Kings Park Yacht Club Inc is located in Kings Park, NY. The organization was established in 2006. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, 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. Kings Park 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 12/2023, Kings Park Yacht Club Inc generated $18.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $34.2k during the year ending 12/2023. While expenses have increased by 7.9% per year over the past 8 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dennis Bologna Past Commodore | 0 | $0 | |
Steven Deminich Rear Commod. | 0 | $0 | |
Charles Judson Treasurer | 0 | $0 | |
Fred Mahnke Secretary | 0 | $0 | |
Alan Aiello Past Commodore | 0 | $0 | |
Dennis Flynn Member At Large | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $15,935 |
Investment income | $2,811 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $80 |
Total Revenue | $18,826 |
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 | $1,218 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $194 |
Other expenses | $32,818 |
Total expenses | $34,230 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $153,845 |
Other assets | $0 |
Total assets | $403,845 |
Total liabilities | $0 |
Net assets or fund balances | $403,845 |