Beachmont Yacht Club is located in Revere, MA. The organization was established in 0000. 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. Beachmont 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 12/2021, Beachmont Yacht Club generated $97.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $58.6k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE LOW COST BOATING SERVICES BENEFITING HUNDREDS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Leonard Greenlaw President | 5 | $0 | |
Beth Wagner Director | 2 | $0 | |
Michael Fretwell Vice President | 2 | $0 | |
John Gallagher Financial Secretary | 2 | $0 | |
Robert Monteiro Fleet Captain | 2 | $0 | |
Brandi Fretwell Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $10,710 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $7,366 |
Total Revenue | $97,444 |
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 | $925 |
Occupancy, rent, utilities, and maintenance | $25,277 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $32,398 |
Total expenses | $58,600 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $24,577 |
Other assets | $0 |
Total assets | $100,463 |
Total liabilities | $0 |
Net assets or fund balances | $100,463 |
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