Arrow Yacht Club Inc
- Assets
- $41.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- College Point, NY
- Founding
- 03/1944
- Data as of
- 12/2022
- EIN
- 11-6038060
Organization Overview
Arrow Yacht Club Inc is located in College Point, NY. The organization was established in 1944. 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. Arrow 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 12/2022, Arrow Yacht Club Inc generated $113.5k 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 $127.8k during the year ending 12/2022. While expenses have increased by 15.3% 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
2022
Describe the Organization's Program Activity:
Part 3
OPERATION AND MAINTENANCE OF YACHT CLUB AND DOCK FACILITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eduardo Guzman Commodore | 40 | $0 | |
Paul Leonardo Board Chairman | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $57,955 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $113,499 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,800 |
| Professional fees and other payments to independent contractors | $15,477 |
| Occupancy, rent, utilities, and maintenance | $49,820 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $56,750 |
| Total expenses | $127,847 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,196 |
| Other assets | $0 |
| Total assets | $41,196 |
| Total liabilities | $0 |
| Net assets or fund balances | $41,196 |
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