Aeolian Yacht Club
- Assets
- $1.3m
- Revenue
- $366.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Alameda, CA
- Founding
- 02/1973
- Data as of
- 10/2022
- EIN
- 94-1436155
Organization Overview
Aeolian Yacht Club is located in Alameda, CA. The organization was established in 1973. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 10/2022, Aeolian Yacht Club employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aeolian 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 10/2022, Aeolian Yacht Club generated $366.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $317.8k during the year ending 10/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SOCIAL CLUB FOR BOATING AND YACHTING ENTHUSIASTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AEOLIAN YACHT CLUB PROMOTES SOCIAL INTERACTION AMONGST PEOPLE WHO HAVE A COMMON INTEREST IN BOATING AND YACHTING. A CLUBHOUSE AND BERTHING FACILITIES ARE MAINTAINED.
BOATING EVENTS, MAILINGS FOR SPECIAL EVENTS AND THE PUBLICATION OF AN ANNUAL YEARBOOK HELPS PROMOTE SOCIAL INTERACTION.
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 |
|---|---|---|---|
Tonya Hamlett Commodore | Officer | 5 | $0 |
Jim Blewer Vice Commodore | Officer | 5 | $0 |
Mari Miyaki Rear Commodore | Officer | 1 | $0 |
Diane Surber Recording Secy | Officer | 1 | $0 |
Patrick Mcdaid Treasurer | Officer | 1 | $0 |
Kris Leverich Port Captain | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $76,884 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,001 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,885 |
| Total Program Service Revenue | $282,161 |
| Investment income | $1,861 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,210 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,301 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$219 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $366,641 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $21,515 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,199 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,110 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $130 |
| Office expenses | $1,957 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $29,143 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,429 |
| Insurance | $33,149 |
| All other expenses | $66,878 |
| Total functional expenses | $317,816 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $705,371 |
| Savings and temporary cash investments | $157,822 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,636 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $433,967 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,725 |
| Total assets | $1,308,521 |
| Accounts payable and accrued expenses | $7,005 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $261,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $268,005 |
| Net assets without donor restrictions | $1,040,516 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,308,521 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Desert Mountain Club Inc Scottsdale, AZ | $166,271,047 | $90,760,793 |
Blackhawk Country Club Danville, CA | $46,780,436 | $25,821,111 |
Arizona Country Club Inc Ingleside Golf Course Phoenix, AZ | $28,519,514 | $16,170,854 |
Peninsula Golf & Country Club San Mateo, CA | $37,014,286 | $17,194,396 |
Tradition Golf Club La Quinta, CA | $47,453,667 | $16,366,705 |
Indian Ridge Country Club Inc Palm Desert, CA | $34,712,749 | $13,063,649 |
Orinda Country Club Orinda, CA | $26,304,081 | $14,413,689 |
Thunderbird Country Club A Corp Rancho Mirage, CA | $22,264,861 | $10,979,612 |
Oahu Country Club Honolulu, HI | $21,871,149 | $11,423,263 |
Club At Morningside Inc Rancho Mirage, CA | $15,858,818 | $9,401,139 |
The Reserve Club Indian Wells, CA | $31,458,734 | $9,455,163 |
The Estancia Club Inc Scottsdale, AZ | $23,780,936 | $10,696,041 |