Shrewsbury Sailing & Yacht Club

Organization Overview

Shrewsbury Sailing & Yacht Club is located in Little Silver, NJ. The organization was established in 1985. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Shrewsbury Sailing & Yacht Club employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shrewsbury Sailing & Yacht Club 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, Shrewsbury Sailing & Yacht Club generated $409.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $369.2k during the year ending 12/2022. While expenses have increased by 2.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ADULT & CHILDREN WATER SAFETY, SAILING & RACING

Describe the Organization's Program Activity:

Part 3 - Line 4a

ADULT & CHILD WATER SAFETY, SAILING AND RACING


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Board, Officers & Key Employees

Name (title)Compensation
Alley Henderson
Board Member
$0
Beth Desmond
Board Member
$0
Bob Stevenson
Board Member
$0
Craig Steel
Board Member
$0
Dave Mcgill
Board Member
$0
Dave Usechak
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$315,963
Investment income $1,552
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,800
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $409,913

Peer Organizations

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