Kings Park Yacht Club Inc
- Assets
- $432.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kings Park, NY
- Founding
- 06/2006
- Data as of
- 12/2021
- EIN
- 11-6198526
Organization Overview
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 12/2021, Kings Park Yacht Club Inc generated $14.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $32.1k 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 |
|---|---|---|---|
Dennis Bologna Past Commodore | 0 | $0 | |
Alan Aiello Past Commodore | 0 | $0 | |
Fred Mahnke Secretary | 0 | $0 | |
Charles Judson Treasurer | 0 | $0 | |
Steven Deminich Member At Large | 0 | $0 | |
Dennis Flynn Member At Large | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $13,960 |
| Investment income | $746 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $89 |
| Total Revenue | $14,795 |
| 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 | $1,115 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $175 |
| Other expenses | $30,835 |
| Total expenses | $32,125 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $182,440 |
| Other assets | $0 |
| Total assets | $432,440 |
| Total liabilities | $0 |
| Net assets or fund balances | $432,440 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Row New York Inc New York, NY | $11,063,352 | $5,131,305 |
New England Sailing Foundation Inc Marblehead, MA | $32,351 | $1,795,441 |
New England Science & Sailing Foundation Inc Stonington, CT | $5,613,617 | $3,618,390 |
Long Island Swimming Garden City, NY | $5,786,299 | $2,981,330 |
Stony Brook Yacht Club Inc Stony Brook, NY | $1,925,542 | $2,144,649 |
Community Boating Inc Boston, MA | $5,688,954 | $2,833,055 |
Hudson River Community Sailing Inc New York, NY | $1,975,748 | $1,753,516 |
Winchester Boat Club Winchester, MA | $5,238,512 | $1,099,002 |
South Jersey Aquatic Club Voorhees, NJ | $176,269 | $1,185,963 |
Saugatuck Harbor Yacht Club Inc Westport, CT | $2,019,925 | $1,016,320 |
West Side Rowing Club Incorporated Of The City Of Buffalo Buffalo, NY | $4,706,391 | $1,097,011 |
Usa Swimming Inc Blue Bell, PA | $1,171,270 | $977,140 |