Wilson Cove Yacht Club Inc
- Assets
- $33.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rowayton, CT
- Founding
- 01/1964
- Data as of
- 12/2021
- EIN
- 06-6063807
Organization Overview
Wilson Cove Yacht Club Inc is located in Rowayton, CT. The organization was established in 1964. 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. Wilson Cove 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, Wilson Cove Yacht Club Inc generated $46.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $63.4k during the year ending 12/2021. 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 |
|---|---|---|---|
Joyce Meurer Co-Commodore | 2 | $0 | |
Carola Precht Co-Commodore | 2 | $0 | |
Tom Towell Secretary | 1 | $0 | |
Stefan Precht Rear Commodo | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $43,169 |
| Investment income | $10 |
| Gain or Loss | $2,344 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,914 |
| 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 | $8,355 |
| Occupancy, rent, utilities, and maintenance | $18,556 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $36,479 |
| Total expenses | $63,390 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,532 |
| Other assets | $0 |
| Total assets | $33,274 |
| Total liabilities | $0 |
| Net assets or fund balances | $33,274 |
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