Pettipaug Yacht Club Inc
- Assets
- $149.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Essex, CT
- Founding
- 02/1971
- Data as of
- 12/2021
- EIN
- 06-0715040
Organization Overview
Pettipaug Yacht Club Inc is located in Essex, CT. The organization was established in 1971. 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. Pettipaug 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 12/2021, Pettipaug Yacht Club Inc generated $77.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $43.5k 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
NONE
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,136 |
| Total Program Service Revenue | $1,434 |
| Membership dues | $51,385 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $18,227 |
| Total Revenue | $77,650 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,249 |
| Professional fees and other payments to independent contractors | $1,607 |
| Occupancy, rent, utilities, and maintenance | $11,385 |
| Printing, publications, postage, and shipping | $2,060 |
| Other expenses | $27,195 |
| Total expenses | $43,496 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,381 |
| Other assets | $0 |
| Total assets | $149,175 |
| Total liabilities | $0 |
| Net assets or fund balances | $149,175 |
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