Beachwood Yacht Club
- Assets
- $139.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Beachwood, NJ
- Founding
- 07/1975
- Data as of
- 12/2021
- EIN
- 21-0724583
Organization Overview
Beachwood Yacht Club is located in Beachwood, NJ. The organization was established in 1975. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beachwood 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 12/2021, Beachwood Yacht Club generated $47.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $47.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
COMPLETED 5 WEEKS OF SUMMER CAMP FOR EIGHT TO FIFTEEN YEAR OLD CHILDREN. COMPLETED 2 ADULT SAILING NIGHTTIME SERIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leo Canzoneri Commodore | 3 | $0 | |
Will Wienke Vice Commodore | 3 | $0 | |
Joseph Mauer Treasurer | 5 | $0 | |
Sue Bednarz Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,000 |
| Total Program Service Revenue | $17,696 |
| Membership dues | $28,730 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $47,426 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,089 |
| Professional fees and other payments to independent contractors | $1,725 |
| Occupancy, rent, utilities, and maintenance | $30,265 |
| Printing, publications, postage, and shipping | $347 |
| Other expenses | $0 |
| Total expenses | $47,426 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,867 |
| Other assets | $0 |
| Total assets | $139,825 |
| Total liabilities | $0 |
| Net assets or fund balances | $139,825 |
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