Candlewood Yacht Club Inc
- Assets
- $490.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brookfield, CT
- Founding
- 11/1993
- Data as of
- 12/2021
- EIN
- 06-1363222
Organization Overview
Candlewood Yacht Club Inc is located in Brookfield, CT. The organization was established in 1993. 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. Candlewood 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, Candlewood Yacht Club Inc generated $111.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $103.1k during the year ending 12/2021. While expenses have increased by 6.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
YACHT CLUB THAT ENCOURAGES AND PROMOTES SAILING ON CANDLEWOODLAKE. THE CLUB PROVIDES PICNIC GROUNDS, BATHROOM FACILITIES,DOCKS AND BOAT SLIPS TO MEMBERS.
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 |
|---|---|---|---|
Don O' Keefe President | 5 | $0 | |
Doug Main Vice President | 5 | $0 | |
Denise Alan Cane Secretary | 5 | $0 | |
Rich Mowery Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $40,195 |
| Membership dues | $69,427 |
| Investment income | $1,921 |
| Gain or Loss | $41 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $111,584 |
| 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 | $375 |
| Occupancy, rent, utilities, and maintenance | $68,870 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $33,826 |
| Total expenses | $103,071 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $261,928 |
| Other assets | $0 |
| Total assets | $490,308 |
| Total liabilities | $0 |
| Net assets or fund balances | $490,308 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Westchester Country Club Inc Rye, NY | $77,553,664 | $42,480,746 |
Elderhostel Inc Boston, MA | $135,068,845 | $25,807,817 |
Yale Club Of New York City New York, NY | $50,588,779 | $20,944,634 |
Old Westbury Golf & Country Club Inc Old Westbury, NY | $24,637,751 | $16,881,231 |
Innis Arden Golf Club Inc Old Greenwich, CT | $33,992,814 | $14,860,228 |
Hudson National Golf Club Inc Croton On Hudson, NY | $51,687,185 | $12,086,027 |
Nantucket Golf Club Inc Siasconset, MA | $41,080,926 | $8,761,983 |
Great Harbor Yacht Club Inc Nantucket, MA | $67,641,341 | $7,821,481 |
Fisher Island Club Inc Fishers Island, NY | $26,382,427 | $9,842,592 |
Golf Club Of Marthas Vineyard Inc Edgartown, MA | $54,618,022 | $7,664,048 |
Noyac Golf Club Inc Sag Harbor, NY | $25,263,669 | $11,022,614 |
Greenwich Water Club Inc Cos Cob, CT | $34,734 | $8,500,732 |