |
| Total Revenue | $24,670 |
| 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 | $9,568 |
| Printing, publications, postage, and shipping | $1,318 |
| Other expenses | $17,717 |
| Total expenses | $28,603 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $131,433 |
| Other assets | $0 |
| Total assets | $138,285 |
| Total liabilities | $4,026 |
| Net assets or fund balances | $134,259 |