Crescent Yacht Club

Organization Overview

Crescent Yacht Club is located in Bradford, MA. The organization was established in 1974. 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. Crescent 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, Crescent Yacht Club generated $208.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $194.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

RECREATION ACTIVITIES FOR THE BENEFIT OF THE MEMBERS

Describe the Organization's Program Activity:

Part 3 - Line 4a

RECREATION ACTIVITIES FOR THE MEMBERS


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Board, Officers & Key Employees

Name (title)Compensation
Dana Fields
Executive Board
$0
Richard Leblanc
Commodore
$0
Beverley Desormeaux
Recording Secretary
$0
Richard Cummings
Ffleet Captain
$0
Lisa Corr
Treasurer
$0
Joseph Shepard
Vice Commordore
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$7,001
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$7,001
Total Program Service Revenue$0
Investment income $21
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $4,762
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $136,762
Miscellaneous Revenue$0
Total Revenue $208,433

Peer Organizations

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