Inner Harbor Yacht Club Inc
- Assets
- $330.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tonawanda, NY
- Founding
- 06/1965
- Data as of
- 02/2022
- EIN
- 16-0902451
Organization Overview
Inner Harbor Yacht Club Inc is located in Tonawanda, NY. The organization was established in 1965. 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. Inner Harbor 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 02/2022, Inner Harbor Yacht Club Inc generated $56.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $71.1k during the year ending 02/2022. While expenses have increased by 4.3% per year over the past 7 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
VARIOUS SOCIAL FUNCTIONS FOR MEMBERS INCLUDING FLAG RAISING AND LOWERING CEREMONIES, LADIES AUXILIARY, AND OTHER EVENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Herbold Director | 5 | $0 | |
Daniel Bundy Correspon Secry | 5 | $0 | |
Kelly Brown Director | 5 | $0 | |
Jeremy Schmitt Director | 5 | $0 | |
Richard Kivler Treasurer | 5 | $0 | |
Daniel Bright Recording Secry | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,421 |
| Total Program Service Revenue | $15,974 |
| Membership dues | $32,848 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $56,865 |
| 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 | $1,860 |
| Occupancy, rent, utilities, and maintenance | $31,046 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $38,221 |
| Total expenses | $71,127 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $65,217 |
| Other assets | $0 |
| Total assets | $330,535 |
| Total liabilities | $73,800 |
| Net assets or fund balances | $256,735 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Plainfield Country Club Edison, NJ | $20,539,827 | $10,734,974 |
Glen Ridge Country Club Glen Ridge, NJ | $4,315,456 | $11,200,681 |
Overbrook Golf Club Bryn Mawr, PA | $25,446,093 | $10,373,823 |
Fisher Island Club Inc Fishers Island, NY | $26,382,427 | $9,842,592 |
Golf Club Of Marthas Vineyard Inc Edgartown, MA | $54,618,022 | $7,664,048 |
North Jersey Country Club Inc Wayne, NJ | $12,240,984 | $10,758,532 |
Noyac Golf Club Inc Sag Harbor, NY | $25,263,669 | $11,022,614 |
Greenwich Water Club Inc Cos Cob, CT | $34,734 | $8,500,732 |
Huntington Crescent Club Inc Huntington, NY | $18,101,805 | $9,571,803 |
Cedar Hill Golf & Country Club Inc Livingston, NJ | $9,265,709 | $8,374,790 |
Lake Mohawk Country Club Sparta, NJ | $6,081,837 | $9,550,355 |
Mill River Club Inc Oyster Bay, NY | $11,730,867 | $8,340,769 |