Winnipesaukee Yacht Club Inc
- Assets
- $481.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Laconia, NH
- Founding
- 02/1960
- Data as of
- 12/2022
- EIN
- 02-6012477
Organization Overview
Winnipesaukee Yacht Club Inc is located in Laconia, NH. The organization was established in 1960. 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. Winnipesaukee 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, Winnipesaukee Yacht Club Inc generated $101.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (12.4%) each year. All expenses for the organization totaled $97.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marcia Wadsworth Commodore | 5 | $0 | |
Stephan Nix Vice Commodore | 3 | $0 | |
Chris Wiemann Rear Commodore | 1 | $0 | |
Laura Cameron Secretary | 2 | $0 | |
Keith Nix Treasurer | 3 | $0 | |
Richard Correia Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,395 |
| Total Program Service Revenue | $16,500 |
| Membership dues | $73,181 |
| Investment income | $13 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $101,083 |
| 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 | $800 |
| Occupancy, rent, utilities, and maintenance | $74,547 |
| Printing, publications, postage, and shipping | $1,176 |
| Other expenses | $16,585 |
| Total expenses | $97,903 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $108,820 |
| Other assets | $0 |
| Total assets | $481,175 |
| Total liabilities | $0 |
| Net assets or fund balances | $481,175 |