Poughkeepsie Yacht Club Inc

Organization Overview

Poughkeepsie Yacht Club Inc is located in Hyde Park, NY. The organization was established in 1976. 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. Poughkeepsie 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 11/2021, Poughkeepsie Yacht Club Inc generated $206.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $242.4k during the year ending 11/2021. While expenses have increased by 4.0% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

RECREATIONAL BOATING FACILITY

Describe the Organization's Program Activity:

Part 3 - Line 4a

YACHTING ORGANIZATION PROVIDES BOATING, CLUBHOUSE, DOCKAGE AND STORAGE FACILITIES FOR MEMBER USAGE ONLY. THE CLUB HAS ABOUT 200 ACTIVE, SOCIAL & HONORARY MEMBERS AND ISSUES AN IN-HOUSE NEWSLETTER TO THE MEMBERSHIP ON A MONTHLY BASIS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$72,308
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$22,248
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$94,556
Total Program Service Revenue$71,970
Investment income $94
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $206,336

Peer Organizations

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