Gull Lake Yacht Club

Organization Overview

Gull Lake Yacht Club is located in Brainerd, MN. The organization was established in 2003. 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. Gull Lake 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 12/2017, Gull Lake Yacht Club generated $900.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (74.9%) each year. All expenses for the organization totaled $889.6k during the year ending 12/2017. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2017

Describe the Organization's Program Activity:

Part 3

SOCIAL EVENTS ARE PLANNED EACH SEASON FOR MEMBERS. ONE ANNUAL FUN REGATTA IS OPEN TO THE PUBLIC (WHICH INCLUDES 5 RACES IN A 2 DAY PERIOD). NATIONALLY SPONSORED SAILING EVENTS ARE OCCASIONALLY HOSTED, AND ONGOING SUPPORT IS PROVIDED TO THE GULL LAKE SAILING SCHOOL FOR ITS SAILING SCHOOL AND REGATTA EVENTS.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Membership dues$900
Investment income $0
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$900

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